Samsara Inc (IOT) concluded trading on Thursday at a closing price of $50.61, with 5.01 million shares of worth about $253.63 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 56.20% during that period and on October 10, 2024 the price saw a gain of about 5.59%. Currently the company’s common shares owned by public are about 556.36M shares, out of which, 205.39M shares are available for trading.
Stock saw a price change of 10.67% in past 5 days and over the past one month there was a price change of 9.95%. Year-to-date (YTD), IOT shares are showing a performance of 51.62% which increased to 102.12% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $21.48 but also hit the highest price of $50.07 during that period. The average intraday trading volume for Samsara Inc shares is 3.38 million. The stock is currently trading 5.60% above its 20-day simple moving average (SMA20), while that difference is up 16.64% for SMA50 and it goes to 37.58% higher than SMA200.
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Samsara Inc (NYSE: IOT) currently have 556.36M outstanding shares and institutions hold larger chunk of about 31.76% of that.
The stock has a current market capitalization of $28.16B and its 3Y-monthly beta is at 1.52. It has posted earnings per share of -$0.49 in the same period. It has Quick Ratio of 1.37 while making debt-to-equity ratio of 0.09. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IOT, volatility over the week remained 3.71% while standing at 3.47% over the month.
Stock’s fiscal year EPS is expected to rise by 149.52% while it is estimated to increase by 50.76% in next year.
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 Exane BNP Paribas on October 08, 2024 offering a Neutral rating for the stock and assigned a target price of $46 to it. Coverage by BMO Capital Markets stated Samsara Inc (IOT) stock as a Market perform in their note to investors on September 06, 2024, suggesting a price target of $44 for the stock. On June 20, 2024, BofA Securities Initiated their recommendations, while on April 18, 2024, Loop Capital Initiated their ratings for the stock with a price target of $42. Stock get an Outperform rating from FBN Securities on October 25, 2023.
