The price of Gen Digital Inc (NASDAQ: GEN) closed at $21.59 in the last session, up 0.84% from day before closing price of $21.41. In other words, the price has increased by $+0.18 from its previous closing price. On the day, 3122133 shares were traded.
Ratios:
We take a closer look at GEN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.15. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.67. In the meantime, Its Debt-to-Equity ratio is 3.85 whereas as Long-Term Debt/Eq ratio is at 3.77.
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 the company, Morgan Stanley on November 21, 2023, Upgraded its rating to Overweight and sets its target price to $26 from $23 previously.
On November 16, 2023, BofA Securities started tracking the stock assigning a Buy rating and target price of $25.
On May 19, 2023, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $27.Evercore ISI initiated its Outperform rating on May 19, 2023, with a $27 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 Feb 16 ’24 when DERSE NATALIE MARIE sold 1,221 shares for $21.32 per share. The transaction valued at 26,032 led to the insider holds 360,740 shares of the business.
Vlcek Ondrej bought 300,000 shares of GEN for $4,737,000 on May 17 ’23. The President now owns 4,160,061 shares after completing the transaction at $15.79 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GEN now has a Market Capitalization of 13.75B and an Enterprise Value of 22.56B. As of this moment, Gen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.95, and their Forward P/E ratio for the next fiscal year is 9.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.63 while its Price-to-Book (P/B) ratio in mrq is 5.69. Its current Enterprise Value per Revenue stands at 5.95 whereas that against EBITDA is 14.24.
Stock Price History:
Over the past 52 weeks, GEN has reached a high of $24.37, while it has fallen to a 52-week low of $15.45. The 50-Day Moving Average of the stock is 22.15, while the 200-Day Moving Average is calculated to be 20.22.
Shares Statistics:
According to the various share statistics, GEN traded on average about 4.32M shares per day over the past 3-months and 3.76M shares per day over the past 10 days. A total of 640.00M shares are outstanding, with a floating share count of 579.07M. Insiders hold about 9.08% of the company’s shares, while institutions hold 82.88% stake in the company. Shares short for GEN as of Feb 29, 2024 were 13.85M with a Short Ratio of 3.21, compared to 10.28M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.18% and a Short% of Float of 2.81%.
Dividends & Splits
The forward annual dividend rate for GEN is 0.50, which was 0.50 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 2.34%, it implies a Forward Annual Dividend Yield of 2.32%. The stock’s 5-year Average Dividend Yield is 2.09.
Earnings Estimates
The company has 5 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.52 for the current quarter, with a high estimate of $0.52 and a low estimate of $0.51, while EPS last year was $0.46. The consensus estimate for the next quarter is $0.53, with high estimates of $0.54 and low estimates of $0.52.
Analysts are recommending an EPS of between $1.98 and $1.94 for the fiscal current year, implying an average EPS of $1.95. EPS for the following year is $2.23, with 7 analysts recommending between $2.32 and $2.17.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $965.02M. It ranges from a high estimate of $965.3M to a low estimate of $964.8M. As of the current estimate, Gen Digital Inc’s year-ago sales were $948M, an estimated increase of 1.80% from the year-ago figure.
A total of 7 analysts have provided revenue estimates for GEN’s current fiscal year. The highest revenue estimate was $3.81B, while the lowest revenue estimate was $3.81B, resulting in an average revenue estimate of $3.81B. In the same quarter a year ago, actual revenue was $3.34B, up 14.10% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $3.94B in the next fiscal year. The high estimate is $3.99B and the low estimate is $3.89B. The average revenue growth estimate for next year is up 3.50% from the average revenue estimate for this year.
