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NortonLifeLock Inc. Stock Research

NLOK

Market Closed

NLOK Alerts

NLOK Stock Price

NLOK RSI Chart

NLOK Valuation

Market Cap

14.5B

Price/Earnings (Trailing)

26.09

Price/Sales (Trailing)

4.65

EV/EBITDA

21.66

Price/Free Cashflow

19.22

NLOK Price/Sales (Trailing)

NLOK Profitability

Operating Margin

83.91%

EBT Margin

23.69%

Return on Equity

42.29%

Return on Assets

3.57%

Free Cashflow Yield

5.2%

NLOK Fundamentals

NLOK Revenue

Revenue (TTM)

3.1B

Revenue Y/Y

33.33%

Revenue Q/Q

25.13%

NLOK Earnings

Earnings (TTM)

554.0M

Earnings Y/Y

-18.32%

Earnings Q/Q

139.13%

Price Action

Last 7 days

-3.9%

Last 30 days

4.7%

Last 90 days

-11.3%

Trailing 12 Months

-11.7%

NLOK Financial Health

Current Ratio

0.48

Debt/Equity

7.68

Debt/Cashflow

0.08

NLOK Investor Care

Dividend Yield

2.21%

Dividend/Share (TTM)

0.5

Shares Dilution (1Y)

9.79%

Diluted EPS (TTM)

0.9

Peers (Alternatives to NortonLifeLock)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.1T
204.1B
-1.92% -6.89%
30.5
10.08
10.38% -5.25%
228.6B
46.1B
-7.20% 4.35%
25.98
4.96
11.29% -14.28%
186.7B
31.4B
6.91% -6.75%
897.78
5.96
19.41% -85.60%
163.2B
17.6B
-11.04% -20.88%
34.32
9.27
11.54% -1.37%
20.9B
4.4B
-7.13% -28.23%
201.15
4.75
7.15% -92.46%
12.1B
-
-3.12% 49.09%
44.35
17.39
- -
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
8.9B
767.1M
-2.98% 9.04%
69.2
11.63
15.59% 16.73%
6.5B
869.9M
3.14% -9.62%
-33
7.53
13.87% -103.37%
3.1B
468.0M
2.00% -15.48%
-20.53
6.62
26.74% -70.26%
2.4B
308.3M
1.17% 7.67%
-23.16
7.93
13.75% -237.98%
SMALL-CAP
1.2B
383.7M
4.07% -32.35%
-9.91
3.24
14.43% -50.89%
1.2B
399.9M
30.95% 57.36%
-14.32
2.91
4.73% 8.15%
152.1M
317.3M
-43.48% -70.17%
-2.22
0.48
5.06% -17.52%

Financials for NortonLifeLock

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue8.1%3,1072,8732,8172,7962,752
Gross Profit6.6%2,6072,4462,4092,3882,346
Operating Expenses6.3%1,6081,5131,4301,3831,204
  S&GA Expenses3.6%662639622622614
  R&D Expenses12.3%284253246253262
EBITDA4.1%1,0941,0511,2741,302-
EBITDA Margin-3.7%0.35*0.37*0.45*0.47*-
Earnings Before Taxes-5.8%7367811,0191,0421,235
EBT Margin-12.9%0.24*0.27*0.36*0.37*-
Interest Expenses0.8%123122120125-
Net Income-6.3%554591855836910
Net Income Margin-13.3%0.18*0.21*0.30*0.30*-
Free Cahsflow-3.0%752775924968-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-2.4%15,50315,8826,2476,9436,873
  Current Assets-15.2%1,3761,6221,6292,2602,157
    Cash Equivalents-25.8%8121,0951,2911,8871,771
  Net PPE-3.7%10410856.0060.0063.00
  Goodwill0.0%10,12410,1262,8612,8732,876
Liabilities0.1%14,19314,1846,5467,0366,971
  Current Liabilities1.9%2,8782,8252,6243,0652,883
  Long Term Debt202.2%10,0583,3283,7363,843-
    LT Debt, Current33.1%2331756141,0001,086
    LT Debt, Non Current-0.5%9,8319,8832,7142,7362,757
Shareholder's Equity-22.9%1,3101,698-93.00-98.00-
  Retained Earnings9.9%-1,500-1,665-1,734-1,940-2,060
Accumulated Depreciation2.1%527516515518-
Shares Outstanding-3.3%639661571582582
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-3.1%7597839319741,004
  Share Based Compensation26.7%11490.0074.0070.0066.00
Cashflow From Investing0.0%-6,536-6,53333132683.00
Cashflow From Financing-9.4%4,8475,349-1,184-333-361
  Dividend Payments2.7%307299300303303
  Buy Backs123.8%9044043000.00166

Risks for NLOK

What is the probability of a big loss on NLOK?

