Gen Digital Inc [NASDAQ: GEN] stock went on a downward path that fall over -1.39% on Thursday, amounting to a one-week price decrease of less than -3.66%.
Over the last 12 months, GEN stock rose by 20.34%. The one-year Gen Digital Inc stock forecast points to a potential upside of 18.15. The average equity rating for GEN stock is currently 2.25, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $16.23 billion, with 616.00 million shares outstanding and 558.04 million shares in the current float. Compared to the average trading volume of 3.53M shares, GEN stock reached a trading volume of 4843893 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $32.17 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 2.25. 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.
UBS have made an estimate for Gen Digital Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 04, 2024. While these analysts kept the previous recommendation, Wells Fargo raised their target price to Overweight. The new note on the price target was released on October 24, 2024, representing the official price target for Gen Digital Inc stock. Previously, the target price had yet another drop from $28 to $27, while Morgan Stanley kept a Equal-Weight rating on GEN stock. On April 11, 2024, analysts decreased their price target for GEN shares from 28 to 25.
The Average True Range (ATR) for Gen Digital Inc is set at 0.72, with the Price to Sales ratio for GEN stock in the period of the last 12 months amounting to 4.17. The Price to Book ratio for the last quarter was 7.54, with the Price to Cash per share for the same quarter was set at 1.43. Price to Free Cash Flow for GEN in the course of the last twelve months was 7.61 with Quick ratio for the last quarter at 0.35.
GEN Stock Performance Analysis:
Gen Digital Inc [GEN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.66. With this latest performance, GEN shares dropped by -5.46% in over the last four-week period, additionally plugging by 1.66% over the last 6 months – not to mention a rise of 20.34% 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 37.83, with the RSI for the last a single of trading hit 33.74, and the three-weeks RSI is set at 40.21 for Gen Digital Inc [GEN]. The present Moving Average for the last 50 days of trading for this stock 27.41, while it was recorded at 27.20 for the last single week of trading, and 26.94 for the last 200 days.
Insight into Gen Digital Inc Fundamentals:
Gen Digital Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.35 and a Current Ratio set at 0.35.
GEN Stock EPS
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 11.07%.
Gen Digital Inc [GEN] Institutonal Ownership Details
There are presently around $99.12%, or 109.45%% 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%.
