Samsara Inc [NYSE: IOT] jumped around 1.21 points on Wednesday, while shares priced at $55.84 at the close of the session, up 2.21%.
Compared to the average trading volume of 3.19M shares, IOT reached a trading volume of 3707228 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Samsara Inc [IOT]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IOT shares is $48.94 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IOT stock is a recommendation set at 2.11. 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.
Craig Hallum have made an estimate for Samsara Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 22, 2024. While these analysts kept the previous recommendation, Exane BNP Paribas raised their target price to Neutral. The new note on the price target was released on October 08, 2024, representing the official price target for Samsara Inc stock. Previously, the target price had yet another raise from $40 to $44, while BMO Capital Markets kept a Market Perform rating on IOT stock.
The Average True Range (ATR) for Samsara Inc is set at 1.93, with the Price to Sales ratio for IOT stock in the period of the last 12 months amounting to 28.38. The Price to Book ratio for the last quarter was 32.20, with the Price to Cash per share for the same quarter was set at 1.21.
How has IOT stock performed recently?
Samsara Inc [IOT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.81. With this latest performance, IOT shares gained by 19.67% in over the last four-week period, additionally plugging by 64.24% over the last 6 months – not to mention a rise of 62.80% 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 IOT stock in for the last two-week period is set at 64.12, with the RSI for the last a single of trading hit 66.42, and the three-weeks RSI is set at 62.77 for Samsara Inc [IOT]. The present Moving Average for the last 50 days of trading for this stock 50.14, while it was recorded at 54.27 for the last single week of trading, and 40.25 for the last 200 days.
Samsara Inc [IOT]: Deeper insight into the fundamentals
Samsara Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.37 and a Current Ratio set at 1.43.
Insider trade positions for Samsara Inc [IOT]
There are presently around $96.01%, or 99.47%% of IOT stock, in the hands of institutional investors. The top three institutional holders of IOT stocks are: BAILLIE GIFFORD & CO with ownership of 27.43 million shares, which is approximately 5.0001%. GENERAL CATALYST GROUP MANAGEMENT, LLC, holding 26.3 million shares of the stock with an approximate value of $$886.21 million in IOT stocks shares; and GENERAL CATALYST GROUP MANAGEMENT, LLC, currently with $$647.41 million in IOT stock with ownership which is approximately 3.5015%.
