What Is The Buzz Surrounding Mentor Graphics Corporation (NASDAQ:MENT)?

Mentor Graphics Corporation (NASDAQ:MENT) has made place in the list of notable movers in today’s trading day, where it started the session at 16.70 and was last noted trading at 16.98. In the current trading session, the share price moved up on the chart to make a high of 17.03 while low was 16.64. The market cap of Mentor Graphics Corporation, a NMS listed entity, stands at 1.99B. The average volume recorded in last three months stands at 1730200 shares.

Mentor Graphics Corporation (NASDAQ:MENT) stock is followed by numerous brokerage firms, and these firms have kept a target of 25.60 on the stock. The company recorded EPS of 1.24 in last twelve months. As per First Call, for the next quarter, {[n}} may post earnings of 0.20 per share. The EPS for the next year and the current year is projected to come at 1.48 and 1.40, respectively.

The analysts performed the technical analysis on the stock and revealed that the 50 Day Moving Average stands at 17.56. The current equity price puts it a distance of -3.28% from the mentioned 50-Day moving average. Further, the stock price is trading -39.55% and +5.47% away from recorded 52-week high and low of 28.09 and 16.10, respectively.

The price to earnings ratio measures a stock’s earning potential by assessing its last share price, with EPS. Mentor Graphics Corporation reported that its earnings stands at 13.65 per share. A lower ratio is indicative of a firm’s poor future earnings growth potential, with respect to EPS of firms in the same industry. This year’s Price to EPS ratio is projected at 12.13 while for next year at 11.47.

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