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Last $19.79 USD
Change Today -0.14 / -0.70%
Volume 1.1M
SYMC On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 11:26 AM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

symantec corp (SYMC) Snapshot

Open
$20.17
Previous Close
$19.93
Day High
$20.20
Day Low
$19.75
52 Week High
01/23/15 - $27.32
52 Week Low
08/24/15 - $19.35
Market Cap
13.5B
Average Volume 10 Days
6.7M
EPS TTM
$1.42
Shares Outstanding
684.2M
EX-Date
08/24/15
P/E TM
13.9x
Dividend
$0.60
Dividend Yield
3.02%
Current Stock Chart for SYMANTEC CORP (SYMC)

symantec corp (SYMC) Details

Symantec Corporation, together with its subsidiaries, provides security, backup, and availability solutions worldwide. Its products and services protect people and information in various environments from the mobile device and enterprise data center and to cloud-based systems. The company operates through three segments: Consumer Security, Enterprise Security, and Information Management. The Consumer Security segment offers Norton-branded services that provide multi-layer security and identity protection on desktop and mobile operating systems to defend against online threats to individuals, families, and small businesses. The Enterprise Security segment offers secure socket layer certificates, authentication, mail and Web security, data center security, data loss prevention, information security services, endpoint security and management, encryption, and mobile security services offerings. Its products and services help its customers to secure their confidential information wherever it resides in the network path from the user’s device to the data’s resting place. The Information Management segment focuses on backup and recovery, archiving and eDiscovery, storage, and high availability solutions helping to ensure that its customers’ IT infrastructure and mission-critical applications are protected, managed, and available. The company serves individuals, households, and small businesses; small, medium, and large enterprises; and government and public sector customers. It markets and sells its products and related services through direct sales force, ecommerce platform, distributors, direct marketers, Internet-based resellers, system builders, Internet service providers, wireless carriers, retailers, original equipment manufacturers, and retail and online stores. Symantec Corporation was founded in 1982 and is headquartered in Mountain View, California.

19,000 Employees
Last Reported Date: 08/12/15
Founded in 1982

symantec corp (SYMC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.5M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $720.0K
Executive Vice President and General Manager ...
Total Annual Compensation: $781.3K
Executive Vice President, General Counsel and...
Total Annual Compensation: $536.3K
Executive Vice President of Business - Norton...
Total Annual Compensation: $435.9K
Compensation as of Fiscal Year 2015.

symantec corp (SYMC) Key Developments

Symantec Declares Quarterly Cash Dividend, Payable on September 16, 2015; Reports Unaudited Consolidated Earnings Results for the First Quarter Ended July 3, 2015; Provides Earnings Guidance for the Second Quarter Ending October 2, 2015 and Full Year Ending April 1, 2016

Symantec's Board of Directors has declared a quarterly cash dividend of $0.15 per common share to be paid on September 16, 2015 to all shareholders of record as of the close of business on August 26, 2015. The ex-dividend date will be August 24, 2015. The company reported unaudited consolidated earnings results for the first quarter ended July 3, 2015. For the quarter, the company reported total net revenue was $1,499 million against $1,735 million a year ago. Operating income was $201 million against $322 million a year ago. Income before income taxes was $173 million against $305 million a year ago. Net income was $117 million against $236 million a year ago. Net income per share -- diluted was $0.17 against $0.34 a year ago. Net cash provided by operating activities was $300 million against $293 million a year ago. Purchases of property and equipment were $78 million against $92 million a year ago. Non-GAAP operating income was $410 million against $427 million a year ago. Non-GAAP net income was $275 million against $313 million a year ago. Non-GAAP net income per share -- diluted was $0.40 against $0.45 a year ago. CFFO was $300 million against $293 million a year ago. For the year ending April 1, 2016, the company expected revenue in a range of $6,210 to $6,350 million, GAAP operating margin in a range of 14.5% - 15.5%, non-GAAP operating margin in a range of 29.0% - 30.0%, GAAP diluted earnings per share range in a range of $0.86 - $0.96, non-GAAP diluted earnings per share range in a range of $1.80 - $1.90. Tax rate of 27.5%. For the second quarter ending October 2, 2015, the company expected revenue in a range of $1,485 to $1,525 million, GAAP operating margin in a range of 13.0% - 15.0%, non-GAAP operating margin in a range of 26.0% - 28.0%, GAAP diluted earnings per share range in a range of $0.19 - $0.22, non-GAAP diluted earnings per share range in a range of $0.40 - $0.43. Tax rate of 24.0%.

