Stock Updates

Is this Large Market Cap Stock target price reasonable for Symantec Corporation (NASDAQ:SYMC)?

The company in question is, Symantec Corporation (NASDAQ:SYMC) currently with a stock price of 20.42 (0.69% today). The market cap for Symantec Corporation is 12417.24, and is in the sector Technology, and Security Software & Services industry. The target price for Symantec Corporation is 20.77. Currently Symantec Corporation is trading with a P/E of *TBA, and a forward P/E of 14.41. Average volume for Symantec Corporation is 10586.35 and so far today it is 3163525.

Performance in the last year for Symantec Corporation has been 12.67%. For EPS growth, Symantec Corporation has seen a growth of -882.40%, and is looking to grow in the next year to 29.92%. More long term stats show that EPS growth has been -29.30% over the last five years and could be 10.34% for the next five years. Symantec Corporation has seen sales growth quarter over quarter at -2.90%, with EPS growth quarter over quarter at 1061.90%. The 20-day simple moving average is 8.00%, with the 200-day simple moving average coming to 19.17%.

Since the IPO date for Symantec Corporation on the 3/26/1990, Symantec Corporation has seen performance year to date to be 21.39%. With Symantec Corporation trading at 20.42, the dividend yield is 1.48%, and the EPS is -1.28.

So could Symantec Corporation, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 3.45 and the P/B is at 3.58. The P/cash is 2.06, with P/free cash flow at *TBA.

Symantec Corporation ability to deal with debt shows that the current ratio is 1.7, and the quick ratio is *TBA. This is with long term debt/equity at 0.6, and total debt/equity at 0.6.

In terms of margins, Symantec Corporation has a gross margin of 82.90%, an operating margin of 12.70% and a profit margin of 69.10%.Payout ratio for Symantec Corporation is 120.60%. Return on assets come to 20.30% with return on investment coming to -12.90%.

Insider ownership for Symantec Corporation, is at 0.40% and institutional ownership comes to 99.10%. Outstanding shares are at 612.29. While shares float is 610.33. The float short is currently 5.35%, and short ratio is 3.09.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Tony Dabbs

Leave a Comment