Economy

Symantec Corporation (NASDAQ:SYMC) has industry P/E ratio of 12.7

Symantec Corporation (NASDAQ:SYMC) has industry P/E ratio of 12.7”

This dividend represents a yield of $0.90 which is the dividend as a percentage of the current share price. The stock rose 2.53% or $0.69 reaching $27.99. Johnson Financial Group Inc. now owns 5,271 shares of the technology company's stock valued at $162,000 after purchasing an additional 390 shares in the last quarter. (NASDAQ:BBBY) has declined 16.34% since September 19, 2016 and is downtrending. It has outperformed by 99.75% the S&P500. EPS long term mean growth rate estimated by 30 analysts is at 2.04%, whereas, the high and low Long term growth rate estimated at 2.15 and 1.87. The market capitalization of the company is at $20.81 Billion. 9,577,891 shares of the company's stock were exchanged. Shares for $111,890 were sold by Cappellanti-Wolf Amy L. on Monday, June 5. Anita M. Sands, Director reported the sale of 2,000 shares of (SYMC). On Monday, May 15 the insider Noviello Nicholas R sold $900,154. The stock has moved 1.27% over the last 5 sessions.Since the start of the calendar year, Symantec Corporation (NASDAQ:SYMC)'s stock has changed 42.99%. Stoneridge Inv Partners Limited Liability Com reported 0.88% in Symantec Corporation (NASDAQ:SYMC).

The EPS for Symantec Corporation is valued at -0.67 with an EPS growth this year at 68.80%. SYMC's profit will be $159.80M for 31.96 P/E if the $0.26 EPS becomes a reality.

Here is a rundown on some insider market activity for Symantec Corporation (NASDAQ:SYMC).

More important recent Symantec Corporation (NASDAQ:SYMC) news were published by: Seekingalpha.com which released: "The Equifax Impact On Symantec" on September 13, 2017, also Seekingalpha.com published article titled: "Symantec: $27 Before $37", Seekingalpha.com published: "Symantec: A Blow To The Bearish Thesis" on September 15, 2017. Tower Rech Cap Llc (Trc) invested in 0.01% or 4,990 shares.

Investors sentiment decreased to 0.82 in 2016 Q4. Its up 0.14, from 0.81 in 2016Q3. It dived, as 59 investors sold BBBY shares while 178 reduced holdings. 50 funds opened positions while 142 raised stakes. So unless Nucor Corp. sees its shares fall 40% and the contract is exercised (resulting in a cost basis of $31.05 per share before broker commissions, subtracting the $1.45 from $32.50), the only upside to the put seller is from collecting that premium for the 1.9% annualized rate of return. Beacon Tru invested in 125,627 shares. Finally, Wetherby Asset Management Inc. grew its position in Symantec Corporation by 2.8% in the second quarter. The stock was sold at an average price of $29.85, for a total value of $64,565.55. Vantage Invest Advsrs Ltd Llc holds 224 shares or 0% of its portfolio. Dnb Asset Mgmt As holds 57,533 shares or 0% of its portfolio. Hbk Limited Partnership stated it has 0.06% in Symantec Corporation (NASDAQ:SYMC). Mason Street Advisors LLC lifted its stake in shares of Symantec Corporation by 0.3% in the first quarter. Airain Limited, a Guernsey-based fund reported 218,080 shares. Employees Retirement Association Of Colorado stated it has 125,520 shares or 0.02% of all its holdings. Raymond James Serv Inc reported 9,108 shares stake. Ww Asset has invested 0.06% of its portfolio in Symantec Corporation (NASDAQ:SYMC). (NASDAQ:BBBY). Tower Research Cap Ltd (Trc) reported 4,831 shares stake. The stock has "Hold" rating by Evercore on Thursday, August 3. Therefore 44% are positive. Barclays PLC restated an "overweight" rating and issued a $36.00 target price (down from $38.00) on shares of Symantec Corporation in a report on Thursday, August 3rd. If the $35.25 PT is reached, the company will be worth $1.03B more. On Friday, June 23 the stock rating was maintained by Jefferies with "Buy". As per Tuesday, August 11, the company rating was maintained by Wunderlich. The company was downgraded on Thursday, May 18 by UBS.

Symantec Corporation (SYMC) is an interesting player in the Technology space, with a focus on Security Software & Services. Symantec Corporation also recently announced a dividend that was paid on Wednesday September 13th, 2017.

The Altman Z-score is the output of a credit-strength test that gauges a publicly traded manufacturing company's likelihood of bankruptcy. The stock now has Weekly Volatility of 2.48% and Monthly Volatility of 2.21%. SAGE Therapeutics had 32 analyst reports since September 3, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with "Sector Perform" on Wednesday, August 12. The rating was downgraded by Citigroup on Tuesday, August 11 to "Buy".

06/09/2017 - Symantec Corporation had its "buy" rating reiterated by analysts at Goldman Sachs. As per Thursday, September 3, the company rating was maintained by Leerink Swann. JP Morgan also initiated the stock on 16/10/2015. The rating was upgraded by Chardan Capital Markets to "Neutral" on Tuesday, February 14.

Exane Derivatives added to its holdings by buying 139 shares an increase of 12.6% as of 06/30/2017. Susquehanna Bancshares Inc started coverage on Symantec Corporation in a report on Wednesday, June 7th.



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