Put on watch, $QTM @ .4752 Quantum Corp (QTM)
Post# of 23059
Posted On: 01/29/2016 5:01:44 PM
Put on watch, $QTM @ .4752
Quantum Corp (QTM) Given New $2.00 Price Target at Craig Hallum
January 29th, 2016 - By Renee Johnson - 0 comments
Quantum Corp logoQuantum Corp (NYSE:QTM) had its price target trimmed by Craig Hallum from $2.50 to $2.00 in a research note released on Friday, StockTargetPrices.com reports. The brokerage currently has a buy rating on the stock.
In related news, SVP William C. Britts acquired 40,000 shares of the stock in a transaction dated Tuesday, November 17th. The stock was bought at an average price of $0.85 per share, with a total value of $34,000.00. Following the completion of the transaction, the senior vice president now directly owns 1,204,775 shares of the company’s stock, valued at $1,024,058.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gregg J. Powers acquired 50,000 shares of the stock in a transaction dated Wednesday, November 4th. The shares were bought at an average cost of $0.93 per share, with a total value of $46,500.00. The disclosure for this purchase can be found here.
Other large investors recently modified their holdings of the company. Pacific Ridge Capital Partners LLC bought a new stake in shares of Quantum Corp during the fourth quarter valued at about $1,740,000. Russell Frank Co bought a new stake in shares of Quantum Corp during the fourth quarter valued at about $388,000. Nationwide Fund Advisors increased its stake in shares of Quantum Corp by 37.7% in the fourth quarter. Nationwide Fund Advisors now owns 1,259,787 shares of the company’s stock valued at $1,172,000 after buying an additional 344,681 shares in the last quarter. Finally, California State Teachers Retirement System increased its stake in shares of Quantum Corp by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 399,234 shares of the company’s stock valued at $371,000 after buying an additional 7,114 shares in the last quarter.
Other equities analysts have also issued reports about the stock. Roth Capital restated a buy rating on shares of Quantum Corp in a report on Tuesday, October 6th. TD Securities lowered shares of Quantum Corp to a hold rating in a report on Wednesday, January 20th. FBR & Co. started coverage on shares of Quantum Corp in a report on Friday, December 18th. They issued a hold rating on the stock. Zacks Investment Research upgraded shares of Quantum Corp from a strong sell rating to a hold rating in a report on Thursday, November 5th. Finally, TheStreet lowered shares of Quantum Corp from a hold rating to a sell rating in a report on Friday, October 30th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. Quantum Corp currently has a consensus rating of Hold and an average price target of $2.13.
Quantum Corp (NYSE:QTM) traded down 25.3963% on Friday, hitting $0.4753. The company’s stock had a trading volume of 7,915,301 shares. The company has a 50 day moving average price of $0.79 and a 200-day moving average price of $0.94. Quantum Corp has a 1-year low of $0.45 and a 1-year high of $2.22. The company’s market capitalization is $125.44 million.
Quantum Corp (NYSE:QTM) last announced its quarterly earnings data on Thursday, January 28th. The company reported $0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by $0.01. During the same quarter in the prior year, the company earned $0.04 EPS. The company had revenue of $128 million for the quarter, compared to analyst estimates of $135.24 million. Quantum Corp’s revenue for the quarter was down 9.9% compared to the same quarter last year. On average, equities analysts forecast that Quantum Corp will post ($0.01) earnings per share for the current fiscal year.
Quantum Corporation (NYSE:QTM) is engaged in providing solutions in scale-out storage, archive and data protection. The Company provides solutions for capturing, sharing and preserving digital assets over the entire data lifecycle. The Company provides solutions for storing and protecting information in physical, virtual and cloud environments. The Company’s scale-out storage portfolio includes StorNext software, appliances and systems called StorNext Pro Solutions, as well as Lattus extended online storage and Q-Cloud Archive services. StorNext 5 includes the streaming file system and policy-based tiering for automatically moving data across primary storage, online storage, tape archive and the cloud. The Company has portfolio of data protection solutions for physical, virtual and cloud environments. This includes its DXi deduplication systems, Scalar automated tape libraries and vmPRO virtual server backup software. It offers a Q-Cloud service for data center customers.
