Tibco Software Inc. (NASDAQ:TIBX) suffers new low after two downgrades in the wake of weak forecast

  on Dec 06,2012 Posted in Business News ,Finance
 
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Tibco Software Inc. (NASDAQ:TIBX) suffered new low on Wednesday after the data management and analytics software company gave guidance for weaker-than-expected fourth-quarter results, citing reductions in government spending and the impact of Superstorm Sandy. The company’s rating was also downgraded to neutral from buy by Bank of America-Merrill Lynch, referring to the warning and the trouble seen after a leadership change in the company’s North America sales organization.

The software company predicts profit in a range of 26 or 27 cents per share and 37 or 38 cents per share after excluding one-time items. It predicted sales between $292 million and $295 million. Analysts projected the company to earn 44 cents per share with $316 million in revenue.

Earnings for the full year are expected to be 69 or 70 cents per share and $1.10 to $1.11 per share on an adjusted basis. It anticipates full-year revenue to be about $1.02 billion. Analysts anticipate earnings of $1.17 per share and $1.04 billion in revenue.

Tibco Software Inc. (NASDAQ:TIBX) total value after the recent close was $3.19 billion and the enterprise value according to yahoo data was $3.07 billion. The previous 12 month price to sales ratio was 3.13. The company showed 12.30% as a profit margin in the last twelve months and an operating margin at 17.19%. Return on equity was 15.30% for the last twelve months. Return on assets was 7.96%.

Taking a look at some competitors, total value of International Business Machines Corp.(NYSE:IBM) in the stock market was $213.16 billion and the takeover value of the company was $234.52 billion. The last twelve month price to sales ratio for the company was 2.04. It had a 15.53% as profit margin in the last twelve months and an operating margin at 20.39%. Return on assets was 14.39%.

Oracle Corporation (NASDAQ:ORCL) after the latest trading session was $154.21 billion and their enterprise value was $137.37 billion. The prior 52 week price to sales ratio was 4.18. The company recorded a profit margin of 27.55% for the prior 12 months and had an operating margin of 37.65%. Return on equity for this stock was 24.16% while return on assets appeared at 13.53%.

Progress Software Corporation (NASDAQ:PRGS) market capitalization after the most recent trading session was $1.29 billion and the enterprise value was $936.18 million. Price to sales ratio for the prior 52 weeks was 2.66.

 



 

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