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Pure Storage Inc (NYSE: PSTG) closed the day trading at $41.75 up 1.19% from the previous closing price of $41.26. In other words, the price has increased by $1.19 from its previous closing price. On the day, 2.61 million shares were traded. PSTG stock price reached its highest trading level at $42.2 during the session, while it also had its lowest trading level at $40.93.
Ratios:
For a better understanding of PSTG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.83. 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.
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:
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 Mar 21 ’25 when FitzSimons Dan sold 8,895 shares for $49.69 per share. The transaction valued at 441,993 led to the insider holds 97,200 shares of the business.
DANIEL P FITZSIMONS bought 8,895 shares of PSTG for $441,981 on Mar 21 ’25. On Dec 31 ’24, another insider, Singh Ajay, who serves as the Chief Product Officer of the company, sold 19,972 shares for $61.58 each. As a result, the insider received 1,229,876 and left with 262,144 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, PSTG now has a Market Capitalization of 13611460608 and an Enterprise Value of 12370772992. As of this moment, Pure’s Price-to-Earnings (P/E) ratio for their current fiscal year is 136.48, and their Forward P/E ratio for the next fiscal year is 19.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 12.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.30 while its Price-to-Book (P/B) ratio in mrq is 10.42. Its current Enterprise Value per Revenue stands at 3.905 whereas that against EBITDA is 54.302.
Stock Price History:
The Beta on a monthly basis for PSTG is 1.07, which has changed by -0.15588355 over the last 52 weeks, in comparison to a change of 0.0635103 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 -20.52%, while the 200-Day Moving Average is calculated to be -25.95%.
Shares Statistics:
Over the past 3-months, PSTG traded about 3.06M shares per day on average, while over the past 10 days, PSTG traded about 3867210 shares per day. 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 84.95% stake in the company. Shares short for PSTG as of 1743379200 were 10541385 with a Short Ratio of 3.44, 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
