Today’s featured asset is VMware Inc. (VMW). If investors had used our AI trading strategy between 2020-11-24 and 2022-06-07, they would have seen an average return of 53.75%, with each trade averaging 17.92%. The strategy opened a total of 3 positions over the period, with an average position length of 35.0 days. Based on the data, our AI strategy suggests that VMW is a STRONGBUY with a buy price target of 159.99. Our model has an accuracy of 0.8 when predicting an upward trend in the following two weeks. The analyst consensus price target for VMW is 140.46.
Company Overview
VMware Inc (NYSE:VMW) is a leading provider of software in the areas of hybrid and multicloud, modern applications, networking, security, and digital workspaces. The company is headquartered in Palo Alto, California and has a market capitalization of $49.5 billion. VMware is a publicly traded company and trades on the New York Stock Exchange under the ticker symbol VMW.
Markets & Historic Company Performance
VMware has grown steadily since it was founded in 1998, and it now serves customers in over 100 countries. The company’s revenues have grown steadily over the last decade, and in the most recent fiscal year, VMware reported total revenue of $13.17 billion, a 6.5% increase from the previous year. The company also reported net income of $2.54 billion, a 5.4% increase from the previous year. Additionally, VMware reported strong free cash flow of $3.19 billion, a 27.8% increase from the previous year.
Share Price Performance & Current Share Price
VMware’s share price has also seen significant growth in recent years, with the stock more than doubling in value since the beginning of 2020. On September 1, 2023, the share price was $159.99, representing a 20.3% increase from the same date a year ago. The current market capitalization of the company is $49.5 billion, and the price to book ratio is 65.74. Additionally, the stock has a trailing P/E ratio of 35.8 and a forward P/E ratio of 16.05.
Unnamed: 0: 0
Symbol: VMW
AssetType: Common Stock
Name: VMware Inc
Description: VMware, Inc. provides software in the areas of hybrid and multicloud, modern applications, networking, security, and digital workspaces in the United States and internationally. The company is headquartered in Palo Alto, California.
CIK: 1124610
Exchange: NYSE
Currency: USD
Country: USA
Sector: TECHNOLOGY
Industry: SERVICES-PREPACKAGED SOFTWARE
Address: 3401 HILLVIEW AVENUE, PALO ALTO, CA, US
FiscalYearEnd: January
LatestQuarter: 2022-10-31
MarketCapitalization: 49494120000
EBITDA: 2734000000
PERatio: 26.72
PEGRatio: 1.943
BookValue: 1.898
DividendPerShare: 0
DividendYield: 0
EPS: 3.318
RevenuePerShareTTM: 31.22
ProfitMargin: 0.107
OperatingMarginTTM: 0.163
ReturnOnAssetsTTM: 0.042
ReturnOnEquityTTM: 25.49
RevenueTTM: 13166000000
GrossProfitTTM: 10580000000
DilutedEPSTTM: 3.25
QuarterlyEarningsGrowthYOY: -0.426
QuarterlyRevenueGrowthYOY: 0.007
AnalystTargetPrice: 140.46
TrailingPE: 35.8
ForwardPE: 16.05
PriceToSalesRatioTTM: 3.974
PriceToBookRatio: 65.74
EVToRevenue: 4.599
EVToEBITDA: 18.47
Beta: 0.784
52WeekHigh: 132.15
52WeekLow: 91.53
50DayMovingAverage: 122.33
200DayMovingAverage: 116.12
SharesOutstanding: 425427000
DividendDate: 2021-11-01
ExDividendDate: 2021-11-02
| Date | Symbol | Prediction | Model Accuracy | Price Target | Analyst Target |
|---|---|---|---|---|---|
| 2023-09-01 | VMW | STRONGBUY | 0.8 | 159.99 | 140.46 |
| 2023-08-31 | VMW | MEDIUMBUY | 0.8 | 168.78 | 140.46 |
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