Throughout the last three months, 4 analysts have evaluated Gen Digital GEN, offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 2 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 1 | 1 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $25.75, along with a high estimate of $30.00 and a low estimate of $22.00. This current average has increased by 7.29% from the previous average price target of $24.00.
Breaking Down Analyst Ratings: A Detailed Examination
The analysis of recent analyst actions sheds light on the perception of Gen Digital by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Hamza Fodderwala | Morgan Stanley | Raises | Overweight | $30.00 | $28.00 |
| Hamza Fodderwala | Morgan Stanley | Raises | Overweight | $26.00 | $23.00 |
| Jonathan Eisenson | B of A Securities | Announces | Buy | $25.00 | - |
| Matthew Hedberg | RBC Capital | Raises | Sector Perform | $22.00 | $21.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Gen Digital. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Gen Digital compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Gen Digital's stock. This analysis reveals shifts in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Gen Digital's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Gen Digital analyst ratings.
About Gen Digital
Gen is a cybersecurity pure-play that offers security, identity protection, and privacy solutions to individual consumers. The firm's cyber safety offerings, via brands such as Norton, Avast, and LifeLock, have long maintained their positions as some of the most recognizable consumer-focused security and identity-protection products.
Financial Milestones: Gen Digital's Journey
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Gen Digital's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 26.74% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 15.72%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Gen Digital's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 6.27%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Gen Digital's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.93%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 3.96, Gen Digital faces challenges in effectively managing its debt levels, indicating potential financial strain.
What Are Analyst Ratings?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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