Gen Digital Inc (NASDAQ: GEN): Reassessing Prospects

Gen Digital Inc (GEN) concluded trading on Thursday at a closing price of $26.33, with 4.84 million shares of worth about $127.54 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.66% during that period and on March 13, 2025 the price saw a loss of about -1.39%. 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 -3.66% in past 5 days and over the past one month there was a price change of -5.46%. Year-to-date (YTD), GEN shares are showing a performance of -3.83% which increased to 20.34% 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 3.53 million. The stock is currently trading -3.90% below its 20-day simple moving average (SMA20), while that difference is down -3.93% for SMA50 and it goes to -2.25% lower than SMA200.

Gen Digital Inc (NASDAQ: GEN) currently have 616.00M outstanding shares and institutions hold larger chunk of about 84.15% of that.

The stock has a current market capitalization of $16.23B and its 3Y-monthly beta is at 1.00. PE ratio of stock for trailing 12 months is 25.99, while it has posted earnings per share of $1.01 in the same period. Its PEG reads 2.35 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 3.47% while standing at 2.51% 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.

Most Popular

Related Posts