Core-Mark Holding Company, Inc. (NASDAQ:CORE) Projected EPS At $0.43 For Next Quarter


Core-Mark Holding Company, Inc. (NASDAQ:CORE) has a mean price target of $51.50 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.43 a share for the very next quarter and $1.41 for this year.

Technical View

The technical study of Core-Mark Holding Company, Inc. demonstrates that the 50-day moving average of Core-Mark Holding Company, Inc. (NASDAQ:CORE) stock is $42.32, and is trading $-6.44 points away or -15.21% from 50-day moving average of $42.32. It is trading $-6.72 or -15.77% away 200-day moving average of $42.60.

The 52-week high of Core-Mark Holding Company, Inc. (NASDAQ:CORE) was $50.00 while $30.69 is the low mark in the same period. It state Core-Mark Holding Company, Inc. share price has to surge more than $-14.12 to hit 52-week high or drop +16.89% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of Core-Mark Holding Company, Inc., investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Core-Mark Holding Company, Inc. (NASDAQ:CORE) ratio came in at 30.54, after dividing current equity price by yearly earnings. Core-Mark Holding Company, Inc. stock recorded a close of $35.88 in last trading session, registering a market cap of $1.66B.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Core-Mark Holding Company, Inc. (NASDAQ:CORE) PEG ratio is at 1.83.

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