Samsara Inc [IOT] stock is trading at $50.50, down -0.22%. An important factor to consider is whether the stock is rising or falling in short-term value. The IOT shares have gain 6.09% over the last week, with a monthly amount glided 9.14%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Samsara Inc [NYSE: IOT] stock has seen the most recent analyst activity on October 08, 2024, when Exane BNP Paribas initiated its Neutral rating and assigned the stock a price target of $46. Previously, BMO Capital Markets reaffirmed its Market Perform rating on September 06, 2024, and elevated its price target to $44. On June 20, 2024, BofA Securities initiated with a Buy rating and assigned a price target of $37 on the stock. Loop Capital started tracking the stock assigning a Buy rating and suggested a price target of $42 on April 18, 2024. FBN Securities initiated its recommendation with a Outperform and recommended $30 as its price target on October 25, 2023. Truist started tracking with a Hold rating for this stock on April 21, 2023, and assigned it a price target of $20. In a note dated March 23, 2023, Morgan Stanley downgraded an Equal-Weight rating on this stock and boosted its target price from $18 to $19.
Samsara Inc [IOT] stock has fluctuated between $21.48 and $50.66 over the past year. Currently, Wall Street analysts expect the stock to reach $36.75 within the next 12 months. Samsara Inc [NYSE: IOT] shares were valued at $50.50 at the most recent close of the market. An investor can expect a potential drop of -27.23% based on the average IOT price forecast.
Analyzing the IOT fundamentals
Samsara Inc [NYSE:IOT] reported sales of 1.09B for the trailing twelve months, which represents a growth of 36.92%. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at -0.21%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.24%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -0.28 and Total Capital is -0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.09.
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 50.09 points at the first support level, and at 49.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.22, and for the 2nd resistance point, it is at 51.94.
Ratios To Look Out For
For context, Samsara Inc’s Current Ratio is 1.43. On the other hand, the Quick Ratio is 1.37, and the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 25.66, the price to book ratio is 29.12.
Transactions by insiders
Recent insider trading involved Eltoukhy Adam,, that happened on Oct 10 ’24 when 4000.0 shares were sold. CHIEF EXECUTIVE OFFICER, Biswas Sanjit completed a deal on Oct 08 ’24 to sell 54492.0 shares. Meanwhile, CHIEF EXECUTIVE OFFICER Biswas Sanjit sold 41508.0 shares on Oct 09 ’24.
