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

$172.26
+1.39 (+0.81 %)
(As of 06/26/2019 04:00 PM ET)
Today's Range
$172.00
Now: $172.26
$177.18
50-Day Range
$167.52
MA: $184.70
$205.62
52-Week Range
$129.33
Now: $172.26
$206.80
Volume947,800 shs
Average Volume1.27 million shs
Market Capitalization$70.49 billion
P/E Ratio34.94
Dividend YieldN/A
Beta0.9
VMware, Inc provides software in the areas of hybrid cloud, multi-cloud, modern applications, networking and security, and digital workspaces 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; and cloud management products for businesses with automated operation, programmable provisioning, and application monitoring solutions. Read More…

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustrySystems Software
SectorComputer and Technology
CUSIP92856340
Phone650-427-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.97 billion
Cash Flow$6.3776 per share
Book Value$1.37 per share

Profitability

Net Income$2.42 billion

Miscellaneous

Employees24,200
Market Cap$70.49 billion
Next Earnings Date8/22/2019 (Estimated)
OptionableOptionable

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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 often does VMware pay dividends? What is the dividend yield for VMware?

VMware declared a dividend on Tuesday, December 11th. Stockholders of record on Thursday, December 27th will be given a dividend of $26.81 per share on Friday, December 28th. The ex-dividend date is Monday, December 31st. View VMware's Dividend History.

How will VMware's stock buyback program work?

VMware announced that its board has authorized a share repurchase 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 repurchase up to 2.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.

How were VMware's earnings last quarter?

VMware, Inc. (NYSE:VMW) posted its quarterly earnings results on Thursday, May, 30th. The virtualization software provider reported $1.32 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.42. The virtualization software provider earned $2.27 billion during the quarter, compared to analysts' expectations of $2.25 billion. VMware had a net margin of 21.50% and a return on equity of 36.48%. The company's quarterly revenue was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.26 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, August 22nd 2019. View Earnings Estimates for VMware.

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

VMware issued an update on its FY20 earnings guidance on Thursday, May, 30th. The company provided earnings per share (EPS) guidance of $6.49 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.52. The company issued revenue guidance of $10.03 billion, compared to the consensus revenue estimate of $10.04 billion.

What price target have analysts set for VMW?

23 Wall Street analysts have issued 1 year price targets for VMware's stock. Their predictions range from $130.00 to $235.00. On average, they anticipate VMware's stock price to reach $192.9048 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price. View Analyst Price Targets for VMware.

What is the consensus analysts' recommendation for VMware?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VMware in the last year. There are currently 2 sell ratings, 7 hold ratings and 14 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 first-quarter fiscal 2020 results. Both earnings and revenues increased on a year-over-year basis. Strong top-line growth was primarily driven by robust performance from NSX, VeloCloud and vSAN product lines. VMware’s dominance in software-defined data center (SDDC) and the expanding customer base in cloud driven by partnerships with the likes of IBM and AWS are positives. Shares have outperformed the industry on a year-to-date basis. Nevertheless, growth in license bookings has been muted for the last few quarters, owing to customer delays and macro-economic weakness in some key regions. Moreover, VMware’s margins are expected to remain under pressure due to heavy spending. Intensifying competition is also a concern." (6/5/2019)
  • 2. Maxim Group analysts commented, "April quarter license billings impressively sustain mid-teen growth, despite compute license decelerating in-line with our preview. FY20 guidance maintained and likely embeds slowing incremental Dell synergies and a signal of macro caution as echoed by April Q reporting companies and our industry preview. Maintain Hold rating." (5/31/2019)
  • 3. 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)

Has VMware been receiving favorable news coverage?

News articles about VMW stock have been trending positive recently, according to InfoTrie. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. VMware earned a news sentiment score of 2.3 on InfoTrie's scale. They also assigned media headlines about the virtualization software provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for VMware.

Are investors shorting VMware?

VMware saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 5,487,800 shares, an increase of 10.0% from the May 15th total of 4,987,900 shares. Based on an average daily volume of 1,130,000 shares, the days-to-cover ratio is currently 4.9 days. Approximately 7.1% of the company's stock are sold short. View VMware's Current Options Chain.

Who are some of VMware's key competitors?

What other stocks do shareholders of VMware own?

Based on aggregate information from My MarketBeat watchlists, some companies that other VMware investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), salesforce.com (CRM), Adobe (ADBE), Micron Technology (MU), Paypal (PYPL), Cisco Systems (CSCO), Visa (V) and Intel (INTC).

Who are VMware's key executives?

VMware's management team includes the folowing people:
  • Mr. Patrick P. Gelsinger, CEO & Director (Age 58)
  • Mr. Zane C. Rowe, CFO & Exec. VP (Age 48)
  • Mr. Maurizio Carli, Exec. VP of Worldwide Sales & Services (Age 60)
  • Mr. Rangarajan Raghuram, Chief Operating Officer of Products & Cloud Services (Age 56)
  • Mr. Sanjay J. Poonen, Chief Operating Officer of Customer Operations (Age 49)

Who are VMware's major shareholders?

VMware's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.01%), Clearbridge Investments LLC (0.53%), Investec Asset Management LTD (0.52%), Primecap Management Co. CA (0.31%), Wells Fargo & Company MN (0.25%) and First Trust Advisors LP (0.18%). Company insiders that own VMware stock include Amy Fliegelman Olli, Egon Durban, Maurizio Carli, Michael W Brown, 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 Investec Asset Management LTD, BlackRock Inc., Ackerman Capital Advisors LLC, Artisan Partners Limited Partnership, Candriam Luxembourg S.C.A., Robeco Institutional Asset Management B.V., Primecap Management Co. CA and Gateway Investment Advisers LLC. Company insiders that have sold VMware company stock in the last year include Amy Fliegelman Olli, Maurizio Carli, Michael W Brown, 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 purchased by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., First Trust Advisors LP, Nordea Investment Management AB, Wells Fargo & Company MN, Clearbridge Investments LLC, TD Asset Management Inc., Los Angeles Capital Management & Equity Research Inc. and Andra AP fonden. 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 $172.26.

How big of a company is VMware?

VMware has a market capitalization of $70.49 billion and generates $8.97 billion in revenue each year. The virtualization software provider earns $2.42 billion in net income (profit) each year or $4.93 on an earnings per share basis. VMware employs 24,200 workers across the globe.View Additional Information About VMware.

What is VMware's official website?

The official website for VMware is http://www.vmware.com/.

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:  1,305 (Thanks for Voting!)
Underperform Votes:  1,079 (Thanks for Voting!)
Total Votes:  2,384
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 6/26/2019 by MarketBeat.com Staff

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