Symantec Corp (SYMC) Files 10-K for the Fiscal Year Ended on March 31, 2019

Symantec Corp (SYMC, Financial) files its latest 10-K with SEC for the fiscal year ended on March 31, 2019. Symantec Corp provides software solutions attending to security and backup. Its products and services protect data across mobile devices, enterprise data centers and cloud-based systems. Symantec Corp has a market cap of $12.69 billion; its shares were traded at around $19.85 with a P/E ratio of 496.25 and P/S ratio of 2.70. The dividend yield of Symantec Corp stocks is 1.51%. Symantec Corp had annual average EBITDA growth of 16.20% over the past five years.

For the last quarter Symantec Corp reported a revenue of $1.2 billion, compared with the revenue of $1.2 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $4.7 billion, a decrease of 2.1% from the previous year. For the last five years Symantec Corp had an average revenue growth rate of 3.9% a year.

The reported diluted earnings per share was 5 cents for the year, a decline of 97.1% from the previous year. The Symantec Corp had a decent operating margin of 13.13%, compared with the operating margin of 9.5% a year before. The 10-year historical median operating margin of Symantec Corp is 14.65%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Symantec Corp has the cash and cash equivalents of $1.8 billion, compared with $1.8 billion in the previous year. The long term debt was $4 billion, compared with $5 billion in the previous year. The interest coverage to the debt is 3, which is not a favorable level. Symantec Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $19.85, Symantec Corp is traded at close to its historical median P/S valuation band of $19.36. The P/S ratio of the stock is 2.70, while the historical median P/S ratio is 2.63. The stock lost 4.92% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Peter A Feld bought 650,000 shares of SYMC stock on 05/16/2019 at the average price of $19.73. The price of the stock has increased by 0.61% since.
  • Director Peter A Feld bought 650,000 shares of SYMC stock on 05/15/2019 at the average price of $19.51. The price of the stock has increased by 1.74% since.
  • Director Peter A Feld bought 700,000 shares of SYMC stock on 05/14/2019 at the average price of $19.53. The price of the stock has increased by 1.64% since.

For the complete 20-year historical financial data of SYMC, click here.