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The closing price of Gen Digital Inc (NASDAQ: GEN) was $27.11 for the day, up 1.16% from the previous closing price of $26.80. In other words, the price has increased by $1.16 from its previous closing price. On the day, 2.51 million shares were traded. GEN stock price reached its highest trading level at $27.26 during the session, while it also had its lowest trading level at $26.75.
Ratios:
Our analysis of GEN’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 25.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.01. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 0.30. In the meantime, Its Debt-to-Equity ratio is 4.35 whereas as Long-Term Debt/Eq ratio is at 3.67.
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, Morgan Stanley on June 07, 2024, Downgraded its rating to Equal-Weight and sets its target price to $27 from $28 previously.
On April 11, 2024, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $28 to $25.
Morgan Stanley Upgraded its Equal-Weight to Overweight on November 21, 2023, whereas the target price for the stock was revised from $23 to $26.
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 Aug 19 ’24 when Pilette Vincent sold 178,801 shares for $25.54 per share. The transaction valued at 4,565,862 led to the insider holds 1,719,658 shares of the business.
Pilette Vincent bought 178,801 shares of GEN for $4,510,185 on Aug 19 ’24. On May 14 ’24, another insider, Feld Peter A, who serves as the Director of the company, sold 750,000 shares for $24.44 each. As a result, the insider received 18,326,925 and left with 39,182 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, GEN now has a Market Capitalization of 16686882816 and an Enterprise Value of 24618883072. As of this moment, Gen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.43, and their Forward P/E ratio for the next fiscal year is 11.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.36 while its Price-to-Book (P/B) ratio in mrq is 8.46. Its current Enterprise Value per Revenue stands at 6.421 whereas that against EBITDA is 13.692.
Stock Price History:
Over the past 52 weeks, GEN has reached a high of $28.45, while it has fallen to a 52-week low of $16.38. The 50-Day Moving Average of the stock is 2.02%, while the 200-Day Moving Average is calculated to be 13.28%.
Shares Statistics:
GEN traded an average of 3.04M shares per day over the past three months and 2661290 shares per day over the past ten days. A total of 623.00M shares are outstanding, with a floating share count of 557.41M. Insiders hold about 9.44% of the company’s shares, while institutions hold 86.56% stake in the company. Shares short for GEN as of 1727654400 were 18568681 with a Short Ratio of 6.11, compared to 1724976000 on 17974954. Therefore, it implies a Short% of Shares Outstanding of 18568681 and a Short% of Float of 3.92.
Dividends & Splits
With its trailing 12-month dividend rate of 0.5, GEN has a forward annual dividend rate of 0.50. Against a Trailing Annual Dividend Yield of 0.018656718The stock’s 5-year Average Dividend Yield is 2.17.
