Shares of NortonLifeLock Inc. (NASDAQ:NLOK) have been assigned an average broker rating score of 2.93 (Hold) from the fourteen brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has issued a strong buy rating on the company. NortonLifeLock’s rating score has declined by 2.1% from 90 days ago as a result of various analysts’ ratings changes.
Brokers have set a 1-year consensus price target of $24.59 for the company and are expecting that the company will post $0.08 EPS for the current quarter, according to Zacks. Zacks has also given NortonLifeLock an industry rank of 104 out of 255 based on the ratings given to related companies.
A number of analysts recently weighed in on the stock. Zacks Investment Research cut shares of NortonLifeLock from a “hold” rating to a “sell” rating in a report on Thursday, November 14th. Barclays assumed coverage on shares of NortonLifeLock in a report on Wednesday, November 6th. They issued an “equal weight” rating on the stock. Royal Bank of Canada assumed coverage on shares of NortonLifeLock in a report on Friday, November 8th. They issued a “sector perform” rating on the stock. Finally, Mizuho assumed coverage on shares of NortonLifeLock in a report on Wednesday, November 6th. They issued a “buy” rating on the stock.
Shares of NLOK stock traded up $0.15 during trading hours on Thursday, reaching $24.70. The stock had a trading volume of 2,360,500 shares, compared to its average volume of 6,685,661. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 0.55. NortonLifeLock has a twelve month low of $17.42 and a twelve month high of $26.07. The stock has a market cap of $15.47 billion, a PE ratio of 21.11, a price-to-earnings-growth ratio of 12.23 and a beta of 1.28.
NortonLifeLock (NASDAQ:NLOK) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.46 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.05. NortonLifeLock had a net margin of 21.39% and a return on equity of 12.82%. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter last year, the company earned $0.42 EPS. The company’s revenue for the quarter was up .3% compared to the same quarter last year. Equities analysts forecast that NortonLifeLock will post 0.44 EPS for the current fiscal year.
The company also recently disclosed a dividend, which will be paid on Wednesday, December 18th. Investors of record on Monday, November 25th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Friday, November 22nd. NortonLifeLock’s dividend payout ratio (DPR) is presently 25.64%.
NortonLifeLock Company Profile
NortonLifeLock Inc provides cyber security products, services, and solutions worldwide. The company offers Norton security solutions as a subscription service providing protection for devices against malware, viruses, adware, and ransomware on various platforms; and LifeLock identity theft protection solution that provides identity monitoring, alerts, and restoration to its customers.
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