SYMC - Symantec Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
23.59
+0.17 (+0.75%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close23.42
Open23.42
Bid0.00 x 3200
Ask0.00 x 2900
Day's Range23.42 - 23.71
52 Week Range17.43 - 26.07
Volume3,155,443
Avg. Volume7,398,223
Market Cap14.579B
Beta (3Y Monthly)1.43
PE Ratio (TTM)141.26
EPS (TTM)0.17
Earnings DateNov 7, 2019
Forward Dividend & Yield0.30 (1.28%)
Ex-Dividend Date2019-08-23
1y Target Est22.80
Trade prices are not sourced from all markets
  • Business Wire

    Symantec Introduces Symantec Endpoint Security – A Single Solution That Eliminates Complexity and Stops Even the Most Stealthy Attacks

    Symantec Corp. (SYMC), the world’s leading cyber security company, today announced a major revamp to its endpoint portfolio with Symantec Endpoint Security (SES), which now delivers protection, detection and response in a single solution, as well as new attack surface reduction, threat hunting, and breach assessment and prevention capabilities. To safeguard their organizations from modern and sophisticated attacks, security teams need simple, comprehensive and flexible solutions. SES solves for these needs, finding and stopping attacks with analytics honed by Symantec’s world-renowned security experts.

  • Financial Times

    US private equity group to buy Sophos for $3.9bn

    US private equity group Thoma Bravo has agreed a $3.9bn deal to buy the cyber security company Sophos, removing another British technology stalwart from the public markets. The Oxfordshire-based cyber and network security software developer said that it was first approached by Thoma Bravo in June. Kris Hagerman, Sophos chief executive, said the offer of $7.40 a share in cash, a 37 per cent premium on last week’s closing price, was “pretty compelling”.

  • Business Wire

    Symantec to Announce Fiscal Second Quarter 2020 Results on November 7, 2019

    Symantec Corporation (SYMC) today announced that it will release its financial results for its fiscal second quarter 2020, which ended on October 4, 2019, after the U.S. market close on Thursday, November 7, 2019. Symantec will host a conference call that day at 5:00 p.m. ET/ 2:00 p.m. PT to discuss the results. The news release with the financial results will be accessible from Symantec’s Investor Relations website prior to the conference call.

  • It's Time To Add Semis Back Into Your Portfolio
    Zacks

    It's Time To Add Semis Back Into Your Portfolio

    The cyclical semiconductor industry is on an upswing, and it is time to add your favorite chip companies back into your portfolio.

  • Thomson Reuters StreetEvents

    Edited Transcript of SYMC earnings conference call or presentation 8-Aug-19 9:45pm GMT

    Q1 2020 Symantec Corp Earnings and Sale of Enterprise Security Assets for $10.7 Billion to Broadcom Call

  • Business Wire

    Symantec Celebrates National Cybersecurity Awareness Month With New Educational Microsite Promoting Online Safety and Privacy

    Symantec Corp. (SYMC), the world’s leading cyber security company, today announced its commitment to the National Cybersecurity Awareness Month (NCSAM) campaign, “Own IT. In support of the initiative, Symantec has launched an educational microsite featuring blog and video content, as well as three new webinars featuring cybersecurity experts from Symantec. Held annually in October, NCSAM is a collaborative effort co-led by National Cyber Security Alliance (NCSA) and the Cybersecurity and Infrastructure Agency (CISA) of the U.S. Department of Homeland Security to bring awareness to the importance of online safety and privacy, and ensure every American has the proper resources to be safer and more secure online.

  • 6 Top Large-Cap Technology Stocks to Buy in Q4
    Zacks

    6 Top Large-Cap Technology Stocks to Buy in Q4

    Here we pick six top-ranked technology stocks that are expected to outperform the market during the fourth quarter.

  • 3 Blue-Chip Tech Stocks for Investors to Buy Heading into October
    Zacks

    3 Blue-Chip Tech Stocks for Investors to Buy Heading into October

    We searched using our Zacks Stock Screener for large-cap technology firms that boast stable, growth businesses. So check out these three blue-chip tech stocks that investors might want to buy heading into October...

