Currently, there are 617.00M common shares owned by the public and among those 561.01M shares have been available to trade.
The company’s stock has a 5-day price change of -1.12% and 2.25% over the past three months. GEN shares are trading 2.89% year to date (YTD), with the 12-month market performance up to 12.68% higher. It has a 12-month low price of $22.74 and touched a high of $31.72 over the same period. GEN has an average intraday trading volume of 4.46 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.02%, 6.31%, and 2.98% respectively.
Institutional ownership of Gen Digital Inc (NASDAQ: GEN) shares accounts for 86.61% of the company’s 617.00M shares outstanding.
It has a market capitalization of $17.47B and a beta (3y monthly) value of 0.99. The stock’s trailing 12-month PE ratio is 27.34, while the earnings-per-share (ttm) stands at $1.03. The company has a PEG of 2.18 and a Quick Ratio of 0.51 with the debt-to-equity ratio at 3.66. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.10% over the week and 2.17% over the month.
Earnings per share for the fiscal year are expected to increase by 12.71%, and 12.09% over the next financial year. EPS should grow at an annualized rate of 12.52% over the next five years, compared to 2.88% over the past 5-year period.
UBS coverage for the Gen Digital Inc (GEN) stock in a research note released on December 04, 2024 offered a Buy rating with a price target of $36. Wells Fargo was of a view on October 24, 2024 that the stock is Overweight, while Morgan Stanley gave the stock Equal-Weight rating on June 07, 2024, issuing a price target of $28- $27. Barclays on their part issued Equal Weight rating on April 11, 2024.
