Stock Update: EMC Corporation (NYSE:EMC) – RSA Archer® Suite Helps Organizations Take Command of Risk Management

[PR Newswire] – RSA, The Security Division of EMC (EMC), today announced the latest version of the RSA Archer® Suite to inspire everyone within an organization to own risk and develop successful risk and compliance programs. New use case packaging offered by RSA Archer technology is designed to allow organizations to address their specific GRC needs and challenges, regardless of size or GRC maturity level. The platform also introduced new features and functions to include and better engage all business users in risk management programs. Read more on this. EMC Corporation (EMC) , currently valued at $54.01B, opened this morning at $27.60. Today’s price range has been between $27.58 and $27.71 per share and has traded between $22.66 and $28.77 over the past 12 months. Priced at 15.37x this year’s forecasted earnings, EMC shares are relatively expensive compared to the industry’s 14.81x forward p/e ratio. And for income investors, the company pays shareholders $0.46 per share annually in dividends, yielding 1.66%. Consensus earnings for the current quarter by the 25 sell-side analysts covering the stock is an estimate of $0.42 per share, which would be $0.01 worse than the year-ago quarter and a $0.00 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $1.80, which would be a $0.02 setback when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $6.00 Billion. If realized, that would be a 1.15% decrease over the year-ago quarter. Recently, Sterne Agee CRT downgraded EMC from Buy to Neutral (Jun 2, 2016). Previously, UBS downgraded EMC from Buy to Neutral. Investors should keep in mind is that the average price target is $28.87, which is 4.60% above where the stock opened this morning. See more in (NYSE:EMC) Similar Articles: Stock Update (NYSE:EMC): RSA: Organizations Need to Determine Their ‘Cyber Risk Appetite’ Company Update (NYSE:ORCL): Oracle Helps Organizations Personalize the Customer Experience Company Update (NYSE:EMC): EY and EMC® Announce Strategic Alliance to Help Organizations Accelerate Business Transformation