Gen Digital Inc (GEN) concluded trading on Wednesday at a closing price of $27.49, with 4.21 million shares of worth about $115.61 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.88% during that period and on Wednesday the price saw a loss of about -0.22%. Currently the company’s common shares owned by public are about 616.00M shares, out of which, 558.04M shares are available for trading.
Stock saw a price change of -0.04% in past 5 days and over the past one month there was a price change of 0.00%. Year-to-date (YTD), GEN shares are showing a performance of 0.40% which increased to 24.16% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.58 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 -0.10% below its 20-day simple moving average (SMA20), while that difference is down -0.61% for SMA50 and it goes to 2.69% higher than SMA200.
Gen Digital Inc (NASDAQ: GEN) currently have 616.00M outstanding shares and institutions hold larger chunk of about 84.20% of that.
The stock has a current market capitalization of $16.94B and its 3Y-monthly beta is at 0.92. PE ratio of stock for trailing 12 months is 27.13, while it has posted earnings per share of $1.01 in the same period. Its PEG reads 2.45 and has Quick Ratio of 0.35 while making debt-to-equity ratio of 3.97. 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 2.20% while standing at 2.41% over the month.
Stock’s fiscal year EPS is expected to rise by 12.99% while it is estimated to increase by 10.24% in next year. EPS is likely to shrink at an annualized rate of 11.07% 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.