Mentor Graphics Corporations in-depth stock price analysis indicates that the stock price has rallied 1.04% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 53.5% . Looking at the past 52 week period, the stock price is up at 113.49% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Mentor Graphics Corporation has a positive value of 81.46 compared to overall market. Mentor Graphics Corporation (NASDAQ:MENT) has tumbled 0.19% during the past week and has dropped 0.11% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.99%. Mentor Graphics Corporation (NASDAQ:MENT) has underperformed the index by 1.9% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Mentor Graphics Corporation (NASDAQ:MENT) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.04 points or 0.11% at $36.87 with 5,506,401 shares getting traded. Post opening the session at $36.92, the shares hit an intraday low of $36.87 and an intraday high of $36.93 and the price was in this range throughout the day. The company has a market cap of $4,038 million and the number of outstanding shares has been calculated to be 109,521,738 shares. The 52-week high of Mentor Graphics Corporation (NASDAQ:MENT) is $37.03 and the 52-week low is $16.47.
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.
Several 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. 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.