Symantec Corporation (NASDAQ:SYMC) kept active in under and overvalue discussion, SYMC holds price to book ratio of 3.94 that presents much better indicator to find market price of a share price over its book value of equity for investment valuation.
Fundament/ News Factor in Focus
Taking look on ratio analysis, SYMC has forward price to earnings ratio of 14.22. The co is presenting price to cash flow as 2.73, the low single digit may indicate stock is undervalued and vise versa. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower.
The firm has price volatility of 3.09% for a week and 2.68% for a month. Its beta stands at 1.22 times. Narrow down four to firm performance, its weekly performance was -0.13% and monthly performance was 2.15%.
Ciena Corporation (NYSE:CIEN) runs in leading trade, it are dropping -0.63% to traded at $21.81. CIEN attains analyst recommendation of 1.90 on scale of 1-5 with week’s performance of -2.44%.
To find out the technical position of CIEN, it holds price to book ratio of 4.22 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. It has forward price to earnings ratio of 12.78, and price to earnings ratio calculated as 197.75. The price to earnings growth ration calculated as 11.86. CIEN is presenting price to cash flow of 2.66 and free cash flow concluded as 22.87.
EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 125.30%, and looking further price to next year’s EPS is 20.24%. While take a short look on price to sales ratio, that was 1.19 and price to earning ration of 197.75 attracting passive investors.