Gen Digital Inc [NASDAQ: GEN] loss -0.39% on the last trading session, reaching $28.06 price per share at the time.
If compared to the average trading volume of 2.99M shares, GEN reached a trading volume of 4041303 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about Gen Digital Inc [GEN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GEN shares is $28.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GEN stock is a recommendation set at 2.50. 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.
Morgan Stanley have made an estimate for Gen Digital Inc shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on June 07, 2024. While these analysts kept the previous recommendation, Barclays dropped their target price from $28 to $25. The new note on the price target was released on April 11, 2024, representing the official price target for Gen Digital Inc stock. Previously, the target price had yet another raise from $23 to $26, while Morgan Stanley kept a Overweight rating on GEN stock.
The Average True Range (ATR) for Gen Digital Inc is set at 0.41, with the Price to Sales ratio for GEN stock in the period of the last 12 months amounting to 4.51. The Price to Book ratio for the last quarter was 8.76, with the Price to Cash per share for the same quarter was set at 1.05. Price to Free Cash Flow for GEN in the course of the last twelve months was 8.29 with Quick ratio for the last quarter at 0.30.
Trading performance analysis for GEN stock
Gen Digital Inc [GEN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.30. With this latest performance, GEN shares gained by 5.57% in over the last four-week period, additionally plugging by 37.68% over the last 6 months – not to mention a rise of 58.53% 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 GEN stock in for the last two-week period is set at 66.36, with the RSI for the last a single of trading hit 68.98, and the three-weeks RSI is set at 64.26 for Gen Digital Inc [GEN]. The present Moving Average for the last 50 days of trading for this stock 26.44, while it was recorded at 28.02 for the last single week of trading, and 23.86 for the last 200 days.
Gen Digital Inc [GEN]: A deeper dive into fundamental analysis
Gen Digital Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.30.
Gen Digital Inc [GEN]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Gen Digital Inc posted 0.47/share EPS, while the average EPS was predicted by analysts to be reported at 0.47/share. 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 GEN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Gen Digital Inc go to 10.49%.
An analysis of Institutional ownership at Gen Digital Inc [GEN]
There are presently around $87.70%, or 96.65%% of GEN stock, in the hands of institutional investors. The top three institutional holders of GEN stocks are: VANGUARD GROUP INC with ownership of 66.61 million shares, which is approximately 10.4567%. BLACKROCK INC., holding 53.89 million shares of the stock with an approximate value of $$1.35 billion in GEN stocks shares; and BLACKROCK INC., currently with $$1.08 billion in GEN stock with ownership which is approximately 6.8058%.
