SentinelOne Inc (NYSE:S) price on current trading day, fall -1.09% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $20.85.
A look at the stock’s price movement, the level at last check in today’s session was $21.08. Turning to its 52-week performance, $29.29 and $14.33 were the 52-week high and 52-week low respectively. Overall, S moved -14.55% over the past month.
SentinelOne Inc’s market cap currently stands at around $6.70 billion, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 222.33M for the company’s revenue for the quarter, with a low and high estimate of 221.63M and 224.69M respectively. The average forecast suggests up to a 27.65% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 818.43M, representing a 31.76% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that S is a Hold. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
28 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 11 analyst(s) rate the stock as a Hold, 16 recommend S as a Buy and 1 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
S’s current price about -10.67% and -9.34% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 31.54, while 7-day volatility ratio is 4.44% and 3.72% in the 30-day chart. Further, SentinelOne Inc (S) has a beta value of 0.78, and an average true range (ATR) of 0.89. Analysts have given the company’s stock an average 52-week price target of $29, forecast between a low of $25 and high of $32. Looking at the price targets, the low is -19.9% off recent price level in today’s trading while to achieve the yearly target high, it has to move -53.48%. Nonetheless, investors will most likely welcome a -39.09% jump to $29 which is the analysts’ median price.
If we refocus on SentinelOne Inc (NYSE:S), historical trading data shows that trading volumes averaged 4.78 million over the past 3 months. The company’s latest data on shares outstanding shows there are 293.90 million shares.
The 13.41% of SentinelOne Inc’s shares are in the hands of company insiders while institutional holders own 73.01% of the company’s shares. Current price change has pushed the stock -6.08% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the S stock continues to rise going into the next quarter.
