Market Recap: SentinelOne Inc (S)’s Positive Momentum, Closing at 20.46

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The closing price of SentinelOne Inc (NYSE: S) was $20.46 for the day, up 0.49% from the previous closing price of $20.36. In other words, the price has increased by $0.49 from its previous closing price. On the day, 2.66 million shares were traded. S stock price reached its highest trading level at $20.63 during the session, while it also had its lowest trading level at $20.17.

Ratios:

Our analysis of S’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.79 and its Current Ratio is at 1.79. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

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, Canaccord Genuity on June 04, 2024, Upgraded its rating to Buy and sets its target price to $23 from $28 previously.

On March 12, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $28 to $31.

BofA Securities Upgraded its Neutral to Buy on February 14, 2024, whereas the target price for the stock was revised from $26.50 to $35.

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 13 ’24 when Weingarten Tomer sold 60,864 shares for $18.25 per share. The transaction valued at 1,110,658 led to the insider holds 1,119,312 shares of the business.

Weingarten Tomer sold 60,864 shares of S for $1,115,242 on Jun 12 ’24. The President, CEO now owns 1,119,312 shares after completing the transaction at $18.32 per share. On Jun 11 ’24, another insider, Weingarten Tomer, who serves as the President, CEO of the company, sold 82,116 shares for $17.40 each. As a result, the insider received 1,429,081 and left with 1,119,312 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, S now has a Market Capitalization of 6370077696 and an Enterprise Value of 5649601536. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.50 while its Price-to-Book (P/B) ratio in mrq is 3.95. Its current Enterprise Value per Revenue stands at 8.381 whereas that against EBITDA is -18.767.

Stock Price History:

The Beta on a monthly basis for S is 0.66, which has changed by 0.36127746 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, S has reached a high of $30.76, while it has fallen to a 52-week low of $13.87. The 50-Day Moving Average of the stock is 1.69%, while the 200-Day Moving Average is calculated to be -5.34%.

Shares Statistics:

S traded an average of 4.60M shares per day over the past three months and 5121710 shares per day over the past ten days. A total of 269.78M shares are outstanding, with a floating share count of 263.02M. Insiders hold about 15.93% of the company’s shares, while institutions hold 58.73% stake in the company. Shares short for S as of 1718323200 were 9909752 with a Short Ratio of 2.16, compared to 1715731200 on 7008729. Therefore, it implies a Short% of Shares Outstanding of 9909752 and a Short% of Float of 3.52.

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