Shares of Mentor Graphics Corp. (NASDAQ:MENT) have been assigned an average recommendation of “Hold” from the ten analysts that are presently covering the firm. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $34.00.

A number of research firms have recently commented on MENT. DA Davidson downgraded Mentor Graphics Corp. from a “buy” rating to a “neutral” rating in a report on Tuesday. Credit Suisse Group AG restated a “buy” rating and set a $34.00 price target on shares of Mentor Graphics Corp. in a research note on Monday. Zacks Investment Research upgraded Mentor Graphics Corp. from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 20th. TheStreet upgraded Mentor Graphics Corp. from a “hold” rating to a “buy” rating in a research note on Friday, October 7th. Finally, Pacific Crest restated a “hold” rating on shares of Mentor Graphics Corp. in a research note on Thursday, August 18th.

Shares of Mentor Graphics Corp. (NASDAQ:MENT) traded up 0.123% on Friday, hitting $36.505. The stock had a trading volume of 3,861,022 shares. The firm’s 50-day moving average is $28.73 and its 200-day moving average is $23.67. The company has a market cap of $3.95 billion, a price-to-earnings ratio of 63.487 and a beta of 0.66. Mentor Graphics Corp. has a one year low of $16.10 and a one year high of $37.03.

Mentor Graphics Corp. (NASDAQ:MENT) last released its quarterly earnings data on Thursday, August 18th. The company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.06. Mentor Graphics Corp. had a return on equity of 6.15% and a net margin of 5.85%. The business had revenue of $254.34 million for the quarter, compared to the consensus estimate of $245.17 million. During the same quarter in the prior year, the business posted $0.36 EPS. The business’s revenue for the quarter was down 9.5% on a year-over-year basis. On average, analysts expect that Mentor Graphics Corp. will post $1.68 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio increased its position in shares of Mentor Graphics Corp. by 20.9% in the second quarter. Public Employees Retirement System of Ohio now owns 4,952 shares of the company’s stock valued at $105,000 after buying an additional 857 shares during the period. LS Investment Advisors LLC boosted its stake in Mentor Graphics Corp. by 70.6% in the second quarter. LS Investment Advisors LLC now owns 5,938 shares of the company’s stock valued at $126,000 after buying an additional 2,457 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its stake in Mentor Graphics Corp. by 844.4% in the second quarter. Fuller & Thaler Asset Management Inc. now owns 6,375 shares of the company’s stock valued at $136,000 after buying an additional 5,700 shares in the last quarter. Checchi Capital Advisers LLC boosted its stake in Mentor Graphics Corp. by 7,915.5% in the second quarter. Checchi Capital Advisers LLC now owns 8,256 shares of the company’s stock valued at $176,000 after buying an additional 8,153 shares in the last quarter. Finally, Acrospire Investment Management LLC boosted its stake in Mentor Graphics Corp. by 29.6% in the third quarter. Acrospire Investment Management LLC now owns 7,000 shares of the company’s stock valued at $185,000 after buying an additional 1,600 shares in the last quarter. Institutional investors own 96.44% of the company’s stock.

Mentor Graphics Corp. Company Profile

Mentor Graphics Corporation is a supplier of electronic design automation (EDA) tools, which include computer software and emulation hardware systems used to automate the design, analysis and testing of complex electro-mechanical systems, electronic hardware and embedded systems software in electronic systems and components.

5 Day Chart for NASDAQ:MENT

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