Pure Storage, Inc. [PSTG] saw a change by -2.16% with the trading session, closing the trade at the price of $15.39. The company is holding 259.21M shares with keeping 231.26M floating shares. With the latest trading session, the stock is set at 21.42% off compared to its 52-week low, sliding -34.59% from high for the same period of time.

Since its 90-day high, the share price saw a move by -25.22%, trading +0.20% in oppose to its 90-day low While during the day, 259.21M shares valued at 908139 were bought and sold.

Pure Storage, Inc. [NYSE:PSTG]: Analyst Rating and Earnings

Its stock price has been found in the range of 12.68 to 23.53. This is compared to its latest closing price of $15.73.

Stay on the lookout for the next publication of this organization’s financial results for the quarter, which will be made public on Thu 21 Nov (12 days ago).

Fundamental Analysis of Pure Storage, Inc. [PSTG]

Now let’s turn to look at profitability: with a current Operating Margin for Pure Storage, Inc. [PSTG] sitting at -12.45 and its Gross Margin at +66.16, this company’s Net Margin is now -13.60%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.

This company’s Return on Total Capital is -20.08, and its Return on Invested Capital has reached -14.30%. Its Return on Equity is -28.87, and its Return on Assets is -11.49. These metrics suggest that this Pure Storage, Inc. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.

Turning to investigate this organization’s capital structure, Pure Storage, Inc. [PSTG] has generated a Total Debt to Total Equity ratio of

60.97. Similarly, its Total Debt to Total Capital is 37.88, while its Total Debt to Total Assets stands at 22.33. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is -7.83, and its Long-Term Debt to Total Capital is 60.97.

What about valuation? This company’s Enterprise Value to EBITDA is -34.25. The Enterprise Value to Sales for this firm is now 2.14, and its Total Debt to Enterprise Value stands at 0.13. Pure Storage, Inc. [PSTG] has a Price to Book Ratio of 5.91, a Price to Cash Flow Ratio of 25.28.

Shifting the focus to workforce efficiency, Pure Storage, Inc. [PSTG] earns $485,651 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 4.37 and its Total Asset Turnover is 0.88. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 3.19 and its Current Ratio is 3.28. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.

Pure Storage, Inc. [PSTG] has 259.21M shares outstanding, amounting to a total market cap of $4.08B. Its stock price has been found in the range of 12.68 to 23.53. At its current price, it has moved down by -34.59% from its 52-week high, and it has moved up 21.42% from its 52-week low.

This stock’s Beta value is currently 1.65, which indicates that it is 3.38% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 26.09. This stock, according to these metrics, is currently Oversold.

Conclusion: Is Pure Storage, Inc. [PSTG] a Reliable Buy?

Pure Storage, Inc. [PSTG] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.