Gen Digital Inc [GEN] stock is trading at $21.89, up 1.96%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GEN shares have gain 1.86% over the last week, with a monthly amount glided 6.31%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Gen Digital Inc [NASDAQ: GEN] stock has seen the most recent analyst activity on November 21, 2023, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $26 from $23. Previously, BofA Securities started tracking the stock with Buy rating on November 16, 2023, and set its price target to $25. On May 19, 2023, Evercore ISI initiated with a Outperform rating and assigned a price target of $27 on the stock.
Gen Digital Inc [GEN] stock has fluctuated between $15.45 and $24.37 over the past year. Gen Digital Inc [NASDAQ: GEN] shares were valued at $21.89 at the most recent close of the market.
Analyzing the GEN fundamentals
Gen Digital Inc [NASDAQ:GEN] reported sales of 3.79B for the trailing twelve months, which represents a growth of 1.60%. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.37%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.6 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.85.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.57 points at the first support level, and at 21.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.06, and for the 2nd resistance point, it is at 22.24.
Gen Digital Inc [GEN] reported earnings per share of $0.49 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.5/share, meaning a difference of -$0.01 and a surprise factor of -2.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.47 per share as compared to estimates of $0.47 per share, a difference of $0 representing a surprise of 0.00%.
Ratios To Look Out For
For context, Gen Digital Inc’s Current Ratio is 0.67. As well, the Quick Ratio is 0.67, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 3.68, the price to book ratio is 5.77 and price to earnings (TTM) ratio is 10.09.
Transactions by insiders
Recent insider trading involved DERSE NATALIE MARIE, CFO, that happened on Feb 16 ’24 when 1221.0 shares were sold. President, Vlcek Ondrej completed a deal on May 17 ’23 to buy 0.3 million shares.
