Back to top

Image: Bigstock

SentinelOne (S) Ascends While Market Falls: Some Facts to Note

Read MoreHide Full Article

In the latest trading session, SentinelOne (S - Free Report) closed at $16.05, marking a +0.44% move from the previous day. This move outpaced the S&P 500's daily loss of 0.17%. Elsewhere, the Dow lost 0.58%, while the tech-heavy Nasdaq added 0.27%.

Coming into today, shares of the cybersecurity provider had gained 1.14% in the past month. In that same time, the Computer and Technology sector lost 2.16%, while the S&P 500 lost 3.95%.

The upcoming earnings release of SentinelOne will be of great interest to investors. It is anticipated that the company will report an EPS of -$0.08, marking a 50% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $156.15 million, showing a 35.4% escalation compared to the year-ago quarter.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.39 per share and revenue of $605.14 million. These totals would mark changes of +44.29% and +43.34%, respectively, from last year.

Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for SentinelOne. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.95% higher within the past month. As of now, SentinelOne holds a Zacks Rank of #2 (Buy).

The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 31, putting it in the top 13% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


SentinelOne, Inc. (S) - free report >>

Published in