Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Pure Storage Inc (NYSE: PSTG) closed at $54.47 in the last session, down -3.35% from day before closing price of $56.36. In other words, the price has decreased by -$3.35 from its previous closing price. On the day, 2.35 million shares were traded. PSTG stock price reached its highest trading level at $55.965 during the session, while it also had its lowest trading level at $54.42.
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 11.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.47. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.10.
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 Jul 11 ’25 when JOHN F MURPHY bought 6,959 shares for $56.17 per share.
Singh Ajay sold 22,601 shares of PSTG for $1,253,225 on Jul 02 ’25. The Chief Product Officer now owns 261,465 shares after completing the transaction at $55.45 per share. On Jul 02 ’25, another insider, AJAY SINGH, who serves as the Officer of the company, bought 22,601 shares for $55.45 each.
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 17802539008 and an Enterprise Value of 17511970816. As of this moment, Pure’s Price-to-Earnings (P/E) ratio for their current fiscal year is 146.58, and their Forward P/E ratio for the next fiscal year is 23.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.47 while its Price-to-Book (P/B) ratio in mrq is 14.31. Its current Enterprise Value per Revenue stands at 5.383 whereas that against EBITDA is 78.761.
Stock Price History:
The Beta on a monthly basis for PSTG is 1.07, which has changed by -0.14810759 over the last 52 weeks, in comparison to a change of 0.10611236 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 0.79%, while the 200-Day Moving Average is calculated to be -1.21%.
Shares Statistics:
According to the various share statistics, PSTG traded on average about 2.67M shares per day over the past 3-months and 2359020 shares per day over the past 10 days. A total of 326.94M shares are outstanding, with a floating share count of 308.37M. Insiders hold about 5.65% of the company’s shares, while institutions hold 85.85% stake in the company. Shares short for PSTG as of 1749772800 were 12240788 with a Short Ratio of 4.45, compared to 1747267200 on 12144346. Therefore, it implies a Short% of Shares Outstanding of 12240788 and a Short% of Float of 4.65.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
