NortonLifeLock Inc. [NLOK] is following upward trend in the market concluded with the last trading session. The shares of the Technology sector company has a current value of $18.15 after NLOK shares went up by 4.61% during the last trading session. One of the reasons why Technology stocks may go bullish is increased momentum in the press.
NortonLifeLock Inc. [NASDAQ:NLOK]: Analyst Rating and Earnings
Equities traders often pay a significant amount of attention to what top market analysts have to say about a potential stock investment. In regards to NortonLifeLock Inc. [NLOK], the most recent average analyst recommendation we can read comes from the fiscal quarter ending in 12/30/2019. On average, stock market experts give NLOK an Hold rating. The average 12-month price forecast for this stock is $18.15, with the high estimate being $23.00, the low estimate being $14.00 and the median estimate amounting to $19.00. This is compared to its latest closing price of $17.35.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for NortonLifeLock Inc. [NLOK] is sitting at 3.33. This is compared to 1 month ago, when its average rating was 3.33.
Fundamental Analysis of NortonLifeLock Inc. [NLOK]
Now let’s turn to look at profitability: with a current Operating Margin for NortonLifeLock Inc. [NLOK] sitting at operating_margin and its Gross Margin at gross_margin.
This company’s Return on Total Capital is 6.17, and its Return on Invested Capital has reached 0.16. Its Return on Equity is 57.30%, and its Return on Assets is 22.30%. These metrics all suggest that NortonLifeLock Inc. is doing well at using the money it earns to generate returns.
Turning to investigate this organization’s capital structure, NortonLifeLock Inc. [NLOK] has generated a Total Debt to Total Equity ratio of 77.59. Similarly, its Total Debt to Total Capital is 43.69, while its Total Debt to Total Assets stands at 27.93. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 69.03, and its Long-Term Debt to Total Capital is 38.87.
What about valuation? This company’s Enterprise Value to EBITDA is 10.31 and its Total Debt to EBITDA Value is 3.59. The Enterprise Value to Sales for this firm is now 3.49, and its Total Debt to Enterprise Value stands at 0.25. NortonLifeLock Inc. [NLOK] has a Price to Book Ratio of 2.52, a Price to Cash Flow Ratio of 10.16 and P/E Ratio of 3.18. These metrics all suggest that NortonLifeLock Inc. is more likely to generate a positive ROI.
NortonLifeLock Inc. [NLOK] has 592.89M shares outstanding, amounting to a total market cap of 10.29B. Its stock price has been found in the range of 10.11 to 21.09. At its current price, it has moved down by -13.96% from its 52-week high, and it has moved up 79.51% from its 52-week low.
This stock’s Beta value is currently 0.90, which indicates that it is 8.74% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 54.44. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is NortonLifeLock Inc. [NLOK] a Reliable Buy?
Shares of NortonLifeLock Inc. [NLOK], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.