Analysts are projecting Canon Inc. (NYSE:CAJ) to grow at an accelerated rate over the next five years. Sell-side analysts are looking for the company to grow -0.95% over the next year and 1.00% over the next five years.
The primary goal for some beginner traders might be just trying to survive. Traders that are disciplined with their money management may be able to better ride out the bumps that come with inexperience. Amateur traders tend to put too much at risk which can increase frustration during an extended losing streak. The more capital that is lost, the more difficult it can be to recover. Markets can be cruel, and traders that jump in without proper preparation can get pounded. Taking the time to carefully prepare before putting hard earned money at risk can help when the inevitable sticky situations arise.
EPS measures what each share is worth and also indicates how much money their sharehoders would gain if the company was to pay out all of its profits. Canon Inc.’s trailing 12- months EPS is 1.94. Last year, their EPS growth was 61.60% and their EPS growth over the past five years was 3.10%.
Let’s start off by taking a look at how the stock has been performing recently. Over the past twelve months, Canon Inc. (NYSE:CAJ)’s stock was -23.48%. Last week, it was -1.04%, -10.79% over the last quarter, and -17.55% for the past half-year.
Over the past 50 days, Canon Inc. stock was -11.31% off of the high and 3.21% removed from the low. Their 52-Week High and Low are noted here. -29.63% (High), 3.21%, (Low).
Canon Inc. (NYSE:CAJ)’s performance this year to date is -23.48%. The stock has performed -1.04% over the last seven days, -6.81% over the last thirty, and -10.79% over the last three months. Over the last six months, Canon Inc.’s stock has been -17.55% and -26.16% for the year.
FUTURE GROWTH ESTIMATES AND RECOMMENDATIONS
Wall Street analysts are have a consensus analyst recommendation of 4.00 on the stock. This is based on a 1-5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Brokerages covering the name have a $27.27 on the stock.
Successful traders often craft disciplined strategies when dealing with the stock market. These strategies can range from very simple to very complex. Following a specific strategy might help keep emotions on the sidelines when trouble comes. Conducting the proper analysis before things get out of hand can help ease the burden of market turmoil because the preparation has already started. The road to becoming a good trader may be long and winding. Keeping tabs on all the macro and micro economic happenings may seem like an impossible task. Focusing on the important elements can help keep the trader directed down the right path. There is obviously a lot to be learned by studying the markets, and there are rarely any shortcuts that can be taken to lasting success in the stock market.
The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. Where quoted, past performance is not indicative of future performance.