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After finishing at $38.18 in the prior trading day, Samsara Inc (NYSE: IOT) closed at $39.83, up 4.32%. In other words, the price has increased by $4.32 from its previous closing price. On the day, 3.73 million shares were traded. IOT stock price reached its highest trading level at $40.18 during the session, while it also had its lowest trading level at $38.325.
Ratios:
Our goal is to gain a better understanding of IOT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.08.
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, BofA Securities on June 20, 2024, initiated with a Buy rating and assigned the stock a target price of $37.
On April 18, 2024, Loop Capital started tracking the stock assigning a Buy rating and target price of $42.
On October 25, 2023, FBN Securities started tracking the stock assigning a Outperform rating and target price of $30.FBN Securities initiated its Outperform rating on October 25, 2023, with a $30 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 07 ’24 when Bicket John sold 14,514 shares for $37.86 per share. The transaction valued at 549,564 led to the insider holds 384,000 shares of the business.
Biswas Sanjit sold 14,485 shares of IOT for $548,350 on Aug 07 ’24. The CHIEF EXECUTIVE OFFICER now owns 384,000 shares after completing the transaction at $37.86 per share. On Aug 06 ’24, another insider, Biswas Sanjit, who serves as the CHIEF EXECUTIVE OFFICER of the company, sold 81,515 shares for $37.04 each. As a result, the insider received 3,019,397 and left with 96,000 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 21938604032 and an Enterprise Value of 21437904896. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.64 while its Price-to-Book (P/B) ratio in mrq is 23.75. Its current Enterprise Value per Revenue stands at 21.146 whereas that against EBITDA is -93.868.
Stock Price History:
Over the past 52 weeks, IOT has reached a high of $42.28, while it has fallen to a 52-week low of $21.48. The 50-Day Moving Average of the stock is 15.77%, while the 200-Day Moving Average is calculated to be 19.21%.
Shares Statistics:
The stock has traded on average 3.89M shares per day over the past 3-months and 2815560 shares per day over the last 10 days, according to various share statistics. A total of 200.99M shares are outstanding, with a floating share count of 196.78M. Insiders hold about 64.27% of the company’s shares, while institutions hold 31.52% stake in the company. Shares short for IOT as of 1722384000 were 14905555 with a Short Ratio of 3.83, compared to 1719532800 on 13005865. Therefore, it implies a Short% of Shares Outstanding of 14905555 and a Short% of Float of 8.1199996.
