SYMC - Symantec Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
+0.42 (+2.12%)
As of 12:18PM EDT. Market open.
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Previous Close19.78
Bid20.16 x 2900
Ask20.17 x 800
Day's Range19.82 - 20.24
52 Week Range17.81 - 32.95
Avg. Volume8,514,796
Market Cap12.555B
Beta (3Y Monthly)0.34
PE Ratio (TTM)11.02
EPS (TTM)1.83
Earnings DateOct 30, 2018 - Nov 5, 2018
Forward Dividend & Yield0.30 (1.53%)
Ex-Dividend Date2018-08-17
1y Target Est22.11
Trade prices are not sourced from all markets
  • Why FireEye Stock Is Overvalued
    Market Realist3 hours ago

    Why FireEye Stock Is Overvalued

    On October 11, FireEye (FEYE) was trading at a forward EV-to-EBITDA multiple of ~26.1x as compared to the industry average of 8.1x, which indicates that the stock is trading at a huge premium as compared to its industry average. The company’s products are gradually becoming the first line of defense for many organizations, which is a positive for the company. Moreover, the higher adoption of the Helix interface, iSIGHT Intelligence, and the Mandiant service is further allowing analysts to remain bullish on FireEye stock.

  • Can Symantec Stock Rise after Significant Decline in 2018?
    Market Realist4 days ago

    Can Symantec Stock Rise after Significant Decline in 2018?

    Cybersecurity company Symantec (SYMC) has declined 38% in the last 12 months, 30% since the start of 2018, and 8.6% in October. The stock fell a whopping 33% on May 11 this year after Symantec revealed that it was launching an internal investigation into concerns raised by a former employee. Analysts expect Symantec’s revenue to fall 4.8% to $4.73 billion in fiscal 2019, which ends in March, and then rise 4.6% to $4.95 billion in 2020. A decline in sales is expected to drag EPS (earnings per share) lower by 10.7% for Symantec in 2019.

  • Bay Area tech stocks hammered as market plunges
    American City Business Journals6 days ago

    Bay Area tech stocks hammered as market plunges

    Tech stocks led the downward march as the Dow fell by more than 800 points and Nasdaq went into a tailspin.

  • MarketWatch6 days ago

    Technology ETF suffering biggest one-day drop in 7 years

    The technology sector is the weakest of the S&P 500's 11 key sectors, with the SPDR Technology Select Sector ETF tumbling 4.5% toward the biggest one-day decline since August 2011. Of the ETF's 65 equity components, only Symantec Corp.'s stock traded up, just 0.2%. Of the biggest decliners, shares of Advanced Micro Devices Inc. fell 8.2%, Nvidia Corp. shed 6.9% and slid 6.8%. The technology-friendly Nasdaq 100 gave up 3.9% while the S&P 500 dropped 2.8%.

  • Amazon Strengthens Customer Base With Symantec & SAP Deals
    Zacks6 days ago

    Amazon Strengthens Customer Base With Symantec & SAP Deals

    Amazon's (AMZN) AWS wins multi-year contracts from Symantec and SAP. This is likely to aid its dominant position in the global cloud market.

  • Symantec Expands Cyber Defense Platform's Cloud Capabilities
    Zacks6 days ago

    Symantec Expands Cyber Defense Platform's Cloud Capabilities

    Symantec's (SYMC) new enhancements on its Integrated Cyber Defense Platform aim to address security and compliance issues related to growing migration of enterprise data to the cloud.

  • Will Symantec’s Enhanced Cloud Security Portfolio Add Value?
    Market Realist6 days ago

    Will Symantec’s Enhanced Cloud Security Portfolio Add Value?

    On October 9, Symantec (SYMC) strengthened its cloud security offerings by adding some advanced features. The new Cloud Workload Assurance (or CWA) feature helps Microsoft’s (MSFT) Azure and Amazon’s (AMZN) AWS (Amazon Web Services) cloud customers to discover security and compliance risks in their cloud environments, thus avoiding cloud misconfigurations that may lead to data breaches. Symantec’s Cloud Workload Protection (or CWP) for storage has also been upgraded with data loss prevention features.

