Stock To Watch: Colfax Corporation (NYSE:CFX)


The leading market experts have placed a mean price target of $30.00 on Colfax Corporation (NYSE:CFX) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.46 a share for the upcoming quarter and $1.51 for the current fiscal.

Technical View

The technical analysis of Colfax Corporation Common Stock plainly substantiates that the 50-day moving average of Colfax Corporation Common Stock is $28.26, and stock is trading $2.37 points away or +8.39% from its 50-day moving average of $28.26. Further it is trading $3.08 or +11.16% away its 200-day moving average of $27.55. Colfax Corporation (NYSE:CFX) 52-week high is $40.79 and the 52-week low is $18.22.

This explains if the stock moves $-10.16, it will post a 52-week high. In event of +68.11% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Colfax Corporation Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Colfax Corporation (NYSE:CFX) ratio came in at 30.36.

The stock last ended the trading session at $30.63 and registered a market cap of $3.76B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Colfax Corporation (NYSE:CFX) PEG ratio is at 2.44.

1 Chart Pattern Every Investor Should Know

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