SYMC - Symantec Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
20.745
+0.075 (+0.36%)
As of 12:55PM EDT. Market open.
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Previous Close20.670
Open20.750
Bid20.760 x 900
Ask20.770 x 1000
Day's Range20.560 - 20.780
52 Week Range17.810 - 33.920
Volume1,538,584
Avg. Volume8,396,903
Market Cap12.894B
Beta0.43
PE Ratio (TTM)11.32
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.30 (1.50%)
Ex-Dividend Date2018-08-17
1y Target EstN/A
Trade prices are not sourced from all markets
  • Did Microsoft’s Dividend Hike Impress Investors?
    Market Realist3 hours ago

    Did Microsoft’s Dividend Hike Impress Investors?

    Tech giant Microsoft (MSFT) has been returning cash to its investors and boosting its dividend payments for the last 14 years. Most recently, the company announced a rise in its quarterly dividend. The 9.5% hike in the company’s dividend was better than last year’s hike of 7.7%. A report by Morgan Stanley (MS) had stated earlier that Microsoft investors could expect an improved dividend payout in September.

  • Why KeyBanc Analyst Lowered Oracle’s Revenue Estimates
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    Why KeyBanc Analyst Lowered Oracle’s Revenue Estimates

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  • What Helped Oracle’s First-Quarter Results?
    Market Realistyesterday

    What Helped Oracle’s First-Quarter Results?

    Cloud services company Oracle (ORCL) easily topped earnings estimates in the fiscal 2019 first quarter. The company posted adjusted earnings of $0.71 per share, which exceeded Wall Street expectations of $0.69 per share and the year-ago earnings of $0.61 per share. Excluding currency headwinds, profits grew 19% YoY.

  • Symantec Shares Rose Yesterday, Limiting Its Poor Run in 2018
    Market Realistyesterday

    Symantec Shares Rose Yesterday, Limiting Its Poor Run in 2018

    Shares of cybersecurity company Symantec (SYMC) rose 4.3% on September 18. Symantec shares have fallen 26% in 2018. At that time, Symantec revealed that it was launching an internal investigation into concerns raised by a former employee.

  • Will Oracle’s Revenues Remain Sluggish?
    Market Realistyesterday

    Will Oracle’s Revenues Remain Sluggish?

    Revenues grew only 1% year-over-year (or YoY) in the quarter and were up 2% on a constant currency basis. In comparison, Oracle’s peer Microsoft (MSFT) beat its revenue estimates of $29.23 billion for the fiscal fourth quarter of 2018 and reported revenues of $30.1 billion. During the first quarter, revenue from Oracle’s cloud services and license support along with on-premise and cloud licenses came in at $7.5 billion, up 2% YoY.

  • Symantec to Provide Free Cyber Protection Ahead of Elections
    Zacksyesterday

    Symantec to Provide Free Cyber Protection Ahead of Elections

    Symantec (SYMC) seeks to leverage its technology to protect campaign and candidate websites against spoofing.

  • Oracle Stock Down after First-Quarter Revenues Missed Estimates
    Market Realistyesterday

    Oracle Stock Down after First-Quarter Revenues Missed Estimates

    On September 17, software and cloud services giant Oracle (ORCL) reported mixed results for its fiscal 2019 first quarter, which ended on August 31. Oracle managed to beat Wall Street expectations on earnings but missed revenue estimates in the quarter, which led to a decline in its stock price.

  • Symantec offers free anti-spoofing services to US political campaigns and election groups
    TechCrunch2 days ago

    Symantec offers free anti-spoofing services to US political campaigns and election groups

    Symantec is the latest private security company to offer its expertise to vulnerable political targets on the house. Today the company announced that it would extend its "Project Dolphin" service (dolphins eat phish, get it?) to political campaigns, candidates and election officials, all "prime target[s] for malicious actors seeking to influence the outcome of the upcoming U.S. midterm elections." The service allows for anyone to run a check on their own website to make sure no illegitimate or "spoofed" versions of it are floating around and luring unsuspecting victims. Individuals in those qualifying groups can sign up for free for Project Dolphin, Symantec's AI-powered system that scans for and notifies users of illegitimate websites pretending to be the real thing — just one flavor of the common hacking technique called "spoofing." Through spoofed sites, much like spoofed email accounts, hackers can steal login credentials and other sensitive data and wreak whatever kind of havoc they want, much like they did with the DNC prior to the 2016 US presidential election.

  • Reuters3 days ago

    Symantec names three Starboard nominees to board

    Starboard had nominated five directors to Symantec's board after taking a 5.8 percent stake in the company. The new board members are Starboard managing member and head of research Peter Feld, Marvell Technology Group Ltd (MRVL.O) Chairman Richard Hill and media analytics firm Comscore board member Dale Fuller. Symantec, which is carrying out an internal accounting probe, is cutting jobs in an attempt to improve margins.

  • Symantec names three Starboard nominees to board
    Reuters3 days ago

    Symantec names three Starboard nominees to board

    Starboard had nominated five directors to Symantec's board after taking a 5.8 percent stake in the company. The new board members are Starboard managing member and head of research Peter Feld, Marvell Technology Group Ltd (MRVL.O) Chairman Richard Hill and media analytics firm Comscore board member Dale Fuller. Symantec, which is carrying out an internal accounting probe, is cutting jobs in an attempt to improve margins.

