Featured Stock Update: Symantec Corporation (SYMC)

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Symantec Corporation (SYMC)

Barclays Reinstates Symantec Corporation (SYMC)’s stock to Equal-Weight with no specific Price Target. This rating was issued on 2/10/17. The stock recently closed its previous session at $30.28 by showing a percentage change of -0.33% from its previous day closing price of $30.38.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Symantec Corporation (SYMC) in which Citigroup Reinstates Symantec Corporation (SYMC) to Neutral with no specific Price Target on 1/30/17. Barclays Maintains the stock to Equal-Weight on 9/19/16 by stationing a price target of $26. UBS Maintains the company’s stock to Buy on 9/16/16 by setting a price target of $28. Guggenheim Initiates Coverage on Symantec Corporation (SYMC) to Buy with no specific Price Target.

Symantec Corporation (SYMC) currently has a consensus Price Target of $29.5. While some analysts have a High Price target for the stock of $37 and a Low Price Target of $18.

Several sell side analysts reviewed their recommendations on Symantec Corporation (SYMC) where 2 analyst have rated the stock as Strong Buy, 9 analysts said it’s a Buy, 14 rated the stock as Hold, 1 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 2.16. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Symantec Corporation (SYMC) reported its Actual EPS of $0.32/share. The analysts offering Earnings Estimates for the company were believing that Symantec Corporation (SYMC) could bring EPS of $0.28/share. The difference between Actual EPS and Estimated EPS was 0.04 Percent. Thus the company showed an Earnings Surprise of 14.3 Percent.

Symantec Corporation (SYMC) has a market capitalization of 18.74 Billion. The stock traded with the volume of 4.91 Million shares in the last trading session. The stock touched its high share price of $31.1 on Mar 13, 2017 and the stock also touched its Lowest price in the last 52-weeks of trading on May 13, 2016 as $16.25. The company has a 1 Year high price target of $29.5. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -0.56%. The Moving Average SMA50 is 3.69% while SMA200 is 21.47%.

Symantec Corporation (SYMC) is currently showing its ROA (Return on Assets) of 14.6%. The Return on Investment (ROI) is at -12.9% while it’s Return on Equity (ROE) value stands at 54.6%. The stock currently shows its YTD (Year to Date) performance of 27.08 percent while its Weekly performance value is -1.78%. The Monthly and Yearly performances are 3.38 percent and 65.88 percent respectively. The Relative Volume value measured for Symantec Corporation (SYMC) is 0.74. The Average Volume (3 months) is 6.61 Million.

The stock currently has its Annual Dividend of $0.3 and an annual Dividend Yield of 0.99 Percent. SYMC has P/E (Price to Earnings ttm) value of 0, Forward P/E of 17.26, P/C (Price to cash per share) of 0 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of 5.5 percent.

Company Profile:

Symantec, a world leader in Internet security technology, provides a broad range of content security solutions to individuals and companies. The company is a leading provider of anti-virus protection, Internet content and e-mail filtering, and mobile code detection technologies to enterprise customers.

 

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