Trend Micro Incorporated (OTCMKTS:TMICY) – Investment analysts at Jefferies Financial Group reduced their FY2018 earnings estimates for Trend Micro in a research report issued to clients and investors on Monday, December 3rd. Jefferies Financial Group analyst H. Sato now expects that the technology company will post earnings per share of $1.81 for the year, down from their prior estimate of $1.86.

TMICY has been the topic of several other research reports. Zacks Investment Research downgraded shares of Trend Micro from a “hold” rating to a “sell” rating in a report on Saturday, December 1st. ValuEngine upgraded shares of Trend Micro from a “hold” rating to a “buy” rating in a report on Thursday, November 1st.

Shares of Trend Micro stock opened at $55.98 on Thursday. The stock has a market capitalization of $7.88 billion, a price-to-earnings ratio of 33.93, a PEG ratio of 2.01 and a beta of 0.69. Trend Micro has a one year low of $47.06 and a one year high of $66.47.

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.

Further Reading: Asset Allocation

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