  • Amazon Lands $1 Billion in Cloud Deals With SAP, Symantec
    Bloomberg6 days ago

    Amazon Lands $1 Billion in Cloud Deals With SAP, Symantec

    The contracts are each worth $500 million over 5 years, the text of an Amazon email from September showed. AWS, Microsoft and Alphabet Inc.'s Google have all tried to woo organizations and companies by touting the capabilities and performance of their services, which help organizations store and process data remotely, build new applications and adopt new technologies including artificial intelligence.

  • Business Wire7 days ago

    Symantec Significantly Expands Cloud Security Portfolio With Innovations to Secure Cloud Generation Applications, Workloads and Infrastructure

    Integrated approach to cloud security, compliance and management delivers ‘no compromises’ visibility and control to IaaS, PaaS and SaaS applications

  • Chrome's upcoming security change will break hundreds of sites
    Engadget8 days ago

    Chrome's upcoming security change will break hundreds of sites

    Google will strengthen Chrome's security with its next release, but that might have some unintended consequences for the sites you use. Security researcher Scott Helme has found that hundreds of the top 1 million sites are using old Symantec HTTPS certificates (pre-June 2016) that won't be trusted when Chrome 70 arrives as soon as October 16th. Some of these are vital sites, too, including multiple Indian government sites, the government of Tel Aviv and Penn State Federal Credit Union.

  • 3 Cybersecurity Stocks That Should Help Investors Lock Up Gains
    InvestorPlace8 days ago

    3 Cybersecurity Stocks That Should Help Investors Lock Up Gains

    Cybersecurity plays a critical role in IT infrastructure. During the PC era, cybersecurity stocks such as Symantec (NASDAQ:SYMC) would often rise soon after such breaches, as firms of all types tend to spend on these occasions to give themselves as much protection as possible. Today, with the wide range of networks and devices in need of protection, such breaches may not necessarily lift all cybersecurity stocks.

  • Business Wire12 days ago

    Key Government Executives to Speak at Symantec Government Symposium

    Cyber experts from federal civilian, defense, intelligence and state/local agencies to discuss the need to redefine how government approaches security

  • Here’s What Symantec’s Accounting Probe Unearthed
    Market Realist14 days ago

    Here’s What Symantec’s Accounting Probe Unearthed

    In May, Symantec (SYMC) launched a months-long probe of its accounting practices following an alert from a former employee. The probe didn’t find any serious flaws with Symantec’s financial reporting except a particular transaction that was recognized wrongly in the company’s fiscal 2018 fourth quarter, which ended in March. Symantec stock plunged as the probe got underway, as investors feared the outcome could significantly alter the company’s previous financial reports.

  • Business Wire14 days ago

    Norton by Symantec Urges Consumers to Help Protect Their Personal Data

    In the wake of Facebook’s recent security vulnerability, and the prevalence of data breaches in today’s online world, Norton by Symantec (SYMC) is encouraging consumers to take an active role in monitoring and helping protect their private and personal information. As this security vulnerability marks yet another incident affecting tens of millions of accounts worldwide, it’s an opportunity to educate consumers on what they can do to better protect their information and enhance their cyber safety. “In today’s connected world, we live with a constantly changing surface area of technology and an equally broad and growing set of motivated attackers, making this type of security vulnerability and risk to consumer data, inevitable,” said Samir Kapuria, executive vice president and general manager, Consumer Digital Safety, Symantec.

  • Thomson Reuters StreetEvents18 days ago

    Edited Transcript of SYMC earnings conference call or presentation 2-Aug-18 9:00pm GMT

    Q1 2019 Symantec Corp Earnings Call

  • Business Wire21 days ago

    Symantec Protects Office 365 With Industry-Leading Data Loss Prevention and New Data Rights Management

    Symantec Corp. (SYMC), the world’s leading cyber security company, today announced new enhancements to its Data Loss Prevention (DLP) technology to protect information in Office 365. With Symantec DLP, data is protected whether at rest or in transit, on-premises or in the cloud, and everywhere it flows through a single management console. Monitoring and protecting data in the cloud generation is a complex task, and GDPR and other similar privacy regulations have further raised the stakes on data security, privacy and compliance.

  • ACCESSWIRE21 days ago

    Today's Research Reports on Trending Tickers: and Symantec

    The Trump administration imposed a tariff of 10 percent on over $200 billion, which could increase to 25 percent if the two countries are unable to settle, according to L. Thomas Block, Washington policy strategist at Fundstrat Global Advisors. The stock ended the day 3.78% higher at $21.69.

