Symantec Corporation (NASDAQ:SYMC)- Profitability Margin Analysis Delights Active Investors

Symantec Corporation (NASDAQ:SYMC) kept active in technical ratio analysis, on current situation shares price rose 1.45% to $30.03. The total volume of 8.41 Million shares held in the session, while on average its shares change hands 6339.41 shares.

Efficiency Evaluation in Focus

Entering into profitability analysis, the co has noticeable returns on equity ratio of 54.60%, which discloses how corporation’s management efficiently generates profit from shareholders invested money. The returns on investment very popular metric among passive investors, it stands at -12.90%, when it lies in positive figure than security is feasible for investment or goes for higher ROI stocks. To see the other side of picture, profit margin of Symantec Corporation (NASDAQ:SYMC) stands at positive 55.10%; that indicates a firm actually every dollar of sales keeps in earnings. The 14.60% returns on assets present notable condition of firm. Mostly ROA known as a comparative measure, it is best to compare it against a firm’s previous ROA numbers or the ROA of a same firm.

Analysts Recommendation

Finally to see some strong financial remarks by WSJ over SYMC performance. Out of the pool of analysts 11 gave their BUY ratings on the stock in previous month as 11 analysts having BUY in current month. The stock was ranked as Underweight by 1 analyst while 2 analysts gave SELL rank. Majority ranked Overweight from the pool of analysts.

The next year first quarter EPS estimates trend for current period shows $0.28 while one month ago this estimate trend was for $0.28. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $1.74 and for the one month was for $1.03 as compared to three months ago was for $1.03. Whereas, SYMC received highest price target of 35 and low target of 18. The stock price target chart showed average price target of 29.04 as compared to current price of 30.03.

Following previous ticker characteristics, Symantec Corporation (NASDAQ:SYMC) also run on active notice, stock price rose 1.45% after traded at $30.03 in most recent trading session.

SYMC price to current year EPS stands at -882.40%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 47.81%. The earning yield also gives right direction to lure investment, as the co has 1% dividend yield. Moving toward ratio analysis, it has current ratio of 1.80 and quick ratio was calculated as 1.80. The debt to equity ratio appeared as 1.81 for seeing its liquidity position.

To find out the technical position of SYMC, Symantec Corporation (NASDAQ:SYMC) holds price to book ratio of 4.71 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. It has forward price to earnings ratio of 17.10.

Taking notice on volatility measures, price volatility of stock was 1.84% for a week and 1.66% for a month. The price volatility’s Average True Range for 14 days was 0.52. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.50 out of 1-5 scale with week’s performance of 2.77%. Symantec Corporation (NASDAQ:SYMC) ‘s institutional ownership was registered as 97.90%, while insider ownership was 0.80%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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