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    Symantec Just Became The Perfect Stock For Bargain Hunters

    Wed, 04/25/2012 - 20:52 EDT - Seeking Alpha
    • INTC
    • SYMC
    • Trade In Mexico

    By Trade In Mexico:Symantec Corporation (SYMC) shares were trending up in 2012, but the company released a warning on earnings that disappointed many investors and the shares plunged over 10% after the news came out.The company makes anti-virus products for computers and sells the popular "Norton" brand. It looks like the quarter was impacted by the data back-up and storage division and also by some large orders which did not book in the quarter, but could still book later this year. Some of the inconsistency for this quarter, might be due to the fact that the company is shifting its business to a subscription-based model. Symantec now expects earnings per share to be around 38 cents which is below the expectation of 41 to 42 cents per share. The company will report earnings on May 2, 2012. Here are a few reasons to consider buying shares at the bargain price of justComplete Story »

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    • Symantec Corporation Presents at Morgan Stanley Technology, Media & Telecom Conference, Feb-27-2013 08:00 AM

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    • Earnings Preview: 3 Software Companies Report Results Wednesday

      By Robert Weinstein:Symantec Corporation (SYMC) is expected to report last fiscal quarter's results after the closing bell on January 25, 2012. Let's review how Symantec has performed in recent quarters.

    • 2 Tech Stocks Signficantly Below Consensus Price Targets

      By Bret Jensen:Despite the run up in the markets over the last week or so, there are still some values to be had. Two technology stocks that are currently unloved by the market but are priced at 35% or more under consensus price targets are Symantec (SYMC) and Micron Technology (MU).

    • Symantec Rides Storage Growth To $29 Despite PC Weakness

      By Trefis: Symantec (NASDAQ:SYMC) announced its FY 2012 results on May 7, and reported revenues of $6.9 billion, up 2.5% y-o-y. The slowdown in growth was a result of the sluggish PC market. However, Q4 results were better than the annual results with 4% growth in revenues.

    • Whisper Number Impact: Earnings Preview For Symantec

      By WhisperNumber: Symantec Corp. (SYMC) is expected to report earnings on Tuesday, May 7th. The whisper number is $0.37, one cent behind the analysts' estimate. SYMC has a 72% positive surprise history (having topped the whisper in 21 of the 29 earnings reports for which we have data).Earnings history:- Beat whisper: 21 qtrs- Met whisper: 1 qtrs- Missed whisper: 7 qtrs

    • Symantec Flash-Crash Destroys Over $1.5 Billion In Less Than A Second

      While many will shrug at yet another "fat finger", we thought it useful to 'know' - as opposed to 'guess' - what really drove a more-than-10% flash-crash in Symantec stock this morning. As Nanex illustrates so clearly, in less than a second, over 500,000 shares were traded in a waterfall across 13 exchanges (and who knows how many dark pools). This triggered a circuit breaker which halted the stock trading for 5 minutes and when it resumed... it had recovered all those losses.

    • Will Windows 8 Put A Lid On Symantec?

      By Dana Blankenhorn: For a decade, Microsoft (MSFT) has been essentially flat. And this is close to true for all the companies in its ecosystem, both hardware companies like Hewlett Packard (HPQ) and software companies like Symantec (SYMC).

    • Symantec: The Virus Of Mismanagement

      By Frank Voisin: A reader recently emailed me touting the value potential in Symantec Corp (NASDAQ: SYMC), the security, storage and systems management solutions provider that most people know as a result of its hit Norton Antivirus product. The company has been transitioning from pure software-based solutions to the cloud, with a growing portfolio of Software as a Service (SaaS) offerings.

    • Symantec: Norton Margin Declines to Continue

      Trefis submits: Symantec (SYMC) recently reported a decline in the EBITDA margin (a measure of profitability) of its Norton Antivirus flagship software product. We have updated the Trefis price estimate from $25.24 to $23.82 (versus market price of $17.04) in part to reflect continued margin declines for Norton.

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