The price of Samsara Inc (NYSE: IOT) closed at $38.39 in the last session, down -2.56% from day before closing price of $39.40. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 2966365 shares were traded.
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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 1.29 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:
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 Mar 22 ’24 when GCGM Investment Holdings, LP sold 68,904 shares for $36.98 per share. The transaction valued at 2,548,070 led to the insider holds 0 shares of the business.
Taneja Hemant sold 68,904 shares of IOT for $2,548,070 on Mar 22 ’24. The Director now owns 0 shares after completing the transaction at $36.98 per share. On Mar 21 ’24, another insider, Caimi Lara, who serves as the PRESIDENT, WORLDWIDE FIELD OPS of the company, sold 19,379 shares for $37.26 each. As a result, the insider received 722,007 and left with 1,216,368 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 21.13B and an Enterprise Value of 20.69B. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.36 while its Price-to-Book (P/B) ratio in mrq is 22.90. Its current Enterprise Value per Revenue stands at 22.07 whereas that against EBITDA is -88.25.
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 34.34, while the 200-Day Moving Average is calculated to be 29.25.
Shares Statistics:
According to the various share statistics, IOT traded on average about 3.88M shares per day over the past 3-months and 4.87M shares per day over the past 10 days. A total of 200.99M shares are outstanding, with a floating share count of 176.62M. Insiders hold about 67.65% of the company’s shares, while institutions hold 27.14% stake in the company. Shares short for IOT as of Feb 29, 2024 were 11.36M with a Short Ratio of 3.02, 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
The company has 13 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.01 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 $0.02 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 13 analysts have provided revenue estimates for IOT’s current fiscal year. The highest revenue estimate was $1.22B, while the lowest revenue estimate was $1.19B, resulting in an average revenue estimate of $1.2B. In the same quarter a year ago, actual revenue was $937.38M, up 27.50% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $1.51B 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 25.90% from the average revenue estimate for this year.
