SentinelOne Inc. (NYSE:S) finished Thursday with a subtraction of -$0.63 to close at $16.04, a downside of -3.78 percent. An average of 14,193,261 shares of common stock have been traded in the last five days. There was a gain of $1.80 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 8,053,735 shares traded, while the 50-day average volume stands at 7,481,030.
S stock has increased by 4.16% in the last month. The company shares reached their 1-month lowest point of $13.87 on 08/18/23. With the stock rallying to its 52-week high on 05/30/23, shares of the company touched a low of $12.43 and a high of $30.00 in 52 weeks. It has reached a new high 16 times so far this year and achieved 9.94% or $1.45 in price. In spite of this, the price is down -46.53% 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 14 days ago on Aug 11. In this transaction, the insider spent $23,099. President, CEO, Weingarten Tomer, disposed of 40,000 shares at a price of $15.26 on Aug 10. The insider now owns more than $610,416 worth of shares. Prior to that, Chief Financial Officer Bernhardt David J. went on to Sale 1,538 shares at $15.36 each on Aug 10. An amount of $23,626 was transacted.
Valuation Metrics
SentinelOne Inc. (S) stock’s beta is 0.30. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 9.65, the price-to-book (PB) ratio at 2.86.
Financial Health
The quick ratio of SentinelOne Inc. for the three months ended April 29 was 2.10, and the current ratio was 2.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending April 29. Its gross profit as reported stood at $278.0 million compared to revenue of $422.18 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, SentinelOne Inc.’s return on assets was -17.70%.
Earnings Surprise
In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$106.87 million in the quarter, while revenues of -$93.68 million were grew 15.94%. The analyst consensus anticipated SentinelOne Inc.’s latest quarter earnings to come in at -$0.17 per share, but it turned out to be -$0.15, a 11.80% surprise. For the quarter, EBITDA amounted to -$95.52 million. Shareholders own equity worth $292.03 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at SentinelOne Inc. (S) price momentum. RSI 9-day as of the close on 24 August was 55.59%, suggesting the stock is Neutral, with historical volatility in this time frame at 87.44%.
As of today, S’s price is $16.05 +12.64% or $1.80 from its 5-day moving average. S is currently trading +8.60% higher than its 20-day SMA and -1.96% lower than its 100-day SMA. However, the stock’s current price level is +1.58% above the SMA50 and -9.07% below the SMA200.
The stochastic %K and %D were 73.69% and 71.71%, respectively, and the average true range (ATR) was 0.88. With the 14-day stochastic at 65.36% and the average true range at 0.85, the RSI (14) stands at 54.20%. The stock has reached 0.86 on the 9-day MACD Oscillator while the 14-day reading was at 0.97.
Analyst Ratings
KeyBanc Capital Markets launched coverage on SentinelOne Inc. (NYSE: S) in its analyst report released on June 14, 2023. The firm assigned the stock a Sector weight rating. The consensus rating for SentinelOne Inc. (S) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell S, while 16 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 13 others rate it as a “buy”.
What is S’s price target for the next 12 months?
Analysts predict a range of price targets between $13.50 and $25.00, with a median target of $17.00. Taking a look at these predictions, the average price target given by analysts for SentinelOne Inc. (S) stock is $17.62.
