NYSE:QTM - Quantum Stock Price, Price Target & More

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$2.06 -0.29 (-12.34 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$2.35
Today's Range$2.06 - $2.44
52-Week Range$2.06 - $8.66
Volume7.27 million shs
Average Volume340,667 shs
Market Capitalization$92.58 million
P/E Ratio7.63
Dividend YieldN/A
Beta2.33
Quantum logoQuantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses and multi-national enterprises in the Americas, Europe, and the Asia Pacific. The company offers StorNext 5 software and hardware that offer file sharing and archiving in purpose-built configurations of metadata controllers, expansion appliances, and disk and archive enabled libraries; Xcellis product, which optimizes workflow and shared access by combining functions into a compact, space, and energy-saving solution; and Lattus Object Storage solutions that enable high volumes of data to be available to extract valuable information. It also offers StorNext Storage Manager software; and StorNext AEL archives products, which provide near-line archiving with built-in data protection and self-healing capabilities. In addition, the company's data protection solutions comprise DXi disk systems that use deduplication technology to enhance the amount of backup data; Scalar Tape Automation Systems, which manage and protect business critical data in workgroup, medium size business, and enterprise data center environment; SuperLoader3 autoloader designed to maximize data density and performance; and iLayer, which offers monitoring, alerts, and proactive diagnostics. Further, it provides device and media products, such as removable disk drives and libraries, tape drives, and storage media. 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. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.

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Industry, Sector and Symbol

Industry Computer storage devices
Sub-IndustryComputer Storage & Peripherals
SectorComputer and Technology
SymbolNYSE:QTM
CUSIP74790620
Phone408-944-4000

Debt

Debt-to-Equity Ratio-0.57
Current Ratio0.78
Quick Ratio0.56

Price-To-Earnings

Trailing P/E Ratio7.63
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$505.35 million
Price / Sales0.14
Cash Flow$0.3627 per share
Price / Cash5.68
Book Value($3.41) per share
Price / Book-0.60

Profitability

EPS (Most Recent Fiscal Year)$0.27
Net Income$3.64 million
Net Margins-1.77%
Return on EquityN/A
Return on Assets-0.83%

Miscellaneous

Employees1,150
Outstanding Shares34,670,000

Quantum (NYSE:QTM) Frequently Asked Questions

What is Quantum's stock symbol?

Quantum trades on the New York Stock Exchange (NYSE) under the ticker symbol "QTM."

How were Quantum's earnings last quarter?

Quantum Corp (NYSE:QTM) released its quarterly earnings results on Thursday, November, 9th. The technology company reported ($0.14) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by $0.13. The technology company earned $107.10 million during the quarter, compared to analysts' expectations of $122.20 million. The firm's revenue was down 20.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.02 earnings per share. View Quantum's Earnings History.

When is Quantum's next earnings date?

Quantum is scheduled to release their next quarterly earnings announcement on Wednesday, June, 27th 2018. View Earnings Estimates for Quantum.

What price target have analysts set for QTM?

1 brokers have issued 12-month target prices for Quantum's stock. Their predictions range from $10.00 to $10.00. On average, they expect Quantum's stock price to reach $10.00 in the next year. View Analyst Ratings for Quantum.

Who are some of Quantum's key competitors?

Some companies that are related to Quantum include Western Digital (WDC), NetApp (NTAP), Seagate Technology (STX), Pure Storage (PSTG) and US Gold (USAU).

Who are Quantum's key executives?

Quantum's management team includes the folowing people:
  • Mr. Jonathan W. Gacek, Pres & CEO (Age 56)
  • Mr. Fuad Ahmad, Sr. VP & CFO (Age 48)
  • Mr. Shawn D. Hall, SVP, Gen. Counsel & Sec. (Age 49)
  • Mr. William C. Britts, Sr. VP of Worldwide Sales & Marketing (Age 59)
  • Mr. Robert S. Clark, Sr. VP of Product Operations

Has Quantum been receiving favorable news coverage?

News coverage about QTM stock has been trending somewhat negative recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Quantum earned a media sentiment score of -0.02 on Accern's scale. They also gave media stories about the technology company an impact score of 46.70 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are Quantum's major shareholders?

Quantum's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Park West Asset Management LLC (9.82%), Wells Fargo & Company MN (3.34%), Neuberger Berman Group LLC (1.87%), PenderFund Capital Management Ltd. (1.69%), Systematic Financial Management LP (0.79%) and Schwab Charles Investment Management Inc. (0.48%). Company insiders that own Quantum stock include Fuad Ahmad, Jon W Gacek, Robert S Clark, Shawn D Hall and Value Lp Starboard. View Institutional Ownership Trends for Quantum.

Which institutional investors are selling Quantum stock?

QTM stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, PenderFund Capital Management Ltd., Wells Fargo & Company MN and Neuberger Berman Group LLC. Company insiders that have sold Quantum company stock in the last year include Fuad Ahmad, Jon W Gacek, Robert S Clark and Shawn D Hall. View Insider Buying and Selling for Quantum.

Which institutional investors are buying Quantum stock?

QTM stock was acquired by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, NJ State Employees Deferred Compensation Plan, A.R.T. Advisors LLC, Royal Bank of Canada, Schwab Charles Investment Management Inc., GSA Capital Partners LLP, Spark Investment Management LLC and Systematic Financial Management LP. View Insider Buying and Selling for Quantum.

How do I buy shares of Quantum?

Shares of QTM 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 Quantum's stock price today?

One share of QTM stock can currently be purchased for approximately $2.06.

How big of a company is Quantum?

Quantum has a market capitalization of $92.58 million and generates $505.35 million in revenue each year. The technology company earns $3.64 million in net income (profit) each year or $0.27 on an earnings per share basis. Quantum employs 1,150 workers across the globe.

How can I contact Quantum?

Quantum's mailing address is 224 AIRPORT PARKWAY SUITE 550, SAN JOSE CA, 95110. The technology company can be reached via phone at 408-944-4000 or via email at [email protected]


MarketBeat Community Rating for Quantum (QTM)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  200 (Vote Outperform)
Underperform Votes:  208 (Vote Underperform)
Total Votes:  408
MarketBeat's community ratings are surveys of what our community members think about Quantum and other stocks. Vote "Outperform" if you believe QTM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QTM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/23/2018 by MarketBeat.com Staff

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