Trend Micro Inc. (OTCMKTS:TMICY – Get Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $34.5640, but opened at $35.6950. Trend Micro shares last traded at $34.90, with a volume of 344 shares trading hands.
Analyst Ratings Changes
Several brokerages have recently commented on TMICY. Jefferies Financial Group upgraded Trend Micro from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 4th. Zacks Research upgraded Trend Micro from a “strong sell” rating to a “hold” rating in a research report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy”.
View Our Latest Stock Report on TMICY
Trend Micro Stock Performance
Trend Micro (OTCMKTS:TMICY – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The technology company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.23). The firm had revenue of $469.40 million during the quarter, compared to analysts’ expectations of $456.51 million. Trend Micro had a return on equity of 27.93% and a net margin of 12.30%. Analysts anticipate that Trend Micro Inc. will post 1.81 earnings per share for the current fiscal year.
Trend Micro Company Profile
Trend Micro Incorporated is a global cybersecurity company that develops software and services to protect data and networks from evolving digital threats. Headquartered in Tokyo, Japan, with additional offices in North America, Europe and Asia-Pacific, the company offers solutions designed to safeguard businesses, governments and individual users. Since its founding in 1988, Trend Micro has focused on leveraging advanced threat intelligence and machine learning to deliver proactive security measures.
The company’s product portfolio spans endpoint security, network defense, cloud security and threat intelligence services.
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