NASDAQ:SYMC - Symantec Stock Price, News, & Analysis

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$20.67 +0.02 (+0.10 %)
(As of 09/19/2018 04:00 PM ET)
Previous Close$20.65
Today's Range$20.48 - $20.76
52-Week Range$17.81 - $34.20
Volume4.90 million shs
Average Volume8.20 million shs
Market Capitalization$12.45 billion
P/E Ratio21.76
Dividend Yield1.52%
Beta0.65
Symantec logoSymantec Corporation, together with its subsidiaries, provides cybersecurity solutions worldwide. It operates through two segments, Consumer Digital Safety and Enterprise Security. The Consumer Digital Safety segment provides Norton-branded services that provide multi-layer security services across desktop and mobile operating systems, public Wi-Fi connections, and home networks to defend against online threats to individuals, families, and small businesses. This segment also offers LifeLock-branded identity protection services, such as identifying and notifying users of identity-related and other events, and assisting users in remediating their impact; and digital safety platform designed to protect information across devices, customer identities, and the connected homes and families. The Enterprise Security segment provides endpoint protection products, endpoint management, messaging protection products, information protection products, cyber security services, Website security, and advanced Web and cloud security offerings. Its enterprise endpoint, network security, and management offerings supports evolving endpoints and networks, as well as provides an integrated cyber defense platform. This segment delivers its solutions through various methods, such as software, appliance, software-as-a-service, and managed services. The company serves individuals, households, and small businesses; small, medium, and large enterprises; and government and public sector customers. It markets and sells its products and related services through direct sales force, direct marketing and co-marketing programs, e-commerce and telesales platforms, distributors, Internet-based resellers, system builders, Internet service providers, employee benefits providers, wireless carriers, retailers, original equipment manufacturers, and retail and online stores. Symantec Corporation was founded in 1982 and is headquartered in Mountain View, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustrySystems Software
SectorComputer and Technology
SymbolNASDAQ:SYMC
CUSIP87150310
Phone650-527-8000

Debt

Debt-to-Equity Ratio0.85
Current Ratio1.16
Quick Ratio1.15

Price-To-Earnings

Trailing P/E Ratio21.76
Forward P/E Ratio22.97
P/E Growth2.82

Sales & Book Value

Annual Sales$4.85 billion
Price / Sales2.65
Cash Flow$2.2689 per share
Price / Cash9.11
Book Value$8.13 per share
Price / Book2.54

Profitability

EPS (Most Recent Fiscal Year)$0.95
Net Income$1.16 billion
Net Margins25.52%
Return on Equity14.54%
Return on Assets4.42%

Miscellaneous

Employees13,000
Outstanding Shares621,540,000
Market Cap$12.45 billion

Symantec (NASDAQ:SYMC) Frequently Asked Questions

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 announced a quarterly dividend on Thursday, August 2nd. Investors of record on Monday, August 20th will be given a dividend of $0.075 per share on Wednesday, September 12th. This represents a $0.30 annualized dividend and a dividend yield of 1.45%. The ex-dividend date is Friday, August 17th. View Symantec's Dividend History.

How were Symantec's earnings last quarter?

Symantec Co. (NASDAQ:SYMC) issued its quarterly earnings data on Thursday, August, 2nd. The technology company reported $0.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.01. The technology company earned $1.17 billion during the quarter, compared to the consensus estimate of $1.15 billion. Symantec had a return on equity of 14.54% and a net margin of 25.52%. The company's revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.33 earnings per share. View Symantec's Earnings History.

When is Symantec's next earnings date?

Symantec is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Symantec.

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

Symantec updated its FY19 earnings guidance on Thursday, August, 2nd. The company provided earnings per share guidance of $1.47-$1.57 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.56. The company issued revenue guidance of $4670-$4790 billion, compared to the consensus revenue estimate of $4.83 billion.Symantec also updated its Q2 guidance to $0.31-$0.35 EPS.

What price target have analysts set for SYMC?

23 analysts have issued twelve-month price targets for Symantec's stock. Their forecasts range from $18.85 to $40.00. On average, they expect Symantec's share price to reach $24.5472 in the next year. This suggests a possible upside of 18.8% from the stock's current price. View Analyst Price Targets for Symantec.

What is the consensus analysts' recommendation for Symantec?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Symantec in the last year. There are currently 3 sell ratings, 16 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Symantec.

What are Wall Street analysts saying about Symantec stock?

