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SentinelOne (S) Registers a Bigger Fall Than the Market: Important Facts to Note
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SentinelOne (S - Free Report) closed at $21.58 in the latest trading session, marking a -7.68% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 1.09%. Elsewhere, the Dow saw a downswing of 0.34%, while the tech-heavy Nasdaq depreciated by 2.15%.
Heading into today, shares of the cybersecurity provider had gained 0.78% over the past month, lagging the Computer and Technology sector's gain of 1.99% and the S&P 500's gain of 2.44%.
Investors will be eagerly watching for the performance of SentinelOne in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.09, marking a 28.57% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $310.03 million, reflecting a 19.74% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.32 per share and a revenue of $1.2 billion, signifying shifts of +60% and +20.32%, respectively, from the last year.
Any recent changes to analyst estimates for SentinelOne should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Right now, SentinelOne possesses a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that SentinelOne has a Forward P/E ratio of 73.86 right now. This indicates a premium in contrast to its industry's Forward P/E of 53.1.
Investors should also note that S has a PEG ratio of 1.6 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Security industry stood at 3.17 at the close of the market yesterday.
The Security industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 165, putting it in the bottom 33% 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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SentinelOne (S) Registers a Bigger Fall Than the Market: Important Facts to Note
SentinelOne (S - Free Report) closed at $21.58 in the latest trading session, marking a -7.68% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 1.09%. Elsewhere, the Dow saw a downswing of 0.34%, while the tech-heavy Nasdaq depreciated by 2.15%.
Heading into today, shares of the cybersecurity provider had gained 0.78% over the past month, lagging the Computer and Technology sector's gain of 1.99% and the S&P 500's gain of 2.44%.
Investors will be eagerly watching for the performance of SentinelOne in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.09, marking a 28.57% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $310.03 million, reflecting a 19.74% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.32 per share and a revenue of $1.2 billion, signifying shifts of +60% and +20.32%, respectively, from the last year.
Any recent changes to analyst estimates for SentinelOne should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Right now, SentinelOne possesses a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that SentinelOne has a Forward P/E ratio of 73.86 right now. This indicates a premium in contrast to its industry's Forward P/E of 53.1.
Investors should also note that S has a PEG ratio of 1.6 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Security industry stood at 3.17 at the close of the market yesterday.
The Security industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 165, putting it in the bottom 33% 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.