SYMC - Symantec Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
24.40
-0.07 (-0.29%)
At close: 4:00PM EDT
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Previous Close24.47
Open24.55
Bid23.21 x 1100
Ask24.89 x 800
Day's Range24.06 - 24.56
52 Week Range17.43 - 29.20
Volume4,528,552
Avg. Volume5,105,409
Market Cap15.597B
Beta (3Y Monthly)0.96
PE Ratio (TTM)N/A
EPS (TTM)-0.10
Earnings DateMay 9, 2019
Forward Dividend & Yield0.30 (1.33%)
Ex-Dividend Date2019-02-15
1y Target Est23.63
Trade prices are not sourced from all markets
  • Why Is Symantec Trading at a Premium to Analyst Estimates?
    Market Realist4 days ago

    Why Is Symantec Trading at a Premium to Analyst Estimates?

    How Are Cybersecurity Stocks Trading Compared to Valuations?(Continued from Prior Part)Stock returnsCybersecurity (HACK) leader Symantec (SYMC) has generated returns of -12.4% in the last 12 months. Since the start of 2019, the stock is up by 29%.

  • FireEye Is Trading at a 26% Discount to Average Analyst Estimates
    Market Realist5 days ago

    FireEye Is Trading at a 26% Discount to Average Analyst Estimates

    How Are Cybersecurity Stocks Trading Compared to Valuations?(Continued from Prior Part)Stock returns Cybersecurity (HACK) stock FireEye (FEYE) has taken investors on a volatile ride over the last few years. The stock generated returns of -16% in the

  • Is Fortinet Stock Overvalued after Generating Huge Returns?
    Market Realist6 days ago

    Is Fortinet Stock Overvalued after Generating Huge Returns?

    Are These Tech Stocks Overvalued after Nearing 52-Week Highs?(Continued from Prior Part)Stock returnsCybersecurity (HACK) stock Fortinet (FTNT) has generated returns of 68% in the last 12 months. The stock easily outperformed broader markets last

  • DXC Boosts Asia Security Business, Opens Operations Center
    Zacks6 days ago

    DXC Boosts Asia Security Business, Opens Operations Center

    DXC Technology's (DXC) Next Generation Security Operations Center in Malaysia will cater to both regional and global clients.

  • CNBC10 days ago

    Your first trade for Friday, April 12

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  • GuruFocus.com10 days ago

    Symantec Corp (SYMC) President and CEO Gregory S. Clark Sold $15.1 million of Shares

    President and CEO of Symantec Corp (NASDAQ:SYMC) Gregory S. Clark sold 636,209 shares of SYMC on 04/10/2019 at an average price of $23.69 a share.

  • Business Wire11 days ago

    Symantec to Announce Fiscal Fourth Quarter and Full Year 2019 Results on May 9, 2019

    Symantec Corporation (SYMC) today announced that it will release its financial results for its fiscal fourth quarter and full year fiscal 2019, which ended on March 29, 2019, after the U.S. market close on Thursday, May 9, 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. Interested parties may access the conference call by dialing (877) 475-6198 or (970) 297-2372 and using conference ID 4593466.

  • Nearly 70 percent of hotel websites leak personal data, Symantec study finds
    Engadget12 days ago

    Nearly 70 percent of hotel websites leak personal data, Symantec study finds

    A security flaw may be hiding in that confirmation email you get after booking a hotel room. A Symantec study of more than 1,500 hotels found that 67 percent of them were unwittingly leaking guests' personal information. The main issue involved booking confirmation emails, according to Symantec principal threat researcher Candid Wueest.

  • Reuters12 days ago

    Two out of three hotels accidentally leak guests' personal data -Symantec

    The study, which looked at more than 1,500 hotel websites in 54 countries that ranged from two-star to five-star properties, comes several months after Marriott International disclosed one of the worst data breaches in history. Symantec said Marriott was not included in the study.

  • Reuters12 days ago

    Two out of three hotels accidentally leak guests' personal data: Symantec

    The study, which looked at more than 1,500 hotel websites in 54 countries that ranged from two-star to five-star properties, comes several months after Marriott International disclosed one of the worst data breaches in history. Symantec said Marriott was not included in the study.

  • Fast-growing cyber firm is raising a large round, denies sale talks
    American City Business Journals13 days ago

    Fast-growing cyber firm is raising a large round, denies sale talks

    Arlington cybersecurity firm Endgame is raising tens of millions of dollars in fresh funding — part of its plan to grow to $140 million in annual recurring revenue in 2021, according to materials sent to investors and obtained by the Washington Business Journal. While Endgame would not confirm a specific fundraising goal, the documents indicate a $75 million round is part of the company's plan to grow its annual recurring revenue, which it reported as $21.8 million in 2018, up from just $3.6 million in 2016. Endgame CEO Nathan Fick confirmed in an email the company is raising a new round with what he said was "full insider participation," which normally refers to existing investors.

