Mentor Graphics Corporation (NASDAQ:MENT) registered a -0.03% decrease, still its new closing price is 130.30% up from the company’s 1 year high of 36.97.It posted -0.05% losses in previous 5 sessions and is now the subject of 5 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 0 buy or better ratings. The 5 stock analysts following this company have an average price target at $37.25, with individual PT in the $37.25-$37.25 range. The shares moved at $36.92, implying that brokerage firms see shares gaining about 113.91% in twelve months time.
Mentor Graphics Corporation (MENT) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 0.08% rise year to date. A Director at Mentor Graphics Corporation (MENT) offloaded shares in a transaction closed on Monday June 20, 2016. BARNES KEITH sold 2,982 shares in the company at $21.79 each and collected $64,001 in proceeds. BARNES KEITH now owns 8,560 shares in the company after this transaction. A President in the company, HINCKLEY GREGORY K, disclosed a transaction on Friday May 27, 2016 that ended up generating $692,000 from the sale of 32,396 shares at $21.37 per share.
Mentor Graphics Corporation (NASDAQ:MENT) Upcoming Results on Tap
Mentor Graphics Corporation will next provide financial results for the April 2017 quarter. Stock analysts expect it to report per-share earnings of $0.05 in that period. Sales during the quarter are predicted to arrive at $250.94 million.
Earnings surprise history: Last quarter, the company posted approximately $322.52 million in revenue and EPS of $0.50. The mean forecast was for $309.43 million and $0.41 a share, respectively. One quarter earlier, revenue for the stock was at $254.34 million, with earnings at $0.15/share.
Mentor Graphics Corporation (MENT) Brokerage Update
Mentor Graphics Corporation (MENT) is in Credit Suisse’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Outperform by Credit Suisse, according to news reported on Monday November 28, 2016.Another important research note was issued by DA Davidson on Monday February 22, 2016.The firm upgraded MENT to Buy from Neutral. Over the last six months and over the last three months, the shares of Mentor Graphics Corporation (MENT), have changed 76.08% and 29.69%, respectively.