Quantum Corporation focuses on scale-out storage, archive and data protection, providing solutions for capturing, sharing, managing and preserving digital assets over the entire data lifecycle. The Company's end-to-end tiered storage solutions enable users to maximize the value of their data by making it accessible whenever and wherever needed, retaining it indefinitely and reducing total cost and complexity. It works with a network of distributors, value-added resellers (VARs), direct marketing resellers (DMRs), original equipment manufacturers (OEMs) and other suppliers to meet customers' evolving needs. Its scale-out storage portfolio includes StorNext software, appliances and full systems called StorNext Pro Solutions, as well as Xcellis workflow storage, QXS disk storage, Lattus extended online storage and Q-Cloud Archive and Vault services. Its StorNext offerings enable customers to manage large unstructured data sets in an information workflow.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Data Storage Devices
- Sub-Industry: Computer Storage & Peripherals
- Symbol: NYSE:QTM
- CUSIP: 74790620
- Web: www.quantum.com
- Market Cap: $293.05 million
- Outstanding Shares: 33,957,000
- 50 Day Moving Avg: $6.70
- 200 Day Moving Avg: $2.35
- 52 Week Range: $0.36 - $9.20
Sales & Book Value:
- Trailing P/E Ratio: 79.91
- Foreward P/E Ratio: 14.15
- P/E Growth: 0.69
- Annual Revenue: $505.35 million
- Price / Sales: 0.58
- Book Value: ($3.42) per share
- Price / Book: -2.52
- EBIDTA: $19.86 million
- Net Margins: -9.39%
- Return on Equity: -9.78%
- Return on Assets: 5.46%
- Debt-to-Equity Ratio: -0.62%
- Current Ratio: 0.83%
- Quick Ratio: 0.61%
- Average Volume: 730,078 shs.
- Beta: 2.35
- Short Ratio: 1.46
Frequently Asked Questions for Quantum Corp (NYSE:QTM)
What is Quantum Corp's stock symbol?
Quantum Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "QTM."
How were Quantum Corp's earnings last quarter?
Quantum Corp (NYSE:QTM) released its earnings results on Wednesday, May, 10th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.02. The company earned $120.80 million during the quarter, compared to analyst estimates of $122.59 million. Quantum Corp had a negative return on equity of 9.78% and a negative net margin of 9.39%. Quantum Corp's quarterly revenue was up .7% on a year-over-year basis. During the same period in the prior year, the company posted $0.02 earnings per share. View Quantum Corp's Earnings History.
Where is Quantum Corp's stock going? Where will Quantum Corp's stock price be in 2017?
1 brokerages have issued 1 year price targets for Quantum Corp's shares. Their forecasts range from $1.50 to $1.50. On average, they expect Quantum Corp's share price to reach $1.50 in the next year. View Analyst Ratings for Quantum Corp.
Are investors shorting Quantum Corp?
Quantum Corp saw a drop in short interest during the month of April. As of April 28th, there was short interest totalling 248,010 shares, a drop of 84.3% from the April 13th total of 1,582,412 shares. Based on an average trading volume of 259,979 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.8% of the shares of the stock are short sold.
Who are some of Quantum Corp's key competitors?
Some companies that are related to Quantum Corp include Synchronoss Technologies (SNCR), Ichor Holdings Ltd (ICHR), Thermon Group Holdings (THR), Hortonworks (HDP), VASCO Data Security International (VDSI), RetailMeNot (SALE), LivePerson (LPSN), Babcock & Wilcox Enterprises (BW), PDF Solutions (PDFS), Xcerra Corp (XCRA), Carbonite (CARB), Silver Spring Networks (SSNI), QAD (QADB), Cohu (COHU), A10 Networks (ATEN), Ballard Power Systems (BLDP), Castlight Health (CSLT) and Renren (RENN).
Who are Quantum Corp's key executives?
