At the time of writing, Samsara Inc [IOT] stock is trading at $45.56, up 0.02%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The IOT shares have gain 4.40% over the last week, with a monthly amount drifted -17.91%, and not seem to be holding up well over a long-time horizon.
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.
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 $49.2 within the next 12 months. Samsara Inc [NYSE: IOT] shares were valued at $45.56 at the most recent close of the market. An investor can expect a potential return of 7.99% based on the average IOT price forecast.
Analyzing the IOT fundamentals
According to Samsara Inc [NYSE:IOT], the company’s sales were 1.18B for trailing twelve months, which represents an 35.55% 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. 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 44.99 points at the first support level, and at 44.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.92, and for the 2nd resistance point, it is at 46.28.
Ratios To Look Out For
It is important to note that Samsara Inc [NYSE:IOT] has a current ratio of 1.41. As well, the Quick Ratio is 1.35, while the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 21.68, the price to book ratio is 25.59.
Transactions by insiders
Recent insider trading involved JONATHAN CHADWICK, Director, that happened on Dec 26 ’24 when 45000.0 shares were purchased., Eltoukhy Adam completed a deal on Dec 20 ’24 to sell 23960.0 shares. Meanwhile, Officer Caimi Lara bought 43070.0 shares on Dec 23 ’24.
