Analyst Ratings for EMC Corporation (EMC)Updated: 2016-09-06
EMC was given price targets by several analysts. The most optimistic analyst gave a price target of 32.09, which equates to a potential upside of 10.46 percent. The most pessimistic analyst gave a price target of 28, implying potential capital losses of -3.61 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -0.77 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
EMC has an estimated earnings growth rate of 31.57 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of EMC is 0.86.
In the last 52-weeks, EMC has achieved a high of 29.13 and a low of 22.99. The current market price is above the trailing year's low by 26.36 percent, and 0.27 percent below the high. EMC has a price/earnings ratio of 27.13. Investors typically compare the P/E ratio to a company's peers in the industry. The EMC value stock report compares EMC to some of its peers using value stock charts. The stock has a market capitalization of $56.67 billion. EMC's next earnings release will be on 2016-10-19, which is -758 days away.