The stock of SentinelOne Inc. (NYSE:S) increased by $0.04 on Monday to finish at $15.16, up 0.26 percent. The last five days have seen an average of 5,551,200 shares of common stock traded. 16 times new highs were reached in the current year, with a gain of $0.57. The average number of shares traded over the last 20 days was 6,137,740, while the average volume over the last 50 days totaled 8,881,060.
S stock appreciated 4.84% since last month. On 07/17/23, the company’s shares reached a one-month low of $14.40. The stock touched a high of $30.00 on 05/30/23, after rallying from a low of $12.43 in 52 weeks. The price of S stock has risen by 3.91% or $0.57 this year, reaching a new high 16 times. Still, the stock price is down -49.47% from the 52-week high.
Insider Transactions
S stock investors should be aware that SentinelOne Inc. (S) stock had its last reported insider trading activity 4 days ago on Aug 11. On Aug 11, Chief Financial Officer Bernhardt David J. sold 1,538 shares at $15.02 each. This transaction resulted in the insider making $23,099. On Aug 10, Weingarten Tomer sold 40,000 shares at a price of US$15.26. After the transaction, the insider now owns 870,838 shares. Chief Financial Officer Bernhardt David J. had earlier sold 1,538 shares on Aug 10 for $15.36 a share. The transaction was completed for $23,626.
Valuation Metrics
Beta for the stock is 0.34. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 9.20, the price-to-book (PB) ratio of 2.70.
Financial Health
For the three months ended April 29, SentinelOne Inc.’s quick ratio was 2.10, while its current ratio was 2.10, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 66.60% percent. SentinelOne Inc.’s EBITDA margin for the year ended April 29 was -87.47%, whereas its operating margin stood at -89.60% for the same period. Based on annual data, it had gross profit of $278.0 million and revenue of $422.18 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. S’s return on assets (ROA) during the last 12 months has been -17.70%. There was a -24.00% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -23.60%.
Earnings Surprise
According to SentinelOne Inc.’s quarterly financial report for the quarter that ended April 29, it had $568.13 million in cash and short-term investments. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $133.39 million, while revenues rose by 41.33% to $126.1 million. It was predicted that SentinelOne Inc.’s quarterly earnings would be -$0.15, but it ended up being -$0.17, beating the consensus by 11.80%. EBITDA was -$95.52 million for the quarter. At the end of SentinelOne Inc.’s most recent quarter ended April 29, its liabilities totaled 595.61 million, while its total debt was $26.48 million. Equity owned by shareholders amounts to $292.03 million.
Technical Picture
Here’s a quick look at SentinelOne Inc.’s (S) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 46.93%, suggesting the stock is Neutral, with a 38.32% historical volatility rate.
The stochastic %K and %D were 23.32% and 22.79% respectively, while the average true range (ATR) was 0.73. Based on the 14-day stochastic reading of 25.35%, the RSI (14) reading is 48.03%. On the 9-day MACD Oscillator, the stock is at -0.30, and the 14-day reading is at -0.47.
Analyst Ratings
In its analyst report released on June 14, 2023, KeyBanc Capital Markets began covering SentinelOne Inc. (NYSE: S). The stock was rated as a Sector weight by the brokerage firm. Analysts have assigned SentinelOne Inc. (S) an Overweight rating. S is a stock that is recommended for selling by 0 brokerage firms, while 16 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 1 rate it overweight and 13 others recommend it as a buy.
What is S’s price target for the next 12 months?
The current consensus forecast for the stock is between $12.00 and $25.00, with a median target price of $16.50. In analyzing these forecasts, the average price target given by analysts for SentinelOne Inc. (S) is $17.21.
