Is There Any Upside to Stryker Corporation (NYSE:SYK), Micron Technology, Inc. (NASDAQ:MU)?

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In the most recent session, Stryker Corporation (NYSE:SYK) shares have traded +1.15%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $-3.87 away from the 50-day moving average of $114.52 and $-4.29 away from the 200-day moving average of $114.94. From a different angle, the stock has been recently recorded -10.44% off of the 52-week high of 123.55 and +27.65% removed from the 52-week low of 86.68. 

Currently, Stryker Corporation Common Stoc has a price to earnings ratio of 25.18. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 1.84.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $127.14 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.

In the most recent session, Micron Technology, Inc. (NASDAQ:MU) shares have traded +5.15%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $1.85 away from the 50-day moving average of $17.33 and $4.55 away from the 200-day moving average of $14.63. From a different angle, the stock has been recently recorded +4.63% off of the 52-week high of 18.33 and +106.02% removed from the 52-week low of 9.31. 

Currently, Micron Technology, Inc. has a price to earnings ratio of N/A. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 15.59.

Price Target Update

Analysts polled by Thomson Reuters have set a consensus target price of $20.07 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.

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