Symantec Company Profile (NASDAQ:SYMC)

About Symantec (SYMC)

Symantec logoSymantec Corporation is a United States-based cyber security company. The Company offers products under categories, such as threat protection, information protection, cyber security services and Website security. Under threat protection, it offers Advanced Threat Protection, Endpoint Protection, Endpoint Protection Cloud, IT Management Suite, Email Security.Cloud, Data Center Security and Cloud Workload Protection products. Under the information protection category, it offers Data Loss Prevention, Encryption, Managed PKI, Service, VIP Access Manager, and Data Loss Prevention and CloudSOC products. The Company also offers consulting services, customer success services, cyber security services and education services. Its cyber security services include DeepSight Intelligence software, which provides an analysis of attacks. The Company offers the Blue Coat Security Platform, which provides Web security solutions for global enterprises and governments.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Security Software & Services
  • Sub-Industry: Systems Software
  • Exchange: NASDAQ
  • Symbol: SYMC
  • CUSIP: 87150310
Key Metrics:
  • Previous Close: $31.25
  • 50 Day Moving Average: $30.55
  • 200 Day Moving Average: $27.03
  • 52-Week Range: $16.25 - $31.54
  • Trailing P/E Ratio: 9.48
  • Foreward P/E Ratio: 17.89
  • P/E Growth: 1.18
  • Market Cap: $19.48B
  • Outstanding Shares: 618,834,000
  • Beta: 1.17
Profitability:
  • Net Margins: 55.12%
  • Return on Equity: 12.69%
  • Return on Assets: 3.40%
Debt:
  • Debt-to-Equity Ratio: 1.61%
  • Current Ratio: 1.81%
  • Quick Ratio: 1.81%

Analyst Ratings

Consensus Ratings for Symantec (NASDAQ:SYMC) (?)
Ratings Breakdown: 1 Sell Rating, 12 Hold Ratings, 11 Buy Ratings
Consensus Rating:Hold (Score: 2.42)
Consensus Price Target: $28.37 (9.88% downside)

Analysts' Ratings History for Symantec (NASDAQ:SYMC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/21/2017OTR GlobalUpgradePositiveLowView Rating Details
4/10/2017Barclays PLCSet Price TargetHold$30.00 -> $32.00LowView Rating Details
4/7/2017Wells Fargo & CoReiterated RatingMarket Perform -> Market PerformMediumView Rating Details
3/22/2017Morgan StanleyBoost Price TargetOverweight$33.00 -> $37.00MediumView Rating Details
3/3/2017Oppenheimer Holdings Inc.Reiterated RatingOutperform$32.00N/AView Rating Details
2/27/2017WunderlichBoost Price TargetBuy$30.00 -> $32.00N/AView Rating Details
2/6/2017MKM PartnersReiterated RatingNeutral$26.00N/AView Rating Details
2/5/2017InstinetReiterated RatingNeutral$25.00 -> $27.00N/AView Rating Details
2/2/2017Piper Jaffray CompaniesBoost Price TargetOverweight$31.00 -> $35.00N/AView Rating Details
2/2/2017JMP SecuritiesBoost Price Target$32.00N/AView Rating Details
1/30/2017Citigroup IncInitiated CoverageBuy -> Neutral$29.00N/AView Rating Details
1/30/2017Royal Bank of CanadaReiterated RatingOutperform$28.00 -> $30.00N/AView Rating Details
1/18/2017Jefferies Group LLCBoost Price TargetHold$23.00 -> $27.00N/AView Rating Details
11/6/2016Bank of America CorpSet Price TargetSell$18.00N/AView Rating Details
11/4/2016NomuraReiterated RatingHold$25.00N/AView Rating Details
10/31/2016BTIG ResearchReiterated RatingBuy$28.00N/AView Rating Details
10/13/2016FBN SecuritiesInitiated CoverageOutperform$29.00N/AView Rating Details
9/14/2016GuggenheimInitiated CoverageBuy$30.00N/AView Rating Details
8/15/2016Goldman Sachs Group IncReiterated RatingBuy$26.00N/AView Rating Details
7/12/2016Standpoint ResearchDowngradeBuy -> HoldN/AView Rating Details
6/29/2016Evercore ISIUpgradeSell -> HoldN/AView Rating Details
6/15/2016Raymond James Financial, Inc.Reiterated RatingMarket PerformN/AView Rating Details
5/22/2016Pacific CrestReiterated RatingHoldN/AView Rating Details
4/28/2016Topeka Capital MarketsLower Price TargetHold$23.00 -> $20.00N/AView Rating Details
1/20/2016FBR & CoReiterated RatingMarket PerformN/AView Rating Details
12/4/2015ArgusDowngradeBuy -> Hold$23.25 -> $23.25N/AView Rating Details
9/29/2015Cowen and CompanyLower Price TargetMarket Perform$24.00 -> $22.00N/AView Rating Details
8/12/2015S&P Equity ResearchReiterated RatingBuy$27.00N/AView Rating Details
8/11/2015Credit Suisse Group AGDowngradeOutperform -> Neutral$30.00 -> $25.00N/AView Rating Details
7/20/2015MacquarieInitiated CoverageNeutral$24.00N/AView Rating Details
(Data available from 4/28/2015 forward)