  • Moody's22 days ago

    Symantec Corporation -- Moody's says no change to Symantec's ratings following completion of investigation

    Moody's Investors Service said on September 24, 2018, Symantec Corporation (Baa3 Rating on Review for Downgrade) announced that its Audit Committee has concluded its internal investigation. Among the findings noted by the Audit Committee were: (i) weak and informal processes with respect to some aspects of the review, approval and tracking of transition and transformation expenses, (ii) minor revisions to previously announced financial results, and (iii) certain behaviors inconsistent with Symantec's code of conduct and related policies. The Audit Committee's recommendation to appoint a Chief Accounting Officer and a separate Chief Compliance Officer that will report to the Audit Committee were adopted by the Board.

  • Associated Press22 days ago

    Comcast and Michael Kors skid; Barrick Gold and Concho rise

    Stocks that moved substantially or traded heavily Monday: Comcast Corp., down $2.27 to $35.63 Comcast outbid Twenty-First Century Fox and will pay about $39 billion for majority control of British satellite ...

  • Stocks - Pandora Gains in Pre-market; Tesla, Comcast Tumble
    Investing.com22 days ago

    Stocks - Pandora Gains in Pre-market; Tesla, Comcast Tumble - Stocks in focus in pre-market trade Monday:· Comcast (NASDAQ:CMCSA) stock slipped 4.62% as of 8:22 AM ET (12:22 GMT) after the company outbid Fox on Saturday for a majority stake in European broadcaster Sky.· Barrick Gold Corporation (NYSE:ABX) stock surged by 2.87% after the company bought Randgold Resources (LON:RRS) for $18 billion.· Tesla (NASDAQ:TSLA) stock slipped up 1.3% after the luxury carmaker announced it was launching a door-to-door service for customers in Los Angeles in an attempt to speed up car sales.· Pandora (NYSE:P) stock jumped 8. ...

  • MarketWatch22 days ago

    Symantec audit completion removes significant overhang, says Susquehanna

    Shares of Symantec Corp. are up 4.8% in premarket trading Monday after the company said that the audit committee completed its probe and didn't expect to restate financial results. Importantly, the company does not expect to take any employment actions with respect to any Section 16 officer as a result of the investigation," Susquehanna analyst Anne Meisner wrote. "Net-net, we view this as a very positive outcome since we previously believed that some modification of previously discussed non-GAAP numbers and/or senior management dismissals were not out of the question." She said that the audit had created a major overhang for the stock since Symantec announced it back in May. Meisner rates the stock at positive with a $23 price target. Symantec shares are down 37% over the past 12 months, while the S&P 500 has gained 17%.

  • Symantec ends accounting probe without major revision to results
    Reuters22 days ago

    Symantec ends accounting probe without major revision to results

    Symantec launched the "whistleblower" investigation in May after a former employee raised "concerns" about some accounting practices, prompting the company's board to hire an independent counsel and other advisers to assist in the probe. The audit committee identified certain behavior inconsistent with the company's code of conduct, and Symantec said it would take 'appropriate action' in these matters, without specifying details. Disclosure of the probe, and the decline in Symantec's stock price, put the company on the radar of activist investors.

  • Symantec ends accounting probe without major revision to results
    Reuters22 days ago

    Symantec ends accounting probe without major revision to results

    Symantec stunned investors on May 11 by disclosing that its audit committee was investigating the cyber-security company's accounting practices, following "concerns" raised by a former employee and that it might have to restate previous results, news that caused it shares to lose almost a third of their value that day.

  • MarketWatch22 days ago

    Symantec's stock jumps after audit committee completes probe; restatement not expected

    Shares of Symantec Corp. shot up 4.8% in premarket trade Monday, after the cybersecurity company said that after its audit committee completed its investigation, the company doesn't expect a restatement of results. The audit committee noted "relatively weak and informal processes" regarding some aspects of the review, approval and tracking of transition and transformation expenses. The company has adopted the committee's recommendation to appoint a chief accounting officer, a chief compliance officer, enhancing the code of conduct and adopting certain enhanced controls. Symantec said no employment actions were recommended. The stock had tumbled 25.5% year to date through Friday, while the S&P 500 has gained 9.6%.