  • Business Wire

    Symantec Named a Leader in Endpoint Security by Independent Research Firm

    Symantec Corporation (SYMC), the world’s leading cyber security company, today announced that it has been positioned as a Leader in "The Forrester Wave™: Endpoint Security Suites, Q3 2019," a new report published by Forrester Research, Inc. Symantec also received the highest score among all vendors in the threat prevention criterion. Based on these criteria, Symantec was recognized as a Leader. According to the Forrester report, “Symantec has long been a leader in the endpoint security space.

  • Business Wire

    Symantec Endpoint Protection Mobile Earns FirstNet Listed Designation

    Symantec Corp. (SYMC), the world’s leading cyber security company, today announced that Symantec Endpoint Protection (SEP) Mobile is now FirstNet Listed, making industry-leading mobile threat defense accessible to federal, state and local public safety professionals nationwide through the FirstNet App Catalog. As public safety professionals working in the field grow increasingly dependent on mobile devices to access critical information, those devices require the same level of security as legacy endpoints.

  • Business Wire

    Norton LifeLock Launches New Consumer Cyber Safety Ad Campaign Featuring Angie Harmon and Jay Leno

    Norton™ LifeLock™, Symantec’s (SYMC) consumer brand, today announced the launch of a new ad campaign featuring Norton LifeLock members, including award-winning television actor Angie Harmon and iconic talk show host and star of “Jay’s Garage,” Jay Leno. The campaign, now airing on national cable and local broadcast, showcases how NEW Norton™ 360 with LifeLock,™ an all-in-one membership for consumer cyber safety from Norton LifeLock, combines the power of LifeLock identity theft protection, Norton cyber security technology, a VPN for online privacy, and more, to help protect against today’s ever-changing cyber threats.

  • PR Newswire

    Symantec Study Shows a Massive Hike in Sextortion Emails in 2019

    SINGAPORE, Sept. 23, 2019 /PRNewswire/ -- A study done by Symantec shows a hike in extortion emails over the past nine months. The researchers at Symantec analyzed data from the 5,000 most-seen Bitcoin addresses in May and found that 63 of those wallets received 12.8 bitcoins through 243 transactions in a month. The scammers, according to Symantec have earned an average of nearly $106,240 in May alone, making the scam hugely popular. "The sextortion scam is gaining popularity and it's a typical case where someone hacks into your webcam, records intimate acts and threatens to send the recordings to everyone in your contact list unless you pay them several hundred dollars in Bitcoins," said Talha Obaid, an Expert on Email security at Symantec.

  • Microsoft Stock: Dividend Hike, Buybacks Attract Investors
    Market Realist

    Microsoft Stock: Dividend Hike, Buybacks Attract Investors

    Microsoft (MSFT) stock rose 1.19% in extended trading yesterday after the tech giant announced a new share buyback program and dividend increase.

  • IBM Collaborates With City of Los Angeles to Fight Cybercrime
    Zacks

    IBM Collaborates With City of Los Angeles to Fight Cybercrime

    IBM's AI platform IBM Watson, its emerging Blockchain technology and expanding security products is aiding it in proliferating the market.

  • Zacks.com featured highlights include: Medtronic, Symantec, Target, Popular and Baxter International
    Zacks

    Zacks.com featured highlights include: Medtronic, Symantec, Target, Popular and Baxter International

    Zacks.com featured highlights include: Medtronic, Symantec, Target, Popular and Baxter International

  • Broadcom to Deleverage Its Balance Sheet
    Market Realist

    Broadcom to Deleverage Its Balance Sheet

    Broadcom's CEO is known for his mergers and acquisitions. He targets companies that are market leaders with high cash flows and distressed growth.

  • Zacks

    Broadcom (AVGO) Earnings & Revenues Beat Estimates in Q3

    Broadcom (AVGO) Q3 results benefit from expanding presence in the infrastructure software space on synergies from CA buyout. However, company provided cautious fiscal 2019 guidance.

