Pure Storage Inc (NYSE: PSTG) kicked off on Tuesday, up 0.94% from the previous trading day, before settling in for the closing price of $53.04. Over the past 52 weeks, PSTG has traded in a range of $31.79-$70.41.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 16.38%. While this was happening, its average annual earnings per share was recorded 12.90%. With a float of $309.96 million, this company’s outstanding shares have now reached $327.46 million.
Considering the fact that the conglomerate employs 5600 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
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 5.41%, while institutional ownership is 83.66%. 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) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 10/31/2024, the organization reported 0.5 earnings per share (EPS), higher than consensus estimate (set at 0.44) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.90% 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 5.83. Likewise, its price to free cash flow for the trailing twelve months is 26.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.41, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 1.84 in one year’s time.
Technical Analysis of Pure Storage Inc (PSTG)
Compared to the last year’s volume of 3.63 million, its volume of 2.76 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 73.92%. Additionally, its Average True Range was 1.86.
During the past 100 days, Pure Storage Inc’s (PSTG) raw stochastic average was set at 40.54%, which indicates a significant decrease from 86.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.19% in the past 14 days, which was lower than the 49.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.13, while its 200-day Moving Average is $55.10. Nevertheless, the first resistance level for the watch stands at $54.03 in the near term. At $54.53, the stock is likely to face the second major resistance level. The third major resistance level sits at $55.26. If the price goes on to break the first support level at $52.80, it is likely to go to the next support level at $52.07. Now, if the price goes above the second support level, the third support stands at $51.57.
Pure Storage Inc (NYSE: PSTG) Key Stats
The company with the Market Capitalisation of 17.54 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.
