The stock of Gen Digital Inc. (GEN) has gone down by -1.55% for the week, with a -5.70% drop in the past month and a 2.04% rise in the past quarter. The volatility ratio for the week is 2.21%, and the volatility levels for the past 30 days are 2.35% for GEN. The simple moving average for the past 20 days is -5.33% for GEN’s stock, with a -2.15% simple moving average for the past 200 days.
Is It Worth Investing in Gen Digital Inc. (NASDAQ: GEN) Right Now?
Gen Digital Inc. (NASDAQ: GEN) has a price-to-earnings ratio of 9.13x that is above its average ratio. Additionally, the 36-month beta value for GEN is 0.82. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
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The average price predicted by analysts for GEN is $23.50, which is $4.39 above the current price. The public float for GEN is 583.00M and currently, short sellers hold a 2.69% ratio of that float. The average trading volume of GEN on September 19, 2023 was 3.59M shares.
GEN) stock’s latest price update
Gen Digital Inc. (NASDAQ: GEN)’s stock price has dropped by -0.16 in relation to previous closing price of 19.04. Nevertheless, the company has seen a loss of -1.55% in its stock price over the last five trading days. InvestorPlace reported 2023-09-17 that Cyber threats are escalating in both prevalence and sophistication. So, the imperative for advanced protection in the realm of cybersecurity stocks, has never been greater.
Analysts’ Opinion of GEN
Many brokerage firms have already submitted their reports for GEN stocks, with Evercore ISI repeating the rating for GEN by listing it as a “Outperform.” The predicted price for GEN in the upcoming period, according to Evercore ISI is $27 based on the research report published on May 19, 2023 of the current year 2023.
GEN Trading at -3.97% from the 50-Day Moving Average
After a stumble in the market that brought GEN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.53% of loss for the given period.
Volatility was left at 2.35%, however, over the last 30 days, the volatility rate increased by 2.21%, as shares sank -6.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.14% upper at present.
During the last 5 trading sessions, GEN fell by -1.55%, which changed the moving average for the period of 200-days by -15.96% in comparison to the 20-day moving average, which settled at $20.01. In addition, Gen Digital Inc. saw -11.29% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GEN starting from Vlcek Ondrej, who purchase 300,000 shares at the price of $15.79 back on May 17. After this action, Vlcek Ondrej now owns 4,160,061 shares of Gen Digital Inc., valued at $4,737,000 using the latest closing price.
DERSE NATALIE MARIE, the CFO of Gen Digital Inc., sale 1,033 shares at $21.10 during a trade that took place back on Feb 16, which means that DERSE NATALIE MARIE is holding 235,863 shares at $21,796 based on the most recent closing price.
Stock Fundamentals for GEN
Current profitability levels for the company are sitting at:
- +41.13 for the present operating margin
- +77.20 for the gross margin
The net margin for Gen Digital Inc. stands at +40.41. The total capital return value is set at 17.43, while invested capital returns managed to touch 18.64. Equity return is now at value 70.90, with 8.50 for asset returns.
Based on Gen Digital Inc. (GEN), the company’s capital structure generated 446.32 points at debt to equity in total, while total debt to capital is 81.70. Total debt to assets is 61.57, with long-term debt to equity ratio resting at 434.55. Finally, the long-term debt to capital ratio is 79.54.
When we switch over and look at the enterprise to sales, we see a ratio of 5.94, with the company’s debt to enterprise value settled at 0.50. The receivables turnover for the company is 20.17 and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.43.
Conclusion
In conclusion, Gen Digital Inc. (GEN) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
