NASDAQ:SYMC - Symantec Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Symantec Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $28.07 -0.33 (-1.16 %) (As of 01/26/2020 04:00 PM ET) Add Compare Today's Range$27.81Now: $28.07▼$28.3750-Day Range$25.40MA: $26.31▼$28.4052-Week Range$17.42Now: $28.07▼$26.07Volume4.81 million shsAverage Volume4.06 million shsMarket Capitalization$17.35 billionP/E Ratio23.99Dividend Yield1.28%Beta1.28 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Symantec Corporation provides cybersecurity products, services, and solutions worldwide. The company operates through two segments, Enterprise Security and Consumer Digital Safety. The Enterprise Security segment provides endpoint and information protection products, including endpoint security, advanced threat protection, and information protection solutions and their related support services; and network and Web security products, such as network security, Web security, and cloud security solutions and their related support services. Read More… Industry, Sector and Symbol Stock Exchange NASDAQ Industry Prepackaged software Sub-IndustrySystems Software SectorComputer and Technology Current SymbolNASDAQ:SYMC Previous Symbol CUSIP87150310 CIK849399 Webhttp://www.symantec.com/ Phone650-527-8000Debt Debt-to-Equity Ratio0.79 Current Ratio0.71 Quick Ratio0.71Price-To-Earnings Trailing P/E Ratio23.99 Forward P/E Ratio21.11 P/E Growth3.77 Sales & Book Value Annual Sales$4.73 billion Price / Sales3.67 Cash Flow$2.60 per share Price / Cash Flow10.79 Book Value$8.98 per share Price / Book3.13Profitability EPS (Most Recent Fiscal Year)$1.17 Net Income$31 million Net Margins2.43% Return on Equity14.94% Return on Assets5.33%Miscellaneous Employees11,900 Outstanding Shares618,030,000Market Cap$17.35 billion Next Earnings Date1/29/2020 (Estimated) OptionableOptionable Receive SYMC News and Ratings via Email Sign-up to receive the latest news and ratings for SYMC and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:SYMC Rates by TradingView 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 8th. Shareholders of record on Monday, August 26th will be given a dividend of $0.075 per share on Wednesday, September 18th. This represents a $0.30 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend is Friday, August 23rd. View Symantec's Dividend History. How were Symantec's earnings last quarter? Symantec Co. (NASDAQ:SYMC) posted its quarterly earnings results on Thursday, August, 8th. The technology company reported $0.43 EPS for the quarter, beating the Zacks' consensus estimate of $0.32 by $0.11. The technology company earned $1.25 billion during the quarter, compared to analysts' expectations of $1.19 billion. Symantec had a net margin of 2.43% and a return on equity of 14.94%. Symantec's revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the company posted $0.34 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, January 29th 2020. View Earnings Estimates for Symantec. What price target have analysts set for SYMC? 13 brokerages have issued 12-month target prices for Symantec's shares. Their forecasts range from $19.00 to $28.00. On average, they expect Symantec's share price to reach $23.20 in the next twelve months. This suggests that the stock has a possible downside of 17.3%. View Analyst Price Targets for Symantec. What is the consensus analysts' recommendation for Symantec? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Symantec in the last year. There are currently 10 hold ratings and 3 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. Robert W. Baird analysts commented, "We believe ZS, CBLK, and CrowdStrike are the greatest beneficiaries of this market shift." (5/28/2019) 2. According to Zacks Investment Research, "Symantec suffered weak Q4 results wherein both earnings and revenues fell on a year-over-year basis. The company is hurt by a drop in the enterprise bookings, softening its Enterprise Security segment. Low ProxySG refresh cycle and tepid sales of cloud proxy, Web Security Services, mailnly due to competition loss to Zscale, is a concern. Further, rising costs in the Enterprise business are expected to keep margins under pressure in the near term. Also, leak guidance provided by the company and the abrupt departure of CEO Greg Clark are likely to leave the stock stressed. Shares of the company have underperformed the industry year to date. However, solid demand for cybersecurity-related products and an increase in the global IT security spending due to menacingly growing global hacking events are a positive. Moreover, Symantec's innovative products and solutions will help it win customers, thereby increasing its business volume." (5/15/2019) 3. Evercore ISI analysts commented, "We continue to believe that the company’s enterprise segment faces a number of competitive challenges (as we outlined in our preview) and with continued erosion (enterprise billings down ~8% ytd and down 3.5% y/y this quarter ex WSS/PKI) we do not believe the business has stabilized. Further, non-GAAP operating margins of 15.9% in the quarter do not sufficiently make up for the lack of growth. On the consumer side, billings growth continues to be anemic at 2% y/y but is an improvement over flattish growth in 1HF19 while maintaining high operating margins (~49% in the quarter). During MSFT’s F2Q19 report the company highlighted continuing PC market headwinds. While this is not a new phenomenon, SYMC’s Norton business remains exposed." (2/4/2019) Has Symantec been receiving favorable news coverage? News stories about SYMC stock have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Symantec earned a news sentiment score of -4.5 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Symantec. Who are some of Symantec's key competitors? Some companies that are related to Symantec include Microsoft (MSFT), Oracle (ORCL), VMware (VMW), ServiceNow (NOW), Fortinet (FTNT), Proofpoint (PFPT), Qualys (QLYS), Progress Software (PRGS), CommVault Systems (CVLT), TiVo (TIVO) and FalconStor Software (FALC). What other stocks do shareholders of Symantec own? Based on aggregate information from My MarketBeat watchlists, some companies that other Symantec investors own include NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), Cisco Systems (CSCO), AT&T (T), Netflix (NFLX), Advanced Micro Devices (AMD), Twitter (TWTR), QUALCOMM (QCOM) and Adobe (ADBE). Who are Symantec's key executives? Symantec's management team includes the folowing people: Mr. Nicholas R. Noviello C.P.A., Exec. VP & CFO (Age 50)Mr. Scott C. Taylor, Exec. VP, Gen. Counsel & Sec. (Age 55)Mr. Richard S. Hill, Director, Interim Pres & CEO (Age 67)Mr. Matthew Charles Brown, VP of Fin. & Chief Accounting Officer (Age 38)Dr. Hugh Thompson, Sr. VP & Chief Technology Officer 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, Robinhood, Fidelity and Charles Schwab. What is Symantec's stock price today? One share of SYMC stock can currently be purchased for approximately $28.07. How big of a company is Symantec? Symantec has a market capitalization of $17.35 billion and generates $4.73 billion in revenue each year. The technology company earns $31 million in net income (profit) each year or $1.17 on an earnings per share basis. Symantec employs 11,900 workers across the globe.View Additional Information About Symantec. What is Symantec's official website? The official website for Symantec is http://www.symantec.com/. 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 ( )Outperform Votes: 755 (Vote Outperform)Underperform Votes: 853 (Vote Underperform)Total Votes: 1,608MarketBeat'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 1/26/2020 by MarketBeat.com StaffFeatured Article: Treasury Bonds
