As of close of business last night, Samsara Inc’s stock clocked out at $34.55, up 4.03% from its previous closing price of $33.21. In other words, the price has increased by $+1.34 from its previous closing price. On the day, 14206813 shares were traded.
Ratios:
To gain a deeper understanding of IOT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1723.26. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 1.66. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 28 when Biswas Sanjit sold 15,658 shares for $33.24 per share. The transaction valued at 520,469 led to the insider holds 370,335 shares of the business.
Bicket John sold 15,346 shares of IOT for $510,026 on Feb 28. The insider now owns 364,172 shares after completing the transaction at $33.24 per share. On Feb 27, another insider, Bicket John, who serves as the insider of the company, sold 80,654 shares for $33.73 each. As a result, the insider received 2,720,855 and left with 379,518 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 17.94B and an Enterprise Value of 17.38B. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.02 while its Price-to-Book (P/B) ratio in mrq is 19.63. Its current Enterprise Value per Revenue stands at 20.51 whereas that against EBITDA is -72.04.
Stock Price History:
Over the past 52 weeks, IOT has reached a high of $36.91, while it has fallen to a 52-week low of $16.08. The 50-Day Moving Average of the stock is 32.85, while the 200-Day Moving Average is calculated to be 27.77.
Shares Statistics:
It appears that IOT traded 3.52M shares on average per day over the past three months and 2.55M shares per day over the past ten days. A total of 540.17M shares are outstanding, with a floating share count of 166.85M. Insiders hold about 69.11% of the company’s shares, while institutions hold 27.24% stake in the company. Shares short for IOT as of Feb 15, 2024 were 11.35M with a Short Ratio of 3.23, compared to 13.68M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.10% and a Short% of Float of 7.01%.
Earnings Estimates
As of right now, 13 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.03 for the current quarter, with a high estimate of $0.03 and a low estimate of $0.02, while EPS last year was -$0.02. The consensus estimate for the next quarter is -$0.01, with high estimates of $0.02 and low estimates of -$0.02.
Analysts are recommending an EPS of between $0.06 and $0.05 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is $0.08, with 13 analysts recommending between $0.14 and -$0.04.
Revenue Estimates
In the current quarter, 12 analysts expect revenue to total $258.31M. It ranges from a high estimate of $259M to a low estimate of $257.8M. As of the current estimate, Samsara Inc’s year-ago sales were $186.58M, an estimated increase of 38.40% from the year-ago figure.
A total of 14 analysts have provided revenue estimates for IOT’s current fiscal year. The highest revenue estimate was $1.06B, while the lowest revenue estimate was $919M, resulting in an average revenue estimate of $929.06M. In the same quarter a year ago, actual revenue was $652.5M, up 42.40% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $1.18B in the next fiscal year. The high estimate is $1.27B and the low estimate is $1.17B. The average revenue growth estimate for next year is up 26.90% from the average revenue estimate for this year.
