As of Thursday close, SentinelOne Inc.’s (NYSE:S) stock was down -$0.47, moving down -3.20 percent to $14.24. The average number of shares traded per day over the past five days has been 5,494,080 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.75 fall in that time frame. In the last twenty days, the average volume was 6,159,070, while in the previous 50 days, it was 7,287,750.
Since last month, S stock retreated -8.19%. Shares of the company fell to $14.06 on 08/17/23, the lowest level in the past month. A 52-week high of $30.00 was reached on 05/30/23 after having rallying from a 52-week low of $12.43. Since the beginning of this year, S’s stock price has dropped by -2.40% or -$0.35, and marked a new high 16 times. However, the stock has declined by -52.53% since its 52-week high.
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S stock investors should be aware that SentinelOne Inc. (S) stock had its last reported insider trading activity 7 days ago on Aug 11. Bernhardt David J., the Chief Financial Officer of the company, disposed of 1,538 shares for $15.02 on Aug 11. It resulted in a $23,099 divestment by the insider. Weingarten Tomer sold 40,000 shares at an average price of $15.26 on Aug 10. The insider now owns 870,838 shares following the transaction. On Aug 10, Chief Financial Officer Bernhardt David J. sold 1,538 shares at $15.36 apiece. The transaction was valued at $23,626.
Valuation Metrics
The stock’s beta is 0.36. Besides these, the trailing price-to-sales (P/S) ratio of 8.64, the price-to-book (PB) ratio of 2.54.
Financial Health
In the three months ended April 29, SentinelOne Inc.’s quick ratio stood at 2.10, while its current ratio was 2.10, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 66.60% percent. In the year ended April 29, EBITDA margin amounted to -87.47%, whereas operating margins totaled -89.60%. Based on annual data, S earned $278.0 million in gross profit and brought in $422.18 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -24.00%. Return on equity (ROE) for the past 12 months was -23.60%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. S’s revenue rose 41.33% to $126.1 million during the quarter, while net income inched up to $133.39 million. While analysts expected SentinelOne Inc. to report -$0.17 quarterly earnings, the actual figure was -$0.15 per share, beating the consensus estimate by 11.80%. During the quarter, the company generated -$95.52 million in EBITDA. The liabilities of SentinelOne Inc. were 595.61 million at the end of its most recent quarter ended April 29, and its total debt was $26.48 million. The value of shareholders’ equity is $292.03 million.
Technical Picture
This quick technical analysis looks at SentinelOne Inc.’s (S) price momentum. With a historical volatility rate of 28.37%, the RSI 9-day stood at 33.97% on 17 August.
With respect to its five-day moving average, the current SentinelOne Inc. price is down by -5.00% percent or -$0.75. At present, S shares trade -2.33% below its 20-day simple moving average and -2.73% percent below its 100-day simple moving average. However, the stock is currently trading approximately +4.02% above its SMA50 and -39.20% below its SMA200.
Stochastic coefficient K was 7.56% and Stochastic coefficient D was 13.70%, while ATR was 0.67. Given the Stochastic reading of 6.06% for the 14-day period, the RSI (14) reading has been calculated as 40.16%. As of today, the MACD Oscillator reading stands at -0.38, while the 14-day reading stands at -0.85.
Analyst Ratings
KeyBanc Capital Markets launched its rating on SentinelOne Inc. (NYSE: S) to a Sector weight in a note to investors on June 14, 2023. SentinelOne Inc. (S) has been rated Overweight by analysts. According to 0 brokerage firms, S is a sell, and 16 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate SentinelOne Inc. stock as buy, with 13 recommending it as overweight.
With a median target price of $16.50, the current consensus forecast for the stock is $12.00 – $25.00. Based on these forecasts, analysts predict SentinelOne Inc. (S) will achieve an average price target of $17.21.
