SentinelOne Inc [NYSE: S] closed the trading session at $25.60. The company report on February 21, 2024 at 9:00 AM that SentinelOne® Named to CRN’s 2024 Security 100 List for Seventh Straight Year.
Company recognized for strong commitment to channel in delivering advanced technology to protect businesses from cyber threats.
SentinelOne (NYSE: S), a global leader in AI-powered security, today announced that for a seventh straight year, it has been named by CRN®, a brand of The Channel Company, to its Security 100 list, which honors security vendors who demonstrate superior commitment to working with channel partners to protect businesses from cyberthreats.
The stocks have a year to date performance of -6.71 percent and weekly performance of -11.69 percent. The stock has been moved at 52.20 percent over the last six months. The stock has performed -2.62 percent around the most recent 30 days and changed 49.01 percent over the most recent 3-months.
If compared to the average trading volume of 6.58M shares, S reached to a volume of 10864807 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about SentinelOne Inc [S]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for S shares is $28.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on S stock is a recommendation set at 2.03. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for SentinelOne Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 14, 2024. The new note on the price target was released on January 22, 2024, representing the official price target for SentinelOne Inc stock. Previously, the target price had yet another raise to $34, while Bernstein analysts kept a Outperform rating on S stock.
The Average True Range (ATR) for SentinelOne Inc is set at 1.43, with the Price to Sales ratio for S stock in the period of the last 12 months amounting to 13.34. The Price to Book ratio for the last quarter was 4.82, with the Price to Cash per share for the same quarter was set at 2.67.
S stock trade performance evaluation
SentinelOne Inc [S] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.69. With this latest performance, S shares dropped by -2.62% in over the last four-week period, additionally plugging by 52.20% over the last 6 months – not to mention a rise of 60.60% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for S stock in for the last two-week period is set at 40.05, with the RSI for the last a single of trading hit 31.07, and the three-weeks RSI is set at 45.84 for SentinelOne Inc [S]. The present Moving Average for the last 50 days of trading for this stock 26.59, while it was recorded at 28.85 for the last single week of trading, and 19.03 for the last 200 days.
SentinelOne Inc [S]: An insightful look at the core fundamentals
SentinelOne Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.05 and a Current Ratio set at 2.05.
Earnings per share (EPS) analysis for SentinelOne Inc [S] stock
With the latest financial reports released by the company, SentinelOne Inc posted -0.13/share EPS, while the average EPS was predicted by analysts to be reported at -0.16/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 18.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for S. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for SentinelOne Inc go to 40.20%.
SentinelOne Inc [S]: Institutional Ownership
The top three institutional holders of S stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in S stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in S stock with ownership which is approximately 5.8325%.
