Economy

What The Sell-Side Thinks Of Symantec Corporation (SYMC), Kohl's Corporation (KSS)

What The Sell-Side Thinks Of Symantec Corporation (SYMC), Kohl's Corporation (KSS)

Analysts on average have given a price target of $30.17 to Symantec Corporation (SYMC) stock. Gotham Asset Mgmt Limited Liability Corporation accumulated 1.00M shares or 0.31% of the stock. They now have a Dollars 31 price target on the stock.

A number of equities research analysts have weighed in on SYMC shares.

According to TipRanks.com, Eyal is a top 100 analyst with an average return of 12.6% and a 67.2% success rate. Morgan Stanley increased their price objective on shares of Symantec from $33.00 to $37.00 and gave the stock an "overweight" rating in a research note on Wednesday, March 22nd. The 52-week range is $32.31 to $58.88 and the consensus target price is $42.57.

Shares of Symantec were trading down over 5% to $31.36 on Thursday. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and twelve have assigned a buy rating to the company's stock. They now have a United States dollars 29 price target on the stock.

Shares of Symantec (NASDAQ:SYMC) traded down 1.43% during mid-day trading on Thursday, hitting $31.01.

The share price of Symantec Corporation (NASDAQ:SYMC) was down -5.07% during the last trading session, with a day high of 32.10.

Symantec Corp's market cap is now $20.5B and has a P/E ratio of 10.53.

The stock's price switched up 6.11% 20-Days Simple Moving Average, added 8.27% from 50-Days Simple Moving Average and rose 26.44% from 200 Days Simple Moving Average. The stock appeared -6.49% below its 52-week highs and is down -2.36% for the last five trades. Symantec also saw some unusual options trading on Thursday. The stock went up 16.14% at some stage in past quarter. This is an increase of approximately 861% compared to the average volume of 1,677 call options.

While taking a look at financials, we can look at a number of key indicators about Symantec Corporation (SYMC) .

An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings. The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.18 billion. But that doesn't mean they can't hold interesting information about equity market returns.

The company reported an impressive total revenue of 3.6 Billion in the last fiscal year. During the same period previous year, the company posted $0.22 EPS. Stockholders of record on Wednesday, June 7th will be paid a $0.075 dividend. The ex-dividend date of this dividend is Monday, June 5th. Symantec's dividend payout ratio is now 9.35%.

WARNING: This piece was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of USA and global copyright & trademark laws. Evercore upgraded Symantec Corporation (NASDAQ:SYMC) on Wednesday, June 29 to "Hold" rating. On Monday, August 17 the stock rating was upgraded by Zacks to "Sell". The shares were sold at an average price of $30.22, for a total transaction of $60,440.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

On 2/28/2017 Michael David Fey, Insider, sold 13,215 with an average share price of $28.62 per share and the total transaction amounting to $378,213.30. The disclosure for this sale can be found here. The stock climbed 16.14 percent over the past quarter, while surged 36.6 percent over the past six months. LAYBOURNE GERALDINE B also sold $217,671 worth of Symantec Corporation (NASDAQ:SYMC) shares. LMR Partners LLP increased its stake in Symantec by 96.4% in the third quarter.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Symantec Corporation the EPS stands at 0.28 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.28, suggesting the stock fell short of the analysts' expectations. Nordea Investment Management AB increased its stake in Symantec by 5.7% in the third quarter. Lone Pine Capital LLC bought a new position in Symantec during the fourth quarter worth $317,066,000. Franklin Resources invested 0.51% of its portfolio in Symantec Corporation (NASDAQ:SYMC). Rothschild Asset Management Inc. now owns 22,941 shares of the technology company's stock worth $576,000 after buying an additional 2,638 shares in the last quarter. OMERS ADMINISTRATION Corp increased its position in Symantec by 33.1% in the third quarter. Dodge & Cox bought a new position in Symantec during the fourth quarter worth $180,155,000.

Symantec Corporation (SYMC) belongs to the "Technology" sector with an industry focus on "Security Software & Services", with Mr. Scott C. Taylor as Exec. VP, Gen. Counsel and Sec. The Company offers products under categories, such as threat protection, information protection, cyber security services and Website security.