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The closing price of Samsara Inc (NYSE: IOT) was $35.47 for the day, up 1.78% from the previous closing price of $34.85. In other words, the price has increased by $1.78 from its previous closing price. On the day, 4.28 million shares were traded. IOT stock price reached its highest trading level at $35.93 during the session, while it also had its lowest trading level at $34.85.
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 1.31 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.08.
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, BofA Securities on June 20, 2024, initiated with a Buy rating and assigned the stock a target price of $37.
On April 18, 2024, Loop Capital started tracking the stock assigning a Buy rating and target price of $42.
On October 25, 2023, FBN Securities started tracking the stock assigning a Outperform rating and target price of $30.FBN Securities initiated its Outperform rating on October 25, 2023, with a $30 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 Jun 25 ’24 when Biswas Sanjit sold 96,000 shares for $29.49 per share. The transaction valued at 2,831,203 led to the insider holds 1,466,299 shares of the business.
Bicket John sold 96,000 shares of IOT for $2,831,155 on Jun 25 ’24. The insider now owns 1,832,040 shares after completing the transaction at $29.49 per share. On Jun 20 ’24, another insider, Biswas Sanjit, who serves as the CHIEF EXECUTIVE OFFICER of the company, sold 96,000 shares for $29.47 each. As a result, the insider received 2,828,995 and left with 1,562,299 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 19195584512 and an Enterprise Value of 19036389376. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.27 while its Price-to-Book (P/B) ratio in mrq is 21.15. Its current Enterprise Value per Revenue stands at 18.777 whereas that against EBITDA is -83.353.
Stock Price History:
The Beta on a monthly basis for IOT is 1.49, which has changed by 0.30308592 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. Over the past 52 weeks, IOT has reached a high of $42.28, while it has fallen to a 52-week low of $21.48. The 50-Day Moving Average of the stock is 1.52%, while the 200-Day Moving Average is calculated to be 11.92%.
Shares Statistics:
IOT traded an average of 4.01M shares per day over the past three months and 5428840 shares per day over the past ten days. A total of 200.99M shares are outstanding, with a floating share count of 195.73M. Insiders hold about 64.46% of the company’s shares, while institutions hold 28.37% stake in the company. Shares short for IOT as of 1718323200 were 11842748 with a Short Ratio of 2.95, compared to 1715731200 on 12055562. Therefore, it implies a Short% of Shares Outstanding of 11842748 and a Short% of Float of 6.45.
