FY2018 EPS Estimates for Trend Micro Incorporated Lowered by Jefferies Financial Group (TMICY)

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Trend Micro Incorporated (OTCMKTS:TMICY) – Equities research analysts at Jefferies Financial Group lowered their FY2018 earnings per share estimates for shares of Trend Micro in a report released on Monday, December 3rd. Jefferies Financial Group analyst H. Sato now forecasts that the technology company will earn $1.81 per share for the year, down from their previous estimate of $1.86.

Other equities analysts also recently issued research reports about the stock. ValuEngine raised shares of Trend Micro from a “hold” rating to a “buy” rating in a report on Thursday, November 1st. Zacks Investment Research raised shares of Trend Micro from a “sell” rating to a “hold” rating in a report on Friday, September 14th.

Shares of OTCMKTS:TMICY opened at $55.98 on Thursday. Trend Micro has a 1-year low of $47.06 and a 1-year high of $66.47. The company has a market cap of $7.88 billion, a price-to-earnings ratio of 33.93, a PEG ratio of 2.01 and a beta of 0.69.

About Trend Micro

Trend Micro Incorporated develops and sells security solutions primarily in Japan. The company offers hybrid cloud security solutions, such as data center, cloud, and virtualization security products; network security solutions, including integrated advanced threat prevention and advanced threat detection solutions; user protection solutions comprising endpoint and gateway suites, endpoint security, email security, Web security, SaaS application security, and endpoint detection and response; and support services.

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