Earnings

Earnings History for Symantec (NASDAQ:SYMC)
Earnings by Quarter for Symantec (NASDAQ:SYMC)
Earnings History by Quarter for Symantec (NASDAQ:SYMC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2017        
2/1/2017Q3 2017$0.28$0.32$1.08 billion$1.09 billionViewListenView Earnings Details
11/3/2016Q2$0.20$0.30$978.86 million$979.00 millionViewN/AView Earnings Details
8/4/2016Q1$0.25$0.29$876.96 million$884.00 millionViewN/AView Earnings Details
5/12/2016Q4$0.23$0.22$878.66 million$873.00 millionViewListenView Earnings Details
2/4/2016Q3$0.24$0.26$905.38 million$909.00 millionViewN/AView Earnings Details
11/5/2015Q216$0.42$0.44$1.50 million$1.50 millionViewN/AView Earnings Details
8/11/2015Q1$0.43$0.40$1.53 billion$1.50 billionViewListenView Earnings Details
5/14/2015Q415$0.44$0.43$1.56 billion$1.55 billionViewListenView Earnings Details
2/5/2015Q315$0.49$0.53$1.67 billion$1.64 billionViewN/AView Earnings Details
11/5/2014Q215$0.43$0.48$1.62 billion$1.62 billionViewN/AView Earnings Details
8/6/2014Q115$0.42$0.45$1.67 billion$1.74 billionViewN/AView Earnings Details
5/8/2014Q414$0.42$0.47$1.65 billion$1.65 billionViewN/AView Earnings Details
1/29/2014Q314$0.43$0.51$1.65 billion$1.70 billionViewN/AView Earnings Details
10/23/2013Q214$0.44$0.50$1.69 billion$1.64 billionViewN/AView Earnings Details
7/30/2013Q1 2014$0.36$0.44$1.64 billion$1.71 billionViewListenView Earnings Details
5/7/2013Q4 2013$0.38$0.44$1.73 billion$1.75 billionViewListenView Earnings Details
1/23/2013Q3 2013$0.38$0.45$1.74 billion$1.79 billionViewListenView Earnings Details
10/24/2012$0.38$0.45ViewN/AView Earnings Details
7/25/2012$0.38$0.43ViewN/AView Earnings Details
5/2/2012$0.38$0.38ViewN/AView Earnings Details
1/25/2012$0.41$0.42ViewN/AView Earnings Details
10/26/2011$0.39$0.39ViewN/AView Earnings Details
7/27/2011$0.37$0.40ViewN/AView Earnings Details
5/12/2011$0.36$0.38ViewN/AView Earnings Details
1/26/2011$0.33$0.35ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Symantec (NASDAQ:SYMC)
2017 EPS Consensus Estimate: $0.45
2018 EPS Consensus Estimate: $1.31
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$0.26$0.26$0.26
Q4 20171$0.19$0.19$0.19
Q1 20181$0.26$0.26$0.26
Q2 20181$0.31$0.31$0.31
Q3 20181$0.37$0.37$0.37
Q4 20181$0.37$0.37$0.37
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Symantec (NASDAQ:SYMC)
Most Recent Dividend:3/15/2017
Annual Dividend:$0.30
Dividend Yield:0.95%
Payout Ratio:9.35% (Trailing 12 Months of Earnings)
25.21% (Based on This Year's Estimates)
17.05% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Symantec (NASDAQ:SYMC)

