Gen Digital Inc (NASDAQ:GEN) shares traded 0.58% higher at $27.76 on Wall Street last session.
GEN stock price is now 4.95% away from the 50-day moving average and 1.62% away from the 200-day moving average. The market capitalization of the company currently stands at $17.22B.
On December 04, 2024, UBS recently initiated its ‘Buy’ rating on the stock quoting a target price of $36, while ‘Wells Fargo’ rates the stock as ‘Overweight’
In other news, Denzel Nora, Director sold 31,646 shares of the company’s stock on May 16 ’25. The stock was sold for $910,139 at an average price of $28.76. Upon completion of the transaction, the Director now directly owns 34,860 shares in the company, valued at $0.97 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 16 ’25, Director Denzel Nora bought 31,646 shares of the business’s stock. A total of $910,251 was incurred on buying the stock at an average price of $28.76. A total of 9.47% of the company’s stock is owned by insiders.
During the past 12 months, Gen Digital Inc has had a low of $22.74 and a high of $31.72. As of last week, the company has a debt-to-equity ratio of 3.66, a current ratio of 0.51, and a quick ratio of 0.51. According to the stock market information, the enterprise value for the company is $24526577664, which is based on a 26.94 price-to-earnings ratio, a 2.15 price-to-earnings-growth ratio, and a beta of 0.99. The fifty day moving average price for GEN is $26.4502 and a two-hundred day moving average price translates $27.31835 for the stock.
The latest earnings results from Gen Digital Inc (NASDAQ: GEN) was released for 2025-03-28. The net profit margin was 16.34% and return on equity was 28.80% for GEN. The company reported revenue of $1.01 billion for the quarter, compared to $964.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.77 percent.
