Good news for the U.S. economy is back to being bad for Wall Street as the S&P 500, Dow Jones industrial average and Nasdaq all post losses.

The stock is up 25% over the last 12 months, but it still trades around the same price-to-sales multiple of 13. For the stock to climb by 35% to Wall Street's consensus 12-month price target, the company will need to either beat the consensus revenue estimates in 2025, or its P/S multiple will have to increase.

Asian markets were mostly lower on Wednesday after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity. U.S. futures and oil prices were higher.