The closing price of Samsara Inc (NYSE: IOT) was $36.80 for the day, down -0.41% from the previous closing price of $36.95. In other words, the price has decreased by -$0.15 from its previous closing price. On the day, 3010969 shares were traded.
Ratios:
Our analysis of IOT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.09.
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, FBN Securities on October 25, 2023, initiated with a Outperform rating and assigned the stock a target price of $30.
On April 21, 2023, Truist started tracking the stock assigning a Hold rating and target price of $20.
Morgan Stanley Downgraded its Overweight to Equal-Weight on March 23, 2023, whereas the target price for the stock was revised from $18 to $19.
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 Mar 19 ’24 when Eltoukhy Adam sold 10,737 shares for $36.47 per share. The transaction valued at 391,535 led to the insider holds 535,149 shares of the business.
Munk James Andrew sold 4,059 shares of IOT for $148,018 on Mar 19 ’24. The CHIEF ACCOUNTING OFFICER now owns 303,126 shares after completing the transaction at $36.47 per share. On Mar 18 ’24, another insider, Chadwick Jonathan, who serves as the Director of the company, sold 12,206 shares for $36.52 each. As a result, the insider received 445,741 and left with 436,013 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 19.96B and an Enterprise Value of 19.51B. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.21 while its Price-to-Book (P/B) ratio in mrq is 20.90. Its current Enterprise Value per Revenue stands at 20.82 whereas that against EBITDA is -83.24.
Stock Price History:
Over the past 52 weeks, IOT has reached a high of $40.54, while it has fallen to a 52-week low of $16.63. The 50-Day Moving Average of the stock is 33.77, while the 200-Day Moving Average is calculated to be 28.93.
Shares Statistics:
IOT traded an average of 3.69M shares per day over the past three months and 6.31M shares per day over the past ten days. A total of 540.17M shares are outstanding, with a floating share count of 165.76M. Insiders hold about 69.31% of the company’s shares, while institutions hold 27.25% stake in the company. Shares short for IOT as of Feb 29, 2024 were 11.36M with a Short Ratio of 3.08, compared to 13.12M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.10% and a Short% of Float of 7.02%.
Earnings Estimates
The firm’s stock currently is rated by 13 analysts. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.01 and a low estimate of $0, while EPS last year was -$0.02. The consensus estimate for the next quarter is $0.01, with high estimates of $0.02 and low estimates of $0.
Analysts are recommending an EPS of between $0.13 and $0.11 for the fiscal current year, implying an average EPS of $0.12. EPS for the following year is $0.22, with 13 analysts recommending between $0.26 and $0.14.
Revenue Estimates
A total of 13 analysts have provided revenue estimates for IOT’s current fiscal year. The highest revenue estimate was $1.22B, while the lowest revenue estimate was $1.19B, resulting in an average revenue estimate of $1.2B. In the same quarter a year ago, actual revenue was $937.38M, up 27.50% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $1.51B in the next fiscal year. The high estimate is $1.59B and the low estimate is $1.47B. The average revenue growth estimate for next year is up 25.90% from the average revenue estimate for this year.