  • Markit13 days ago

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

    Symantec Corp NASDAQ/NGS:SYMCView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for SYMC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding SYMC is favorable, with net inflows of $24.47 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Business Wire13 days ago

    Symantec Named Best Place to Work for LGBTQ Equality for 11th Consecutive Year

    Symantec Corp. (SYMC), the world’s leading cyber security company, today announced it has again achieved a perfect score of 100 on the Human Rights Campaign’s Corporate Equality Index. This is the 11th year in a row that Symantec has been recognized for being one of the best places to work for lesbian, gay, bisexual, transgender, and queer (LGBTQ) equality. The 2019 Corporate Equality Index (CEI) is the nation's premier benchmarking survey and report on corporate policies and practices relating to LGBTQ workplace equality, administered by the Human Rights Campaign (HRC) Foundation.

  • Symantec (SYMC) Looks Good: Stock Adds 5.4% in Session
    Zacks13 days ago

    Symantec (SYMC) Looks Good: Stock Adds 5.4% in Session

    Symantec (SYMC) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.

  • Barrons.com14 days ago

    The Dow Dropped the Most since March and It’s All Boeing’s Fault

    The Dow Jones Industrial Average opened down a bit on Monday, and pretty much stayed there all day. Boeing and General Electric, which were both downgraded, weighed as investors waited for earnings season to begin. The S&P 500 ticked up 0.1% to 2895.77, while the Nasdaq Composite advanced 0.2% to 7953.88.

  • Reuters14 days ago

    US STOCKS-Wall Street stalls on Boeing slide, earnings jitters

    U.S. stocks headed lower on Monday, following the S&P 500's seven-day winning streak, as Boeing's shares took a hit and investors braced for what could be the first decline in corporate earnings since ...

  • TheStreet.com14 days ago

    Symantec Jumps as Goldman Sees 'Sustained Growth'

    posted strong gains on Monday after receiving an upgrade from analysts at Goldman Sachs, who believe the company has room for "sustained growth" among its current billings. Symantec stock was up nearly 7% in trading Monday on the New York Stock Exchange, rising $1.58 to $24.57, after Goldman Sachs analyst Gabriela Borges upgraded the company to a buy from neutral and raised her 12-month target price to $28 from $23. The analyst also pointed to expectations of "sustained growth" in current billings, which she considers the main indicator of the current and future success of Symantec's enterprise business.

  • MarketWatch14 days ago

    Symantec stock gains after Goldman turns bullish

    Shares of Symantec Corp. are up 1.7% in premarket trading Monday after Goldman Sachs analyst Gabriela Borges upgraded the stock to buy from neutral and raised her target price to $28 from $23. "FY20 should show improvement on essentially every key metric, driven by a return to more normalized execution, stabilization in business mix, and the benefit of revenue already on the balance sheet," she wrote. Borges also sees room for the company to show "sustained growth" in current billings, which she considers the main indicator of whether Symantec's enterprise business is robust. Borges wrote that Symantec shares currently trade at a 25% discount to peers that have similar growth outlooks, based on 2020 estimates of enterprise value to free-cash flow. Shares have gained 17% over the past three months, as the S&P 500 has risen 12%.

  • Here is What Hedge Funds Think About Symantec Corporation (SYMC)
    Insider Monkey17 days ago

    Here is What Hedge Funds Think About Symantec Corporation (SYMC)

    While the market driven by short-term sentiment influenced by uncertainty regarding the future of the interest rate environment in the US, declining oil prices and the trade war with China, many smart money investors kept their optimism regarding the current bull run in the fourth quarter, while still hedging many of their long positions. However, […]

  • 5 Cybersecurity Stocks to Watch As the Trend Heats Up
    InvestorPlace18 days ago

