$0.11 EPS Expected for Quantum Corporation (QTM)

December 29, 2017 - By Clifton Ray

 $0.11 EPS Expected for Quantum Corporation (QTM)

Analysts expect Quantum Corporation (NYSE:QTM) to report $0.11 EPS on January, 24.They anticipate $0.05 EPS change or 31.25 % from last quarter’s $0.16 EPS. QTM’s profit would be $3.81M giving it 12.80 P/E if the $0.11 EPS is correct. After having $-0.19 EPS previously, Quantum Corporation’s analysts see -157.89 % EPS growth. The stock decreased 1.05% or $0.06 during the last trading session, reaching $5.63. About 292,813 shares traded. Quantum Corporation (NYSE:QTM) has risen 151.14% since December 29, 2016 and is uptrending. It has outperformed by 134.44% the S&P500.

Quantum Corporation (NYSE:QTM) Ratings Coverage

Among 3 analysts covering Quantum (NYSE:QTM), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Quantum had 4 analyst reports since August 25, 2015 according to SRatingsIntel. TH Capital initiated it with “Buy” rating and $1.5 target in Tuesday, August 25 report. The rating was initiated by Roth Capital on Tuesday, August 25 with “Buy”. The rating was maintained by Roth Capital on Tuesday, June 27 with “Buy”.

Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses and multi-national enterprises in the Americas, Europe, and the Asia Pacific. The company has market cap of $195.21 million. The firm offers StorNext 5 software and hardware that offer file sharing and archiving in purpose-built configurations of metadata controllers, expansion appliances, and disk and archive enabled libraries; Xcellis product, which optimizes workflow and shared access by combining functions into a compact, space, and energy-saving solution; and Lattus Object Storage solutions that enable high volumes of data to be available to extract valuable information. It currently has negative earnings. It also offers StorNext Storage Manager software; and StorNext AEL archives products, which provide near-line archiving with built-in data protection and self-healing capabilities.

More news for Quantum Corporation (NYSE:QTM) were recently published by: Prnewswire.com, which released: “Quantum Unveils Scale-out NAS for High-Value and Data-Intensive Workloads” on December 12, 2017. Prnewswire.com‘s article titled: “Open Source Community Embraces Quantum’s Cloud-Native Storage Project” and published on December 06, 2017 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: