Gen Digital Inc. (GEN) has been oscillating between outperforming and underperforming competitors in the past trading days. The stock has been rated a
Strong-Buy at Argus and has seen its share target raised on optimism over the Avast integration. The company has returned earnings of 7.6% and 20% CAGR in the last three years and the past year respectively. The firm's shareholders are set to earn dividends, however, the stock has seen an underperformance over the past few days. The
Chief Financial Officer Natalie Derse made an insider sale, selling a considerable amount of shares. The company topped Q4
earnings and revenue estimates, although the stock value fell due to a slashed outlook by Norton's owner and lower-than-expected guidance for the future. Despite an earnings miss, the firm's stock has shown rising relative strength. Q4 key metrics and international revenue trends promise potential, but Barclays has downgraded the stock citing limited ARPU growth potential. The company is set to report Q3 earnings amidst mixed signals from insider trades and potential undervaluation. Despite the substantial sale of company stock by director Feld, the fiscal year 2024 earnings align with analysts' projections.
Gen Digital Stocks GEN News Analytics from Mon, 07 Nov 2022 08:00:00 GMT to Sat, 01 Jun 2024 18:33:27 GMT -
Rating 5
- Innovation 2
- Information 8
- Rumor -4
