Why Domtar Corporation (NYSE:UFS) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $41.36 on Domtar Corporation (NYSE:UFS) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.55 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 Domtar Corporation (NYSE:UFS) stands at 19.90. 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 Domtar Corporation (NEW) Common, the PEG ratio for coming 3-5 years is 4.44. Technical Analysis The technical analysis highlights that Domtar Corporation (NEW) Common current price is trading $-2.04 points away -5.55% from $36.72, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $36.32 and, for now, the stock price is trading $-1.64 or -4.52% away from that point. The 52-week high of Domtar Corporation (NYSE:UFS) was $42.95 while lowest point recorded in 52-week was $29.88. It implies if stock price makes a movement of over $-8.27, it will record a new 52-week high. In the case of $+16.06% points drop, it will touch a new 52-week low.

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