Mentor Graphics Corp. (NASDAQ:MENT) Analyst Estimates

Mentor Graphics Corp. (NASDAQ:MENT) Analyst Estimates

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.

Add Comment

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Click here for more information.