Gen Digital Inc (NASDAQ: GEN) on Friday, plunged -0.53% from the previous trading day, before settling in for the closing price of $30.02. Within the past 52 weeks, GEN’s price has moved between $19.08 and $31.72.
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A company in the Technology sector has jumped its sales by 9.40% annually for the last half of the decade. The company achieved an average annual earnings per share of 12.55%. With a float of $558.15 million, this company’s outstanding shares have now reached $616.00 million.
In an organization with 3400 employees, it is important to assess its efficiency. 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
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of Gen Digital Inc is 9.44%, while institutional ownership is 85.34%. 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
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
Gen Digital Inc (GEN) is currently performing well based on its current performance indicators. A quick ratio of 0.32 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.75. Likewise, its price to free cash flow for the trailing twelve months is 8.63.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 3.73 million. That was inferior than the volume of 4.06 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 27.52%. Additionally, its Average True Range was 0.66.
During the past 100 days, Gen Digital Inc’s (GEN) raw stochastic average was set at 76.25%, which indicates a significant increase from 24.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.20% in the past 14 days, which was lower than the 23.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.02, while its 200-day Moving Average is $25.26. However, in the short run, Gen Digital Inc’s stock first resistance to watch stands at $30.08. Second resistance stands at $30.29. The third major resistance level sits at $30.48. If the price goes on to break the first support level at $29.67, it is likely to go to the next support level at $29.48. The third support level lies at $29.26 if the price breaches the second support level.
Gen Digital Inc (NASDAQ: GEN) Key Stats
Market capitalization of the company is 18.30 billion based on 616,205K outstanding shares. Right now, sales total 3,812 M and income totals 616,000 K. The company made 974,000 K in profit during its latest quarter, and 161,000 K in sales during its previous quarter.
