EMC Corporation (NYSE:EMC):
Last Trade: The Company rose 0.11% and finished at $26.19. The daily volume was measured at 9.06 million shares. The 52-week high of the share price is $28.52 and the 52-week low is $22.35. The company has a market cap of $51.30 billion. Its latest closing price has a distance of 0.48% from SMA20 and is 0.08% up than SMA50.
Price Target Summary:
A price target is a projected price level as stated by an investment analyst or advisor.
26 Number of brokers believe that the price target for the company may go as high as $46.17 whereas, the low target suggested by the brokers is $30.37. The Mean Price Target for the Stock by the brokers is at $36.56.
Earnings Estimate & Revenue Estimate of EMC Corporation (NYSE:EMC) for the Current Quarter Mar 16:
For the current Quarter, 13.00 analysts have given an Average earnings estimate of $-0.15 per share. According to the Analysts, the Low Estimate Earnings of the current Quarter is $-0.38 per share whereas, High Estimate is $0.06 per share. The Previous Year Earnings per Share (EPS) of this Quarter was $-0.15.
The EPS (Earnings per share) Trend for the current Quarter is estimated at $-0.15 per share while the Trend for 7 days ago was $-0.15. The EPS Trend for 30, 60 and 90 Days ago were $-0.15, $0.03 and $0.03 respectively.
The consensus EPS trend allows the investor to understand the recent direction of earnings estimates. The trend shows the investor how the estimates have been changing as new information is published by the company. Trends are usually shown for 90 days, 60 days, 30 days, and 7 days.
If the earnings estimates are declining over time, this is usually a signal that new information made an analyst revise their forecast downward. Generally, an investor wants to see values that remain steady or move in a positive direction.
While looking at Revenue estimate of the company, 12 analysts have given an average revenue estimate of 54.27 Billion for the current quarter.
EMC Corporation (EMC) on May 3, 2016 declared the recipients of the first-ever EMC Leaders of the Modern Data Center award. A senior panel of EMC Leaders of the Modern Data Center award judges reviewed all nominations against a wide range of criteria, counting the impact of IT and business transformation from the deployment of EMC’s planned technologies and services. The awards recognize forward-thinking customers who are leveraging key EMC technology pillars driving recently’s protected and trusted modern data center– flash, software-defined, scale-out and cloud-enabled– building Cloud and Big Data solutions to transform their businesses.
According to a recent survey1, 52% of the 4,000 business leaders surveyed across 15 countries say they have practiced noteworthy disruption in their industries over the last three years as a result of digital technologies. The imperative to become a digital, or “modern business”, is leading to more than 66% of businesses planning to invest heavily in their IT infrastructure and digital skills to create a business that agile, efficient and able to move quickly. Recently’s awards recipients are stand-out examples of companies having great success along this journey.
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, assisting IT departments to store, manage, protect and analyze their most valuable asset — information — in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.
Vanson Bourne survey of 4,000 business leaders across 15 countries from mid-size to large enterprises in 12 industries titled, “EMC Digital Business”. Respondents were selected according to job function (from business owners to decision-makers in marketing, customer service, R&D and finance). The full research will be released in Summer of 2016.
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