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

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$158.58 -2.83 (-1.75 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$158.58
Today's Range$158.45 - $162.49
52-Week Range$108.46 - $169.25
Volume1.32 million shs
Average Volume1.96 million shs
Market Capitalization$66.47 billion
P/E Ratio41.08
Dividend YieldN/A
Beta0.77
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

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

Debt

Debt-to-Equity Ratio0.39
Current Ratio3.04
Quick Ratio3.01

Price-To-Earnings

Trailing P/E Ratio41.08
Forward P/E Ratio33.25
P/E Growth2.42

Sales & Book Value

Annual Sales$7.92 billion
Price / Sales8.18
Cash Flow$4.6682 per share
Price / Cash Flow33.97
Book Value$26.69 per share
Price / Book5.94

Profitability

EPS (Most Recent Fiscal Year)$3.86
Net Income$570 million
Net Margins17.03%
Return on Equity19.62%
Return on Assets8.44%

Miscellaneous

Employees21,700
Outstanding Shares408,730,000
Market Cap$66.47 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 will VMware's stock buyback program work?

VMware announced that its board has approved a stock repurchase program on Wednesday, August 16th 2017, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 2.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its stock is undervalued.

How were VMware's earnings last quarter?

VMware, Inc. (NYSE:VMW) posted its quarterly earnings data on Thursday, November, 29th. The virtualization software provider reported $1.56 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.42. The virtualization software provider had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.17 billion. VMware had a return on equity of 19.62% and a net margin of 17.03%. The firm's revenue was up 13.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.34 EPS. View VMware's Earnings History.

When is VMware's next earnings date?

VMware is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for VMware.

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

VMware updated its FY19 earnings guidance on Thursday, November, 29th. The company provided earnings per share (EPS) guidance of approx $6.22 for the period, compared to the Thomson Reuters consensus EPS 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?

24 brokers have issued 1-year target prices for VMware's stock. Their predictions range from $124.00 to $200.00. On average, they expect VMware's stock price to reach $169.45 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View Analyst Price Targets for VMware.

What is the consensus analysts' recommendation for VMware?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VMware in the last year. There are currently 1 sell rating, 8 hold ratings and 15 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 third-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. Management raised fiscal 2019 guidance. 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 in the long haul. Shares have outperformed the industry on a year-to-date basis. Nevertheless, VMware’s margins are expected to be dragged down due to heavy spending. Intensifying competition is also a concern." (12/6/2018)
  • 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)

Has VMware been receiving favorable news coverage?

Headlines about VMW stock have trended somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. VMware earned a media sentiment score of 0.7 on InfoTrie's scale. They also gave news headlines about the virtualization software provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term.

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. Maurizio Carli, Exec. VP of Worldwide Sales & Services (Age 59)
  • Mr. Rangarajan Raghuram, Chief Operating Officer of Products & Cloud Services (Age 55)
  • Mr. Sanjay J. Poonen, Chief Operating Officer of Customer Operations (Age 48)

Who are VMware's major shareholders?

VMware's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.35%), Renaissance Technologies LLC (1.26%), Vanguard Group Inc. (1.07%), Vanguard Group Inc (1.07%), Clearbridge Investments LLC (0.56%) and Primecap Management Co. CA (0.40%). Company insiders that own VMware stock include Amy Fliegelman Olli, 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 Dodge & Cox, Dodge & Cox, Robeco Institutional Asset Management B.V., Robeco Institutional Asset Management B.V., Morgan Stanley, Glenmede Trust Co. NA, Renaissance Technologies LLC and Marshall Wace North America L.P.. Company insiders that have sold VMware company stock in the last year include Amy Fliegelman Olli, 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 BlackRock Inc., American Century Companies Inc., MARSHALL WACE ASIA Ltd, Vanguard Group Inc, Vanguard Group Inc., Alliancebernstein L.P., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and Edgestream Partners L.P.. 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 $158.58.

How big of a company is VMware?

VMware has a market capitalization of $66.47 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:  1,249 (Vote Outperform)
Underperform Votes:  1,036 (Vote Underperform)
Total Votes:  2,285
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 12/15/2018 by MarketBeat.com Staff

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