Shares of EMC Corporation (EMC) were upgraded to a ‘Outperform’ rating from ‘Neutral’ by Macquarie on Tuesday. EMC shares were upgraded based on valuation. Price target $30. On valuation-measures, shares of EMC have a trailing-12 and forward P/E of 20.11 and 12.07, respectively. P/E to growth ratio is 1.37, while t-12 profit margin is 11.11%. EPS registers at 1.32. The company has a market cap of $52.68B and a median Wall Street price target of $31.00 with a high target of $34.00.
On trading-measure, EMC has a beta of 1.40 and a short float of 1.15%. In the past 52 weeks, shares of the Hopkinton, Massachusetts-based company have traded between a low of $23.47 and a high of $30.92 with its 50-day MA and 200-day MA located at $28.75 and $29.04 levels, respectively.
EMC currently prints a one year return of about 10.77% and a year-to-date loss of around 11.13%.
Analysts at Stifel upgraded this morning their rating on the shares of EOG Resources, Inc. (EOG) to ‘Buy’ from ‘Hold’. EOG shares recently gained 3.47 to $95.99. The stock is up more than 12.69% year-over-year and has gained roughly 0.69% year-to-date. In the past 52 weeks, shares of the Houston, Texas-company have traded between a low of $81.07 and a high of $118.89.
EOG Resources, which closed Monday at $92.52, has a total market cap of $52.65B.
Shares of LinkedIn Corporation (LNKD) gained $3.70 to $228.27 in mid-day trading today, after the stock was added to ‘Conviction Buy List’ at Goldman and had its price target raised to $280 from $250. (Goldman’s ‘Conviction Buy List’ is a listing of stocks the investment bank’s research team expects to outperform.)
In the past 52 weeks, LNKD shares have traded between a low of $136.02 and a high of $243.25 with the 50-day MA and 200-day MA located at $224.98 and $214.44 levels, respectively. Additionally, shares of LNKD trade at a P/E ratio of 3.19 and have a Relative Strength Index (RSI) and MACD indicator of 57.23 and +2.61, respectively.
LinkedIn currently prints a one year return of about 4.35% and a year-to-date loss of around 2.24%.
Pacific Drilling S.A. (PACD) gained 36c to $3.81 in mid-day trading today. Approximately 1.13M shares have already changed hands, compared to the stock’s average daily volume of 1.16M shares.
The name was upgraded to ‘Overweight’ from ‘Equal Weight’ at Morgan Stanley based on recent share underperformance. Price target was cut to $5.90 from $8.20. On valuation-measures, shares of PACD have a trailing-12 and forward P/E of 5.69 and 4.64, respectively. P/E to growth ratio is 0.19, while t-12 profit margin is 15.09%. EPS registers at 0.67. The company has a market cap of $828.26M and a median Wall Street price target of $7.00 with a high target of $12.00.
PACD currently prints a one year loss of about 65.67% and a year-to-date loss of around 25.65%.
Shares of Virgin America Inc. (VA) were upgraded to a ‘Buy’ rating from ‘Neutral’ by Buckingham Research on Tuesday. VA shares are currently priced at 13.75x this year’s forecasted earnings, which makes them expensive compared to the industry’s 5.47x earnings multiple. Ticker has a forward P/E of 7.82 and t-12 price-to-sales ratio of 1.02. EPS for the same period is 2.55.
In the past 52 weeks, shares of the Burlingame, California-based firm have traded between a low of $26.50 and a high of $45.43 and are now at $35.11. Shares are down 18.47% year-to-date.
Shares of Tesla Motors (TSLA) were gaining nearly 7 points to $217.44 following Morgan Stanely’s (MS) positive comments this morning on the name. In its research note the investment firm said that deteriorating oil prices and a strong greenback have pressured the electric car maker’s shares. According to Morgan, these two elements provide a buying opportunity ahead of positive newsflow and fundamentals that can drive shares to $250 by Spring. Shares are rated ‘Overweight’ with $280 price target. MS’ 12-month base case estimate implies 12 percent expected return. Separately, Tesla Motors remains Dougherty’s top stock pick for the third year in a row.
TSLA currently prints a one year return of 16.28%, and a year-to-date loss of more than 5%.