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The closing price of Pure Storage Inc (NYSE: PSTG) was $40.21 for the day, down -3.69% from the previous closing price of $41.75. In other words, the price has decreased by -$3.69 from its previous closing price. On the day, 1.8 million shares were traded. PSTG stock price reached its highest trading level at $41.08 during the session, while it also had its lowest trading level at $39.72.
Ratios:
Our analysis of PSTG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.88. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.11.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on December 04, 2024, Upgraded its rating to Overweight and sets its target price to $76 from $56 previously.
On December 04, 2024, Wells Fargo reiterated its Overweight rating and also lowered its target price recommendation from $75 to $80.
TD Cowen reiterated its Buy rating for the stock on December 04, 2024, while the target price for the stock was revised from $70 to $80.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 21 ’25 when DANIEL P FITZSIMONS bought 6,977 shares for $40.91 per share.
FitzSimons Dan sold 8,895 shares of PSTG for $441,993 on Mar 21 ’25. The Chief Revenue Officer now owns 97,200 shares after completing the transaction at $49.69 per share. On Mar 21 ’25, another insider, DANIEL P FITZSIMONS, who serves as the Officer of the company, bought 8,895 shares for $49.69 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PSTG now has a Market Capitalization of 13611446272 and an Enterprise Value of 11868698624. As of this moment, Pure’s Price-to-Earnings (P/E) ratio for their current fiscal year is 131.45, and their Forward P/E ratio for the next fiscal year is 18.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 12.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.14 while its Price-to-Book (P/B) ratio in mrq is 10.04. Its current Enterprise Value per Revenue stands at 3.746 whereas that against EBITDA is 52.098.
Stock Price History:
The Beta on a monthly basis for PSTG is 1.07, which has changed by -0.22374517 over the last 52 weeks, in comparison to a change of 0.017286062 over the same period for the S&P500. Over the past 52 weeks, PSTG has reached a high of $73.67, while it has fallen to a 52-week low of $34.51. The 50-Day Moving Average of the stock is -22.58%, while the 200-Day Moving Average is calculated to be -28.54%.
Shares Statistics:
PSTG traded an average of 3.05M shares per day over the past three months and 3534000 shares per day over the past ten days. A total of 326.10M shares are outstanding, with a floating share count of 307.99M. Insiders hold about 5.53% of the company’s shares, while institutions hold 84.96% stake in the company. Shares short for PSTG as of 1743379200 were 10541385 with a Short Ratio of 3.46, compared to 1740700800 on 9163503. Therefore, it implies a Short% of Shares Outstanding of 10541385 and a Short% of Float of 4.04.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
