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Mentor Graphics Beats Estimates, Mixed Guidance

Cypress Semiconductor Corporation (NASDAQ:CY)’s earnings per share growth ratio for the past 5 years was noted as -38.9% while revenue increase for the past 5 years was 12.9%.

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MENT, +6.00% reported lower earnings and revenue for the latest quarter, but the results weren’t as bad as had been feared, sending its shares higher. Wall Street is projecting earnings of $1.84 per share on revenue of $1.22 billion for fiscal 2017. On average, equities analysts expect that Mentor Graphics Corp. will post $1.68 earnings per share for the current fiscal year. 0 analysts call it Underweight, while 0 think it is Overweight.

In case of Revenue Estimates, 6 analysts have provided their consensus Average Revenue Estimates for Mentor Graphics Corporation as 309.56 Million.

Mentor Graphics has a PE of 28 with a one-year low of $16.10 and a one-year high of $28.09. Silvercrest Asset Management Group LLC now owns 1,837,644 shares of the company’s stock worth $37,360,000 after buying an additional 60,444 shares in the last quarter. The stock is now trading up its SMA 50 of $18.19. (NASDAQ:MENT) traded up 1.65% on Thursday, hitting $22.16. The stock has a consensus rating of Hold and a consensus price target of $24.67. Zacks Investment Research lowered Mentor Graphics Corp. from a strong-buy rating to a hold rating in a research report on Thursday, May 5th. DA Davidson downgraded the stock on August 19 to “Neutral” rating. The short interest to Mentor Graphics Corporation’s float is 6.79%. The Company has 52-week high of $28.09 and 52-week low of $16.1. In the current trading session, the stock’s price moved 16.62% above from its SMA-200. The Company Touched its 52-Week High on Nov 11, 2015 and 52-Week Low on Jan 20, 2016. Most recent session’s volume of 3.75 million shares greater than its average volume of 1.12 million shares. BTC Capital Management Inc. boosted its stake in Mentor Graphics Corp.by 30.8% in the first quarter. The company has market value of $2.52B. The Return on Equity (ROE) value stands at 0%.

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Historically the stock has climbed 9.26% in the past week and soared 8.30% in the last four weeks, the stock illustrate that its three months performance stands at 13.22% while its year to date performance is at 28.21%. 3 Months Ago, the stock has been rated as “Buy” from 1 Analysts.

Mentor Graphics