A share price of Gen Digital Inc [GEN] is currently trading at $27.17, up 1.61%. 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 1.12% over the last week, with a monthly amount glided 3.11%, 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 June 07, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight and also revised its price target to $27 from $28. Previously, Barclays downgraded its rating to Equal Weight on April 11, 2024, and dropped its price target to $25. On November 21, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $26 on the stock. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $25 on November 16, 2023. Evercore ISI initiated its recommendation with a Outperform and recommended $27 as its price target on May 19, 2023.
Gen Digital Inc experienced fluctuations in its stock price throughout the past year between $16.38 and $27.24. Currently, Wall Street analysts expect the stock to reach $27 within the next 12 months. Gen Digital Inc [NASDAQ: GEN] shares were valued at $27.17 at the most recent close of the market. An investor can expect a potential drop of -0.63% based on the average GEN price forecast.
Analyzing the GEN fundamentals
Trailing Twelve Months sales for Gen Digital Inc [NASDAQ:GEN] were 3.83B which represents 2.01% growth. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.31%, Pretax Profit Margin comes in at 0.14%, 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 0.27 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.33.
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 26.85 points at the first support level, and at 26.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.35, and for the 2nd resistance point, it is at 27.53.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Gen Digital Inc [NASDAQ:GEN] is 0.30. As well, the Quick Ratio is 0.30, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 4.37, the price to book ratio is 8.48 and price to earnings (TTM) ratio is 28.49.
Transactions by insiders
Recent insider trading involved Pilette Vincent, CEO & President, that happened on Aug 19 ’24 when 0.18 million shares were sold. Officer, Pilette Vincent completed a deal on Aug 19 ’24 to buy 0.18 million shares. Meanwhile, Director Feld Peter A sold 0.75 million shares on May 14 ’24.
