VMW delivered solid 3Q11 results
VMware, Inc. (NYSE:VMW). Last Market Price: 93.75, Change: +4.23, % Change: (4.73%). Shares trade in the range of 88.85 – 94.34 dollars. It has a market capitalization of 39.59B dollars, making it a Large Cap Stock and has 422.30M outstanding shares. The company has a beta of 1.58, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 1.5; P/E of 62.68. It operates in Technology sector and belongs to Software and Programming industry. Percentage shares held by institutional investors is 19%. The company has a 52 week high of $ 111.43 and a 52 week low of $ 71.04. Average volumes of shares traded daily are 2,170,000. Volume traded in the last session was at 3,600,000, 1.66 times the average volume.
- Reports Q3 (Sep)
- EPS of $0.53 better than the estimates
- Revenues rose 31.9% year on year to $941.9 million.
- License revenues for Q3 were $444 million, an increase of 29% from the third quarter of 2010.
For Q2 (Jun ’11), It had a Net profit margin of 23.90%, an Operating margin of 20.29%. Other Key stats and ratios are : Return on average assets of 12.10%, Return on average equity of 21.30%. The organization has an employee strength of 9,000
Consensus Recommendation is a Outperform.
Estimate for sales for the Year Ending Dec-11 show a mean of 3,726.93 million dollars, an estimate high of 3,807.00 million dollars and an estimate low of 3,666.42 million dollars. A year ago the figures stood at 3,320.62 million dollars.
Estimate for sales for the Year Ending Dec-12 show a mean of 4,492.57 million dollars, an estimate high of 5,165.00 million dollars and an estimate low of 4,202.39 million dollars. A year ago the figures stood at 3,939.71 million dollars.
Estimate for EPS for the Year Ending Dec-11 show a mean of 2.07 dollars, an estimate high of 2.14 dollars and an estimate low of 1.72 dollars. A year ago the figures stood at 1.68 dollars.
Estimate for EPS for the Year Ending Dec-12 show a mean of 2.46 dollars, an estimate high of 2.79 dollars and an estimate low of 1.92 dollars. A year ago the figures stood at 2.09 dollars.
Sales for Quarter Ending Sep-11 was estimated at 929.38 million dollars, however the actual sales figure stood at 941.86 million dollars, 12.48 million dollars more than estimates.
Sales for Quarter Ending Jun-11 was estimated at 873.06 million dollars, however the actual sales figure stood at 921.21 million dollars, 48.15 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. |