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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 21.82 (-0.32% today). The market cap for Symantec Corporation is 14206.61, and is in the sector Technology, and Security Software & Services industry. The target price for Symantec Corporation is 21.3. Currently Symantec Corporation is trading with a P/E of *TBA, and a forward P/E of 15.51. Average volume for Symantec Corporation is 10534.64 and so far today it is 2746524.

Performance in the last year for Symantec Corporation has been 24.94%. For EPS growth, Symantec Corporation has seen a growth of -882.40%, and is looking to grow in the next year to 30.17%. 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 -63.90%, with EPS growth quarter over quarter at -567.10%. The 20-day simple moving average is 10.50%, with the 200-day simple moving average coming to 25.63%.

Since the IPO date for Symantec Corporation on the 3/26/1990, Symantec Corporation has seen performance year to date to be 31.03%. With Symantec Corporation trading at 21.82, the dividend yield is 1.37%, 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 3.95 and the P/B is at 3.87. The P/cash is 2.36, 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 18.30% and a profit margin of 73.40%.Payout ratio for Symantec Corporation is 117.50%. Return on assets come to 21.60% with return on investment coming to -12.90%.

Insider ownership for Symantec Corporation, is at 0.40% and institutional ownership comes to 98.40%. Outstanding shares are at 649. While shares float is 613.61. The float short is currently 4.72%, and short ratio is 2.75.

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.

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Peter Clarke

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