Tomorrow the the American company Joy Global will publish her past quarter's results. For this year most of the analyst expect a total sales of 2,43 billion dollars. This is hugely lower than the 2015's revenue of 3,17 billion dollars.
The analysts estimate for 2016 a net profit of 16 million dollars. For the current year the consensus of the result per share is a profit of 16 cents. Based on this the price/earnings-ratio equals an extreme 171,25.
Analysts don't expect any dividend payments. On average the industrial company yields a rather high dividend return of around a rather high percent.
Joy Global is being covered by 9 analysts (only based on fundamental analysis). The average target price for the stock is at 20,11 dollars. This is around 27 percent less than the current stock price of 27,4 dollars. The 3 most recent recommendations for the American company were provided by Citigroup (hold, 19,00 dollars), Jefferies & Co. (hold, 10,00 dollars) and BMO Capital Markets (buy, 16,00 dollars).
Based on the number of outstanding shares Joy Global 's market capitalization is around 2,67 billion dollars.The stock closed last Tuesday at 27,4 dollars.
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