The price-to-earnings ratio for Gen Digital Inc (NASDAQ: GEN) is above average at 9.45x. The 36-month beta value for GEN is also noteworthy at 0.86. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The average price estimated by analysts for GEN is $25.25, which is $4.46 above than the current price. The public float for GEN is 579.90M, and at present, short sellers hold a 2.04% of that float. The average trading volume of GEN on November 21, 2023 was 3.64M shares.
GEN) stock’s latest price update
Gen Digital Inc (NASDAQ: GEN) has seen a rise in its stock price by 0.63 in relation to its previous close of 20.66. However, the company has experienced a 10.00% gain in its stock price over the last five trading sessions. MarketBeat reported 2023-11-14 that Cybersecurity products and services provider Gen Digital Inc. NASDAQ: GEN may not sound familiar until you discover its products and brands. While enterprise cybersecurity firms like Palo Alto Networks Inc. NASDAQ: PANW and Crowdstrike Holdings Inc. NASDAQ: CRWD get the spotlight, consumer cybersecurity tends to get overlooked.
GEN’s Market Performance
Gen Digital Inc (GEN) has experienced a 10.00% rise in stock performance for the past week, with a 21.15% rise in the past month, and a 1.27% rise in the past quarter. The volatility ratio for the week is 2.46%, and the volatility levels for the past 30 days are at 2.72% for GEN. The simple moving average for the last 20 days is 14.96% for GEN stock, with a simple moving average of 12.70% for the last 200 days.
Analysts’ Opinion of GEN
Many brokerage firms have already submitted their reports for GEN stocks, with BofA Securities repeating the rating for GEN by listing it as a “Buy.” The predicted price for GEN in the upcoming period, according to BofA Securities is $25 based on the research report published on November 16, 2023 of the current year 2023.
GEN Trading at 15.01% 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 -13.09% of loss for the given period.
Volatility was left at 2.72%, however, over the last 30 days, the volatility rate increased by 2.46%, as shares surge +23.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.66% upper at present.
During the last 5 trading sessions, GEN rose by +10.00%, which changed the moving average for the period of 200-days by -2.39% in comparison to the 20-day moving average, which settled at $18.28. In addition, Gen Digital Inc saw -2.99% in overturn over a single year, with a tendency to cut further losses.
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 68.97, with 8.78 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 5.91, 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.
In summary, Gen Digital Inc (GEN) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.