NYSE:VMW - VMware Stock Price, News, & Analysis

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$153.40 -3.61 (-2.30 %)
(As of 09/18/2018 04:00 PM ET)
Previous Close$157.01
Today's Range$153.38 - $158.80
52-Week Range$107.12 - $165.00
Volume1.93 million shs
Average Volume2.17 million shs
Market Capitalization$66.18 billion
P/E Ratio40.70
Dividend YieldN/A
Beta0.57
VMware logoVMware, Inc. provides compute, cloud, mobility, networking, and security infrastructure software to businesses in the United States and internationally. The company offers compute products, including VMware vSphere, a data center platform, which enables users to deploy hypervisor, a layer of software that resides between the operating system and system hardware to enable compute virtualization; storage and availability products that provide data storage and protection options; network and security products; and cloud management and automation products to manage and automate overarching IT processes involved in provisioning IT services and resources to users from initial infrastructure deployment to retirement. It also provides software-defined data center suites, including VMware vCloud suite, vSphere with Operations Management, and VMware vRealize suite for building and managing a cloud infrastructure for use with the vSphere platform. In addition, the company offers VMware Cloud Foundation, a platform that brings together its compute, storage, and networking technologies into a natively integrated stack that delivers enterprise-ready cloud infrastructure for private and public clouds; and VMware Pulse IoT Center, an Internet of Things device management and monitoring solution. Further, it provides hybrid cloud computing solutions, such as VMware Cloud Provider Program, Hybrid VMware Cloud Foundation, and VMware Cloud Services; and end-user computing solutions that enable customers to securely deliver access to applications and data for their end users from various devices. The company sells its products through distributors, resellers, system vendors, and systems integrators. VMware, Inc. has a strategic alliance with Amazon Web Services to build and deliver an integrated hybrid solution. The company was incorporated in 1998 and is headquartered in Palo Alto, California. VMware, Inc. is a subsidiary of Dell Technologies Inc.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustrySystems Software
SectorComputer and Technology
SymbolNYSE:VMW
CUSIP92856340
Phone650-427-5000

Debt

Debt-to-Equity Ratio0.41
Current Ratio3.01
Quick Ratio3.01

Price-To-Earnings

Trailing P/E Ratio40.70
Forward P/E Ratio32.43
P/E Growth2.6

Sales & Book Value

Annual Sales$7.92 billion
Price / Sales7.88
Cash Flow$4.5157 per share
Price / Cash33.97
Book Value$19.26 per share
Price / Book7.96

Profitability

EPS (Most Recent Fiscal Year)$3.86
Net Income$570 million
Net Margins18.77%
Return on Equity20.00%
Return on Assets8.42%

Miscellaneous

Employees21,700
Outstanding Shares406,860,000
Market Cap$66.18 billion

VMware (NYSE:VMW) Frequently Asked Questions

What is VMware's stock symbol?

VMware trades on the New York Stock Exchange (NYSE) under the ticker symbol "VMW."

How will VMware's stock buyback program work?

VMware declared that its Board of Directors has approved a share buyback plan on Wednesday, August 16th 2017, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 2.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued.

How were VMware's earnings last quarter?

VMware, Inc. (NYSE:VMW) issued its quarterly earnings results on Thursday, August, 23rd. The virtualization software provider reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.05. The virtualization software provider had revenue of $2.17 billion for the quarter, compared to analysts' expectations of $2.15 billion. VMware had a return on equity of 20.00% and a net margin of 18.77%. The firm's quarterly revenue was up 12.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.19 earnings per share. View VMware's Earnings History.

When is VMware's next earnings date?

VMware is scheduled to release their next quarterly earnings announcement on Thursday, November, 29th 2018. View Earnings Estimates for VMware.

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

VMware issued an update on its third quarter earnings guidance on Thursday, August, 23rd. The company provided earnings per share (EPS) guidance of approx $1.50 for the period, compared to the Thomson Reuters consensus estimate of $1.50. The company issued revenue guidance of approx $2.165 billion, compared to the consensus revenue estimate of $2.16 billion.VMware also updated its FY19 guidance to approx $6.14 EPS.

What price target have analysts set for VMW?

26 brokerages have issued 12 month price objectives for VMware's shares. Their forecasts range from $115.00 to $190.00. On average, they expect VMware's share price to reach $156.2727 in the next year. This suggests a possible upside of 1.9% from the stock's current price. View Analyst Price Targets for VMware.

What is the consensus analysts' recommendation for VMware?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VMware in the last year. There are currently 1 sell rating, 9 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for VMware.

What are Wall Street analysts saying about VMware stock?

