At the time of writing, Samsara Inc [IOT] stock is trading at $55.13, down -1.27%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The IOT shares have gain 2.59% over the last week, with a monthly amount glided 14.28%, 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 22, 2024, when Craig Hallum initiated its Hold rating and assigned the stock a price target of $48. Previously, Exane BNP Paribas started tracking the stock with Neutral rating on October 08, 2024, and set its price target to $46. On September 06, 2024, BMO Capital Markets reiterated its Market Perform rating and revised its price target to $44 on the stock. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $37 on June 20, 2024. Loop Capital initiated its recommendation with a Buy and recommended $42 as its price target on April 18, 2024. FBN Securities started tracking with a Outperform rating for this stock on October 25, 2023, and assigned it a price target of $30. In a note dated April 21, 2023, Truist initiated an Hold rating and provided a target price of $20 on this stock.
For the past year, the stock price of Samsara Inc fluctuated between $27.14 and $57.51. Currently, Wall Street analysts expect the stock to reach $47.67 within the next 12 months. Samsara Inc [NYSE: IOT] shares were valued at $55.13 at the most recent close of the market. An investor can expect a potential drop of -13.53% based on the average IOT price forecast.
Analyzing the IOT fundamentals
According to Samsara Inc [NYSE:IOT], the company’s sales were 1.09B for trailing twelve months, which represents an 36.92% jump. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at -0.19%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is -0.27 and Total Capital is -0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.
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 54.60 points at the first support level, and at 54.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.93, and for the 2nd resistance point, it is at 56.73.
Ratios To Look Out For
It is important to note that Samsara Inc [NYSE:IOT] has a current ratio of 1.43. Also, the Quick Ratio is 1.37, while the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 28.02, the price to book ratio is 31.80.
Transactions by insiders
Recent insider trading involved Biswas Sanjit, 10% Owner, that happened on Dec 03 ’24 when 83333.0 shares were sold. 10% Owner, Biswas Sanjit completed a deal on Dec 04 ’24 to sell 12667.0 shares. Meanwhile, Bicket John sold 83091.0 shares on Dec 03 ’24.
