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After finishing at $49.50 in the prior trading day, Samsara Inc (NYSE: IOT) closed at $49.17, down -0.67%. In other words, the price has decreased by -$0.67 from its previous closing price. On the day, 1.28 million shares were traded. IOT stock price reached its highest trading level at $50.0843 during the session, while it also had its lowest trading level at $48.83.
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, Exane BNP Paribas on October 08, 2024, initiated with a Neutral rating and assigned the stock a target price of $46.
On September 06, 2024, BMO Capital Markets reiterated its Market Perform rating and also lowered its target price recommendation from $40 to $44.
On June 20, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $37.BofA Securities initiated its Buy rating on June 20, 2024, with a $37 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 Oct 15 ’24 when Biswas Sanjit sold 58,739 shares for $50.61 per share. The transaction valued at 2,972,493 led to the insider holds 617,147 shares of the business.
Biswas Sanjit sold 37,261 shares of IOT for $1,821,295 on Oct 16 ’24. The CHIEF EXECUTIVE OFFICER now owns 579,886 shares after completing the transaction at $48.88 per share. On Oct 15 ’24, another insider, Bicket John, who serves as the insider of the company, sold 58,688 shares for $50.60 each. As a result, the insider received 2,969,830 and left with 896,932 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 27356270592 and an Enterprise Value of 26771345408. For the stock, the TTM Price-to-Sale (P/S) ratio is 24.99 while its Price-to-Book (P/B) ratio in mrq is 28.36. Its current Enterprise Value per Revenue stands at 24.455 whereas that against EBITDA is -123.999.
Stock Price History:
Over the past 52 weeks, IOT has reached a high of $51.53, while it has fallen to a 52-week low of $21.48. The 50-Day Moving Average of the stock is 9.80%, while the 200-Day Moving Average is calculated to be 32.17%.
Shares Statistics:
The stock has traded on average 3.40M shares per day over the past 3-months and 2242330 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 205.59M. Insiders hold about 63.05% of the company’s shares, while institutions hold 31.81% stake in the company. Shares short for IOT as of 1727654400 were 14337829 with a Short Ratio of 4.22, compared to 1724976000 on 15443802. Therefore, it implies a Short% of Shares Outstanding of 14337829 and a Short% of Float of 7.550000399999999.
