On Tuesday, Gen Digital Inc (NASDAQ: GEN) was -2.17% drop from the session before settling in for the closing price of $30.48. A 52-week range for GEN has been $19.08 – $31.72.
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Annual sales at Technology sector company grew by 9.40% over the past five years. When this article was written, the company’s average yearly earnings per share was at 12.55%. With a float of $558.00 million, this company’s outstanding shares have now reached $616.00 million.
Let’s look at the performance matrix of the company that is accounted for 3400 employees. In terms of profitability, gross margin is 76.85%, operating margin of 40.81%, and the pretax margin is 24.11%.
Gen Digital Inc (GEN) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Gen Digital Inc stocks. The insider ownership of Gen Digital Inc is 9.45%, while institutional ownership is 85.35%. The most recent insider transaction that took place on Nov 26 ’24, was worth 1,476,601. In this transaction CLO & Head Corp Aff of this company sold 48,290 shares at a rate of $30.58, taking the stock ownership to the 504,500 shares. Before that another transaction happened on Nov 26 ’24, when Company’s Officer proposed sale 48,290 for $30.58, making the entire transaction worth $1,476,600.
Gen Digital Inc (GEN) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.80% during the next five years compared to 81.21% growth over the previous five years of trading.
Gen Digital Inc (NASDAQ: GEN) Trading Performance Indicators
You can see what Gen Digital Inc (GEN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.76. Likewise, its price to free cash flow for the trailing twelve months is 8.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.98, a number that is poised to hit 0.55 in the next quarter and is forecasted to reach 2.46 in one year’s time.
Technical Analysis of Gen Digital Inc (GEN)
Gen Digital Inc (NASDAQ: GEN) saw its 5-day average volume 3.34 million, a negative change from its year-to-date volume of 4.07 million. As of the previous 9 days, the stock’s Stochastic %D was 28.80%. Additionally, its Average True Range was 0.69.
During the past 100 days, Gen Digital Inc’s (GEN) raw stochastic average was set at 75.73%, which indicates a significant increase from 32.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.45% in the past 14 days, which was lower than the 23.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.85, while its 200-day Moving Average is $25.13. Nevertheless, the first resistance level for the watch stands at $30.97 in the near term. At $32.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.97. If the price goes on to break the first support level at $28.96, it is likely to go to the next support level at $28.11. The third support level lies at $26.96 if the price breaches the second support level.
Gen Digital Inc (NASDAQ: GEN) Key Stats
There are 616,205K outstanding shares of the company, which has a market capitalization of 18.38 billion. As of now, sales total 3,812 M while income totals 616,000 K. Its latest quarter income was 974,000 K while its last quarter net income were 161,000 K.
