Mentor Graphics Corp. (NASDAQ:MENT) Analyst Estimates

Mentor Graphics Corporation (NASDAQ:MENT) stock is presently standing at about $37.14 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 2 analysts covering the company is $37.25, which suggests the stock could still rise over 0 percent. The highest analyst price target is $37.25, which implies a rally of 100 percent. And a quick view of analyst notes show that 0 are rating the stock a buy while 0 rate MENT a strong buy. There are 5 equity research firms advocating a Hold and 0 consider it Sell.

Credit Suisse analysts provided their view on Mentor Graphics Corporation (NASDAQ:MENT) recently. The rating firm issued a Neutral rating to this company in a research note released on Nov 28, 2016. Credit Suisse analysts disclosed their opinion on Mentor Graphics Corporation (NASDAQ:MENT) recently. The rating firm gave a Outperform rating to this stock in a research note published on Oct 19, 2016. According to a research note disclosed on Feb 22, 2016, analysts at DA Davidson have upped their rating on these shares from Neutral to Buy.

Mentor Graphics Corporation (NASDAQ:MENT) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its Director BARNES KEITH sold 2,982 company shares for 64980, in a transaction on 2016-06-20. Following the transaction, the Director is left with a stake of 8,560 shares, currently valued at $317918. Meanwhile, President HINCKLEY GREGORY K sold 32,396 shares worth $692300, through a transaction dated 2016-05-27. Following the completion of the transaction, the insider is left with a stake of 495,000 shares, amounting $18384300. MENT NO LONGER SUBJECT TO SEC. 16 ICAHN CARL C also sold 8,060,145 shares, at a stock price of $18.12. This transaction occurred on 2016-02-18 totals $146049830. After this transaction, the insider’s stake stands at 8,060,144 shares, with a market value of $299353748.

Executives hold 1.49 percent of the stock. Mr. Gregory K. Hinckley is one of the biggest insider owners in Mentor Graphics Corporation (NASDAQ:MENT), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 567,404 shares which have current market value of around $21073384.56.Dr. Walden C. Rhines is another major inside shareholder in the company. The insider owns 199,750 shares as of 0.18%, currently worth $7418715. Brian Derrick is ranked as third insider holder of the stock. This insider holds 122,507 shares with a market value around $4549909.98 as of recent close.

Mentor Graphics Corporation (NASDAQ:MENT) Earnings Outlook

In Mentor Graphics Corporation (NASDAQ:MENT)’s latest quarter, EPS moved to $1.21 from $0.50 in preceding quarter and revenues reached at $477.97M compared to $322.52M. Analysts had expected Mentor Graphics Corporation (NASDAQ:MENT) to post net income of about $1.04 per share on $414.40M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $-0.01 to $0.10. That is compared with the $0.02 in EPS it reported during the same period a year ago.