SentinelOne, Inc. (NYSE:S – Get Free Report) has received an average recommendation of “Moderate Buy” from the twenty-seven ratings firms that are covering the company, MarketBeat Ratings reports. Eight research analysts have rated the stock with a hold recommendation, seventeen have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $24.94.
A number of research firms recently weighed in on S. Canaccord Genuity Group upgraded shares of SentinelOne from a “hold” rating to a “buy” rating and lowered their price target for the stock from $28.00 to $23.00 in a research report on Tuesday, June 4th. Bank of America dropped their price target on SentinelOne from $35.00 to $29.00 and set a “buy” rating for the company in a research report on Friday, May 31st. Robert W. Baird assumed coverage on SentinelOne in a research report on Monday, July 15th. They set an “outperform” rating and a $25.00 price objective on the stock. Loop Capital dropped their target price on SentinelOne from $30.00 to $25.00 and set a “buy” rating for the company in a report on Friday, May 31st. Finally, Barclays cut their target price on SentinelOne from $27.00 to $22.00 and set an “equal weight” rating for the company in a research note on Friday, May 31st.
Check Out Our Latest Stock Report on SentinelOne
Insider Transactions at SentinelOne
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC boosted its position in SentinelOne by 1,811.2% during the fourth quarter. International Assets Investment Management LLC now owns 37,785 shares of the company’s stock worth $1,037,000 after purchasing an additional 35,808 shares in the last quarter. Strs Ohio acquired a new stake in SentinelOne in the 4th quarter valued at about $814,000. Bison Wealth LLC purchased a new position in SentinelOne during the 4th quarter valued at about $228,000. Flynn Zito Capital Management LLC purchased a new position in SentinelOne during the 4th quarter valued at about $314,000. Finally, Sigma Planning Corp acquired a new position in SentinelOne during the fourth quarter worth about $236,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.
SentinelOne Price Performance
S opened at $24.01 on Friday. The firm has a fifty day moving average price of $20.93 and a 200 day moving average price of $22.50. SentinelOne has a 1 year low of $14.33 and a 1 year high of $30.76. The stock has a market cap of $7.51 billion, a P/E ratio of -23.53 and a beta of 0.66.
SentinelOne (NYSE:S – Get Free Report) last released its quarterly earnings results on Thursday, May 30th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.18). SentinelOne had a negative net margin of 44.79% and a negative return on equity of 16.48%. The company had revenue of $186.36 million during the quarter, compared to analyst estimates of $181.11 million. During the same period in the prior year, the business posted ($0.35) EPS. SentinelOne’s revenue was up 39.7% compared to the same quarter last year. Equities analysts expect that SentinelOne will post -0.73 EPS for the current year.
About SentinelOne
SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.
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