Why Bemis Company, Inc. (NYSE:BMS) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $51.54 on Bemis Company, Inc. (NYSE:BMS) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.72 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Bemis Company, Inc. (NYSE:BMS) stands at 21.36. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Bemis Company, Inc. Common Stoc, the PEG ratio for coming 3-5 years is 2.34. Technical Analysis The technical analysis highlights that Bemis Company, Inc. Common Stoc current price is trading $2.17 points away +4.28% from $50.82, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $49.43 and, for now, the stock price is trading $3.56 or +7.21% away from that point. The 52-week high of Bemis Company, Inc. (NYSE:BMS) was $54.19 while lowest point recorded in 52-week was $38.91. It implies if stock price makes a movement of over $-1.20, it will record a new 52-week high. In the case of $+36.19% points drop, it will touch a new 52-week low.

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