BMC Software (NASDAQ:BMC) Fiscal Year 2013 Profit Outlook Misses Forecasts; Stock Tumbles – BMC, CA, ORCL, CPWR

The Houston-based BMC Software, Inc’s (NASDAQ:BMC) stock plunged in late trading after estimating fiscal year 2013 profit that failed meet analysts’ forecasts, an indication it’s struggling to clinch big deals.

Shares of company fell almost 9.5% to settle at $40.26 in late trading session after mentioning in a statement that profit without few items will be $3.35 to $3.45 per share for fiscal 2013, which finishes in March.

BMC Software, a manufacturer of programs that assist corporations update servers and personal computers, had earlier estimate $3.49 to $3.59 per share. Bloomberg gathered analysts on average had forecasted $3.56.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. CA, Inc. (NASDAQ:CA) rose +0.12% to settle at $25.08, Oracle Corporation (NASDAQ:ORCL) moved up +0.45% to end at $35.54 while Compuware Corporation (NASDAQ:CPWR) jumped +1.04% to finish at $11.69 on Monday.

BMC Software, Inc. (NASDAQ:BMC) last session’s volume of 1.74 million shares was higher than its average volume of 1.47 million shares. The stock after opening at $44.80 hit high price of $44.99 and then closed at $44.48 by scoring -0.04%.

BMC generated revenue of $2.17 billion in the previous twelve months and earned $342.60 million. The Company showed a positive 15.82% in the net profit margin as well as in its operating margin which remained at 22.15%. Company’s annual sales growth for the past five years was 6.57%.

The BMC’s past twelve months’ price to sales ratio was 3.18 and price to cash ratio remained 4.79. As far as the returns are concerned, BMC’s return on equity was recorded as 24.09% and return on investment increased 11.16% while its return on asset stayed at 7.85%.

The stock showed weekly upbeat performance of 1.53% which was maintained for the month at 10.13%. Likewise the positive performance for the quarter was recorded as 7.10% and for the year was 26.18% while the YTD performance remained at 12.27%.

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