Stock To Watch: Torchmark Corporation (NYSE:TMK)


The leading market experts have placed a mean price target of $58.270 on Torchmark Corporation (NYSE:TMK) 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 $1.110 a share for the upcoming quarter and $4.420 for the current fiscal. Technical View The technical analysis of Torchmark Corporation Common St plainly substantiates that the 50-day moving average of Torchmark Corporation Common St is $60.780, and stock is hovering 1.652 or +2.718% distant from $60.780. It is noted that the 200-day MA is $56.336, and Torchmark Corporation Common St stock is $6.096 or +10.820% off from this point. Torchmark Corporation (NYSE:TMK) 52-week high is $63.260 and the 52-week low is $48.470. This explains if the stock moves $-0.828, it will post a 52-week high. In event of $+28.805% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Torchmark Corporation Common St, 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, Torchmark Corporation (NYSE:TMK) ratio came in at 14.822. The stock last ended the trading session at $62.432 and registered a market cap of $7.53B. 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. Torchmark Corporation (NYSE:TMK) PEG ratio is at 1.870.

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