Carlyle reportedly Eyes Veritas From Symantec

The Carlyle Group LP (NasdaqGS:CG) agreed to acquire Veritas Technologies Corporation from Symantec Corporation (NasdaqGS:SYMC), Reuters reported citing a person familiar with the matter. Carlyle declined to comment. Symantec could not immediately be reached for comment.

Veritas Technologies Corporation and Symantec Corporation Announce New Offers for Enterprise Datacenters

Veritas Technologies Corporation and Symantec Corporation have announced new offerings for enterprise datacenters and upgrades to its core portfolio of backup and information management products. Enhancements to current products enable simpler management in hybrid cloud infrastructures and extended protection for VMware and Microsoft virtual environments. Veritas is also introducing new products that enable businesses to delve deep into their data stores to recognize and prioritize information across their organizations. Veritas also offers management tools that help companies find the estimated 1.5% of truly valuable data in their organization to glean information, regardless of underlying infrastructure models. Key product updates and new releases include: Veritas NetBackup 7.7, Veritas InfoScale, Veritas Resiliency Platform, Veritas Data Insight 5.0 and Veritas Information Map. Veritas NetBackup 7.7, the latest iteration of Symantec's, enterprise-grade backup solution adds new functionality and increased performance to support the largest, most dynamic enterprise environments. NetBackup 7.7 introduces enhanced datacenter integration for VMware vSphere 6 and Microsoft Hyper-V, as well as support for hybrid-cloud deployments leveraging Amazon Web Services, Google Nearline and many more. Cloud performance has also been improved and is up to thirty times faster than previous versions. A single solution for the entire enterprise, NetBackup 7.7 empowers IT organizations to reduce complexity and outpace relentless datacenter growth. Veritas InfoScale addresses enterprise business continuity needs for complex, multi-tiered applications in physical and virtual environments. InfoScale solutions provide application availability and software-defined storage to meet datacenter challenges such as operational complexity, tool proliferation, unpredictable service levels and lack of agility through a single, web-based management interface. InfoScale is available via a new, streamlined purchasing model. Veritas Resiliency Platform offers a unified, global approach for IT service continuity, helping to ensure critical data and applications remain accessible at all times across complex, multi-vendor physical and virtual environments. Available now, the Resiliency Platform helps customers ensure critical business applications consistently meet stringent Service Level Agreements. The solution brings visibility, simplicity and automation to service continuity, restoring predictability across enterprise IT business services. Veritas Data Insight 5.0 will extend unstructured data analytics to support governance across on-premises storage platforms and Box cloud storage. Through enhanced access control tracking and entitlements orchestration, Data Insight will help ensure file share security. By applying a user-centric lens to data forensics, Data Insight offers business users the ability to monitor anomalous user activity and behavior. Coming later this summer, Data Insight version 5.0 will continue to expand the application of data analytics to facilitate retention management, achieve access compliance, and gain a better understanding of how user risk relates to data sensitivity. Veritas Information Map is the first cloud application built on the Information Fabric technology that will enable companies to gain better visibility into their unstructured data. Information Map will easily glean metadata from Veritas NetBackup, store it in the cloud and present this data in a user-friendly, visual navigation tool that helps identify areas of risk, areas of value and areas of waste across a customer's primary content repositories. Coming later this summer, the Information Map will help businesses make decisions that reduce information risk and optimize information storage.

 

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SYMC Competitors

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Fidelity National Information Services Inc $67.28 USD +0.20
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Industry Analysis

SYMC

Industry Average

Valuation SYMC Industry Range
Price/Earnings 18.2x
Price/Sales 2.2x
Price/Book 2.3x
Price/Cash Flow 15.0x
TEV/Sales 1.2x
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