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The price of Samsara Inc (NYSE: IOT) closed at $36.94 in the last session, up 0.63% from day before closing price of $36.71. In other words, the price has increased by $0.63 from its previous closing price. On the day, 1.96 million shares were traded. IOT stock price reached its highest trading level at $37.76 during the session, while it also had its lowest trading level at $36.2601.
Ratios:
We take a closer look at IOT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.08.
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, BofA Securities on June 20, 2024, initiated with a Buy rating and assigned the stock a target price of $37.
On April 18, 2024, Loop Capital started tracking the stock assigning a Buy rating and target price of $42.
On October 25, 2023, FBN Securities started tracking the stock assigning a Outperform rating and target price of $30.FBN Securities initiated its Outperform rating on October 25, 2023, with a $30 target price.
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 24 ’24 when Bicket John sold 13,075 shares for $37.01 per share. The transaction valued at 483,927 led to the insider holds 1,544,040 shares of the business.
Biswas Sanjit sold 11,850 shares of IOT for $438,573 on Jul 24 ’24. The CHIEF EXECUTIVE OFFICER now owns 1,178,299 shares after completing the transaction at $37.01 per share. On Jul 23 ’24, another insider, Biswas Sanjit, who serves as the CHIEF EXECUTIVE OFFICER of the company, sold 84,150 shares for $38.06 each. As a result, the insider received 3,202,768 and left with 1,190,149 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 20220106752 and an Enterprise Value of 19719389184. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.07 while its Price-to-Book (P/B) ratio in mrq is 22.02. Its current Enterprise Value per Revenue stands at 19.451 whereas that against EBITDA is -86.344.
Stock Price History:
Over the past 52 weeks, IOT has reached a high of $42.28, while it has fallen to a 52-week low of $21.48. The 50-Day Moving Average of the stock is 5.94%, while the 200-Day Moving Average is calculated to be 12.77%.
Shares Statistics:
According to the various share statistics, IOT traded on average about 3.93M shares per day over the past 3-months and 2401220 shares per day over the past 10 days. A total of 200.99M shares are outstanding, with a floating share count of 196.39M. Insiders hold about 64.34% of the company’s shares, while institutions hold 30.73% stake in the company. Shares short for IOT as of 1721001600 were 13277018 with a Short Ratio of 3.38, compared to 1718323200 on 11842748. Therefore, it implies a Short% of Shares Outstanding of 13277018 and a Short% of Float of 7.239999599999999.
