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 24.19 (0.42% today). The market cap for Symantec Corporation is 15175.11, and is in the sector Technology, and Security Software & Services industry. The target price for Symantec Corporation is 25.02. Currently Symantec Corporation is trading with a P/E of *TBA, and a forward P/E of 14.02. Average volume for Symantec Corporation is 9069.2 and so far today it is 5650800.

Performance in the last year for Symantec Corporation has been 48.42%. For EPS growth, Symantec Corporation has seen a growth of -882.40%, and is looking to grow in the next year to 53.47%. More long term stats show that EPS growth has been -29.30% over the last five years and could be 12.18% for the next five years. Symantec Corporation has seen sales growth quarter over quarter at -41.00%, with EPS growth quarter over quarter at -37.10%. The 20-day simple moving average is -0.01%, with the 200-day simple moving average coming to 25.15%.

Since the IPO date for Symantec Corporation on the 3/26/1990, Symantec Corporation has seen performance year to date to be 45.27%. With Symantec Corporation trading at 24.19, the dividend yield is 1.24%, and the EPS is -1.34.

So could Symantec Corporation, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 5.08 and the P/B is at 3.94. The P/cash is 2.48, with P/free cash flow at *TBA.

Symantec Corporation ability to deal with debt shows that the current ratio is 2, and the quick ratio is *TBA. This is with long term debt/equity at 0.69, and total debt/equity at 0.85.

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

Insider ownership for Symantec Corporation, is at 1.00% and institutional ownership comes to 93.30%. Outstanding shares are at 627.33. While shares float is 618.69. The float short is currently 3.88%, and short ratio is 2.64.

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

Peter Clarke

Leave a Comment