Here are some recent quotes from research analysts about VMware stock:
  • 1. According to Zacks Investment Research, "VMware reported impressive second-quarter fiscal 2019 results. Both earnings and revenues increased on a year-over-year basis. Strong top-line growth was primarily driven by robust performance from NSX and vSAN product line. Moreover, management provided solid guidance for fiscal 2019. Nevertheless, VMware’s margins are expected to be dragged down due to heavy spending. Intensifying competition is also a concern. The stiff competitive environment hurts VMware’s pricing power, which impacts profitability. Additionally, longer sales cycles remain a headwind. Shares have underperformed the industry on a year-to-date basis." (8/29/2018)
  • 2. KeyCorp analysts commented, "Jul Q license revenue beats consensus by 17%, but highlight of the quarter is EAA signed with AMZN, in our view. Oct Q revenue guidance slightly above consensus and FY19 revenue guidance increased, though OM guidance maintained. On raised FY20 estimates, raising our DCF-based 12-month price target to $133, from $126; continue to view SPLK as a secular Buy." (8/24/2018)
  • 3. Maxim Group analysts commented, "Another strong seasonal performance drives above-guidance results. October quarter (F3Q19) license revenue guidance beats consensus by ~2% and FY19 guidance raised across the board. We raise our price target to $150, from $142, in accordance with raised guidance, but maintain our Hold rating as we see a period of beats and raises coming to a close, benefits from DELL channel tapering, and MSFT better positioned long-term." (8/24/2018)
  • 4. Robert W. Baird analysts commented, "We view a reverse merger as a low probability risk and continue to remain positive on VMware fundamentals." (6/1/2018)
  • 5. Mizuho analysts commented, "We remain on the sidelines given our view of full valuation and limited likelihood of significant upside to estimates. Additionally, the uncertainty from Dell’s strategic review process will likely keep weighing on the stock." (5/24/2018)

Who are some of VMware's key competitors?

Who are VMware's key executives?

VMware's management team includes the folowing people:
  • Mr. Patrick P. Gelsinger, CEO & Director (Age 57)
  • Mr. Zane C. Rowe, CFO & Exec. VP (Age 47)
  • Mr. Rangarajan Raghuram, Chief Operating Officer of Products & Cloud Services (Age 55)
  • Mr. Sanjay J. Poonen, Chief Operating Officer of Customer Operations (Age 48)
  • Dr. Rajiv Ramaswami, Chief Operating Officer of Products & Cloud Services (Age 52)

Has VMware been receiving favorable news coverage?

Press coverage about VMW stock has trended somewhat positive recently, according to Accern. Accern scores the sentiment of news coverage by reviewing 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. VMware earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave press coverage about the virtualization software provider an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for VMware.

Who are VMware's major shareholders?

VMware's stock is owned by many different of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (1.30%), BlackRock Inc. (0.94%), Investec Asset Management LTD (0.51%), Morgan Stanley (0.45%), Glenmede Trust Co. NA (0.32%) and Voya Investment Management LLC (0.24%). Company insiders that own VMware stock include Egon Durban, Maurizio Carli, P Kevan Krysler, Patrick P Gelsinger, Rajiv Ramaswami, Rangarajan (Raghu) Raghuram, Sanjay Poonen and Zane Rowe. View Institutional Ownership Trends for VMware.

Which major investors are selling VMware stock?

VMW stock was sold by a variety of institutional investors in the last quarter, including Cisco Systems Inc., Millennium Management LLC, BlackRock Inc., GMT Capital Corp, Fred Alger Management Inc., KBC Group NV, Glenmede Trust Co. NA and Robeco Institutional Asset Management B.V.. Company insiders that have sold VMware company stock in the last year include Egon Durban, Maurizio Carli, P Kevan Krysler, Patrick P Gelsinger, Rajiv Ramaswami, Rangarajan (Raghu) Raghuram, Sanjay Poonen and Zane Rowe. View Insider Buying and Selling for VMware.

Which major investors are buying VMware stock?

VMW stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Voya Investment Management LLC, Whale Rock Capital Management LLC, Investec Asset Management LTD, DnB Asset Management AS, Strs Ohio, Point72 Asset Management L.P. and Sensato Investors LLC. View Insider Buying and Selling for VMware.

How do I buy shares of VMware?

Shares of VMW 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 VMware's stock price today?

One share of VMW stock can currently be purchased for approximately $153.40.

How big of a company is VMware?

VMware has a market capitalization of $66.18 billion and generates $7.92 billion in revenue each year. The virtualization software provider earns $570 million in net income (profit) each year or $3.86 on an earnings per share basis. VMware employs 21,700 workers across the globe.

How can I contact VMware?

VMware's mailing address is 3401 HILLVIEW AVENUE, PALO ALTO CA, 94304. The virtualization software provider can be reached via phone at 650-427-5000 or via email at [email protected]


MarketBeat Community Rating for VMware (NYSE VMW)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  1,184 (Vote Outperform)
Underperform Votes:  1,016 (Vote Underperform)
Total Votes:  2,200
MarketBeat's community ratings are surveys of what our community members think about VMware and other stocks. Vote "Outperform" if you believe VMW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VMW will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/18/2018 by MarketBeat.com Staff

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