Quantum Corp's management team includes the folowing people:
- Jon W. Gacek, President, Chief Executive Officer
- Fuad Ahmad, Chief Financial Officer, Senior Vice President, Chief Accounting Officer
- Shawn D. Hall, Senior Vice President, General Counsel, Secretary
- William C. Britts, Senior Vice President - Worldwide Sales and Marketing
- Robert S. Clark, Senior Vice President - Product Operations
- Donald E Martella JR, Senior Vice President - Engineering
- Geoffrey G. Stedman, Senior Vice President - StorNext Solutions
- Bassam Tabbara, Chief Technology Officer
- Paul R. Auvil III, Lead Independent Director
- Clifford Press, Director
Who owns Quantum Corp stock?
Quantum Corp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include
VIEX CAPITAL ADVISORS, LLC
(10.90%), VIEX Capital Advisors LLC (87.08%), Wells Fargo & Company MN (5.25%), Soros Fund Management LLC (28.00%), Vanguard Group Inc. (27.52%) and Renaissance Technologies LLC (23.67%). Company insiders that own Quantum Corp stock include Geoff G Stedman, Gregg J Powers, Jon W Gacek, Paul R Auvil III, Value Lp Starboard and William C Britts. View Institutional Ownership Trends for Quantum Corp.
Who sold Quantum Corp stock? Who is selling Quantum Corp stock?
Quantum Corp's stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Soros Fund Management LLC, Spark Investment Management LLC, Russell Investments Group Ltd. and Citadel Advisors LLC. View Insider Buying and Selling for Quantum Corp.
Who bought Quantum Corp stock? Who is buying Quantum Corp stock?
Quantum Corp's stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Renaissance Technologies LLC, Algert Global LLC, Pacific Ridge Capital Partners LLC, S Squared Technology LLC, Lyon Street Capital LLC, Dialectic Capital Management LP and Morgan Stanley. Company insiders that have bought Quantum Corp stock in the last two years include Geoff G Stedman, Gregg J Powers, Jon W Gacek, Paul R Auvil III and William C Britts. View Insider Buying and Selling for Quantum Corp.
How do I buy Quantum Corp stock?
Shares of Quantum Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Quantum Corp's stock price today?
MarketBeat Community Rating for Quantum Corp (NYSE QTM)MarketBeat's community ratings are surveys of what our community members think about Quantum Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Quantum Corp stock can currently be purchased for approximately $8.63.
Earnings History for Quantum Corp (NYSE:QTM)Earnings History by Quarter for Quantum Corp (NYSE:QTM)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/10/2017||Q4 2017||$0.03||$0.05||$122.59 million||$120.80 million||View||N/A|
|1/25/2017||Q3 2017||$0.03||$0.02||$133.00 million||$133.50 million||View||Listen|
|10/26/2016||Q2||($0.01)||$0.02||$132.55 million||$134.74 million||View||Listen|
|5/10/2016||Q4||$0.02||$0.02||$119.68 million||$120.00 million||View||Listen|
|1/28/2016||Q316||$0.03||$0.02||$135.24 million||$128.00 million||View||Listen|
|10/29/2015||Q2||($0.02)||($0.03)||$121.77 million||$117.00 million||View||Listen|
|7/30/2015||Q1||($0.01)||($0.03)||$116.91 million||$110.90 million||View||Listen|
|5/6/2015||Q415||$0.04||$0.06||$141.60 million||$147.80 million||View||Listen|
|1/29/2015||Q315||$0.04||$0.04||$146.14 million||$116.00 million||View||Listen|
