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NASDAQ:QMCO

Quantum (QMCO) Stock Price, News & Analysis

$0.55
0.00 (0.00%)
(As of 05/20/2024 ET)
Today's Range
$0.53
$0.58
50-Day Range
$0.39
$0.72
52-Week Range
$0.24
$1.32
Volume
68,487 shs
Average Volume
164,640 shs
Market Capitalization
$52.55 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.43

Quantum MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
159.2% Upside
$1.43 Price Target
Short Interest
Healthy
0.20% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.18) to ($0.16) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.90 out of 5 stars

Computer And Technology Sector

425th out of 588 stocks

Computer Storage Devices Industry

4th out of 4 stocks

QMCO stock logo

About Quantum Stock (NASDAQ:QMCO)

Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Myriad All-Flash File and Object Storage Software for high performance enterprise unstructured data applications such as AI, machine learning, and data analytics; Unified Surveillance Platform Software that unified compute and storage for video surveillance recording, storage, and analytics; StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production, and streaming applications, as well as digital file archives; and CatDV Asset Management Software for indexing, cataloging, enriching video, audio, and image files, and workflow orchestration. It also provides ActiveScale Object Storage Software that scalable and durable storage for long term data preservation and protection; DXi Backup Appliances to build backup appliances for high-speed backup and recovery and multisite data protection; and Scalar Tape Storage that secure storage for long term data archiving and offline data protection which are used by hyperscalers and enterprises. In addition, the company sells linear tape-open (LTO) a tape drives for small business data protection and archiving; and LTO media for use in tape storage systems. Further, it offers global support, managed services, customer support agreements, software subscriptions, installation, education, and consulting and training services, as well as Quantum-as-a-Service. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. It has a partnership with Tiger Surveillance to deliver end-to-end solutions for long-term retention and archiving of video surveillance data. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.

QMCO Stock Price History

QMCO Stock News Headlines

Quantum Provides Updated Plan to Nasdaq
Quantum Corporation (QMCO)
Quantum Provides Additional Business Updates
Quantum Provides Business Update
QMCO Aug 2024 5.000 call
Miner First Quantum swings to fourth-quarter loss
See More Headlines
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Company Calendar

Last Earnings
6/06/2023
Today
5/20/2024
Next Earnings (Estimated)
6/04/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Computer storage devices
Sub-Industry
N/A
Current Symbol
NASDAQ:QMCO
Employees
850
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.43
High Stock Price Target
$2.00
Low Stock Price Target
$0.80
Potential Upside/Downside
+159.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$412.75 million
Book Value
($0.83) per share

Miscellaneous

Free Float
91,620,000
Market Cap
$52.55 million
Optionable
Optionable
Beta
2.56
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Key Executives

  • Mr. James J. LernerMr. James J. Lerner (Age 54)
    Chairman, President & CEO
    Comp: $682.31k
  • Mr. Kenneth P. Gianella (Age 51)
    Chief Financial Officer
    Comp: $362.96k
  • Mr. Brian E. Cabrera (Age 59)
    Senior VP, Chief Legal & Administrative Officer and Secretary
    Comp: $399.35k
  • Mr. Eric Isom
    Vice President of Supply Chain & Operations
  • Ms. Laura A. Nash
    Chief Accounting Officer
  • Mr. Willem Dirven
    Chief Information Officer
  • Ms. Natasha Beckley
    Chief Marketing Officer
  • Mr. Jeff Mulder
    Senior Vice President of Product & Engineering
  • Mr. Ross Fujii
    Chief Customer Officer
  • Mr. Henk Jan Spanjaard
    Chief Revenue Officer

QMCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Quantum stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quantum in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" QMCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in QMCO, but not buy additional shares or sell existing shares.
View QMCO analyst ratings
or view top-rated stocks.

What is Quantum's stock price target for 2024?

3 brokers have issued 1 year price objectives for Quantum's stock. Their QMCO share price targets range from $0.80 to $2.00. On average, they expect the company's share price to reach $1.43 in the next year. This suggests a possible upside of 159.2% from the stock's current price.
View analysts price targets for QMCO
or view top-rated stocks among Wall Street analysts.

How have QMCO shares performed in 2024?

Quantum's stock was trading at $0.3490 at the beginning of the year. Since then, QMCO shares have increased by 58.4% and is now trading at $0.5529.
View the best growth stocks for 2024 here
.

When is Quantum's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our QMCO earnings forecast
.

How were Quantum's earnings last quarter?

Quantum Co. (NASDAQ:QMCO) released its quarterly earnings data on Tuesday, June, 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.04). The firm earned $105.34 million during the quarter, compared to analysts' expectations of $102.03 million. During the same period last year, the business earned ($0.09) earnings per share.

Who are Quantum's major shareholders?

Quantum's stock is owned by many different retail and institutional investors. Top institutional shareholders include Pacific Ridge Capital Partners LLC (1.39%), B. Riley Financial Inc. (0.73%), Kovack Advisors Inc. (0.28%), Price T Rowe Associates Inc. MD (0.11%), Acadian Asset Management LLC (0.06%) and Tidal Investments LLC (0.05%). Insiders that own company stock include Alesia Lee Pinney, Brian E Cabrera, Elizabeth King, J Michael Dodson, James J Lerner, James J Lerner, Jayshree Ullal, John Fichthorn, John Hurley, Laura A Nash, Lewis W Moorehead and Lewis W Moorehead.
View institutional ownership trends
.

How do I buy shares of Quantum?

Shares of QMCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:QMCO) was last updated on 5/21/2024 by MarketBeat.com Staff

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