Stock To Watch: Torchmark Corporation (NYSE:TMK)


The leading market experts have placed a mean price target of $59.20 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 $1.14 a share for the upcoming quarter and $4.45 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 $62.28, and stock is trading $1.98 points away or +3.18% from its 50-day moving average of $62.28. Further it is trading $5.88 or +10.08% away its 200-day moving average of $58.38. Torchmark Corporation (NYSE:TMK) 52-week high is $64.74 and the 52-week low is $48.47.

This explains if the stock moves $-0.48, it will post a 52-week high. In event of +32.58% 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 14.78.

The stock last ended the trading session at $64.26 and registered a market cap of $7.70B. 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 2.02.

1 Chart Pattern Every Investor Should Know

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