VMWare Inc. (VMW): Today's Featured Technology Loser

VMWare (VMW) pushed the Technology sector lower today making it today's featured Technology loser. The sector as a whole closed the day up 0.6%. By the end of trading, VMWare fell 53 cents (-0.6%) to $90.51 on average volume. Throughout the day, 1.8 million shares of VMWare exchanged hands as compared to its average daily volume of 1.9 million shares. The stock ranged in price between $89.15-$91.31 after having opened the day at $89.98 as compared to the previous trading day's close of $91.04. Other company's within the Technology sector that declined today were: Liquidity Service (LQDT), down 24.9%, Winland Electronics (WEX), down 23.3%, Onstream Media Corporation (ONSM), down 19.8%, and Cover-All Technologies (COVR), down 14.3%.

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VMware, Inc. provides virtualization and virtualization-based cloud infrastructure solutions in the United States and internationally. VMWare has a market cap of $10.7 billion and is part of the computer software & services industry. The company has a P/E ratio of 45.9, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 9.4% year to date as of the close of trading on Friday. Currently there are 18 analysts that rate VMWare a buy, no analysts rate it a sell, and nine rate it a hold.

TheStreet Ratings rates VMWare as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

• You can view the full VMWare Ratings Report.

On the positive front, Tegal Corporation (TGAL), up 43.9%, Daystar Technologies (DSTI), up 24.4%, LookSmart (LOOK), up 21.9%, and MEMC Electronic Materials (WFR), up 21.7%, were all gainers within the technology sector with Equinix (EQIX) being today's featured technology sector winner.

• Use our technology section to find sector-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR (XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology (REW).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on VMware Inc. click any of the following:

• VMware Inc. Stock Price

• VMware Inc. Analyst Ratings

• VMware Inc. Key Stats & Profile

• VMware Inc. Earnings

• VMware Inc. Ratio Comparison

• VMware Inc. Growth Rates

• VMware Inc. Balance Sheet

• VMware Inc. Cash Flow

• VMware Inc. Income Statement