The 36-month beta value for S is also noteworthy at 0.66. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 18 rating it as “hold,” and 6 rating it as “sell.”
The public float for S is 228.65M, and at present, short sellers hold a 4.61% of that float. The average trading volume of S on April 02, 2024 was 6.37M shares.
S) stock’s latest price update
SentinelOne Inc (NYSE: S) has seen a decline in its stock price by -1.29 in relation to its previous close of 23.31. However, the company has experienced a 1.01% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-01 that Cybersecurity is a big and growing sector. McKinsey & Co. has forecasted that the global cybersecurity market could reach $2 trillion as companies and individuals increase spending to protect themselves and their data from a rising number of cyberattacks and online threats.
S’s Market Performance
SentinelOne Inc (S) has experienced a 1.01% rise in stock performance for the past week, with a -18.32% drop in the past month, and a -17.47% drop in the past quarter. The volatility ratio for the week is 3.06%, and the volatility levels for the past 30 days are at 4.38% for S. The simple moving average for the last 20 days is -7.26% for S stock, with a simple moving average of 14.77% for the last 200 days.
Analysts’ Opinion of S
Many brokerage firms have already submitted their reports for S stocks, with Needham repeating the rating for S by listing it as a “Buy.” The predicted price for S in the upcoming period, according to Needham is $31 based on the research report published on March 12, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see S reach a price target of $35, previously predicting the price at $26.50. The rating they have provided for S stocks is “Buy” according to the report published on February 14th, 2024.
BTIG Research gave a rating of “Buy” to S, setting the target price at $30 in the report published on January 22nd of the current year.
S Trading at -13.21% from the 50-Day Moving Average
After a stumble in the market that brought S to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.20% of loss for the given period.
Volatility was left at 4.38%, however, over the last 30 days, the volatility rate increased by 3.06%, as shares sank -17.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.92% lower at present.
During the last 5 trading sessions, S rose by +1.01%, which changed the moving average for the period of 200-days by +45.73% in comparison to the 20-day moving average, which settled at $24.57. In addition, SentinelOne Inc saw -16.14% 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 S starting from Bernhardt David J., who sale 11,221 shares at the price of $22.76 back on Mar 19 ’24. After this action, Bernhardt David J. now owns 535,011 shares of SentinelOne Inc, valued at $255,353 using the latest closing price.
Smith Ric, the CPO & CTO of SentinelOne Inc, sale 17,738 shares at $27.00 during a trade that took place back on Mar 07 ’24, which means that Smith Ric is holding 694,021 shares at $478,894 based on the most recent closing price.
Stock Fundamentals for S
Current profitability levels for the company are sitting at:
- -0.61 for the present operating margin
- 0.71 for the gross margin
The net margin for SentinelOne Inc stands at -0.55. The total capital return value is set at -0.22. Equity return is now at value -20.84, with -14.79 for asset returns.
Based on SentinelOne Inc (S), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -2.98. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -309.24.
Currently, EBITDA for the company is -332.8 million with net debt to EBITDA at 0.96. When we switch over and look at the enterprise to sales, we see a ratio of 10.03. The receivables turnover for the company is 2.9for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.11.
Conclusion
In summary, SentinelOne Inc (S) has had a mixed performance as of late. Analysts have bearish opinions on the stock, with some viewing it as a “sell” and others 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.
