$0.26 EPS Expected for Symantec Corporation (SYMC)

Symantec Corporation (NASDAQ:SYMC) Logo
Investors sentiment increased to 1.41 in Q3 2018. Its up 0.50, from 0.91 in 2018Q2. It is positive, as 34 investors sold Symantec Corporation shares while 118 reduced holdings. 76 funds opened positions while 139 raised stakes. 530.27 million shares or 1.56% more from 522.12 million shares in 2018Q2 were reported.
Moreover, Benjamin F Edwards & Com has 0% invested in Symantec Corporation (NASDAQ:SYMC). Highstreet Asset Mgmt Incorporated has 0.02% invested in Symantec Corporation (NASDAQ:SYMC) for 19,506 shares. Exane Derivatives invested in 14,336 shares or 0% of the stock. Farmers & Merchants Invests, Nebraska-based fund reported 226 shares. Blackrock Incorporated holds 0.04% or 40.94 million shares. Advisor Prtn Lc stated it has 10,235 shares or 0.03% of all its holdings. Pillar Pacific Ltd Llc holds 0.23% or 97,985 shares in its portfolio. Louisiana State Employees Retirement Systems has 0.03% invested in Symantec Corporation (NASDAQ:SYMC) for 36,400 shares. Mufg Americas Holdg accumulated 18,092 shares. 15,253 are held by Brighton Jones Lc. Manchester Mngmt Lc owns 1,511 shares. Suntrust Banks Incorporated holds 0% in Symantec Corporation (NASDAQ:SYMC) or 22,745 shares. Kenmare Capital Prtn accumulated 65,842 shares or 1.92% of the stock. Goodwin Daniel L reported 0.1% stake. South Dakota Inv Council has 19,200 shares for 0.01% of their portfolio.

Analysts expect Symantec Corporation (NASDAQ:SYMC) to report $0.26 EPS on January, 30.They anticipate $0.12 EPS change or 31.58 % from last quarter’s $0.38 EPS. SYMC’s profit would be $166.06M giving it 18.73 P/E if the $0.26 EPS is correct. After having $0.30 EPS previously, Symantec Corporation’s analysts see -13.33 % EPS growth. The stock decreased 2.04% or $0.4 during the last trading session, reaching $19.48. About 1.67M shares traded. Symantec Corporation (NASDAQ:SYMC) has declined 19.88% since January 14, 2018 and is downtrending. It has underperformed by 19.88% the S&P500.

Symantec Corporation (NASDAQ:SYMC) Ratings Coverage

Among 9 analysts covering Symantec (NASDAQ:SYMC), 1 have Buy rating, 1 Sell and 7 Hold. Therefore 11% are positive. Symantec had 11 analyst reports since July 30, 2018 according to SRatingsIntel. Bank of America maintained Symantec Corporation (NASDAQ:SYMC) on Monday, July 30 with “Underperform” rating. The firm has “Positive” rating by Susquehanna given on Tuesday, August 21. Stifel Nicolaus maintained it with “Hold” rating and $19 target in Friday, August 3 report. The stock of Symantec Corporation (NASDAQ:SYMC) has “Equal-Weight” rating given on Monday, August 6 by Barclays Capital. The firm has “Neutral” rating by Wedbush given on Friday, November 2. The firm earned “Hold” rating on Tuesday, September 25 by Stifel Nicolaus. On Friday, November 2 the stock rating was maintained by Robert W. Baird with “Neutral”. The firm has “Neutral” rating given on Friday, August 3 by UBS. Deutsche Bank maintained the stock with “Hold” rating in Friday, August 17 report. The rating was upgraded by Cowen & Co to “Market Perform” on Tuesday, October 16.

Symantec Corporation, together with its subsidiaries, provides cybersecurity solutions worldwide. The company has market cap of $12.44 billion. It operates through two divisions, Consumer Digital Safety and Enterprise Security. It has a 10.81 P/E ratio. The Consumer Digital Safety segment provides Norton-branded services that provide multi-layer security services across desktop and mobile operating systems, public Wi-Fi connections, and home networks to defend against online threats to individuals, families, and small businesses.

Symantec Corporation (NASDAQ:SYMC) Institutional Positions Chart

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