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SentinelOne (S) Declines More Than Market: Some Information for Investors
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SentinelOne (S - Free Report) ended the recent trading session at $25.15, demonstrating a -2.18% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 1.82%. Elsewhere, the Dow lost 1.09%, while the tech-heavy Nasdaq lost 2.86%.
Heading into today, shares of the cybersecurity provider had gained 4.22% over the past month, outpacing the Computer and Technology sector's loss of 6.04% and the S&P 500's gain of 0.71%.
The upcoming earnings release of SentinelOne will be of great interest to investors. In that report, analysts expect SentinelOne to post earnings of $0.09 per share. This would mark year-over-year growth of 28.57%. In the meantime, our current consensus estimate forecasts the revenue to be $310.03 million, indicating a 19.74% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.32 per share and a revenue of $1.2 billion, indicating changes of +60% and +20.32%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for SentinelOne. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 0.75% fall in the Zacks Consensus EPS estimate. SentinelOne is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, SentinelOne currently has a Forward P/E ratio of 81.36. Its industry sports an average Forward P/E of 56.49, so one might conclude that SentinelOne is trading at a premium comparatively.
It is also worth noting that S currently has a PEG ratio of 1.76. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Security industry had an average PEG ratio of 3.38.
The Security industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 65, placing it within the top 27% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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SentinelOne (S) Declines More Than Market: Some Information for Investors
SentinelOne (S - Free Report) ended the recent trading session at $25.15, demonstrating a -2.18% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 1.82%. Elsewhere, the Dow lost 1.09%, while the tech-heavy Nasdaq lost 2.86%.
Heading into today, shares of the cybersecurity provider had gained 4.22% over the past month, outpacing the Computer and Technology sector's loss of 6.04% and the S&P 500's gain of 0.71%.
The upcoming earnings release of SentinelOne will be of great interest to investors. In that report, analysts expect SentinelOne to post earnings of $0.09 per share. This would mark year-over-year growth of 28.57%. In the meantime, our current consensus estimate forecasts the revenue to be $310.03 million, indicating a 19.74% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.32 per share and a revenue of $1.2 billion, indicating changes of +60% and +20.32%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for SentinelOne. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 0.75% fall in the Zacks Consensus EPS estimate. SentinelOne is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, SentinelOne currently has a Forward P/E ratio of 81.36. Its industry sports an average Forward P/E of 56.49, so one might conclude that SentinelOne is trading at a premium comparatively.
It is also worth noting that S currently has a PEG ratio of 1.76. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Security industry had an average PEG ratio of 3.38.
The Security industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 65, placing it within the top 27% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.