Pure Storage Inc (NYSE: PSTG) on Tuesday, soared 0.27% from the previous trading day, before settling in for the closing price of $55.44. Within the past 52 weeks, PSTG’s price has moved between $34.51 and $73.67.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 14.59%. The company achieved an average annual earnings per share of -1.39%. With a float of $309.03 million, this company’s outstanding shares have now reached $326.10 million.
Considering the fact that the conglomerate employs 6000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 69.84%, operating margin of 3.19%, and the pretax margin is 4.67%.
Pure Storage Inc (PSTG) Insider Activity
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of Pure Storage Inc is 5.54%, while institutional ownership is 85.79%. The most recent insider transaction that took place on May 12 ’25, was worth 5,201,000. In this transaction Chief Visionary Officer of this company sold 100,000 shares at a rate of $52.01, taking the stock ownership to the 801,959 shares. Before that another transaction happened on May 12 ’25, when Company’s Chief Revenue Officer sold 872 for $51.51, making the entire transaction worth $44,917. This insider now owns 89,351 shares in total.
Pure Storage Inc (PSTG) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.39% per share during the next fiscal year.
Pure Storage Inc (NYSE: PSTG) Trading Performance Indicators
Pure Storage Inc (PSTG) is currently performing well based on its current performance indicators. A quick ratio of 1.52 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 5.74. Likewise, its price to free cash flow for the trailing twelve months is 34.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.31, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 2.16 in one year’s time.
Technical Analysis of Pure Storage Inc (PSTG)
Compared to the last year’s volume of 2.82 million, its volume of 2.85 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 53.43%. Additionally, its Average True Range was 2.01.
During the past 100 days, Pure Storage Inc’s (PSTG) raw stochastic average was set at 53.83%, which indicates a significant decrease from 85.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.66% in the past 14 days, which was lower than the 61.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $47.74, while its 200-day Moving Average is $55.01. Nevertheless, the first resistance level for the watch stands at $56.59 in the near term. At $57.59, the stock is likely to face the second major resistance level. The third major resistance level sits at $58.41. If the price goes on to break the first support level at $54.77, it is likely to go to the next support level at $53.95. Should the price break the second support level, the third support level stands at $52.95.
Pure Storage Inc (NYSE: PSTG) Key Stats
Market capitalization of the company is 18.19 billion based on 326,023K outstanding shares. Right now, sales total 3,168 M and income totals 106,740 K. The company made 879,840 K in profit during its latest quarter, and 42,440 K in sales during its previous quarter.
