Analyst Ratings for EMC Corporation (EMC)Updated: 2016-09-06
EMC was given price targets by several analysts. The maximum price target given was 32.09, which equates to a potential upside of 10.46 percent. The most pessimistic price target was 28, implying a possible loss of -3.61 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.77 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
EMC has an estimated earnings growth rate of 31.57 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. 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. EMC has a PEG ratio of 0.86.
In the trailing 52-weeks, EMC hit 29.13 at the highest peak, while it's lowest trading point was 22.99. Currently the stock is 26.36 percent higher than its low, and 0.27 percent lower than its 52-week 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 market cap of EMC is $56.67 billion. EMC will post this quarters earnings in -950 days, on 2016-10-19.