Gen Digital Inc (NASDAQ: GEN) is -8.28% lower on its value in year-to-date trading and has touched a low of $15.45 and a high of $24.37 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GEN stock was last observed hovering at around $20.99 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $20.93, the stock is -4.50% and -3.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.68 million and changing -0.29% at the moment leaves the stock 2.04% off its SMA200. GEN registered 18.85% gain for a year compared to 6-month gain of 18.05%.
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The stock witnessed a -5.34% loss in the last 1 month and extending the period to 3 months gives it a -9.12%, and is -5.51% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.46% over the week and 2.13% over the month.
Gen Digital Inc (GEN) has around 3700 employees, a market worth around $13.33B and $3.79B in sales. Current P/E ratio is 9.65 and Fwd P/E is 9.46. Profit margin for the company is 36.84%. Distance from 52-week low is 35.47% and -14.12% from its 52-week high. The company has generated returns on investments over the last 12 months (12.12%).
The EPS is expected to grow by 7.77% this year.
Gen Digital Inc (GEN) Top Institutional Holders
The shares outstanding are 640.00M, and float is at 579.16M with Short Float at 2.84%.
Gen Digital Inc (GEN) Insider Activity
The most recent transaction is an insider sale by DERSE NATALIE MARIE,the company’sCFO. SEC filings show that DERSE NATALIE MARIE sold 1,221 shares of the company’s common stock on Feb 16 ’24 at a price of $21.32 per share for a total of $26032.0. Following the sale, the insider now owns 0.36 million shares.
Gen Digital Inc disclosed in a document filed with the SEC on May 17 ’23 that Vlcek Ondrej (President) bought a total of 300,000 shares of the company’s common stock. The trade occurred on May 17 ’23 and was made at $15.79 per share for $4.74 million. Following the transaction, the insider now directly holds 4.16 million shares of the GEN stock.
