Impact of Brokerage Rating on Mentor Graphics Corporation(MENT)

Many Mentor Graphics Corporation(MENT) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Mentor Graphics Corp was Downgraded by Credit Suisse to Neutral on Nov 28, 2016.

Company has reported several Insider transactions to the SEC, on Jun 21, 2016, Keith Barnes (director) sold 2,982 shares at 21.79 per share price.On Jun 1, 2016, Gregory K Hinckley (President) sold 32,396 shares at 21.37 per share price.On Jan 8, 2016, Patrick Mcmanus (director) purchased 2,000 shares at 17.13 per share price.

Mentor Graphics Corp Last issued its quarterly earnings results on Nov 22, 2016. The company reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $0.42. The company had revenue of $322.50 million for the quarter, compared to analysts expectations of $309.50 million. The companys revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.28 EPS.

Mentor Graphics Corporation (NASDAQ:MENT) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3 by 1 Brokerage Firm. 1 Brokerage Firms have advised hold.

Mentor Graphics Corporation (NASDAQ:MENT) shares are expected to touch $32.63 in the short term. This short term price target has been shared by 2 analysts. However, the standard deviation of short term price estimate has been valued at 6.54. The target price could hit $37 on the higher end and $28 on the lower end.

Mentor Graphics Corporation (NASDAQ:MENT) rose 0.05% or 0.02 points on Tuesday and made its way into the gainers of the day. After trading began at $36.9 the stock was seen hitting $36.94 as a peak level and $36.9 as the lowest level. The stock ended up at $36.92. The daily volume was measured at 1,477,224 shares. The 52-week high of the share price is $37.03 and the 52-week low is $17.27. The company has a market cap of $4,044 million.

MENTOR GRAPHICS CORP. designs, manufactures, markets and supports electronic design automation (EDA) software for the integrated circuit and systems design markets. The company provides a broad range of EDA tools developed either by the Company or together with third parties to support the entire electronic design process. The Companys software products enable engineers and designers to design, analyze, place and route, and test custom (ASICs), printed circuit boards, multichip modules and other electronic systems and subsystems.


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