Featured Stock: Quantum Corporation (NYSE:QTM)

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Quantum Corporation (NYSE:QTM) belonging to the Computer and Technology sector which declined -7.63% and closed its last trading session at $0.68.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 11/3/2016. Currently, the stock has a 1 Year Price Target of $1.25.

The consensus recommendation, according to Zacks Investment research, is 1. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 1 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1 and 1 respectively.

Quantum Corporation on 6/30/2016 reported its EPS as $0 with the analysts projecting the EPS of the stock as $-0.01. The company beat the analyst EPS Estimate with the difference of $0.01. This shows a surprise factor of 100%.

Many analysts have provided their estimated foresights on Quantum Corporation Earnings, with 3 analysts believing the company would generate an Average Estimate of $0. Whereas they predicted High and Low Earnings Estimate as $0 and $0 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.03.

Analysts are also projecting an Average Revenue Estimate for Quantum Corporation as $119.94 Million in the Current Quarter. This estimate is provided by 3 analysts. The High Revenue estimate is predicted as 120.89 Million, while the Low Revenue Estimate prediction stands at 119.25 Million. The company’s last year sales total was 117.02 Million.

For the Current Quarter, the growth estimate for Quantum Corporation is 100%, while for the Next Quarter the stock growth estimate is -50%. In the past 5 years, the stock showed growth of -2.89% per annum. While for the next 5 years, the growth estimate is 20%.

The Company got Initiated by ROTH Capital on 25-Aug-15 to Buy.

Insider Trades for Quantum Corporation show that the latest trade was made on 4 Aug 2016 where Stedman (Geoffrey G MBA), the Officer completed a transaction type “Buy” in which 5000 shares were traded at a price of $0.4.

Over the period of 6 months, Insider Purchases show a total of 1 transaction in which 18181 shares were traded.

2 analysts projected Price Targets for Quantum Corporation. The analysts believe that the company stock price could grow as high as $1.5. The Low Price target projection by analysts is $1 and the Mean Price Target is $1.25.

Quantum Corporation (NYSE:QTM) has the market capitalization of $186.44 Million. The company rocked its 52-Week High of $1.05 on Nov 6, 2015 and touched its 52-Week Low of $0.35 on May 4, 2016. The stock has Return on Assets (ROA) of -26.5 percent. Return on Equity (ROE) stands at 65.9% and Return on Investment (ROI) of -835.5 percent.

The stock is currently showing YTD performance of -26.88 Percent. The company has Beta Value of 2.71 and ATR value of 0.05. The Weekly and Monthly Volatility stands at 6.20% and 7.32%.

Company profile:

Quantum is a leading expert in scale-out storage, archive and data protection, providing solutions for capturing, sharing and preserving digital assets over the entire data lifecycle. From small businesses to major enterprises, more than 100,000 customers have trusted Quantum to address their most demanding data workflow challenges. With Quantum, customers can be certain they have the end-to-end storage foundation to maximize the value of their data by making it accessible whenever and wherever needed, retaining it indefinitely and reducing total cost and complexity.