Pure Storage Inc (NYSE: PSTG) kicked off on Friday, up 0.19% from the previous trading day, before settling in for the closing price of $51.56. Over the past 52 weeks, PSTG has traded in a range of $31.00-$70.41.
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Technology Sector giant saw their annual sales surged by 16.38% over the last five years. While this was happening, its average annual earnings per share was recorded 12.76%. With a float of $309.96 million, this company’s outstanding shares have now reached $319.52 million.
The firm has a total of 5600 workers. Let’s measure their productivity. In terms of profitability, gross margin is 71.66%, operating margin of 4.9%, and the pretax margin is 5.54%.
Pure Storage Inc (PSTG) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Computer Hardware Industry. The insider ownership of Pure Storage Inc is 5.44%, while institutional ownership is 83.64%. The most recent insider transaction that took place on Nov 19 ’24, was worth 4,957,553. In this transaction Chief Visionary Officer of this company sold 100,000 shares at a rate of $49.58, taking the stock ownership to the 100,000 shares. Before that another transaction happened on Nov 04 ’24, when Company’s Chief Visionary Officer sold 100,000 for $50.01, making the entire transaction worth $5,000,929. This insider now owns 200,000 shares in total.
Pure Storage Inc (PSTG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 12.76% per share during the next fiscal year.
Pure Storage Inc (NYSE: PSTG) Trading Performance Indicators
Take a look at Pure Storage Inc’s (PSTG) current performance indicators. Last quarter, stock had a quick ratio of 1.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.64. Likewise, its price to free cash flow for the trailing twelve months is 25.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.41, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 1.85 in one year’s time.
Technical Analysis of Pure Storage Inc (PSTG)
Analysing the last 5-days average volume posted by the [Pure Storage Inc, PSTG], we can find that recorded value of 2.16 million was lower than the volume posted last year of 3.64 million. As of the previous 9 days, the stock’s Stochastic %D was 71.44%. Additionally, its Average True Range was 2.01.
During the past 100 days, Pure Storage Inc’s (PSTG) raw stochastic average was set at 29.26%, which indicates a significant decrease from 67.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.73% in the past 14 days, which was lower than the 49.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $51.70, while its 200-day Moving Average is $54.80. Now, the first resistance to watch is $52.59. This is followed by the second major resistance level at $53.53. The third major resistance level sits at $54.00. If the price goes on to break the first support level at $51.18, it is likely to go to the next support level at $50.71. Should the price break the second support level, the third support level stands at $49.77.
Pure Storage Inc (NYSE: PSTG) Key Stats
The company with the Market Capitalisation of 16.96 billion has total of 327,692K Shares Outstanding. Its annual sales at the moment are 2,831 M in contrast with the sum of 61,310 K annual income. Company’s last quarter sales were recorded 763,770 K and last quarter income was 35,670 K.
