Analysts See $1.14 EPS for VMware, Inc. (VMW)

August 13, 2018 - By Nadine Davis

VMware, Inc. (NYSE:VMW) LogoInvestors sentiment decreased to 0.74 in 2018 Q1. Its down 0.13, from 0.87 in 2017Q4. It fall, as 68 investors sold VMware, Inc. shares while 154 reduced holdings. 62 funds opened positions while 103 raised stakes. 79.49 million shares or 10.15% less from 88.47 million shares in 2017Q4 were reported.
Wealth Architects Ltd Liability, a California-based fund reported 7,857 shares. Quebec – Canada-based Caisse De Depot Et Placement Du Quebec has invested 0.01% in VMware, Inc. (NYSE:VMW). Nomura Asset Mgmt Ltd owns 9,750 shares or 0.01% of their US portfolio. Clinton Grp holds 0.77% of its portfolio in VMware, Inc. (NYSE:VMW) for 58,923 shares. Panagora Asset Mgmt holds 2,330 shares. Sei Invs holds 21,680 shares. Northwestern Mutual Wealth accumulated 0% or 999 shares. Natixis holds 0.05% or 64,624 shares in its portfolio. Cookson Peirce owns 168,725 shares or 1.85% of their US portfolio. Savings Bank invested in 0% or 2,088 shares. Hl Fincl Svcs Ltd Liability Corp has invested 0.01% in VMware, Inc. (NYSE:VMW). First Personal Fincl Svcs reported 0% of its portfolio in VMware, Inc. (NYSE:VMW). 7,093 are owned by Eaton Vance Management. 40,268 were reported by Acadian Asset Ltd Com. Lucus accumulated 1,778 shares or 0.37% of the stock.

Since June 1, 2018, it had 0 insider purchases, and 5 insider sales for $16.62 million activity. 20,000 VMware, Inc. (NYSE:VMW) shares with value of $3.20M were sold by POONEN SANJAY. 7,100 shares were sold by Rowe Zane, worth $1.11 million. 13,485 shares valued at $2.14M were sold by Krysler P. Kevan on Thursday, July 5. 30,000 shares were sold by RAMASWAMI RAJIV, worth $4.28M on Friday, June 1.

Analysts expect VMware, Inc. (NYSE:VMW) to report $1.14 EPS on August, 23.They anticipate $0.26 EPS change or 29.55 % from last quarter’s $0.88 EPS. VMW’s profit would be $463.82 million giving it 33.60 P/E if the $1.14 EPS is correct. After having $0.87 EPS previously, VMware, Inc.’s analysts see 31.03 % EPS growth. The stock decreased 0.36% or $0.55 during the last trading session, reaching $153.21. About 508,062 shares traded. VMware, Inc. (NYSE:VMW) has risen 41.00% since August 13, 2017 and is uptrending. It has outperformed by 28.43% the S&P500.

VMware, Inc. (NYSE:VMW) Ratings Coverage

Among 16 analysts covering VMware Inc (NYSE:VMW), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. VMware Inc had 21 analyst reports since February 15, 2018 according to SRatingsIntel. The firm earned “Outperform” rating on Friday, June 1 by BMO Capital Markets. KeyBanc Capital Markets maintained it with “Buy” rating and $155.0 target in Friday, March 2 report. The rating was maintained by JP Morgan with “Overweight” on Friday, June 1. The rating was maintained by Morgan Stanley on Friday, June 1 with “Overweight”. The company was maintained on Monday, May 21 by Credit Suisse. Maxim Group maintained the stock with “Hold” rating in Friday, June 1 report. As per Friday, June 1, the company rating was maintained by KeyBanc Capital Markets. The rating was maintained by Maxim Group with “Hold” on Tuesday, March 6. The firm earned “Market Perform” rating on Tuesday, July 10 by Wells Fargo. The firm earned “Outperform” rating on Friday, June 1 by Credit Suisse.

VMware, Inc. provides virtualization and cloud infrastructure solutions in the United States and internationally. The company has market cap of $62.34 billion. The Company’s virtualization infrastructure solutions includes a suite of services and products designed to deliver a software-defined data center, run on industry-standard desktop computers, servers, and mobile devices; and supports a range of operating system and application environments, as well as networking and storage infrastructures. It has a 49.89 P/E ratio. The firm offers VMware vSphere, a data center platform, which enables users to deploy hypervisor, a layer of software that resides between the operating system and system hardware to enable compute virtualization; storage and availability products that provide data storage and protection options; network and security products; and management and automation products to manage and automate overarching IT processes involved in provisioning IT services and resources to users from initial infrastructure deployment to retirement.

More notable recent VMware, Inc. (NYSE:VMW) news were published by: Nasdaq.com which released: “VMware to Announce Fiscal Year 2019 Second Quarter Financial Results on Thursday, August 23, 2018” on August 09, 2018, also Globenewswire.com with their article: “Malala Yousafzai to Speak at VMworld 2018” published on August 09, 2018, Bizjournals.com published: “Dell to sell 5G division to VMware as it seeks to go public” on August 11, 2018. More interesting news about VMware, Inc. (NYSE:VMW) were released by: Nasdaq.com and their article: “VMware Accelerates 5G Readiness for Communications Service Providers with Intent to Acquire Dell EMC Service …” published on August 09, 2018 as well as Seekingalpha.com‘s news article titled: “VMware Is Ready To Soar Without Dell” with publication date: July 17, 2018.

VMware, Inc. (NYSE:VMW) Institutional Positions Chart

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