Tibco Software Inc. – Earnings Better than Estimates
Tibco Software Inc. (NASDAQ:TIBX). Last Market Price: 21.9, Change: +0.93, % Change: (4.43%). Shares trade in the range of 20.84 – 22.00 dollars. It has a market capitalization of 3.65B dollars, making it a Mid Cap Stock and has 166.49M outstanding shares. The company has a beta of 1.3, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 0.53; P/E of 41.27. It operates in Technology sector and belongs to Software and Programming industry. Percentage shares held by institutional investors is 86%. The company has a 52 week high of $ 31.45 and a 52 week low of $ 15.74. Average volumes of shares traded daily are 3,600,000. Volume traded in the last session was at 4,070,000, 1.13 times the average volume.
Reports:-
- Q3 (August) EPS – $0.23 better than estimates
- Revenues rose 24.1% year on year to $229 million
For Q2 (May ’11), It had a Net profit margin of 9.74%, an Operating margin of 13.27%. Other Key stats and ratios are : Return on average assets of 6.82%, Return on average equity of 9.93%. The organization has an employee strength of 2,540
Consensus Recommendation is a Outperform.
Estimate for sales for the Quarter Ending Nov-11 show a mean of 277.32 million dollars, an estimate high of 289.95 million dollars and an estimate low of 268.20 million dollars. A year ago the figures stood at 233.41 million dollars.
Estimate for sales for the Quarter Ending Feb-12 show a mean of 213.40 million dollars, an estimate high of 219.80 million dollars and an estimate low of 205.28 million dollars. A year ago the figures stood at 183.18 million dollars.
Estimate for EPS for the Quarter Ending Nov-11 show a mean of 0.35 dollars, an estimate high of 0.37 dollars and an estimate low of 0.33 dollars. A year ago the figures stood at 0.31 dollars.
Estimate for EPS for the Quarter Ending Feb-12 show a mean of 0.20 dollars, an estimate high of 0.21 dollars and an estimate low of 0.18 dollars. A year ago the figures stood at 0.16 dollars.
Sales for Quarter Ending Aug-11 was estimated at 219.91 million dollars, however the actual sales figure stood at 228.97 million dollars, 9.06 million dollars more than estimates.
Sales for Quarter Ending May-11 was estimated at 198.47 million dollars, however the actual sales figure stood at 216.42 million dollars, 17.95 million dollars more than estimates.
Post Written By: Ed Liston
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht. |