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.
Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustrySystems Software
SectorComputer and Technology
SymbolNYSE:VMW
CUSIP92856340
Phone650-427-5000
Debt
Debt-to-Equity Ratio0.44
Current Ratio3.04
Quick Ratio3.04
Price-To-Earnings
Trailing P/E Ratio38.86
Forward P/E Ratio31.85
P/E Growth2.64
Sales & Book Value
Annual Sales$7.92 billion
Price / Sales7.70
Cash Flow$4.7247 per share
Price / Cash31.75
Book Value$23.74 per share
Price / Book6.32
Profitability
EPS (Most Recent Fiscal Year)$3.86
Net Income$570 million
Net Margins15.61%
Return on Equity19.58%
Return on Assets8.45%
Miscellaneous
Employees21,700
Outstanding Shares406,860,000
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 initiated a share repurchase program on Wednesday, August 16th 2017, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 2.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its stock is undervalued.
How were VMware's earnings last quarter?
VMware, Inc. (NYSE:VMW) posted its quarterly earnings data on Thursday, May, 31st. The virtualization software provider reported $1.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.15 by $0.11. The virtualization software provider had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.96 billion. VMware had a return on equity of 19.58% and a net margin of 15.61%. VMware's quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.99 earnings per share. View VMware's Earnings History.
When is VMware's next earnings date?
What guidance has VMware issued on next quarter's earnings?
VMware updated its FY19 earnings guidance on Friday, June, 1st. The company provided earnings per share guidance of approx $6.14 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $6.02. The company issued revenue guidance of approx $8.78 billion, compared to the consensus revenue estimate of $8.73 billion.VMware also updated its Q2 guidance to approx $1.49 EPS.
What price target have analysts set for VMW?
30 Wall Street analysts have issued 1-year target prices for VMware's shares. Their forecasts range from $94.00 to $175.00. On average, they expect VMware's stock price to reach $139.72 in the next year. 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. 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)
- 2. 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)
- 3. According to Zacks Investment Research, "VMware shares have outperformed the industry in the past year. The company is benefiting from robust performance of its product offerings like NSX, vSphere and vSAN. VMware has been consistently taking initiatives to diversify its product portfolio to include most of the IT infrastructure. Moreover, partnerships with the likes of IBM, Amazon, Pivotal, and Alphabet along with continuing enterprise deal wins continue to drive growth. However, heavy spending on R&D may weigh on its margins. Intensifying competition from Microsoft and Citrix Systems is also a concern." (5/4/2018)
- 4. Maxim Group analysts commented, "Strong license revenue results, largely as a result of booked DXC deal from October Quarter. Management maintained normalized FY19 revenue growth of up 10% y/y and well-above consensus EPS and FCF guidance, primarily due to a lower tax rate. Raising 12-month price target to $134 largely on lower tax rate, from $123. Maintaining Hold rating, especially as risks associated with a reverse merger appear material." (3/6/2018)
Who are some of VMware's key competitors?
Some companies that are related to VMware include Oracle (ORCL), SAP (SAP), Adobe Systems (ADBE), salesforce.com (CRM), Activision Blizzard (ATVI), Intuit (INTU), Electronic Arts (EA), Dassault Systemes (DASTY), ServiceNow (NOW), Autodesk (ADSK), Square (SQ), Shopify (SHOP), Splunk (SPLK), Check Point Software Technologies (CHKP) and ANSYS (ANSS).
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?
Media coverage about VMW stock has been trending somewhat negative this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. VMware earned a coverage optimism score of -0.02 on Accern's scale. They also assigned news coverage about the virtualization software provider an impact score of 44.81 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are VMware's major shareholders?
VMware's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (1.07%), Cisco Systems Inc. (0.48%), Jericho Capital Asset Management L.P. (0.45%), Old Mutual Global Investors UK Ltd. (0.41%), Robeco Institutional Asset Management B.V. (0.24%) and Wells Fargo & Company MN (0.22%). Company insiders that own VMware stock include Egon Durban, Maurizio Carli, P Kevan Krysler, Rajiv Ramaswami, Rangarajan (Raghu) Raghuram, S Dawn Smith, 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., Wells Fargo & Company MN, Cisco Systems Inc., American Century Companies Inc., Smith Asset Management Group LP, Allianz Asset Management GmbH, Allianz Asset Management GmbH and Nomura Asset Management Co. Ltd.. Company insiders that have sold VMware company stock in the last year include Egon Durban, Maurizio Carli, P Kevan Krysler, 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 Jericho Capital Asset Management L.P., Cookson Peirce & Co. Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Catalyst Capital Advisors LLC, Darrell & King LLC, Natixis, Cubist Systematic Strategies LLC and A.R.T. Advisors 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 $150.01.
How big of a company is VMware?
VMware has a market capitalization of $61.86 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 (VMW)
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.
