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After finishing at $49.75 in the prior trading day, Samsara Inc (NYSE: IOT) closed at $49.38, down -0.74%. In other words, the price has decreased by -$0.74 from its previous closing price. On the day, 2.32 million shares were traded. IOT stock price reached its highest trading level at $50.06 during the session, while it also had its lowest trading level at $49.31.
Ratios:
Our goal is to gain a better understanding of IOT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.07.
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, BMO Capital Markets on September 06, 2024, Reiterated its Market Perform rating but revised its target price to $44 from $40 previously.
On June 20, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $37.
On April 18, 2024, Loop Capital started tracking the stock assigning a Buy rating and target price of $42.Loop Capital initiated its Buy rating on April 18, 2024, with a $42 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 24 ’24 when Biswas Sanjit bought 1,152,000 shares for $49.44 per share.
Bicket John bought 1,152,000 shares of IOT for $56,946,470 on Sep 24 ’24. On Sep 18 ’24, another insider, GC Venture VIII-B, LLC, who serves as the 10% Owner of the company, sold 21,346 shares for $47.80 each. As a result, the insider received 1,020,339 and left with 0 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 27473106944 and an Enterprise Value of 26888181760. For the stock, the TTM Price-to-Sale (P/S) ratio is 25.10 while its Price-to-Book (P/B) ratio in mrq is 28.48. Its current Enterprise Value per Revenue stands at 24.561 whereas that against EBITDA is -124.541.
Stock Price History:
Over the past 52 weeks, IOT has reached a high of $49.81, while it has fallen to a 52-week low of $21.48. The 50-Day Moving Average of the stock is 21.03%, while the 200-Day Moving Average is calculated to be 37.27%.
Shares Statistics:
The stock has traded on average 3.66M shares per day over the past 3-months and 4615350 shares per day over the last 10 days, according to various share statistics. A total of 556.36M shares are outstanding, with a floating share count of 203.65M. Insiders hold about 63.40% of the company’s shares, while institutions hold 31.71% stake in the company. Shares short for IOT as of 1724976000 were 15443802 with a Short Ratio of 4.15, compared to 1722384000 on 14905555. Therefore, it implies a Short% of Shares Outstanding of 15443802 and a Short% of Float of 8.140001.
