Stock To Watch: Symantec Corporation (NASDAQ:SYMC)


The leading market experts have placed a mean price target of $23.980 on Symantec Corporation (NASDAQ:SYMC) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.300 a share for the upcoming quarter and $1.120 for the current fiscal.

Technical View

The technical analysis of Symantec Corporation plainly substantiates that the 50-day moving average of Symantec Corporation is $22.373, and stock is trading $2.482 points away or +11.093% from its 50-day moving average of $22.373. Further it is trading $5.371 or +27.564% away its 200-day moving average of $19.484. Symantec Corporation (NASDAQ:SYMC) 52-week high is $25.190 and the 52-week low is $16.140.

This explains if the stock moves $-0.335, it will post a 52-week high. In event of +53.996% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Symantec Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Symantec Corporation (NASDAQ:SYMC) ratio came in at 6.483.

The stock last ended the trading session at $24.855 and registered a market cap of $15.30B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Symantec Corporation (NASDAQ:SYMC) PEG ratio is at 2.200.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 14 times, 1 visits today)