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After finishing at $55.14 in the prior trading day, Pure Storage Inc (NYSE: PSTG) closed at $53.64, down -2.72%. In other words, the price has decreased by -$2.72 from its previous closing price. On the day, 7.69 million shares were traded.
Ratios:
Our goal is to gain a better understanding of PSTG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.02. 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:
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 May 12 ’25 when Colgrove John sold 100,000 shares for $52.01 per share. The transaction valued at 5,201,000 led to the insider holds 801,959 shares of the business.
FitzSimons Dan sold 872 shares of PSTG for $44,917 on May 12 ’25. The Chief Revenue Officer now owns 89,351 shares after completing the transaction at $51.51 per share. On May 12 ’25, another insider, COLGROVE FAM LIVING TR DTD 7/1, who serves as the Director of the company, bought 100,000 shares for $48.70 each.
Valuation Measures:
As of this moment, Pure’s Price-to-Earnings (P/E) ratio for their current fiscal year is 144.35, and their Forward P/E ratio for the next fiscal year is 23.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 13.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.39 while its Price-to-Book (P/B) ratio in mrq is 13.39.
Stock Price History:
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 11.96%, while the 200-Day Moving Average is calculated to be -2.47%.
Shares Statistics:
A total of 327.14M shares are outstanding, with a floating share count of 308.96M. Insiders hold about 5.56% of the company’s shares, while institutions hold 85.80% stake in the company.
Earnings Estimates
The current market rating for Pure Storage Inc (PSTG) reflects the collective analysis of 20.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.52, with high estimates of $0.63 and low estimates of $0.46.
Analysts are recommending an EPS of between $2.01 and $1.68 for the fiscal current year, implying an average EPS of $1.81. EPS for the following year is $2.26, with 20.0 analysts recommending between $2.63 and $1.83.
Revenue Estimates
17 analysts predict $845.8M in revenue for the current quarter. It ranges from a high estimate of $849.47M to a low estimate of $844.6M. As of the current estimate, Pure Storage Inc’s year-ago sales were $763.77MFor the next quarter, 17 analysts are estimating revenue of $913.47M. There is a high estimate of $926.67M for the next quarter, whereas the lowest estimate is $882M.
A total of 20 analysts have provided revenue estimates for PSTG’s current fiscal year. The highest revenue estimate was $3.56B, while the lowest revenue estimate was $3.51B, resulting in an average revenue estimate of $3.52B. In the same quarter a year ago, actual revenue was $3.17BBased on 20 analysts’ estimates, the company’s revenue will be $4.01B in the next fiscal year. The high estimate is $4.12B and the low estimate is $3.83B.