70.8%


Probability that NortonLifeLock stock will be more than 20% underwater in next one year

29.6%


Probability that NortonLifeLock stock will be more than 30% underwater in next one year.

26.1%


Probability that NortonLifeLock stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NLOK drawdown profile look like?

Y-axis is the maximum loss one would have experienced if NortonLifeLock was unfortunately bought at previous high price.

Drawdowns

Returns for NLOK

Cumulative Returns on NLOK

12.0%


10-Year Cumulative Returns

14.6%


7-Year Cumulative Returns

7.0%


5-Year Cumulative Returns

16.8%


3-Year Cumulative Returns

What are the long-term rolling returns for NLOK?

FIve years rolling returns for NortonLifeLock.

Annualized Returns

Which funds bought or sold NLOK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
49.73
3,686,000
9,900,000
0.01%
2023-03-07
Great Lakes Retirement, Inc.
new
-
538,540
538,540
0.14%
2023-03-06
Rockefeller Capital Management L.P.
added
21.1
263,000
1,174,000
0.01%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
sold off
-100
-1,000
-
-%
2023-02-28
Voya Investment Management LLC
reduced
-2.06
9,613,740
197,338,000
0.28%
2023-02-28
Trust Investment Advisors
reduced
-30.62
-185,015
520,985
0.49%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-92.8
-2,482,860
206,135
-%
2023-02-24
National Pension Service
new
-
25,790,300
25,790,300
0.05%
2023-02-24
NATIXIS
added
27.53
279,685
1,067,680
0.01%
2023-02-23
Portman Square Capital LLP
new
-
773,623
773,623
0.06%

1–10 of 45

Latest Funds Activity

Are funds buying NLOK calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own NLOK
No. of Funds

NortonLifeLock News

MarketBeat

Jacobs Levy Equity Management Inc. Raises Stock Position in ....

MarketBeat,
9 days ago

Fitch Ratings

Schedule 13G FIlings of NortonLifeLock

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
10.55%
68,698,555
SC 13G/A
Jul 08, 2022
capital world investors
2.3%
13,268,862
SC 13G/A
Feb 11, 2022
capital world investors
9.1%
53,009,164
SC 13G/A
Feb 10, 2022
vanguard group inc
10.99%
63,970,609
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 07, 2022
blackrock inc.
8.0%
46,285,465
SC 13G/A
Feb 16, 2021
capital world investors
10.6%
62,704,639
SC 13G/A
Feb 10, 2021
vanguard group inc
10.66%
63,109,995
SC 13G/A
Feb 08, 2021
fmr llc
-
0
SC 13G
Feb 05, 2021
blackrock inc.
8.2%
48,373,601
SC 13G/A

NLOK Fair Value

NortonLifeLock fair value in different scenarios

The table shows the Fair Value estimates for NortonLifeLock for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

12.70

-

18.19

-

24.37

-

30.31

-

35.51

-
Current Inflation

11.74

-

16.50

-

21.73

-

26.73

-

31.11

-
Very High Inflation

10.53

-

14.43

-

18.58

-

22.53

-

25.98

-

Historical NortonLifeLock Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of NortonLifeLock

View All Filings
Date Filed Form Type Document
Feb 21, 2023
4
Insider Trading
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 06, 2023
10-Q
Quarterly Report
Feb 02, 2023
8-K
Current Report
Dec 16, 2022
4
Insider Trading

