Gen Digital (NASDAQ:GEN) continues to be a topic of interest in the investment community, boasting
returns of 66% over the past year. Despite occasional reports of underperformance, the company managed to
outperform competitors on multiple trading days. The company hit a
new 1-year high, with investors being up 4.5% in a particular week. Evaluation of Gen Digital's financial health reveals a
29% undervaluation and a
reasonable P/E ratio, even after its stock shot up by 29%. The announcement of
fiscal 2025 Q2 results is expected in October 2024. Nonetheless,
CEO Vincent Pilette sold over $4.5m in company stock, causing some concern. On the other hand, Gen Digital has been meeting or surpassing
earnings and sales estimates lately, despite a reported decline in earnings over the last year. Leaning heavily on
international sales, Gen Digital also plans to
recruit high-profile figure Dan Levy to market Norton Genie. The firm's dealings with Applied Digital holds great promise, but the impact of their new acquisition is yet to be determined.
Gen Digital Stocks GEN News Analytics from Fri, 15 Jul 2016 13:11:14 GMT to Sat, 12 Oct 2024 14:53:21 GMT -
Rating 7
- Innovation 4
- Information 6
- Rumor -3
