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In the latest session, Samsara Inc (NYSE: IOT) closed at $46.74 down -2.87% from its previous closing price of $48.12. In other words, the price has decreased by -$2.87 from its previous closing price. On the day, 3.15 million shares were traded. IOT stock price reached its highest trading level at $48.05 during the session, while it also had its lowest trading level at $46.38.
Ratios:
For a deeper understanding of Samsara Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.07.
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 this company, BMO Capital Markets on September 06, 2024, Reiterated its Market Perform rating but revised its target price to $44 from $40 previously.
On June 20, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $37.
On April 18, 2024, Loop Capital started tracking the stock assigning a Buy rating and target price of $42.Loop Capital initiated its Buy rating on April 18, 2024, with a $42 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 01 ’24 when DOMINIC PHILLIPS bought 61,020 shares for $48.12 per share.
Eltoukhy Adam sold 8,500 shares of IOT for $425,088 on Sep 25 ’24. The insider now owns 396,784 shares after completing the transaction at $50.01 per share. On Sep 24 ’24, another insider, Biswas Sanjit, who serves as the CHIEF EXECUTIVE OFFICER of the company, sold 74,667 shares for $49.44 each. As a result, the insider received 3,691,171 and left with 793,219 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IOT now has a Market Capitalization of 26004316160 and an Enterprise Value of 25419386880. For the stock, the TTM Price-to-Sale (P/S) ratio is 23.75 while its Price-to-Book (P/B) ratio in mrq is 26.96. Its current Enterprise Value per Revenue stands at 23.22 whereas that against EBITDA is -117.737.
Stock Price History:
Over the past 52 weeks, IOT has reached a high of $50.07, while it has fallen to a 52-week low of $21.48. The 50-Day Moving Average of the stock is 11.97%, while the 200-Day Moving Average is calculated to be 28.89%.
Shares Statistics:
For the past three months, IOT has traded an average of 3.47M shares per day and 3795970 over the past ten days. A total of 556.36M shares are outstanding, with a floating share count of 204.63M. Insiders hold about 63.22% of the company’s shares, while institutions hold 31.71% stake in the company. Shares short for IOT as of 1726185600 were 15216202 with a Short Ratio of 4.39, compared to 1723680000 on 15309554. Therefore, it implies a Short% of Shares Outstanding of 15216202 and a Short% of Float of 8.02.