Latest Insider Trading transactions for NLOK

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-10
Vlcek Ondrej
acquired
3,163,860
22.63
139,808
president
2022-10-10
Vlcek Ondrej
acquired
-
-
130,045
president
2022-09-15
Vlcek Ondrej
bought
10,000,000
21.907
456,475
president
2022-09-13
Hao Kenneth
acquired
20,851
3.49266
5,970
-
2022-09-13
BRANDT ERIC
acquired
-
-
5,010
-
2022-09-13
BRANDT ERIC
acquired
-
-
16,980
-
2022-09-13
BRANDT ERIC
acquired
-
-
11,970
-
2022-09-13
Barsamian Sue
acquired
-
-
14,272
-
2022-09-13
Barsamian Sue
acquired
-
-
5,969
-
2022-09-13
Baudis Pavel
acquired
-
-
11,970
-

1–10 of 50

Vincent Pilette
2800
NortonLifeLock Inc. provides cyber safety solutions for consumers worldwide. The company offers Norton 360, an integrated platform provides extensive cyber safety coverage and a subscription service providing protection for PCs, Macs, and mobile devices against malware, viruses, adware, ransomware, and other online threats on various platforms; and LifeLock identity theft protection solution that offers monitoring, alerts, and restoration services to its customers. It also provides Norton Secure VPN solution enhances security and online privacy by providing an encrypted data tunnel; Privacy Monitor Assistant, an on-demand, white glove service where agents help members delete personal information from data brokers online; Home Title Protect product detects fraud and notifies members; and Avira Security, a consumer-focused portfolio of cybersecurity and privacy solutions. The company markets and sells its products and related services through retailers, telecom service providers, hardware original equipment manufacturers, and employee benefit providers, as well as e-commerce platform. It operates in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company was formerly known as Symantec Corporation and changed its name to NortonLifeLock Inc. in November 2019. NortonLifeLock Inc. was founded in 1982 and is headquartered in Tempe, Arizona.

NLOK Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Sep. 30, 2022
Oct. 01, 2021
Sep. 30, 2022
Oct. 01, 2021
Income Statement [Abstract]    
Net revenues$ 748$ 692$ 1,455$ 1,378
Cost of revenues119100221202
Gross profit6295921,2341,176
Operating expenses:    
Sales and marketing167150323306
Research and development7366134134
General and administrative11063214108
Amortization of intangible assets29215042
Restructuring and other costs951112
Total operating expenses388305732602
Operating income (loss)241287502574
Interest expense(48)(31)(79)(63)
Other income (expense), net21771174
Income (loss) before income taxes195433424685
Income tax expense (benefit)126100155171
Net income (loss)$ 69$ 333$ 269$ 514
Net income (loss) per share - basic (in dollars per share)$ 0.12$ 0.57$ 0.46$ 0.88
Net income (loss) per share - diluted (in dollars per share)$ 0.12$ 0.56$ 0.45$ 0.87
Weighted-average shares outstanding:    
Basic (in shares)590582583581
Diluted (in shares)595591599591

NLOK Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Apr. 01, 2022
Current assets:  
Cash and cash equivalents$ 1,095$ 1,887
Short-term investments04
Accounts receivable, net152120
Other current assets345193
Assets held for sale3056
Total current assets1,6222,260
Property and equipment, net10860
Operating lease assets5074
Intangible assets, net3,3321,023
Goodwill10,1262,873
Other long-term assets644653
Total assets15,8826,943
Current liabilities:  
Accounts payable6663
Accrued compensation and benefits11181
Current portion of long-term debt1751,000
Contract liabilities1,5971,264
Current operating lease liabilities2418
Other current liabilities852639
Total current liabilities2,8253,065
Long-term debt9,8832,736
Long-term contract liabilities8742
Deferred income tax liabilities39275
Long-term income taxes payable913996
Long-term operating lease liabilities4175
Other long-term liabilities4347
Total liabilities14,1847,036
Commitments and contingencies (Note 18)
Stockholders’ equity (deficit):  
Common stock and additional paid-in capital, $0.01 par value: 3,000 shares authorized; 661 and 582 shares issued and outstanding as of September 30, 2022 and April 1, 2022, respectively3,3781,851
Accumulated other comprehensive income (loss)(15)(4)
Retained earnings (accumulated deficit)(1,665)(1,940)
Total stockholders’ equity (deficit)1,698(93)
Total liabilities and stockholders’ equity (deficit)$ 15,882$ 6,943