In the latest session, Samsara Inc (NYSE: IOT) closed at $39.07 up 1.88% from its previous closing price of $38.35. In other words, the price has increased by $+0.72 from its previous closing price. On the day, 4344469 shares were traded. IOT stock price reached its highest trading level at $39.31 during the session, while it also had its lowest trading level at $37.57.
Ratios:
For a deeper understanding of Samsara Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.09.
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, FBN Securities on October 25, 2023, initiated with a Outperform rating and assigned the stock a target price of $30.
On April 21, 2023, Truist started tracking the stock assigning a Hold rating and target price of $20.
Morgan Stanley Downgraded its Overweight to Equal-Weight on March 23, 2023, whereas the target price for the stock was revised from $18 to $19.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 05 ’24 when Biswas Sanjit sold 96,000 shares for $33.20 per share. The transaction valued at 3,186,878 led to the insider holds 19,200 shares of the business.
Bicket John sold 96,000 shares of IOT for $3,186,826 on Mar 05 ’24. The insider now owns 19,200 shares after completing the transaction at $33.20 per share. On Feb 28 ’24, another insider, Biswas Sanjit, who serves as the CHIEF EXECUTIVE OFFICER of the company, sold 15,658 shares for $33.24 each. As a result, the insider received 520,469 and left with 370,335 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 21.11B and an Enterprise Value of 20.66B. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.51 while its Price-to-Book (P/B) ratio in mrq is 22.19. Its current Enterprise Value per Revenue stands at 22.04 whereas that against EBITDA is -88.13.
Stock Price History:
Over the past 52 weeks, IOT has reached a high of $40.54, while it has fallen to a 52-week low of $16.63. The 50-Day Moving Average of the stock is 33.19, while the 200-Day Moving Average is calculated to be 28.48.
Shares Statistics:
For the past three months, IOT has traded an average of 3.75M shares per day and 7.44M over the past ten days. A total of 540.17M shares are outstanding, with a floating share count of 167.24M. Insiders hold about 69.04% of the company’s shares, while institutions hold 27.24% stake in the company. Shares short for IOT as of Feb 29, 2024 were 11.36M with a Short Ratio of 3.03, compared to 13.12M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.10% and a Short% of Float of 7.02%.
Earnings Estimates
There are 13 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.02 and a low estimate of $0, while EPS last year was -$0.02. The consensus estimate for the next quarter is $0.01, with high estimates of $0.03 and low estimates of $0.
Analysts are recommending an EPS of between $0.13 and $0.11 for the fiscal current year, implying an average EPS of $0.12. EPS for the following year is $0.22, with 13 analysts recommending between $0.26 and $0.14.
Revenue Estimates
A total of 14 analysts have provided revenue estimates for IOT’s current fiscal year. The highest revenue estimate was $1.27B, while the lowest revenue estimate was $1.17B, resulting in an average revenue estimate of $1.2B. In the same quarter a year ago, actual revenue was $937.38M, up 27.90% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $1.5B in the next fiscal year. The high estimate is $1.59B and the low estimate is $1.47B. The average revenue growth estimate for next year is up 25.40% from the average revenue estimate for this year.
