Tyco International Ltd (NYSE:TYC) announced a quarterly dividend on Friday, March 15th. Shareholders of record on Friday, April 26th will be paid a dividend of $0.16 per share on Wednesday, May 22nd. This represents a $0.64 annualized dividend and a dividend yield of 2.01%.
Several analysts have also recently commented on the stock. 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. On the ratings front, 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.
Five research analysts have rated the stock with a buy rating, one has given an overweight rating, and ten have assigned a hold rating to the stock. Tyco International Ltd has an average rating of “overweight” and an average price target of $32.15.
Shares of Tyco International Ltd (NYSE: TYC) traded down 0.47% during mid-day trading on Friday, hitting $31.73. Tyco International Ltd has a one year low of $26.17 and a one year high of $58.12. The stock’s 50-day moving average is currently $31.36. The company has a market cap of $14.787 billion and a P/E ratio of 47.23.
Tyco International Ltd (NYSE: TYC) last released its earnings data on Tuesday, January 29th. The company reported $0.40 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $0.84 earnings per share. The company’s quarterly revenue 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 $1.82 earnings per share for the current fiscal year.
Tyco International Ltd is a Switzerland-based holding company of Tyco Group. The Tyco Group (the Group) 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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