Dividend History by Quarter for Symantec (NASDAQ:SYMC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/1/2017quarterly$0.081.06%2/16/20172/20/20173/15/2017
11/4/2016Quarterly$0.081.23%11/17/201611/21/201612/14/2016
8/4/2016quarterly$0.081.38%8/18/20168/22/20169/14/2016
5/12/2016quarterly$0.081.76%6/6/20166/8/20166/22/2016
2/8/2016quarterly$0.153.12%2/18/20162/22/20163/16/2016
2/4/2016special$4.003.12%3/4/20163/8/20163/22/2016
11/6/2015quarterly$0.152.92%11/19/201511/23/201512/16/2015
8/12/2015quarterly$0.152.77%8/24/20158/26/20159/16/2015
8/11/2015quarterly$0.208/26/20159/10/2015
5/14/2015quarterly$0.152.38%6/8/20156/10/20156/24/2015
2/5/2015quarterly$0.152.38%2/24/20152/26/20153/18/2015
11/5/2014quarterly$0.152.39%11/20/201411/24/201412/17/2014
8/6/2014quarterly$0.152.51%8/25/20148/27/20149/17/2014
5/9/2014quarterly$0.152.89%6/6/20146/10/20146/25/2014
1/29/2014quarterly$0.152.68%2/20/20142/24/20143/19/2014
10/24/2013quarterly$0.152.79%11/21/201311/25/201312/18/2013
7/30/2013quarterly$0.152.25%8/22/20138/26/20139/18/2013
5/10/2013quarterly$0.156/17/20136/19/20136/27/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Symantec (NASDAQ:SYMC)
Insider Ownership Percentage: 0.76%
Institutional Ownership Percentage: 93.90%
Insider Trades by Quarter for Symantec (NASDAQ:SYMC)
Institutional Ownership by Quarter for Symantec (NASDAQ:SYMC)
Insider Trades by Quarter for Symantec (NASDAQ:SYMC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/17/2017Anita M SandsDirectorSell2,000$30.22$60,440.00View SEC Filing  
4/17/2017Scott C TaylorEVPSell13,000$30.15$391,950.00View SEC Filing  
4/3/2017Suzanne M VautrinotDirectorSell2,500$30.69$76,725.00View SEC Filing  
3/8/2017Mark S GarfieldCAOSell3,002$29.25$87,808.50View SEC Filing  
3/1/2017Francis C. RoschEVPSell14,585$28.80$420,048.00View SEC Filing  
2/28/2017Michael David FeyInsiderSell13,215$28.62$378,213.30View SEC Filing  
2/17/2017Scott C. TaylorEVPSell8,000$28.51$228,080.00View SEC Filing  
2/15/2017Michael David FeyInsiderSell13,215$28.55$377,288.25View SEC Filing  
1/17/2017Michael David FeyCOOSell13,215$25.87$341,872.05View SEC Filing  
1/17/2017Scott C TaylorEVPSell8,000$26.07$208,560.00View SEC Filing  
1/13/2017Scott C TaylorEVPSell24,000$26.00$624,000.00View SEC Filing  
1/6/2017Suzanne M VautrinotDirectorSell2,500$25.00$62,500.00View SEC Filing  
12/15/2016Michael David FeyInsiderSell13,214$24.81$327,839.34View SEC Filing  
12/9/2016Francis C RoschEVPSell40,000$24.73$989,200.00View SEC Filing  
11/1/2016Michael David FeyInsiderSell13,214$25.13$332,067.82View SEC Filing  
10/25/2016Scott C TaylorEVPSell40,000$25.00$1,000,000.00View SEC Filing  
10/14/2016Michael David FeyInsiderSell13,214$24.40$322,421.60View SEC Filing  
9/15/2016Amy L Cappellanti-WolfSVPSell15,474$24.88$384,993.12View SEC Filing  
9/7/2016Francis C RoschEVPSell3,336$24.88$82,999.68View SEC Filing  
7/5/2016Suzanne M VautrinotDirectorSell3,750$20.39$76,462.50View SEC Filing  
6/27/2016Suzanne M VautrinotDirectorSell3,750$20.22$75,825.00View SEC Filing  
6/20/2016Suzanne M VautrinotDirectorSell3,750$20.60$77,250.00View SEC Filing  
6/15/2016Suzanne M VautrinotDirectorSell3,750$19.00$71,250.00View SEC Filing  
6/14/2016Mark S GarfieldCAOSell11,852$18.76$222,343.52View SEC Filing  
3/2/2016Mark S GarfieldCAOSell6,094$20.33$123,891.02View SEC Filing  
2/17/2016Anita M SandsDirectorSell1,000$20.00$20,000.00View SEC Filing  
1/15/2016Anita M. SandsDirectorSell1,000$20.02$20,020.00View SEC Filing  
12/21/2015Anita M. SandsDirectorSell1,000$20.30$20,300.00View SEC Filing  
12/3/2015Brett ShirkEVPSell6,628$19.65$130,240.20View SEC Filing  
9/17/2015Robert Steve MillerDirectorSell76,217$19.88$1,515,193.96View SEC Filing  
9/10/2015Matthew M CainEVPSell11,472$20.00$229,440.00View SEC Filing  
8/21/2015Michael A/Ca BrownCEOBuy23,200$21.37$495,784.00View SEC Filing  
8/19/2015Brett ShirkEVPSell13,300$21.87$290,871.00View SEC Filing  
