For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Pure Storage Inc (NYSE: PSTG) closed at $52.88 in the last session, up 3.38% from day before closing price of $51.15. In other words, the price has increased by $3.38 from its previous closing price. On the day, 2.11 million shares were traded. PSTG stock price reached its highest trading level at $53.45 during the session, while it also had its lowest trading level at $51.9.
Ratios:
We take a closer look at PSTG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.77. 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 0.21 whereas as Long-Term Debt/Eq ratio is at 0.11.
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 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 17251411968 and an Enterprise Value of 16024477696. As of this moment, Pure’s Price-to-Earnings (P/E) ratio for their current fiscal year is 174.98, and their Forward P/E ratio for the next fiscal year is 24.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 12.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.45 while its Price-to-Book (P/B) ratio in mrq is 12.26. Its current Enterprise Value per Revenue stands at 5.058 whereas that against EBITDA is 70.144.
Stock Price History:
The Beta on a monthly basis for PSTG is 1.01, which has changed by 0.013609409 over the last 52 weeks, in comparison to a change of 0.10838497 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 $44.76. The 50-Day Moving Average of the stock is -13.55%, while the 200-Day Moving Average is calculated to be -9.39%.
Shares Statistics:
According to the various share statistics, PSTG traded on average about 2.71M shares per day over the past 3-months and 2820450 shares per day over the past 10 days. A total of 326.24M shares are outstanding, with a floating share count of 308.03M. Insiders hold about 5.58% of the company’s shares, while institutions hold 84.98% stake in the company. Shares short for PSTG as of 1740700800 were 9163503 with a Short Ratio of 3.38, compared to 1738281600 on 12421922. Therefore, it implies a Short% of Shares Outstanding of 9163503 and a Short% of Float of 3.5099998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
