Pure Storage Inc (NYSE:PSTG) currently has a daily average trading volume of 3.07M but it saw 2061420 shares traded in last market. With a market cap of 17.90B USD, the company’s current market price of $54.72 came falling about -0.27 while comparing to the previous closing price of $54.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $73.67 and as low as $34.51. In the recent trading on the day, stock has struck highest price mark of $54.7 while lowest mark touched by it was $56.09.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Piper Sandler which upgraded the stock as “Overweight” in its note to investors issued on December 04, 2024, recommending a price target of between $56 and $76 for it. TD Cowen issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $70 and $80.
Over the week, PSTG’s stock price is moving -0.76% down while it is 15.01% when we observe its performance for the past one month. Year-to-date it is -10.92% down and over the past year, the stock is showing a downside performance of -9.24%.
Currently, Pure Storage Inc’s total number of outstanding shares is 327.14M with 5.40% of that held by the insiders while 87.22% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 9.30% and return on equity (ROE) at 9.76%. It has a price to earnings ratio (P/E ratio) of 147.26 while having a 24.30 of forward P/E ratio. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 13.66 while price to sale or P/S ratio amounts to 5.50. Its return on asset (ROA) is 3.44% on average.
