Daily Market Movement: Samsara Inc (IOT) Sees a 2.00 Increase, Closing at 51.99

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

The closing price of Samsara Inc (NYSE: IOT) was $51.99 for the day, up 2.00% from the previous closing price of $50.97. In other words, the price has increased by $2.00 from its previous closing price. On the day, 1.82 million shares were traded. IOT stock price reached its highest trading level at $52.15 during the session, while it also had its lowest trading level at $50.97.

Ratios:

Our analysis of IOT’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 43.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1535.62. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.41. 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 December 06, 2024, Reiterated its Market Perform rating but revised its target price to $57 from $44 previously.

On October 22, 2024, Craig Hallum started tracking the stock assigning a Hold rating and target price of $48.

On October 08, 2024, Exane BNP Paribas started tracking the stock assigning a Neutral rating and target price of $46.Exane BNP Paribas initiated its Neutral rating on October 08, 2024, with a $46 target price.

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 Jan 28 ’25 when Biswas Sanjit sold 107,260 shares for $51.13 per share. The transaction valued at 5,484,433 led to the insider holds 138,000 shares of the business.

Biswas Sanjit sold 52,740 shares of IOT for $2,684,427 on Jan 29 ’25. The CHIEF EXECUTVE OFFICER now owns 621,000 shares after completing the transaction at $50.90 per share. On Jan 28 ’25, another insider, Bicket John, who serves as the insider of the company, sold 107,152 shares for $51.13 each. As a result, the insider received 5,478,187 and left with 138,000 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 29176686592 and an Enterprise Value of 30087258112. For the stock, the TTM Price-to-Sale (P/S) ratio is 24.74 while its Price-to-Book (P/B) ratio in mrq is 29.20. Its current Enterprise Value per Revenue stands at 27.484 whereas that against EBITDA is -139.358.

Stock Price History:

The Beta on a monthly basis for IOT is 1.61, which has changed by 0.5678253 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, IOT has reached a high of $57.51, while it has fallen to a 52-week low of $27.14. The 50-Day Moving Average of the stock is 7.44%, while the 200-Day Moving Average is calculated to be 22.83%.

Shares Statistics:

IOT traded an average of 3.14M shares per day over the past three months and 2779380 shares per day over the past ten days. A total of 268.85M shares are outstanding, with a floating share count of 245.23M. Insiders hold about 56.30% of the company’s shares, while institutions hold 35.69% stake in the company. Shares short for IOT as of 1731628800 were 11577707 with a Short Ratio of 3.22, compared to 1728950400 on 13871322. Therefore, it implies a Short% of Shares Outstanding of 11577707 and a Short% of Float of 5.609999999999999.

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