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

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

Quantum Corp (NYSE:QTM) issued its quarterly earnings data on Thursday, November, 9th. The technology company reported ($0.14) EPS for the quarter, missing the Zacks' consensus estimate of ($0.01) by $0.13. The technology company earned $107.10 million during the quarter, compared to analysts' expectations of $122.20 million. Quantum's revenue was down 20.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.02 EPS. View Quantum's Earnings History.

Quantum is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Quantum.

1 brokers have issued twelve-month price targets for Quantum's stock. Their forecasts range from $10.00 to $10.00. On average, they expect Quantum's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 431.9% from the stock's current price. View Analyst Ratings for Quantum.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quantum in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold."

Quantum saw a drop in short interest in the month of June. As of June 29th, there was short interest totalling 771,115 shares, a drop of 58.0% from the June 15th total of 1,836,841 shares. Based on an average daily trading volume, of 1,412,038 shares, the days-to-cover ratio is presently 0.5 days. Approximately 2.4% of the company's stock are sold short. View Quantum's Current Options Chain.

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

Press coverage about QTM stock has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Quantum earned a media sentiment score of 0.16 on Accern's scale. They also gave media coverage about the technology company an impact score of 47.13 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

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.

One share of QTM stock can currently be purchased for approximately $1.88.

Quantum has a market capitalization of $67.27 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.

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]