The closing price of SentinelOne Inc (NYSE: S) was $21.86 for the day, down -2.19% from the previous closing price of $22.35. In other words, the price has decreased by -$0.49 from its previous closing price. On the day, 3933441 shares were traded.
Ratios:
Our analysis of S’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.11 and its Current Ratio is at 2.11. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Needham on March 12, 2024, Reiterated its Buy rating but revised its target price to $31 from $28 previously.
On February 14, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $26.50 to $35.
BTIG Research Upgraded its Neutral to Buy on January 22, 2024, while the target price for the stock was maintained at $30.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 01 ’24 when Insight Holdings Group, LLC sold 91,895 shares for $23.10 per share. The transaction valued at 2,122,774 led to the insider holds 92,501 shares of the business.
Insight Holdings Group, LLC sold 8,566 shares of S for $197,875 on Apr 01 ’24. The 10% Owner now owns 5,025 shares after completing the transaction at $23.10 per share. On Apr 01 ’24, another insider, Insight Holdings Group, LLC, who serves as the 10% Owner of the company, sold 590 shares for $23.10 each. As a result, the insider received 13,629 and left with 5,764 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, S now has a Market Capitalization of 6.78B and an Enterprise Value of 5.87B. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.98 while its Price-to-Book (P/B) ratio in mrq is 4.18. Its current Enterprise Value per Revenue stands at 9.46 whereas that against EBITDA is -20.07.
Stock Price History:
Over the past 52 weeks, S has reached a high of $30.76, while it has fallen to a 52-week low of $12.43. The 50-Day Moving Average of the stock is 26.35, while the 200-Day Moving Average is calculated to be 20.15.
Shares Statistics:
S traded an average of 6.24M shares per day over the past three months and 4.57M shares per day over the past ten days. A total of 269.78M shares are outstanding, with a floating share count of 228.65M. Insiders hold about 19.39% of the company’s shares, while institutions hold 64.55% stake in the company. Shares short for S as of Mar 15, 2024 were 10.54M with a Short Ratio of 1.69, compared to 10M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.53% and a Short% of Float of 4.33%.
Earnings Estimates
The firm’s stock currently is rated by 28 analysts. On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.08, while EPS last year was -$0.15. The consensus estimate for the next quarter is -$0.01, with high estimates of $0.02 and low estimates of -$0.03.
Analysts are recommending an EPS of between $0.18 and -$0.05 for the fiscal current year, implying an average EPS of $0.02. EPS for the following year is $0.26, with 31 analysts recommending between $0.44 and $0.12.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 27 analysts. It ranges from a high estimate of $181.59M to a low estimate of $180.7M. As of the current estimate, SentinelOne Inc’s year-ago sales were $133.39M, an estimated increase of 35.80% from the year-ago figure.
A total of 31 analysts have provided revenue estimates for S’s current fiscal year. The highest revenue estimate was $861.89M, while the lowest revenue estimate was $797.92M, resulting in an average revenue estimate of $816.82M. In the same quarter a year ago, actual revenue was $621.15M, up 31.50% from the average estimate. Based on 31 analysts’ estimates, the company’s revenue will be $1.05B in the next fiscal year. The high estimate is $1.19B and the low estimate is $1.01B. The average revenue growth estimate for next year is up 28.30% from the average revenue estimate for this year.