8/17/2015Mark S GarfieldCAOSell3,647$21.67$79,030.49View SEC Filing  
6/15/2015Daniel H SchulmanDirectorSell4,000$23.52$94,080.00View SEC Filing  
5/19/2015V Paul UnruhDirectorSell7,967$25.13$200,210.71View SEC Filing  
5/15/2015Daniel H SchulmanDirectorSell2,000$25.61$51,220.00View SEC Filing  
1/15/2015Daniel H SchulmanDirectorSell2,000$25.22$50,440.00View SEC Filing  
12/19/2014Daniel H SchulmanDirectorSell2,000$25.74$51,480.00View SEC Filing  
12/15/2014Michael A/Ca BrownCEOSell12,000$25.29$303,480.00View SEC Filing  
11/10/2014Geraldine B LaybourneDirectorBuy2,000$25.10$50,200.00View SEC Filing  
5/13/2014Michael A/Ca BrownDirectorBuy18,500$21.13$390,905.00View SEC Filing  
10/28/2013Stephen M BennettCEOBuy100,000$22.06$2,206,000.00View SEC Filing  
9/10/2013Matto Andrew H DelCAOSell15,447$25.48$393,589.56View SEC Filing  
8/12/2013Scott TaylorEVPSell51,000$26.80$1,366,800.00View SEC Filing  
7/5/2013V Paul UnruhDirectorSell56,968$23.00$1,310,264.00View SEC Filing  
6/14/2013Matto Andrew H DelCAOSell10,330$22.52$232,631.60View SEC Filing  
5/31/2013Matto Andrew H DelCAOSell24,446$22.60$552,479.60View SEC Filing  
5/10/2013V Paul UnruhDirectorSell15,000$24.42$366,300.00View SEC Filing  
2/14/2013Matto Andrew H DelCAOSell6,590$22.70$149,593.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Symantec (NASDAQ:SYMC)
Latest Headlines for Symantec (NASDAQ:SYMC)
Source:
DateHeadline
americanbankingnews.com logoSymantec (SYMC) Earns Media Sentiment Rating of 0.05
www.americanbankingnews.com - April 27 at 7:55 PM
americanbankingnews.com logoSymantec Co. (SYMC) Short Interest Update
www.americanbankingnews.com - April 27 at 7:14 AM
finance.yahoo.com logoSymantec promises audit-fest to placate Google trust reduction plans
finance.yahoo.com - April 27 at 7:13 AM
finance.yahoo.com logoSymantec: Cyber Criminals Demanding Higher Ransoms For Virus Removal
finance.yahoo.com - April 26 at 4:32 PM
finance.yahoo.com logoCyber extortion demands surge as victims keep paying: Symantec
finance.yahoo.com - April 26 at 4:32 PM
americanbankingnews.com logoSymantec Co. (SYMC) Expected to Announce Quarterly Sales of $1.18 Billion
www.americanbankingnews.com - April 26 at 1:56 PM
finance.yahoo.com logoAlarming Increase in Targeted Attacks Aimed at Politically Motivated Sabotage and Subversion
finance.yahoo.com - April 26 at 8:55 AM
finance.yahoo.com logoIs 'admin' password leaving your IoT device vulnerable to cyberattacks?
finance.yahoo.com - April 26 at 8:55 AM
nasdaq.com logoInteresting SYMC Put And Call Options For June 16th
www.nasdaq.com - April 25 at 7:06 PM
finance.yahoo.com logoDigicert Holdings, Inc. -- Moody's affirms Digicert's B3 CFR
finance.yahoo.com - April 25 at 7:06 PM
americanbankingnews.com logoSymantec Co. (SYMC) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - April 25 at 2:51 PM
americanbankingnews.com logoSymantec (SYMC) Receives Daily Media Sentiment Score of 0.07
www.americanbankingnews.com - April 24 at 6:56 PM
americanbankingnews.com logoSymantec Co. (SYMC) Expected to Announce Earnings of $0.20 Per Share
www.americanbankingnews.com - April 24 at 9:25 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Very Likely to Affect Symantec (SYMC) Share Price
www.americanbankingnews.com - April 21 at 10:08 PM
americanbankingnews.com logoSymantec Co. (SYMC) Raised to "Positive" at OTR Global
www.americanbankingnews.com - April 21 at 1:03 PM
americanbankingnews.com logoSymantec Co. (SYMC) EVP Sells $391,950.00 in Stock
www.americanbankingnews.com - April 18 at 7:55 PM
americanbankingnews.com logoSymantec Co. (SYMC) Director Anita M. Sands Sells 2,000 Shares
www.americanbankingnews.com - April 18 at 7:55 PM
streetinsider.com logoSymantec (SYMC) Files Second Patent Infringement Suit Against Zscaler
www.streetinsider.com - April 18 at 7:18 PM
finance.yahoo.com logoSymantec to Webcast Quarterly Earnings Call
