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 3.33 by 6 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.
Mentor Graphics Corporation (NASDAQ:MENT): The mean estimate for the short term price target for Mentor Graphics Corporation (NASDAQ:MENT) stands at $22.67 according to 3 Analysts. The higher price target estimate for the stock has been calculated at $24 while the lower price target estimate is at $20.
Mentor Graphics Corporation (NASDAQ:MENT) rose 0.6% or 0.13 points on Tuesday and made its way into the gainers of the day. After trading began at $21.71 the stock was seen hitting $21.91 as a peak level and $21.68 as the lowest level. The stock ended up at $21.83. The daily volume was measured at 1,251,225 shares. The 52-week high of the share price is $28.09 and the 52-week low is $16.1. The company has a market cap of $2,335 million.
Shares of Mentor Graphics Corp. rose by 1.06% in the last five trading days and 5.21% for the last 4 weeks. Mentor Graphics Corp. is up 10.75% in the last 3-month period. Year-to-Date the stock performance stands at 19.15%.
Mentor Graphics Corporation is a supplier of electronic design automation (EDA) tools – computer software and emulation hardware systems used to automate the design, analysis and testing of complex electro-mechanical systems, electronic hardware and embedded systems software in electronic systems and components. The Companys products are used in the design and development of a diverse set of electronic products, including automotive electronics, computers and workstations, digital cameras, cellular telephones, medical devices, smart phones, industrial electronics and manufacturing systems. The Company segregated revenues into five categories of similar products and services: Scalable Verification, IC Design to Silicon, Integrated System Design, New and Emerging Products, and Services and Other.