  • Broadcom Sticks to Lowered 2019 Sales Forecast; Shares Slip
    Bloomberg

    Broadcom Sticks to Lowered 2019 Sales Forecast; Shares Slip

    (Bloomberg) -- Broadcom Inc. reported modest quarterly sales growth and reiterated a muted forecast for the rest of the fiscal year, indicating the trade war between China and the U.S. is still suppressing demand for semiconductors.Sales in the period ended Aug. 4 rose 9% to $5.52 billion, the San Jose, California-based company said Thursday in a statement. Before certain items, profit was $5.16 a share. That compares with average analyst estimates for per-share profit of $5.13 on sales of $5.52 billion, according to data compiled by Bloomberg.Broadcom said it still expects revenue in fiscal 2019 to be $22.5 billion, a lowered projection it made in June. The company no longer gives quarterly predictions and instead updates its annual target at the end of each quarter. Shares declined about 1.3% in extended trading.Chief Executive Officer Hock Tan has built a $100 billion company through a spate of acquisitions, including his purchase of part of Symantec Corp. for $10.7 billion in August. While Broadcom has one of the broadest reaches in the technology industry, that diversity hasn’t made it immune to the ongoing trade dispute between the U.S. and China and blacklisting of Huawei Technologies Co., which is hammering Tan’s semiconductor business.“We believe demand has bottomed out but will continue to remain at these levels due to the current uncertain environment,” Tan said in the statement. There’s little visibility due to the trade war and no sense of a “sharp recovery around the corner,” he added on a conference call.About half of the chips Broadcom sells are either used in China or sent through factories there on the way to becoming part of electronic devices sold around the world. Last year, Huawei accounted for about $900 million of Broadcom’s sales, Tan has said.The chipmaker’s position as a major manufacturer of components for Apple Inc. and Samsung Electronics Co. means its orders are seen as a gauge of confidence in future demand from some of the world’s largest smartphone makers. It’s also one of the leading suppliers of networking components used by large data-center operators such as Alphabet Inc.’s Google and Amazon.com Inc.’s cloud division.Tan said that there is a “seasonal uptick” in demand for phone parts because of the launch of new models from his “large North American customer,” using his typical reference for Apple. Orders at this point are typical of the buildup ahead of a phone release, and sales of the devices will determine demand in the future. Apple’s iPhone 11 goes on sale Sept. 20.Three months ago, Tan pared back his revenue forecast for the year, indicating that sales in each of the remaining quarters would be a billion dollars lighter than previously expected. That has held back Broadcom’s stock, which is up 18% this year, compared with a 39% advance by the Philadelphia Stock Exchange Semiconductor Index.In the current circumstances, the company will prioritize paying down debt over buying back shares, Chief Financial Officer Tom Krause said on the conference call. Doing so is important to retaining the company’s investment-grade credit rating.Net income in the fiscal third quarter declined to $715 million, or $1.71 a share, from $1.2 billion, or $2.71, a year earlier, Broadcom said. Chip unit sales were about $4.4 billion in the recent period, accounting for 79% of the company’s total revenue. They were down 4.7% from a year earlier.(Updates with comments from executives starting in fifth paragraph)To contact the reporter on this story: Ian King in San Francisco at ianking@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Broadcom Stock a Good Bet for Long-Term Investors
    Market Realist

    Broadcom Stock a Good Bet for Long-Term Investors

    As the trade war eases, Broadcom stock has soared 5.4% through September 10. Broadcom plans to release its Q3 earnings after the market closes.

  • 5 High-Flying Stocks Near 52-Week High That Can Scale Higher
    Zacks

    5 High-Flying Stocks Near 52-Week High That Can Scale Higher

    Investors target stocks that have been on a bullish run lately. Stocks seeing price strength have a high chance of carrying the momentum forward.

  • Oracle Stock Falls Due to Q1 Earnings, Co-CEO Takes Leave
    Market Realist

    Oracle Stock Falls Due to Q1 Earnings, Co-CEO Takes Leave

    Oracle (ORCL) unexpectedly released its earnings results for the first quarter of fiscal 2020 on Wednesday after the market bell.

  • Zscaler: Time to Be a Contrarian?
    GuruFocus.com

    Zscaler: Time to Be a Contrarian?

    Shares are down nearly 20% after issuing weak guidance Continue reading...