Gen Digital Inc [GEN] stock prices are up 1.58% to $27.57 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The GEN shares have gain 2.19% over the last week, with a monthly amount drifted -8.16%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Gen Digital Inc [NASDAQ: GEN] stock has seen the most recent analyst activity on December 04, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $36. Previously, Wells Fargo started tracking the stock with Overweight rating on October 24, 2024, and set its price target to $35. On June 07, 2024, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $27 on the stock. Barclays downgraded its rating to a Equal Weight and decreased its price target to $25 on April 11, 2024. Morgan Stanley upgraded its rating to a Overweight and raised its price target to $26 on November 21, 2023. BofA Securities started tracking with a Buy rating for this stock on November 16, 2023, and assigned it a price target of $25. In a note dated May 19, 2023, Evercore ISI initiated an Outperform rating and provided a target price of $27 on this stock.
The stock price of Gen Digital Inc [GEN] has been fluctuating between $19.08 and $31.72 over the past year. Currently, Wall Street analysts expect the stock to reach $27 within the next 12 months. Gen Digital Inc [NASDAQ: GEN] shares were valued at $27.57 at the most recent close of the market. An investor can expect a potential drop of -2.07% based on the average GEN price forecast.
Analyzing the GEN fundamentals
The Gen Digital Inc [NASDAQ:GEN] reported sales of 3.86B for trailing twelve months, representing a surge of 2.74%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.41%, Pretax Profit Margin comes in at 0.24%, 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 0.29 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.09.
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 27.29 points at the first support level, and at 27.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.76, and for the 2nd resistance point, it is at 27.96.
Ratios To Look Out For
It’s worth pointing out that Gen Digital Inc [NASDAQ:GEN]’s Current Ratio is 0.32. On the other hand, the Quick Ratio is 0.32, and the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 4.41, the price to book ratio is 8.09 and price to earnings (TTM) ratio is 28.10.
Transactions by insiders
Recent insider trading involved KO BRYAN SEUK, CLO & Head Corp Aff, that happened on Nov 26 ’24 when 48290.0 shares were sold. Officer, BRYAN S KO completed a deal on Nov 26 ’24 to buy 48290.0 shares. Meanwhile, CEO & President Pilette Vincent sold 0.18 million shares on Aug 19 ’24.