Here are some recent quotes from research analysts about Symantec stock:
  • 1. Evercore ISI analysts commented, "We continue to believe that there is room for improvement, particularly on the enterprise side of Symantec’s business, though Dale Fuller’s experience on the consumer side is likely to be of considerable value, in our view. We envision that some fresh eyes on the board may serve to help accelerate fundamental improvements (particularly on the cost side). With regards to the stock; from a fundamental standpoint we continue to believe that there is a debate on the future growth/margin mix at the company and from a technical standpoint the outstanding audit investigation remains a considerable overhang for most investors. Remain In Line rated." (9/17/2018)
  • 2. According to Zacks Investment Research, "Symantec provides a broad range of content security and information backup solutions to individuals and enterprises.  The innovative products and solutions that Symantec offer will help it win customers, thereby increasing its business volume. We believe rise in demand for cybersecurity-related products due to continuously increasing global hacking events, along with acquisitions, are likely to drive Symantec’s near-term results.  Estimates have been stable lately ahead of the company’s Q1 earnings release. Nonetheless, Symantec's margins are anticipated to remain under pressure due to continued shift of the company’s business model to ratable revenues, and increased investment in sales and marketing capacity, which makes us cautious about its near-term performance.  The stock has underperformed the industry on a year-to-date basis.  The company has mixed record of earnings surprises in recent quarters." (7/10/2018)
  • 3. Robert W. Baird analysts commented, "Investigation [ Please refer to Appendix – Certification ] LOWERING PRICE TARGET 1-Year Price Chart J – 1 7 J – 1 7 A – 1 7 S – 1 7 O – 1 7 N – 1 7 D – 1 7 J – 1 8 F – 1 8 M – 1 8 A – 1 8 M – 1 8 3 6 3 4 3 2 3 0 2 8 2 6 2 4 2 5 3 4 $29.18 Market Cap (mil): $19,346 Shares Out (mil): 663.0 Average Daily Vol (mil): 5.32 2.1% Estimates FY 0.29 A 0.33 A 0.33 E Q2 0.30 A 0.40 A 0.38 E Q3 0.32 A 0.49 A 0.43 E Q4 0.28 A 0.46 A 0.44 E Fiscal EPS 1.18 A 1.69 A 1.58 E Previous Est 1.62 A 1.68 E FactSet and Baird Data. Price chart reflects most recent closing price. Jayson Noland, CFA Sr." (5/11/2018)

Who are some of Symantec's key competitors?

Who are Symantec's key executives?

Symantec's management team includes the folowing people:
  • Mr. Gregory S. Clark, CEO & Director (Age 53)
  • Mr. Michael David Fey, Pres & COO (Age 43)
  • Mr. Nicholas R. Noviello, Exec. VP, CFO & Principal Accounting Officer (Age 49)
  • Mr. Scott C. Taylor, Exec. VP, Gen. Counsel & Sec. (Age 54)
  • Dr. Hugh Thompson, Chief Technology Officer

Has Symantec been receiving favorable news coverage?

Headlines about SYMC stock have been trending somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Symantec earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned news coverage about the technology company an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Symantec.

Who are Symantec's major shareholders?

Symantec's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.54%), Morgan Stanley (1.46%), Northern Trust Corp (1.07%), First Trust Advisors LP (0.98%), FMR LLC (0.73%) and FMR LLC (0.73%). Company insiders that own Symantec stock include Amy L Cappellanti-Wolf, Anita M Sands, Francis C Rosch, Gregory S Clark, Mark S Garfield, Michael David Fey, Nicholas R Noviello, Roxane Divol, Scott C Taylor and Suzanne M Vautrinot. View Institutional Ownership Trends for Symantec.

Which institutional investors are selling Symantec stock?

SYMC stock was sold by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Janus Henderson Group PLC, Northern Trust Corp, Russell Investments Group Ltd., Sei Investments Co., Bank of Montreal Can, Arizona State Retirement System and AMP Capital Investors Ltd. Company insiders that have sold Symantec company stock in the last year include Francis C Rosch, Nicholas R Noviello, Scott C Taylor and Suzanne M Vautrinot. View Insider Buying and Selling for Symantec.

Which institutional investors are buying Symantec stock?

SYMC stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, SG Americas Securities LLC, First Trust Advisors LP, Tobam, FMR LLC, FMR LLC, Boston Partners and Toronto Dominion Bank. View Insider Buying and Selling for Symantec.

How do I buy shares of Symantec?

Shares of SYMC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Symantec's stock price today?

One share of SYMC stock can currently be purchased for approximately $20.67.

How big of a company is Symantec?

Symantec has a market capitalization of $12.45 billion and generates $4.85 billion in revenue each year. The technology company earns $1.16 billion in net income (profit) each year or $0.95 on an earnings per share basis. Symantec employs 13,000 workers across the globe.

How can I contact Symantec?

Symantec's mailing address is 350 ELLIS STREET, MOUNTAIN VIEW CA, 94043. The technology company can be reached via phone at 650-527-8000.


MarketBeat Community Rating for Symantec (NASDAQ SYMC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  620 (Vote Outperform)
Underperform Votes:  744 (Vote Underperform)
Total Votes:  1,364
MarketBeat's community ratings are surveys of what our community members think about Symantec and other stocks. Vote "Outperform" if you believe SYMC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SYMC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/19/2018 by MarketBeat.com Staff

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