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.
Several price targets were given for SYMC by the analysts covering the stock. The most optimistic analyst gave a price target of 40, which equates to a potential upside of 28.91 percent. The most pessimistic price target was 19, which equates to a potential downside 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. Over the past 30 days, FY earnings estimates have also changed upwards by 1.36 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.72 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
In the last 52-weeks, SYMC has achieved a high of 33.22 and a low of 20.29. Today's price is 52.93 percent above the 52-week low, and 6.59 percent below the high. SYMC has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.