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Morning Stock Stories: Symantec Corporation, (SYMC)

Friday February 24th 2017: Symantec Corporation, SYMC is in the exchange NASDAQ and its industry is Security Software & Services in the sector of Technology. Based in USA, Symantec Corporation, SYMC  has a market cap of 18.24 B. Since its IPO date on the 3/26/1990, Symantec Corporation, SYMC performance year to date is 25.24%. Today Symantec Corporation, SYMC has gained 1.34%, with a current price of 30.32.

Ownership of the company is 0.60% for insider ownership while institutional ownership is 98.90%. The management of the company have seen the company have a payout ratio of *TBA. Return of assets are at -0.70%, with return on investment at -0.60%.

In terms of debt levels and profit levels, Symantec Corporation, SYMC is seeing a long-term debt/equity of 1.97. While Total debt/equity is 2.35. With a profit margin of -2.60%, this is combined with a gross margin of 78.80%, and operating margin of -2.50%. Symantec Corporation ability to meet debt levels, with a current ratio of 1.2, while the quick ratio is 1.2.

For the last year Symantec Corporation, SYMC has seen a EPS growth of 68.80%. A performance for the year of 42.34%. The 52-week high is -8.73%, and the 52-week low is 51.18%. The average volume for Symantec Corporation, SYMC is 1992588.

With a target price of 32.96, can Symantec Corporation, SYMC reach this target? Looking at the value indicators of Symantec Corporation, SYMC. Symantec Corporation has a P/E of *TBA and a forward P/E of 14.92. Perhaps the more useful indicator than P/E, is PEG which has a value of *TBA. Symantec Corporation also has a P/S and a P/B of 4.54 and 5.3 respectively. For P/cash, Symantec Corporation has a value of *TBA, while it is *TBA for P/free cash flow.

At the current price of 30.32, Symantec Corporation has a dividend yield of 1.00%. We see a return on equity of -2.80%.

Looking more long-term Symantec Corporation, is projected to get an EPS growth for the next five years of 22.00%. In the short-term an EPS growth of 12.38% in the next year is forecasted. This is after a EPS growth of 68.80% for this year and for the last five years a -17.50% growth has been seen.

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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Tony Dabbs

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