SentinelOne Inc (NYSE: S)’s stock price has decreased by -2.72 compared to its previous closing price of 20.61. However, the company has seen a -7.69% decrease in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-19 that When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock’s price, but are they really important?
Is It Worth Investing in SentinelOne Inc (NYSE: S) Right Now?
The 36-month beta value for S is at 0.71. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 18 as “hold,” and 6 as “sell.”
The public float for S is 247.47M, and currently, shorts hold a 3.25% of that float. The average trading volume for S on April 22, 2024 was 5.79M shares.
S’s Market Performance
The stock of SentinelOne Inc (S) has seen a -7.69% decrease in the past week, with a -13.99% drop in the past month, and a -19.28% fall in the past quarter. The volatility ratio for the week is 3.67%, and the volatility levels for the past 30 days are at 3.28% for S. The simple moving average for the past 20 days is -9.62% for S’s stock, with a -2.21% simple moving average for the past 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 -20.41% 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 -34.82% of loss for the given period.
Volatility was left at 3.28%, however, over the last 30 days, the volatility rate increased by 3.67%, as shares sank -14.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.00% lower at present.
During the last 5 trading sessions, S fell by -7.69%, which changed the moving average for the period of 200-days by +33.40% in comparison to the 20-day moving average, which settled at $22.02. In addition, SentinelOne Inc saw -26.93% 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 Weingarten Tomer, who sale 47,365 shares at the price of $22.28 back on Apr 11 ’24. After this action, Weingarten Tomer now owns 1,285,122 shares of SentinelOne Inc, valued at $1,055,425 using the latest closing price.
Weingarten Tomer, the President, CEO of SentinelOne Inc, sale 47,365 shares at $22.10 during a trade that took place back on Apr 10 ’24, which means that Weingarten Tomer is holding 1,285,122 shares at $1,046,634 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 9.53. 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 conclusion, SentinelOne Inc (S) has had a bad performance lately. Opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others 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.