finance.yahoo.com - April 18 at 7:18 PM
americanbankingnews.com logoSymantec (SYMC) Given Media Sentiment Score of 0.04
www.americanbankingnews.com - April 18 at 3:26 PM
americanbankingnews.com logoSymantec Co. (SYMC) Upgraded at Zacks Investment Research
www.americanbankingnews.com - April 18 at 1:30 PM
americanbankingnews.com logoSymantec (SYMC) Earns Daily News Impact Rating of 0.09
www.americanbankingnews.com - April 15 at 2:33 PM
americanbankingnews.com logoSymantec Co. (SYMC) Sees Significant Decline in Short Interest
www.americanbankingnews.com - April 14 at 10:20 AM
americanbankingnews.com logoSymantec Co. (SYMC) PT Set at $32.00 by Barclays PLC
www.americanbankingnews.com - April 14 at 7:36 AM
americanbankingnews.com logoSymantec Co. (SYMC) Given a $32.00 Price Target by Barclays PLC Analysts
www.americanbankingnews.com - April 11 at 4:02 PM
finance.yahoo.com logoIf you only work on your malware on weekdays, you might be a CIA hacker
finance.yahoo.com - April 11 at 9:22 AM
finance.yahoo.com logoCIA tools exposed by Wikileaks linked to hacking across 16 countries
finance.yahoo.com - April 10 at 7:37 PM
finance.yahoo.com logo[$$] CIA hacking tools used to target 40 groups globally, research finds
finance.yahoo.com - April 10 at 7:37 PM
marketbeat.com logoSymantec says CIA tools found across 16 countries
marketbeat.com - April 10 at 12:23 PM
americanbankingnews.com logoWells Fargo & Co Initiates Coverage on Symantec Co. (SYMC)
www.americanbankingnews.com - April 7 at 4:50 PM
seekingalpha.com logoSymantec: Close Large Bullish Positions Now
seekingalpha.com - April 7 at 12:54 PM
americanbankingnews.com logoSymantec Co. (SYMC) Director Sells $76,725.00 in Stock
www.americanbankingnews.com - April 4 at 8:58 PM
americanbankingnews.com logoSymantec Co. (SYMC) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - March 31 at 12:43 PM
thestreet.com logoWhat Symantec's 'AB' Pattern Reveals
us.rd.yahoo.com - March 31 at 2:13 AM
americanbankingnews.com logoSymantec Co. (SYMC) PT Raised to $37.00 at Morgan Stanley
www.americanbankingnews.com - March 28 at 8:41 AM
seekingalpha.com logoSymantec Loses Google's Trust
seekingalpha.com - March 27 at 8:53 AM
americanbankingnews.com logoShort Interest in Symantec Co. (SYMC) Expands By 59.0%
www.americanbankingnews.com - March 26 at 7:05 AM
barrons.com logo[$$] Lots Afoot at Nike
www.barrons.com - March 25 at 6:12 AM
investopedia.com logoSymantec: Morgan Stanley Ups Price Target
www.investopedia.com - March 24 at 1:47 AM
americanbankingnews.com logoSymantec Co. (SYMC) Price Target Increased to $37.00 by Analysts at Morgan Stanley
www.americanbankingnews.com - March 22 at 10:17 AM
sg.finance.yahoo.com logoHackers' delight: Businesses put selves at risk for invasion
us.rd.yahoo.com - March 15 at 9:03 PM
us.rd.yahoo.com logoNorth Korean hacking group behind recent attacks on banks -Symantec
us.rd.yahoo.com - March 15 at 9:03 PM
biz.yahoo.com logoSYMANTEC CORP Files SEC form 8-K, Other Events
biz.yahoo.com - March 13 at 8:58 AM
finance.yahoo.com logo7:04 am Symantec enters into accelerated stock repurchase agreements with financial institutions to repurchase an aggregate of $500 mln of common stock
finance.yahoo.com - March 13 at 8:58 AM
barrons.com logo[$$] A Verbal Mapping Error
www.barrons.com - March 4 at 1:06 AM
bizjournals.com logoSymantec launches fund to invest in cybersecurity startups
www.bizjournals.com - March 3 at 8:05 PM
us.rd.yahoo.com logoCORRECTING and REPLACING Symantec Announces the Formation of Symantec Ventures
us.rd.yahoo.com - March 2 at 8:13 PM
wsj.com logo[$$] Symantec Launches Venture Arm
www.wsj.com - March 2 at 8:13 PM
cnbc.com logoAmerica has a 'cybersecurity crisis': Symantec CEO
www.cnbc.com - March 2 at 12:09 PM
finance.yahoo.com logoSymantec CEO: There's a cybersecurity crisis in the US
finance.yahoo.com - March 2 at 10:03 AM

