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SentinelOne (S) Rises Higher Than Market: Key Facts
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SentinelOne (S - Free Report) ended the recent trading session at $13.51, demonstrating a +1.35% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.44%. Meanwhile, the Dow gained 0.36%, and the Nasdaq, a tech-heavy index, added 0.54%.
The cybersecurity provider's shares have seen a decrease of 6.06% over the last month, not keeping up with the Computer and Technology sector's loss of 2.47% and the S&P 500's loss of 3.31%.
The upcoming earnings release of SentinelOne will be of great interest to investors. The company is expected to report EPS of $0.02, unchanged from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $277 million, indicating a 20.95% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $0.34 per share and a revenue of $1.2 billion, demonstrating changes of +70% and +19.94%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates 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 business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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 7.34% lower within the past month. Right now, SentinelOne possesses a Zacks Rank of #3 (Hold).
In the context of valuation, SentinelOne is at present trading with a Forward P/E ratio of 39.62. This expresses a premium compared to the average Forward P/E of 34.74 of its industry.
It is also worth noting that S currently has a PEG ratio of 0.87. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Security was holding an average PEG ratio of 2.52 at yesterday's closing price.
The Security industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 97, positioning it in the top 40% 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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SentinelOne (S) Rises Higher Than Market: Key Facts
SentinelOne (S - Free Report) ended the recent trading session at $13.51, demonstrating a +1.35% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.44%. Meanwhile, the Dow gained 0.36%, and the Nasdaq, a tech-heavy index, added 0.54%.
The cybersecurity provider's shares have seen a decrease of 6.06% over the last month, not keeping up with the Computer and Technology sector's loss of 2.47% and the S&P 500's loss of 3.31%.
The upcoming earnings release of SentinelOne will be of great interest to investors. The company is expected to report EPS of $0.02, unchanged from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $277 million, indicating a 20.95% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $0.34 per share and a revenue of $1.2 billion, demonstrating changes of +70% and +19.94%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates 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 business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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 7.34% lower within the past month. Right now, SentinelOne possesses a Zacks Rank of #3 (Hold).
In the context of valuation, SentinelOne is at present trading with a Forward P/E ratio of 39.62. This expresses a premium compared to the average Forward P/E of 34.74 of its industry.
It is also worth noting that S currently has a PEG ratio of 0.87. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Security was holding an average PEG ratio of 2.52 at yesterday's closing price.
The Security industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 97, positioning it in the top 40% 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.