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

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$170.35 -0.41 (-0.24 %)
(As of 02/21/2019 03:10 PM ET)
Previous Close$170.76
Today's Range$169.00 - $172.64
52-Week Range$113.30 - $171.12
Volume30,571 shs
Average Volume1.16 million shs
Market Capitalization$69.82 billion
P/E Ratio44.22
Dividend YieldN/A
Beta0.73
VMware, 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.92 billion
Cash Flow$4.7972 per share
Book Value$19.26 per share

Profitability

Net Income$570 million

Miscellaneous

Employees21,700
Market Cap$69.82 billion
OptionableOptionable

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 paid a dividend of $26.81 per share on Friday, December 28th. The ex-dividend date of this dividend is Monday, December 31st. View VMware's Dividend History.

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 repurchase up to 2.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its shares are undervalued.

How were VMware's earnings last quarter?

VMware, Inc. (NYSE:VMW) issued its earnings results on Thursday, November, 29th. The virtualization software provider reported $1.56 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.14 by $0.42. The virtualization software provider had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.17 billion. VMware had a return on equity of 19.62% and a net margin of 17.03%. The business's revenue was up 13.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.34 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, February 28th 2019. View Earnings Estimates for VMware.

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

VMware issued an update on its FY19 earnings guidance on Thursday, November, 29th. The company provided EPS guidance of approx $6.22 for the period, compared to the Thomson Reuters consensus estimate of $6.17. The company issued revenue guidance of approx $8.882 billion, compared to the consensus revenue estimate of $8.83 billion.VMware also updated its FY 2019 guidance to $6.22-6.22 EPS.

What price target have analysts set for VMW?

23 brokerages have issued 12-month price targets for VMware's stock. Their predictions range from $125.00 to $200.00. On average, they expect VMware's stock price to reach $167.3333 in the next twelve months. This suggests that the stock has a possible downside of 1.8%. 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 1 sell rating, 9 hold ratings and 13 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’s margins are expected to be dragged down due to heavy spending. Intensifying competition from Microsoft and software vendors such as Citrix Systems is a major concern. Moreover, growth in license bookings has been muted for the last few quarters owing to customer delays and macro-economic weakness in some key regions. Nevertheless, VMware has been consistently taking initiatives to diversify its product portfolio to include most of the IT infrastructure. The company’s dominance in software-defined data center (SDDC) along with expanding customer base in cloud driven by partnerships with the likes of IBM and AWS is positive. Moreover, continuing enterprise deal wins will drive growth. Shares have outperformed the industry in the past year." (1/30/2019)
  • 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)

Has VMware been receiving favorable news coverage?

Media headlines about VMW stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. VMware earned a news impact score of 0.9 on InfoTrie's scale. They also assigned media headlines about the virtualization software provider a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.

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 Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Micron Technology (MU), salesforce.com (CRM), Paypal (PYPL), Adobe (ADBE), Twitter (TWTR), Visa (V) and Gilead Sciences (GILD).

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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.08%), Investec Asset Management LTD (0.59%), Two Sigma Advisers LP (0.30%), APG Asset Management N.V. (0.24%), Geode Capital Management LLC (0.16%) and Northern Trust Corp (0.16%). 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 BlackRock Inc., First Trust Advisors LP, Millennium Management LLC, Two Sigma Investments LP, KBC Group NV, APG Asset Management N.V., Two Sigma Advisers LP and Amundi Pioneer Asset Management Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Castle Hook Partners LP, Ackerman Capital Advisors LLC, Hsbc Holdings PLC, Nordea Investment Management AB, Standard Life Aberdeen plc, Meritage Portfolio Management, Bank of New York Mellon Corp and TD Asset Management Inc.. 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 $170.35.

How big of a company is VMware?

VMware has a market capitalization of $69.82 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.

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:  1,265 (Vote Outperform)
Underperform Votes:  1,051 (Vote Underperform)
Total Votes:  2,316
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 2/21/2019 by MarketBeat.com Staff

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