    5 Cybersecurity Stocks to Watch As the Trend Heats Up

    Cybersecurity stocks have been among the best stocks in the market in recent years. The ETFMG Prime Cyber Security ETF (NYSEARCA:HACK) has gained 69% in the past three years -- easily outperforming the broader market.There are plenty of reasons to believe that outperformance will continue. After all, high-profile data breaches continue to occur. This week, for instance, TechCrunch reported that privately held Arizona Beverages was the victim of a crippling ransomware attack. The incident is yet another lesson that companies cannot cut corners when it comes to security protection. * 10 Medical Marijuana Stocks to Cure Your Portfolio To be sure, investors are aware of the trend. Cybersecurity stocks aren't cheap. But for investors willing to pay up, the sector is large enough to offer a variety of options. These five cybersecurity stocks offer different bull cases for different types of investors.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Palo Alto Networks (PANW)Source: Shutterstock Palo Alto Networks (NYSE:PANW) might be the simplest, "set it and forget it", play among cybersecurity stocks. Palo Alto has successfully transitioned away from a reliance on hardware and jumpstarted growth in the process. Revenue in the fourth quarter, for instance, rose over 30% year-over-year, crushing analyst estimates.At the moment, Palo Alto is the largest cybersecurity play … and the most diversified. If the market as a whole continues to grow, Palo Alto Networks should benefit.That said, there are concerns, as I wrote after earnings. PANW stock isn't cheap. And we've seen the cloud story break down elsewhere as spending has slowed. PANW is the biggest stock in the space, and it has the simplest bull case. It's going to rise if its market keeps growing. But at this point, it may be one of the better cybersecurity stocks, but not necessarily one of the best stocks in the space. Symantec (SYMC)Source: Shutterstock As noted earlier, cybersecurity stocks aren't cheap, and value plays are hard to find. Symantec (NASDAQ:SYMC) might be the cheapest stock in the space, but there are reasons.Growth has stalled out. Fiscal 2019 guidance, which disappointed and then was pulled further down, suggests a year-over-year decline in revenue and earnings. An accounting investigation has only added to the pressure on SYMC stock. A continuing reliance on PC-related revenue makes the stock less exposed to growth on the enterprise side of the industry.That said, SYMC has a path to upside. Private equity firm Thoma Bravo has reportedly considered acquiring the company. Symantec itself is making acquisitions to build out its enterprise business, acquiring Israeli cloud security provider Luminate Security in February. * 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever And the stock is cheap, at 13x next year's earnings-per-share estimates. If Symantec can continue to build out its enterprise business, that valuation might be far too low. Secureworks (SCWX)Source: Shutterstock Secureworks (NASDAQ:SCWX) is one of the best stocks in the sector for traders. Secureworks focuses on software-driven solutions, predominantly through a SaaS (software-as-a-service) model.And SCWX stock might be in play. Dell Technologies (NASDAQ:DELL) owns 86% of the company and is looking to pay down debt. Reuters reported in February that Dell was considering a sale, which might make some sense. Secureworks isn't as material to the Dell business as VMWare (NYSE:VMW) and it might perform better as an independent company or as part of a larger security provider.Meanwhile, SCWX stock has pulled back of late and it looks cheap enough to garner some interest. Profits are still miniscule, but revenue is growing -- and an acquirer might be willing to pay a premium to the current sub-3x price-to-sales multiple. SCWX's opportunity is solid enough on its own long-term, but there's a decent chance a buyout offer could spike SCWX stock in 2019. ProofPoint (PFPT)Source: Shutterstock For investors who like chasing growth, the cybersecurity sector has some of the best stocks. One of them is Proofpoint (NASDAQ:PFPT). Proofpoint continues to post huge increases in revenue and profits, with sales up 35% in Q4. As a result, PFPT has rallied strongly, gaining 47% already in 2019. * 7 Energy ETFs That Could Be Running Out of Fuel At current levels, PFPT is challenging all-time highs. And it's not cheap, at 9x revenue and 55x forward EPS estimates. But there's room for upside from a technical perspective if the stock can bust through resistance. And there's room for upside from a fundamental perspective too … if its current growth continues. Investors willing to pay up for growth should take a long look at PFPT stock. Carbonite (CARB)Source: Shutterstock For investors who appreciate business transformations, meanwhile, Carbonite (NASDAQ:CARB) might be the play. Carbonite started as a largely consumer-focused company. But it has expanded into small and medium businesses with help from an aggressive M&A strategy.That strategy continued this year, with the recently closed $619 million acquisition of Webroot. Yet even with those deals driving growth, CARB looks reasonably cheap. Pro forma for the Webroot purchase, the stock trades at 11-12x 2019 EBITDA guidance. Looking to 2020, analysts see well over $2 per share in EPS.With a sharp pullback of late, that suggests just an 11x forward EPS multiple. That might be far too cheap -- particularly if the strategy here is on point. While larger rivals chase larger deals, Carbonite might be able to create value by chasing smaller fish.As of this writing, Vince Martin was long shares of Dell Technologies. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Low-Priced Tech Stocks With Great Potential * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * The Era of Car Ownership Is Over. And These 4 Charts Prove It Compare Brokers The post 5 Cybersecurity Stocks to Watch As the Trend Heats Up appeared first on InvestorPlace.

  • Moody's19 days ago

    Symantec Corporation -- Moody's announces completion of a periodic review of ratings of Symantec Corporation

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Symantec Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Little-Known Alphabet Unit Enters $300 Billion Industry
    Market Realist19 days ago

    Little-Known Alphabet Unit Enters $300 Billion Industry

    Updates from Alphabet: Smart Speakers, Google+, and Other Bets(Continued from Prior Part)Chronicle launches cybersecurity product called Backstory Alphabet’s (GOOGL) little-known subsidiary called Chronicle is going for a huge prize: the $300

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  • Keysight & Qualcomm Jointly Unveils 5G NR Data in FDD Mode
    Zacks20 days ago

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  • Tyler SCGC Solution Firm on Uptake, Finds Client in Maryland
    Zacks21 days ago

    Tyler SCGC Solution Firm on Uptake, Finds Client in Maryland

    Tyler's (TYL) Socrata Connected Government Cloud solution gets adopted by the state of Maryland to help the state achieve its two key goals ??? efficiency and interoperability.