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 23.08 (0.70% today). The market cap for Symantec Corporation is 14049.96, and is in the sector Technology, and Security Software & Services industry. The target price for Symantec Corporation is 23.28. Currently Symantec Corporation is trading with a P/E of *TBA, and a forward P/E of 13.3. Average volume for Symantec Corporation is 10676.79 and so far today it is 4673187.

Performance in the last year for Symantec Corporation has been 35.04%. For EPS growth, Symantec Corporation has seen a growth of -882.40%, and is looking to grow in the next year to 54.39%. More long term stats show that EPS growth has been -29.30% over the last five years and could be 10.10% 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 12.23%, with the 200-day simple moving average coming to 31.04%.

Since the IPO date for Symantec Corporation on the 3/26/1990, Symantec Corporation has seen performance year to date to be 37.19%. With Symantec Corporation trading at 23.08, the dividend yield is 1.31%, 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 4.71 and the P/B is at 3.73. The P/cash is 2.3, 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 99.00%. Outstanding shares are at 613. While shares float is 612.07. The float short is currently 3.81%, and short ratio is 2.18.

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