Gen Digital Inc.'s stock has seen a series of ups and downs recently. Despite some underperformance, the stock outperformed competitors significantly on several occasions. Notably, the
stock soared
15% higher one day.
Insiders however have been reducing their stake, with Natalie Derse, CFO, selling
169,535 shares. Nonetheless, analysts estimate a promising performance for Gen Digital. There have been persistent changes in revenue estimates, with
earnings seeing an overall decline over the last year. Still, the stock's rising price performance is noteworthy, reaching an
83 RS rating. Investors have noted the company's healthy balance sheet. Although the firm's earnings reveal
questionable quality, and they have witnessed a short interest rise of
10%, Gen Digital is still considered a strong growth stock. Their Q4 earnings met estimates with the dividend analysis revealing further fiscal stability. Despite these factors, the role of
share buybacks and the news of a
buyback made it the
S&P 500’s top performer. The earnings matched expectations, but fell short in
revenue in fiscal 2024.
Gen Digital Stocks GEN News Analytics from Mon, 25 Jun 2018 13:18:48 GMT to Fri, 13 Sep 2024 21:15:00 GMT -
Rating 5
- Innovation 4
- Information 6
- Rumor -2
