Investors Should Take Note Of Gen Digital Inc (GEN)

Gen Digital Inc (GEN) concluded trading on Wednesday at a closing price of $27.73, with 4.59 million shares of worth about $127.33 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.71% during that period and on December 18, 2024 the price saw a loss of about -5.62%. Currently the company’s common shares owned by public are about 616.00M shares, out of which, 558.15M shares are available for trading.

Stock saw a price change of -7.32% in past 5 days and over the past one month there was a price change of -5.29%. Year-to-date (YTD), GEN shares are showing a performance of 21.52% which increased to 19.63% 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 3.30 million. The stock is currently trading -8.40% below its 20-day simple moving average (SMA20), while that difference is down -4.75% for SMA50 and it goes to 9.30% higher 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 616.00M outstanding shares and institutions hold larger chunk of about 85.35% of that.

The stock has a current market capitalization of $17.09B and its 3Y-monthly beta is at 0.76. PE ratio of stock for trailing 12 months is 28.26, while it has posted earnings per share of $0.98 in the same period. Its PEG reads 4.87 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 2.68% while standing at 2.18% over the month.

Stock’s fiscal year EPS is expected to rise by 12.55% while it is estimated to increase by 11.41% 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.

Most Popular

Related Posts