Tyco International Sets New 12-Month High at $42.17 (TYC)
Tyco International (NYSE:TYC) hit a new 52-week high on Friday , Stock Ratings News reports. The company traded as high as $42.17 and last traded at $42.16, with a volume of 1,789,321 shares traded. The stock had previously closed at $41.74.
TYC has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Tyco International in a research note on Wednesday, February 5th. They now have a $42.00 price target on the stock. Separately, analysts at Imperial Capital raised their price target on shares of Tyco International from $37.00 to $45.00 in a research note on Monday, February 3rd. They now have an “outperform” rating on the stock. Finally, analysts at Imperium Capital raised their price target on shares of Tyco International from $37.00 to $45.00 in a research note on Monday, February 3rd. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Tyco International presently has a consensus rating of “Buy” and a consensus target price of $42.22.
The stock’s 50-day moving average is $40.74 and its 200-day moving average is $37.0. The company has a market cap of $19.301 billion and a price-to-earnings ratio of 30.69.
Tyco International (NYSE:TYC) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.02. The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter in the previous year, the company posted $0.40 earnings per share. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. Analysts expect that Tyco International will post $2.15 EPS for the current fiscal year.
Tyco International Ltd is a Switzerland-based holding company of Tyco Group. The Tyco Group (NYSE:TYC) is a diversifies, global provider of diversified products ranging from electronic security and alarm monitoring to fire-fighting equipment and breathing apparatus, water purification and flow control solutions.
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