Stock To Watch: Colfax Corporation (NYSE:CFX)


The leading market experts have placed a mean price target of $29.50 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 $0.35 a share for the upcoming quarter and $1.49 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 $27.33, and stock is hovering -1.57 or -5.74% distant from $27.33. It is noted that the 200-day MA is $26.26, and Colfax Corporation Common Stock stock is $-0.50 or -1.91% off from this point. Colfax Corporation (NYSE:CFX) 52-week high is $46.92 and the 52-week low is $18.22. This explains if the stock moves $-21.16, it will post a 52-week high. In event of $+41.38% points 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 23.40. The stock last ended the trading session at $25.76 and registered a market cap of $3.16B. 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 3.08.

1 Chart Pattern Every Investor Should Know

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