Samsara Inc [IOT] stock is trading at $46.78, down -0.81%. 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 2.97% over the last week, with a monthly amount drifted -5.51%, and not 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 December 06, 2024, when BMO Capital Markets reiterated its Market Perform rating and also boosted its price target to $57 from $44. Previously, Craig Hallum started tracking the stock with Hold rating on October 22, 2024, and set its price target to $48. On October 08, 2024, Exane BNP Paribas initiated with a Neutral rating and assigned a price target of $46 on the stock. BMO Capital Markets reiterated its Market Perform rating and increased its price target to $44 on September 06, 2024. BofA Securities initiated its recommendation with a Buy and recommended $37 as its price target on June 20, 2024. Loop Capital started tracking with a Buy rating for this stock on April 18, 2024, and assigned it a price target of $42. In a note dated October 25, 2023, FBN Securities initiated an Outperform rating and provided a target price of $30 on this stock.
Samsara Inc [IOT] stock has fluctuated between $27.14 and $57.51 over the past year. Currently, Wall Street analysts expect the stock to reach $49.2 within the next 12 months. Samsara Inc [NYSE: IOT] shares were valued at $46.78 at the most recent close of the market. An investor can expect a potential return of 5.17% based on the average IOT price forecast.
Analyzing the IOT fundamentals
Samsara Inc [NYSE:IOT] reported sales of 1.18B for the trailing twelve months, which represents a growth of 35.55%. 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 46.16 points at the first support level, and at 45.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.61, and for the 2nd resistance point, it is at 48.44.
Ratios To Look Out For
For context, Samsara Inc’s Current Ratio is 1.41. Also, the Quick Ratio is 1.35, while the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 22.29, the price to book ratio is 26.28.
Transactions by insiders
Recent insider trading involved Bicket John, Officer, that happened on Dec 17 ’24 when 0.2 million shares were purchased. Officer, Biswas Sanjit completed a deal on Dec 17 ’24 to buy 0.2 million shares. Meanwhile, Officer JAMES ANDREW MUNK bought 3450.0 shares on Dec 17 ’24.
