Gen Digital Inc (GEN) concluded trading on Thursday at a closing price of $20.38, with 2.51 million shares of worth about $51.08 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 15.14% during that period and on April 18, 2024 the price saw a gain of about 0.05%. Currently the company’s common shares owned by public are about 640.00M shares, out of which, 579.16M shares are available for trading.
Stock saw a price change of -2.91% in past 5 days and over the past one month there was a price change of -4.81%. Year-to-date (YTD), GEN shares are showing a performance of -10.69% which increased to 14.05% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.45 but also hit the highest price of $24.37 during that period. The average intraday trading volume for Gen Digital Inc shares is 4.40 million. The stock is currently trading -6.34% below its 20-day simple moving average (SMA20), while that difference is down -5.73% for SMA50 and it goes to -0.85% lower than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Gen Digital Inc (NASDAQ: GEN) currently have 640.00M outstanding shares and institutions hold larger chunk of about 82.91% of that.
The stock has a current market capitalization of $12.98B and its 3Y-monthly beta is at 0.83. PE ratio of stock for trailing 12 months is 9.39, while it has posted earnings per share of $2.17 in the same period. Its PEG reads 0.80 and has Quick Ratio of 0.67 while making debt-to-equity ratio of 3.85. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GEN, volatility over the week remained 2.05% while standing at 2.05% over the month.
Analysts are in expectations that Gen Digital Inc (GEN) stock would likely to be making an EPS of $Geron Corporation in the current quarter, while forecast for next quarter EPS is $3.73 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Agenus Inc. which is $General Motors Company at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $GE Vernova Inc. in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 7.77% while it is estimated to increase by 13.06% in next year. EPS is likely to grow at an annualized rate of 11.70% for next 5-years, compared to annual growth of 4.88% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on April 11, 2024 offering an Equal weight rating for the stock and assigned a target price range of between $28 and $25 to it. Coverage by Morgan Stanley stated Gen Digital Inc (GEN) stock as an Overweight in their note to investors on November 21, 2023, suggesting a price target of $26 for the stock. On November 16, 2023, BofA Securities Initiated their recommendations, while on May 19, 2023, Evercore ISI Initiated their ratings for the stock with a price target of $27.
