Gen Digital Inc (GEN) concluded trading on Thursday at a closing price of $31.25, with 3.29 million shares of worth about $102.82 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 22.84% during that period and on December 05, 2024 the price saw a loss of about -1.42%. Currently the company’s common shares owned by public are about 616.00M shares, out of which, 558.00M shares are available for trading.
Stock saw a price change of 1.33% in past 5 days and over the past one month there was a price change of 9.53%. Year-to-date (YTD), GEN shares are showing a performance of 36.94% which increased to 40.45% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.08 but also hit the highest price of $31.72 during that period. The average intraday trading volume for Gen Digital Inc shares is 3.21 million. The stock is currently trading 3.14% above its 20-day simple moving average (SMA20), while that difference is up 9.03% for SMA50 and it goes to 24.99% higher than SMA200.
Gen Digital Inc (NASDAQ: GEN) currently have 616.00M outstanding shares and institutions hold larger chunk of about 85.33% of that.
The stock has a current market capitalization of $19.26B and its 3Y-monthly beta is at 0.75. PE ratio of stock for trailing 12 months is 31.85, while it has posted earnings per share of $0.98 in the same period. Its PEG reads 5.49 and has Quick Ratio of 0.32 while making debt-to-equity ratio of 4.09. 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 1.49% while standing at 1.76% over the month.
Stock’s fiscal year EPS is expected to rise by 12.58% while it is estimated to increase by 11.39% in next year. EPS is likely to shrink at an annualized rate of 5.80% for next 5-years, compared to annual growth of 81.21% 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 UBS on December 04, 2024 offering a Buy rating for the stock and assigned a target price of $36 to it. Coverage by Wells Fargo stated Gen Digital Inc (GEN) stock as an Overweight in their note to investors on October 24, 2024, suggesting a price target of $35 for the stock. On June 07, 2024, Morgan Stanley Downgrade their recommendations, while on April 11, 2024, Barclays Downgrade their ratings for the stock with a price target of $25. Stock get an Overweight rating from Morgan Stanley on November 21, 2023.