Social

Frequently Asked Questions for Symantec (NASDAQ:SYMC)

What is Symantec's stock symbol?

Symantec trades on the NASDAQ under the ticker symbol "SYMC."

How often does Symantec pay dividends? What is the dividend yield for Symantec?

Symantec declared a quarterly dividend on Wednesday, February 1st. Stockholders of record on Monday, February 20th will be paid a dividend of $0.075 per share on Wednesday, March 15th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, February 16th.

How were Symantec's earnings last quarter?

Symantec Co. (NASDAQ:SYMC) issued its quarterly earnings results on Wednesday, February, 1st. The company reported $0.32 EPS for the quarter, topping the Zacks' consensus estimate of $0.28 by $0.04. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. Symantec had a net margin of 55.12% and a return on equity of 12.69%. The firm's revenue was up 19.7% compared to the same quarter last year. During the same period last year, the business earned $0.26 EPS.

When will Symantec make its next earnings announcement?

Symantec is scheduled to release their next quarterly earnings announcement on Wednesday, May, 10th 2017.

What guidance has Symantec issued on next quarter's earnings?

Symantec updated its FY18 earnings guidance on Wednesday, February, 1st. The company provided EPS guidance of $1.70-1.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.72. Symantec also updated its Q4 guidance to $0.27-0.29 EPS.

Where is Symantec's stock going? Where will Symantec's stock price be in 2017?

24 brokers have issued twelve-month target prices for Symantec's stock. Their forecasts range from $18.00 to $37.00. On average, they anticipate Symantec's share price to reach $28.37 in the next twelve months.

What are analysts saying about Symantec stock?

