Samsara Inc [NYSE: IOT] closed the trading session at $45.67.
The stocks have a year to date performance of 4.53 percent and weekly performance of 6.41 percent. The stock has been moved at 19.37 percent over the last six months. The stock has performed -1.64 percent around the most recent 30 days and changed -9.55 percent over the most recent 3-months.
If compared to the average trading volume of 2.95M shares, IOT reached to a volume of 3479784 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 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 $55.00 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 2.00. 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.
BMO Capital Markets have made an estimate for Samsara Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on December 06, 2024. While these analysts kept the previous recommendation, Craig Hallum raised their target price to Hold. The new note on the price target was released on October 22, 2024, representing the official price target for Samsara Inc stock. Previously, the target price had yet another raise to $46, while Exane BNP Paribas analysts kept a Neutral rating on IOT stock. On September 06, 2024, analysts increased their price target for IOT shares from 40 to 44.
The Average True Range (ATR) for Samsara Inc is set at 1.80, with the Price to Sales ratio for IOT stock in the period of the last 12 months amounting to 21.74. The Price to Book ratio for the last quarter was 25.65, with the Price to Cash per share for the same quarter was set at 1.20. Price to Free Cash Flow for IOT in the course of the last twelve months was 1348.94 with Quick ratio for the last quarter at 1.35.
IOT stock trade performance evaluation
Samsara Inc [IOT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.41. With this latest performance, IOT shares dropped by -1.64% in over the last four-week period, additionally plugging by 19.37% over the last 6 months – not to mention a rise of 37.68% 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 49.17, with the RSI for the last a single of trading hit 54.29, and the three-weeks RSI is set at 47.62 for Samsara Inc [IOT]. The present Moving Average for the last 50 days of trading for this stock 48.72, while it was recorded at 44.24 for the last single week of trading, and 41.57 for the last 200 days.
Samsara Inc [IOT]: An insightful look at the core fundamentals
Samsara Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.35 and a Current Ratio set at 1.41.
Samsara Inc [IOT]: Institutional Ownership
There are presently around $96.00%, or 99.46%% 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%.