  • MarketWatch3 days ago

    Symantec makes deal with Starboard for new board members

    Symantec Corp. announced Monday afternoon that it had reached a deal with activist investor Starboard Value LP for new board members. Symantec appointed three new directors, including Starboard managing member Peter Feld, to the board, and said it would negotiate with Starboard for one more member to be named after its annual meeting. Starboard had challenged Symantec by nominating five directors for a vote at the security-software company's annual meeting. Symantec said two directors, Steve Miller and Gerry Laybourne, will not stand for re-election at the annual meeting, and the board would eventually have 13 members after the pending appointment. Also named to the board Monday were former McAfee executive Dale Fuller and former Novellus Systems Inc. Chief Executive Richard Hill. Symantec stock has struggled since the company disclosed an investigation into whistleblower claims about its finances in May. The stock has fallen 27.7% in the past six months, as the S&P 500 index has gained 5.6%.

  • Reuters3 days ago

    Symantec appoints Starboard's Peter Feld to its board

    Symantec Corp said on Monday it appointed three independent directors to the cybersecurity firm's board, including Peter Feld from activist investor Starboard Value LP. Starboard had nominated five directors ...

  • See what the IHS Markit Score report has to say about Symantec Corp.
    Markit5 days ago

    See what the IHS Markit Score report has to say about Symantec Corp.

    Symantec Corp NASDAQ/NGS:SYMC

  • Can Palo Alto’s New Strategies Drive Its Security Business?
    Market Realist6 days ago

    Can Palo Alto’s New Strategies Drive Its Security Business?

    Cybersecurity company Palo Alto Networks (PANW) is expanding its product portfolio, adding new and updated products. In the last year, the company has launched updated versions of almost every one of its next-generation firewalls. It has also offered new solutions to clients. Palo Alto’s firewalls, combined with cloud-based subscriptions and technology, provide high-end network security protection, helping clients avoid implementing multiple-point cybersecurity solutions.

  • How Is Microsoft Returning Value to Shareholders?
    Market Realist14 days ago

    How Is Microsoft Returning Value to Shareholders?

    Tech giant Microsoft (MSFT) has been rewarding its shareholders with dividend payments. Microsoft usually announces a dividend hike in mid-September every year. According to a Morgan Stanley (MS) report, Microsoft investors expect an above-average double-digit dividend raise in September.

  • Why Analysts Maintain a Neutral View on Symantec Stock
    Market Realist14 days ago

    Why Analysts Maintain a Neutral View on Symantec Stock

    On August 27, 29 analysts tracked Symantec (SYMC) stock. Three rated SYMC as a “buy,” and 23 provided a “hold” rating. The company received one rating each of “overweight,” “underweight,” and “sell.” The chart below illustrates these ratings.

  • Is a Declining R&D Trend a Concern for Symantec?
    Market Realist15 days ago

    Is a Declining R&D Trend a Concern for Symantec?

    Regular R&D (research and development) expenses help tech-heavy companies such as Symantec (SYMC) gain market share and remain competitive. Symantec (SYMC) appears to be focusing more on mergers and acquisitions to expand its security product portfolio. In the last two years, Symantec has acquired several companies.

  • Symantec’s Strong Capital Return Policy
    Market Realist15 days ago

    Symantec’s Strong Capital Return Policy

    Symantec (SYMC) has maintained a strong share repurchase and regular dividend payment program. In the last five years, Symantec has returned $7.7 billion to its investors through dividends and share repurchases. The company returned an average of ~$1.5 billion per year to its stakeholders through share buybacks and dividend payments.

  • Analyzing the Geographic Revenue Trends for Symantec
    Market Realist16 days ago

    Analyzing the Geographic Revenue Trends for Symantec

    Symantec’s (SYMC) US region contributes ~60.0% to the company’s overall business. Although this region, which covers North America, generally comprises large deals, its deal conversion cycles remain slow. This trend has affected the cybersecurity firm’s top-line growth.

  • How Symantec Plans to Drive Its Margins
    Market Realist16 days ago

    How Symantec Plans to Drive Its Margins

    Symantec (SYMC) is aiming to cut down expenses to boost its margins. Its R&D (research and development) and sales and marketing expenses, which form more than 50.0% of the company’s total operating expenses, have continued to decline. In the chart above, we can see the non-GAAP operating margin trend in the last five quarters.

  • Why the Enterprise Security Business Is Looking Soft
    Market Realist16 days ago

    Why the Enterprise Security Business Is Looking Soft

    Symantec’s (SYMC) Enterprise Security business segment, which comprises ~50.0% of its total business, continued to witness declining sales in the last few quarters. Despite the launch of new products, the company’s Enterprise Security business seems to be struggling to retain its dominance in the endpoint security market. From the graph above, we can see the Enterprise Security unit revenue trends in the last five quarters.

  • What’s Driving Symantec’s Consumer Digital Safety Business?
    Market Realist17 days ago

    What’s Driving Symantec’s Consumer Digital Safety Business?

    Symantec’s (SYMC) Consumer Digital Safety business continues to witness stable growth, driven by the successful integration of its acquisition of Blue Coat Systems and LifeLock. The launch of new products such as Endpoint Protection 14 and Cloud Workload Protection, coupled with the availability of updates to its existing products, are also contributing to its Consumer Digital Safety business growth. The Consumer Digital Safety ARPU (average revenue per user) continues to sustain upward momentum, buoyed by the company’s strategy to sell bundled products to its clients.

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