Here are some recent quotes from research analysts about Symantec stock:

  • 1. According to Zacks Investment Research, "The internet security solution provider, Symantec's announcement of issuing another $1 billion of senior notes to fund the acquisition of LifeLoc Symantec k will increase its interest expenses, thereby negatively impacting its bottom-line going forward. Moreover, smaller companies like Kaspersky are consistently launching comparable products. These, along with competition from the likes of Microsoft, remain headwinds. The uncertainty over PC sales adds to its woes. Nonetheless, investment in growth areas such as Enterprise Backup, Storage Management and Security businesses are expected to boost Symantec’s long-term prospects. Moreover, restructuring initiatives and synergies from acquisitions are expected to support its bottom line. Notable, shares of Symantec has outperformed the broader market over the past one year." (4/18/2017)
  • 2. Piper Jaffray Companies analysts commented, "Symantec reported solid FQ3(Dec) results across all metrics and guided above the Street for FQ4(Mar), excluding FX headwinds. Both the Enterprise and Consumer segments improved and we are particularly encouraged by the improving growth rates of the Enterprise Endpoint products, following the release of SEP14. With the LOCK deal expected to close on Feb 9, we believe there could be significant upside potential to FY18 EPS guidance. We reiterate our Overweight rating and raise our PT to $35 (prev $31)." (2/2/2017)
  • 3. Jefferies Group LLC analysts commented, "SYMC is well positioned to answer a pressing customer desire to consolidate security functionality and address a shift to Cloud with a strong management team and a logical plan. However, new business has been declining significantly, which will be difficult to reverse with a largely ratable rev model, while investor exuberance has already incorporated some success and leaves little room for upside, especially when adjusting for stock based comp. Hold; $27 PT." (1/18/2017)
  • 4. Morgan Stanley analysts commented, "A Compelling Case Study In Cost Optimization" (8/15/2016)

Are investors shorting Symantec?

Symantec saw a increase in short interest in April. As of April 13th, there was short interest totalling 24,292,205 shares, an increase of 6.8% from the March 31st total of 22,753,555 shares. Based on an average daily trading volume, of 5,085,308 shares, the short-interest ratio is presently 4.8 days. Approximately 4.0% of the shares of the stock are short sold.

Who owns Symantec stock?

Symantec's stock is owned by many different of retail and institutional investors. Top institutional shareholders include DODGE & COX (1.20%), Beutel Goodman & Co Ltd. (0.84%), Russell Investments Group Ltd. (0.20%), Chevy Chase Trust Holdings Inc. (0.09%), Hartwell J M Limited Partnership (0.09%) and National Pension Service (0.09%). Company insiders that own Symantec stock include Amy L Cappellanti-Wolf, Anita M Sands, Brett Shirk, Daniel H Schulman, Francis C Rosch, Mark S Garfield, Matthew M Cain, Michael A/Ca Brown, Michael David Fey, Robert Steve Miller, Scott C Taylor, Suzanne M Vautrinot and V Paul Unruh.

Who sold Symantec stock? Who is selling Symantec stock?

Symantec's stock was sold by a variety of institutional investors in the last quarter, including Beutel Goodman & Co Ltd., National Pension Service, Russell Investments Group Ltd., Nationwide Fund Advisors, Bank of Montreal Can, Livforsakringsbolaget Skandia Omsesidigt, Oakbrook Investments LLC and Hartford Investment Management Co.. Company insiders that have sold Symantec stock in the last year include Amy L Cappellanti-Wolf, Anita M Sands, Francis C Rosch, Mark S Garfield, Michael David Fey, Scott C Taylor and Suzanne M Vautrinot.

Who bought Symantec stock? Who is buying Symantec stock?

Symantec's stock was acquired by a variety of institutional investors in the last quarter, including AMF Pensionsforsakring AB, Hartwell J M Limited Partnership, UMB Bank N A MO, First Midwest Bank Trust Division, State of Alaska Department of Revenue, Hollencrest Securities LLC, Parametrica Management Ltd and Korea Investment CORP.

How do I buy Symantec stock?

Shares of Symantec can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Symantec stock cost?

One share of Symantec stock can currently be purchased for approximately $31.48.

Symantec (SYMC) Chart for Friday, April, 28, 2017

This page was last updated on 4/28/2017 by MarketBeat.com Staff