Analyst Ratings for Symantec Corp. (SYMC)Updated: 2017-07-29
Analysts covering Symantec Corp. (NASDAQ:SYMC) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for SYMC last month.
Of the 30 analysts covering the stock, 11 gave it a buy rating, 1 issued an overweight rating, 17 gave a hold rating, 1 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for SYMC. The highest price target was 40, implying a possible profit of 28.91 percent. The minimum price target given was 19, implying a possible loss of -38.77 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 4.55 percent on average, compared to last month. That number becomes -35.21 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 1.36 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.72 percent.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
In the trailing 52-weeks, SYMC hit 33.22 at the highest peak, while it's lowest trading point was 20.29. The current market price is above the trailing year's low by 52.93 percent, and 6.59 percent lower than its 52-week high. SYMC has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The SYMC value stock report compares SYMC to some of its peers using value stock charts. The stock has a market capitalization of $18.82 billion. SYMC will post this quarters earnings in days, on 0000-00-00.