Stock To Watch: EMC Corporation (NYSE:EMC)


The leading market experts have placed a mean price target of $28.87 on EMC Corporation (NYSE:EMC) 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 $0.44 a share for the upcoming quarter and $1.80 for the current fiscal. Technical View The technical analysis of EMC Corporation Common Stock plainly substantiates that the 50-day moving average of EMC Corporation Common Stock is $27.66, and stock is hovering -0.47 or -1.70% distant from $27.66. It is noted that the 200-day MA is $26.15, and EMC Corporation Common Stock stock is $1.04 or +3.97% off from this point. EMC Corporation (NYSE:EMC) 52-week high is $28.77 and the 52-week low is $22.66. This explains if the stock moves $-1.58, it will post a 52-week high. In event of $+19.99% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of EMC 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, EMC Corporation (NYSE:EMC) ratio came in at 26.45. The stock last ended the trading session at $27.19 and registered a market cap of $53.11B. 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. EMC Corporation (NYSE:EMC) PEG ratio is at 1.70.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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