The last trading range of the stock ranges between $13.69 and $13.99. (NASDAQ:SYMC) last announced its quarterly earnings data on Thursday, August 4th. The Average price target is noted at $55.31, this average price is calculated and based on coming up with go through the consensus of analysts and stock’s current price is placed at $34.82.
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3D Systems Corporation (NYSE:DDD) kept active in under and overvalue discussion, DDD holds price to book ratio of 2.75 that presents much better indicator to find market price of a share price over its book value of equity for investment valuation. Guggenheim initiated coverage on shares of Symantec Corp.in a research report on Wednesday.
Price Momentum: Despite the -1.47% drop in value, the stock’s new closing price reflects a -2.05% fall in price from company’s one year high of $25.37. The company had revenue of $884 million for the quarter, compared to the consensus estimate of $876.96 million. The company had an earnings per share of $0.36 a year ago, which again was for the period ended 2015-09-30. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell The mean price target for the shares of company is at $24.70 while the highest price target suggested by the analysts is $30.00 and low price target is $17.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating and twelve have issued a buy rating to the stock. The mean price target is calculated keeping in view the consensus of 22 brokerage firms. Finally, Standpoint Research cut shares of Symantec Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, July 12th. Tower Research Capital LLC TRC now owns 5,317 shares of the company’s stock valued at $109,000 after buying an additional 4,108 shares in the last quarter.
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On Sep 12, 2016 NVIDIA Corporation (NVDA) unveiled a palm-sized, energy-efficient artificial intelligence (AI) computer that automakers can use to power automated and autonomous vehicles for driving and mapping. The firm has a SMA 50 (Simple Moving Average) of $23.38 and a SMA 200-(Simple Moving Average) of $19.77. The stock appeared -2.05% below its 52-week highs and is up 1.43% for the last five trades. LLC increased its stake in shares of Symantec Corp.by 89.0% in the second quarter. FUKOKU MUTUAL LIFE INSURANCE Co raised its stake in shares of Symantec Corp.by 23.4% in the second quarter. Franklin Resources Inc. now owns 43,491,263 shares of the company’s stock worth $893,312,000 after buying an additional 6,147,041 shares in the last quarter. Mean recommendation on this stock is 2.10. Johnson Financial Group Inc. raised its stake in shares of Symantec Corp.by 10,503.6% in the second quarter. Stifel Financial Corp increased its stake in Symantec Corp.by 117.7% in the fourth quarter. “The goal of our business is to keep the world’s information safe and this requires a global culture of accountability”. The Top Midmarket IT Executives list will be reported at the 2016 Midsize Enterprise Summit West, to be held at the JW Marriot hotel in Austin, Texas, September 18-20. It is developing solutions for cloud, threat protection, information protection and cyber security services.
