Tyco International Ltd Coverage Initiated by Analysts at Imperial Capital. (TYC)

Share on StockTwits

Research analysts at Imperial Capital assumed coverage on shares of Tyco International Ltd (NYSE: TYC) in a report released on Wednesday, TheFlyOnTheWall.com reports. The firm set an “in-line” rating and a $32.00 price target on the stock.

Tyco International Ltd (NYSE: TYC) traded up 0.76% on Wednesday, hitting $31.115. Tyco International Ltd has a 52-week low of $30.81 and a 52-week high of $31.87. The stock’s 50-day moving average is currently $31.3. The company has a market cap of $14.500 billion and a price-to-earnings ratio of 45.75.

Tyco International Ltd (NYSE: TYC) last issued its quarterly earnings data on Tuesday, January 29th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.01. The company had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $2.57 billion. During the same quarter in the previous year, the company posted $0.84 earnings per share. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. Tyco International Ltd has set its FY13 guidance at $1.75-1.85 EPS and its Q2 guidance at $0.37-0.39 EPS. On average, analysts predict that Tyco International Ltd will post $1.83 earnings per share for the current fiscal year.

TYC has been the subject of a number of other recent research reports. Analysts at Zacks reiterated an “outperform” rating on shares of Tyco International Ltd in a research note to investors on Tuesday, February 5th. They now have a $36.00 price target on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Tyco International Ltd from $32.00 to $34.00 in a research note to investors on Wednesday, January 30th. They now have an “overweight” rating on the stock. Finally, analysts at TheStreet reiterated a “hold” rating on shares of Tyco International Ltd in a research note to investors on Wednesday, January 23rd.

Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $42.85.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, May 22nd. Investors of record on Friday, April 26th will be paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 2.07%.

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.

Latest News

Tripadvisor Short Interest Down 8.0% in September
Tripadvisor Short Interest Down 8.0% in September
LinnCo LLC Plans Dividend of $0.24
LinnCo LLC Plans Dividend of $0.24
Short Interest in Celgene Decreases By 11.3%
Short Interest in Celgene Decreases By 11.3%
Short Interest in Bed Bath & Beyond Declines By 9.4%
Short Interest in Bed Bath & Beyond Declines By 9.4%
Activision Blizzard Sees Large Drop in Short Interest
Activision Blizzard Sees Large Drop in Short Interest
Tetraphase Pharmaceuticals Director John Gordon Freund Unloads 95,648 Shares
Tetraphase Pharmaceuticals Director John Gordon Freund Unloads 95,648 Shares


Leave a Reply

 
© 2006-2014 Mideast Time.