12 Month Chart for NYSE:QTM
Stock Target Prices
Quantum Corp (QTM) Given New $2.00 Price Target at Craig Hallum
January 29th, 2016 - By Renee Johnson - 0 comments
Quantum Corp logoQuantum Corp (NYSE:QTM) had its price target trimmed by Craig Hallum from $2.50 to $2.00 in a research note released on Friday, StockTargetPrices.com reports. The brokerage currently has a buy rating on the stock.
In related news, SVP William C. Britts acquired 40,000 shares of the stock in a transaction dated Tuesday, November 17th. The stock was bought at an average price of $0.85 per share, with a total value of $34,000.00. Following the completion of the transaction, the senior vice president now directly owns 1,204,775 shares of the company’s stock, valued at $1,024,058.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gregg J. Powers acquired 50,000 shares of the stock in a transaction dated Wednesday, November 4th. The shares were bought at an average cost of $0.93 per share, with a total value of $46,500.00. The disclosure for this purchase can be found here.
Other large investors recently modified their holdings of the company. Pacific Ridge Capital Partners LLC bought a new stake in shares of Quantum Corp during the fourth quarter valued at about $1,740,000. Russell Frank Co bought a new stake in shares of Quantum Corp during the fourth quarter valued at about $388,000. Nationwide Fund Advisors increased its stake in shares of Quantum Corp by 37.7% in the fourth quarter. Nationwide Fund Advisors now owns 1,259,787 shares of the company’s stock valued at $1,172,000 after buying an additional 344,681 shares in the last quarter. Finally, California State Teachers Retirement System increased its stake in shares of Quantum Corp by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 399,234 shares of the company’s stock valued at $371,000 after buying an additional 7,114 shares in the last quarter.
Other equities analysts have also issued reports about the stock. Roth Capital restated a buy rating on shares of Quantum Corp in a report on Tuesday, October 6th. TD Securities lowered shares of Quantum Corp to a hold rating in a report on Wednesday, January 20th. FBR & Co. started coverage on shares of Quantum Corp in a report on Friday, December 18th. They issued a hold rating on the stock. Zacks Investment Research upgraded shares of Quantum Corp from a strong sell rating to a hold rating in a report on Thursday, November 5th. Finally, TheStreet lowered shares of Quantum Corp from a hold rating to a sell rating in a report on Friday, October 30th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. Quantum Corp currently has a consensus rating of Hold and an average price target of $2.13.
Quantum Corp (NYSE:QTM) traded down 25.3963% on Friday, hitting $0.4753. The company’s stock had a trading volume of 7,915,301 shares. The company has a 50 day moving average price of $0.79 and a 200-day moving average price of $0.94. Quantum Corp has a 1-year low of $0.45 and a 1-year high of $2.22. The company’s market capitalization is $125.44 million.
Quantum Corp (NYSE:QTM) last announced its quarterly earnings data on Thursday, January 28th. The company reported $0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by $0.01. During the same quarter in the prior year, the company earned $0.04 EPS. The company had revenue of $128 million for the quarter, compared to analyst estimates of $135.24 million. Quantum Corp’s revenue for the quarter was down 9.9% compared to the same quarter last year. On average, equities analysts forecast that Quantum Corp will post ($0.01) earnings per share for the current fiscal year.
Quantum Corporation (NYSE:QTM) is engaged in providing solutions in scale-out storage, archive and data protection. The Company provides solutions for capturing, sharing and preserving digital assets over the entire data lifecycle. The Company provides solutions for storing and protecting information in physical, virtual and cloud environments. The Company’s scale-out storage portfolio includes StorNext software, appliances and systems called StorNext Pro Solutions, as well as Lattus extended online storage and Q-Cloud Archive services. StorNext 5 includes the streaming file system and policy-based tiering for automatically moving data across primary storage, online storage, tape archive and the cloud. The Company has portfolio of data protection solutions for physical, virtual and cloud environments. This includes its DXi deduplication systems, Scalar automated tape libraries and vmPRO virtual server backup software. It offers a Q-Cloud service for data center customers.
12 Month Chart for NYSE:QTM
Stock Target Prices
(0)
(0)
I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'