[at Forbes] – You’d think that we’d have already had all the possible file sharing use-cases covered – when thinking about the different file sharing, backup and synchronization products I need to juggle a multitude of vendors and products in my head – Dropbox, SugarSync, EMC Syncplicity, Box, Citrix ShareFile, Microsoft SkyDrive, Google […]
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EMC Corporation (EMC), with a current market cap of $52.05B, started the session at $25.29.
Looking at the stock, its one day range is $25.18 to $25.37 with a one year range of $21.45 to $27.34.
EMC shares are currently priced at 14.17x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 17.78x earnings multiple.
The company pays shareholders $0.40 per share annually in dividends, yielding 1.60%.
In a review of the consensus earnings estimate this quarter, 39 sell-side analysts are looking at $0.60 per share, which would be $0.06 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $1.80, which would be a $0.10 better than last year.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $6.65 Billion. If realized, that would be a 10.28% increase over the year-ago quarter.
In terms of ratings, Monness Crespi & Hardt upgraded EMC from Neutral to Buy (Jan 30, 2013). Previously, William Blair downgraded EMC from Outperform to Mkt Perform.
When considering if perhaps the stock is under or overvalued, the average price target is $29.62, which is 17.12% above where the stock opened this morning.
EMC Corporation (NYSE:EMC), together with its subsidiaries, develops, delivers and supports information infrastructure and virtual infrastructure technologies, solutions and services. The company was founded in 1979 and is headquartered in Hopkinton, Massachusetts.
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