|11/13/2014||Q314||($0.19)||$4.30 million||$5.00 million||View||N/A|
|10/29/2014||Q215||$0.01||$0.03||$133.70 million||$135.10 million||View||Listen|
|8/12/2014||Q214||($0.06)||$4.30 million||$4.90 million||View||N/A|
|7/23/2014||Q1||$0.01||$127.96 million||$128.10 million||View||Listen|
|5/7/2014||Q414||($0.01)||($0.01)||$127.50 million||$128.00 million||View||Listen|
|3/26/2014||Q4 13||($0.02)||($0.02)||$5.40 million||$5.20 million||View||N/A|
|1/29/2014||Q314||$0.02||$0.02||$143.30 million||$145.90 million||View||Listen|
|10/23/2013||Q214||($0.01)||($0.01)||$137.80 million||$131.43 million||View||Listen|
|8/13/2013||Q2 2013||($0.09)||$3.70 million||$4.30 million||View||N/A|
|8/1/2013||Q1 2014||($0.01)||$0.04||$142.36 million||$147.97 million||View||Listen|
|5/15/2013||Q1 2013||($0.05)||$3.84 million||$3.77 million||View||N/A|
|5/8/2013||Q4 2013||($0.01)||($0.02)||$146.49 million||$139.96 million||View||Listen|
|3/6/2013||Q4 2012||($0.05)||$4.20 million||$5.40 million||View||N/A|
|1/30/2013||Q3 2013||$0.02||$159.78 million||$159.00 million||View||Listen|
|10/24/2012||Q312||($0.02)||($0.02)||$151.34 million||$147.00 million||View||N/A|
Earnings Estimates for Quantum Corp (NYSE:QTM)
2017 EPS Consensus Estimate: ($0.07)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Quantum Corp (NYSE:QTM)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Quantum Corp (NYSE:QTM)
Insider Ownership Percentage: 8.18%Insider Trades by Quarter for Quantum Corp (NYSE:QTM)
Institutional Ownership Percentage: 48.27%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/6/2016||Value Lp Starboard||Insider||Sell||7,850,000||$0.91||$7,143,500.00|| |
|12/5/2016||Value Lp Starboard||Major Shareholder||Sell||3,600,000||$0.92||$3,312,000.00|| |
|3/18/2016||Value Lp Starboard||Major Shareholder||Sell||1,726,004||$0.62||$1,070,122.48|| |
|1/25/2016||Value Lp Starboard||Major Shareholder||Sell||5,000,000||$0.71||$3,550,000.00|| |
|11/20/2015||Geoff G. Stedman||SVP||Buy||10,000||$0.85||$8,500.00|| |
|11/17/2015||William C Britts||SVP||Buy||40,000||$0.85||$34,000.00|| |
|11/5/2015||Paul R Auvil III||Director||Buy||20,000||$1.03||$20,600.00|| |
|11/4/2015||Gregg J Powers||Director||Buy||50,000||$0.93||$46,500.00|| |
|11/3/2015||Jon W Gacek||CEO||Buy||45,000||$0.90||$40,500.00|| |
|12/12/2014||Jeffrey Ronaldi||CEO||Buy||96,154||$0.56||$53,846.24|| |
|12/3/2014||Gregg J Powers||Director||Buy||50,000||$1.64||$82,000.00|| |
|12/2/2014||Paul R Auvil III||Director||Buy||50,000||$1.58||$79,000.00|| |
|11/6/2014||Janae S Lee||SVP||Sell||170,000||$1.40||$238,000.00|| |
|9/13/2013||Jeffrey Ronaldi||CEO||Buy||15,317||$1.28||$19,605.76|| |
|9/13/2013||Robert B Fagenson||Director||Buy||5,000||$1.29||$6,450.00|| |
|9/12/2013||Robert B Bzdick||President||Buy||50,000||$1.29||$64,500.00|| |
|9/12/2013||Robert B Fagenson||Director||Buy||5,000||$1.22||$6,100.00|| |
|4/4/2013||Value Lp Starboard||Major Shareholder||Buy||250,000||$1.23||$307,500.00|| |
|4/3/2013||Value Lp Starboard||Major Shareholder||Buy||1,425,000||$1.24||$1,767,000.00|| |
|3/13/2013||Value Lp Starboard||Major Shareholder||Buy||1,000,000||$1.22||$1,220,000.00|| |
Headline Trends for Quantum Corp (NYSE:QTM)
Latest Headlines for Quantum Corp (NYSE:QTM)
Quantum Corp (QTM) Chart for Sunday, May, 28, 2017