Analyst Ratings for EMC Corporation (EMC)Updated: 2016-09-06
Several price targets were given for EMC by the analysts covering the stock. The most optimistic analyst gave a price target of 32.09, implying a possible profit of 10.46 percent. The lowest price target was 28, which equates to a potential downside of -3.61 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.77 percent.
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, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of EMC to grow at a rate of 31.57 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. EMC has a PEG ratio of 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 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 -820 days, on 2016-10-19.