Symantec Corporation subtracted -0.33% in its Stock Price in the Previous Trading Session

0
2

Symantec Corporation (SYMC) belongs to the Technology sector with an industry focus on Security Software & Services, with Mr. Scott C. Taylor as Exec. VP, Gen. Counsel and Sec..

The company has been one of the biggest innovators in Security Software & Services employing approximately 11000 full time employees.

Key Statistics:

  • The stock subtracted in the prior trading session by -0.33%, closing at the stock price of $30.28.
  • Currently, the market capitalization of Symantec Corporation (SYMC) is 18.74 Billion.
  • SYMC has a 1-year high price of $31.1 and 1-year low price of $16.25.
  • The number of shares currently held by investors is 618.83 Million.
  • The number of shares traded in the last trading session was 4.91 Million.

Financials:

The company reported an impressive total revenue of 3.6 Billion in the last fiscal year.

If you look at the company’s income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, SYMC earned gross profit of 5.53 Billion, in 2015 3.23 Billion gross profit, while in 2016 Symantec Corporation (SYMC) produced 2.99 Billion profit.

Currently the shares of Symantec Corporation (SYMC) has a trading volume of 4.91 Million shares, with an average trading volume of 6.49 Million shares – with shares dropping to a 52 week low of $16.25 on May 13, 2016, and the company’s shares hitting a 52 week high on Mar 13, 2017 of $31.1.

Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Down in the future.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Symantec Corporation the EPS stands at 0.32 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.28, suggesting the stock exceeded the analysts’ expectations.

Another critical number in evaluating a stock is P/E or the price to earnings ratio.

The TTM operating margin is 5.5%. The return on invested capital at -12.9%, which is good, compared to its peers.

The Free Cash Flow or FCF margin is 0%, which means that the business has healthy reserve funds for contingencies that may arise.

Stock is currently moving with a positive distance from the 200 day simple moving average of approximately 21.47%, and has a solid year to date (YTD) performance of 27.08% which means the stock is constantly adding to its value from the previous fiscal year end price.

The stock diminished about -8.47% in the past 5 years, this negative value indicates that the stock constantly going down in previous years as well.

Future Expectations:

The target price for Symantec Corporation (SYMC) is $29.5/share according to the consensus of analysts working on the stock, with an expected EPS of $0.28/share for the current quarter.

The company’s expected revenue in the current quarter to be 1.18 Billion, seeing a projected current quarter growth of 27.3%, and per annum growth estimates over the next 5 year period of around 22%.

Recommended for you

Leave a Reply