Gen Digital Inc [GEN] stock prices are up 1.60% to $20.34 at the moment. 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 3.35% over the last week, with a monthly amount drifted -8.95%, and not 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 April 11, 2024, when Barclays downgraded its rating to a Equal Weight and also revised its price target to $25 from $28. Previously, Morgan Stanley upgraded its rating to Overweight on November 21, 2023, and elevated its price target to $26. On November 16, 2023, BofA Securities initiated with a Buy rating and assigned a price target of $25 on the stock. Evercore ISI started tracking the stock assigning a Outperform rating and suggested a price target of $27 on May 19, 2023.
The stock price of Gen Digital Inc [GEN] has been fluctuating between $15.45 and $24.37 over the past year. Currently, Wall Street analysts expect the stock to reach $25 within the next 12 months. Gen Digital Inc [NASDAQ: GEN] shares were valued at $20.34 at the most recent close of the market. An investor can expect a potential return of 22.91% based on the average GEN price forecast.
Analyzing the GEN fundamentals
The Gen Digital Inc [NASDAQ:GEN] reported sales of 3.81B for trailing twelve months, representing a surge of 2.11%. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.26 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.92.
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 20.12 points at the first support level, and at 19.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.46, and for the 2nd resistance point, it is at 20.59.
Ratios To Look Out For
It’s worth pointing out that Gen Digital Inc [NASDAQ:GEN]’s Current Ratio is 0.51. As well, the Quick Ratio is 0.67, while the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 3.40, the price to book ratio is 5.36 and price to earnings (TTM) ratio is 21.22.
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.
