A Few Bright Spots In Gen Digital Inc (NASDAQ: GEN)

Gen Digital Inc (NASDAQ:GEN) currently has a daily average trading volume of 4.43M but it saw 7071570 shares traded in last market. With a market cap of 17.12B USD, the company’s current market price of $27.60 came falling about -2.85 while comparing to the previous closing price of $28.41. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.72 and as low as $22.74.

Wells Fargo issued its recommendations for the stock as it initiated the price target for the stock is $35.

Over the week, GEN’s stock price is moving -3.50% down while it is 13.86% when we observe its performance for the past one month. Year-to-date it is 0.80% up and over the past year, the stock is showing an upside performance of 10.27%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.6 while estimate for next year EPS is 2.5. In next quarter, company is expected to be making quarterly sales of $1.17B as analysts are expecting the sales for current fiscal year at $4.73B and seeing the company making $4.95B in sales next year. Moreover, analysts are in estimates of $1.19B for current-quarter revenue.

Currently, Gen Digital Inc’s total number of outstanding shares is 617.00M with 9.49% of that held by the insiders while 101.35% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.26% and return on equity (ROE) at 28.80%. It has a price to earnings ratio (P/E ratio) of 26.79 while having a 9.84 of forward P/E ratio. Stock’s beta reads 0.99. Stock has a price to book (P/B) ratio of 7.51 while price to sale or P/S ratio amounts to 4.35. Its return on asset (ROA) is 4.11% on average.