Revenue Target Updates by Analysts: Symantec Corporation (NASDAQ:SYMC), LinkedIn …
Symantec Corporation (NASDAQ:SYMC) started the day trading at $18.55 and exhibited higher shift of +0.38% while the stock’s buy and sell trade closed at $ 18.71. However, its previous closing price was recorded at $18.64. The stock exchanged overall volume of 7.8 million shares as compared to its average volume of 8.59 million shares.
The stock price showcased downward shift from its 50 day moving average of 18.97 and stood below from its 200 Day Moving Average of 19.86.
The Company has price-to-cash ratio of 5.38 and PEG ratio of 4.78. The company net profit margin is 17.30% and gross profit margin is 82.20%. Analyst recommendation for this stocks stands at 2.90. The stock price is moving up from its 20 days moving average with 6.95% and isolated positively from 50 days moving average with 14.46%.
Average Forecast of sales for Current Quarter and Current Year:
The company’s average forecast of sales for the current quarter is $901.19M by 24 analysts. The average estimation of sales for the current is $3.63B by 14 analysts.
Average Forecast of sales for Next Quarter and Next Year:
The upcoming Quarter’s sales estimate is determined at $902.13M by 21 analysts as well as sales projection for the upcoming year is set $3.63B by 27 analysts.
LinkedIn Corporation (NYSE:LNKD) finished the trading with negative move of -1.26% and closed the day at $111.03 which had been below its previous day’s closing of $112.45.
Shares of the company registered a buying and selling volume of 2.72 million shares lower than its 3-months average volume of 3.7 million shares and traded in range of $110.10 to $112.32.
The firm has price to sales ratio of 4.97 and its price to book per share was 3.32. The stock is trading lower its 50-day moving averages of 115.33 and below 200-day moving averages of 190.79. The shares registered one year high of $266.53 and one year low was seen at $98.25.
The corporation generated income of $-166.10 million on revenue of $2.99 billion in past 12 months. Return on assets was noted as -2.60% while return on equity was registered as -4.10%. Beta factor which determines the riskiness of the security is seen at 1.62.
Average Forecast for sales for Current Quarter and Current Year:
The company’s average forecast for sales for the current quarter is $829.932M by 38 analyst Gurus. The average estimation of sales for the current year is $3.67B by 42 analysts.
Average Forecast for sales for Next Quarter and Next Year:
The Next Quarter’s sales estimate is determined at $889.59M by 38 analysts as well as sales projection for the Next year is set $4.42B by 38 analysts.