Earnings Report: Here’s what to expect from VMware, Inc. (NYSE:VMW)

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Earnings results for VMware, Inc. (NYSE:VMW)

Vmware, Inc. is expected* to report earnings on 05/28/2020 after market close. The report will be for the fiscal Quarter ending Apr 2020. According to Zacks Investment Research, based on 8 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.66. The reported EPS for the same quarter last year was $0.93.

VMware last released its quarterly earnings results on February 27th, 2020. The virtualization software provider reported $2.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.17 by $0.12. The company had revenue of $3.07 billion for the quarter, compared to analysts’ expectations of $2.95 billion. Its quarterly revenue was up 11.3% on a year-over-year basis. VMware has generated $4.51 earnings per share over the last year and currently has a price-to-earnings ratio of 9.1. VMware has confirmed that its next quarterly earnings report will be published on Thursday, May 28th, 2020. VMware will be holding an earnings conference call on Thursday, May 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Analyst Opinion on VMware, Inc. (NYSE:VMW)

25 Wall Street analysts have issued ratings and price targets for VMware in the last 12 months. Their average twelve-month price target is $164.24, suggesting that the stock has a possible upside of 17.60%. The high price target for VMW is $200.00 and the low price target for VMW is $115.00. There are currently 1 sell rating, 9 hold ratings and 15 buy ratings for the stock, resulting in a consensus rating of “Buy.”

VMware has received a consensus rating of Buy. The company’s average rating score is 2.56, and is based on 15 buy ratings, 9 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $164.24, VMware has a potential upside of 17.6% from its current price of $139.66. VMware has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: VMware, Inc. (NYSE:VMW)

VMware does not currently pay a dividend. VMware does not have a long track record of dividend growth.

Insiders buying/selling: VMware, Inc. (NYSE:VMW)

In the past three months, VMware insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $22,575,871.00 in company stock. Only 28.80% of the stock of VMware is held by insiders. Only 17.10% of the stock of VMware is held by institutions.

Earnings and Valuation of VMware, Inc. (NYSE:VMW

Earnings for VMware are expected to grow by 23.77% in the coming year, from $3.66 to $4.53 per share. The P/E ratio of VMware is 9.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.82. The P/E ratio of VMware is 9.13, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.94. VMware has a PEG Ratio of 2.25. PEG Ratios above 1 indicate that a company could be overvalued. VMware has a P/B Ratio of 8.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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