In yesterday’s Wall Street session, SentinelOne Inc (NYSE:S) shares traded at $22.68, up 2.07% from the previous session.
S stock price is now -14.67% away from the 50-day moving average and 13.57% away from the 200-day moving average. The market capitalization of the company currently stands at $6.77B.
With the price target enhanced from $28 to $31, Needham maintained Buy rating for SentinelOne Inc (NYSE: S). On February 14, 2024, BofA Securities Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $26.50 to quote $35, while ‘BTIG Research’ rates the stock as ‘Buy’
In other news, Bernhardt David J., Chief Financial Officer sold 11,221 shares of the company’s stock on Mar 19 ’24. The stock was sold for $255,353 at an average price of $22.76. Upon completion of the transaction, the Chief Financial Officer now directly owns 535,011 shares in the company, valued at $12.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 07 ’24, CPO & CTO Smith Ric sold 17,738 shares of the business’s stock. A total of $478,894 was realized by selling the stock at an average price of $27.00. This leaves the insider owning 694,021 shares of the company worth $15.74 million. A total of 23.44% of the company’s stock is owned by insiders.
During the past 12 months, SentinelOne Inc has had a low of $12.43 and a high of $30.76. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 2.11, and a quick ratio of 2.05. The fifty day moving average price for S is $26.54 and a two-hundred day moving average price translates $20.01 for the stock.
The latest earnings results from SentinelOne Inc (NYSE: S) was released for Jan, 2024. According to the Software – Infrastructure Company, earnings per share came in at -$0.02, beating analysts’ expectations of -$0.04 by 0.02. This compares to -$0.35 EPS in the same period last year. The net profit margin was -54.53% and return on equity was -20.84% for S. The company reported revenue of $164.16 million for the quarter, compared to $115.32 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 42.35 percent. For the current quarter, analysts expect S to generate $181.09M in revenue.
