SentinelOne Inc (NYSE:S) shares, rose in value on Friday, April 05, with the stock price up by 1.30% to the previous day’s close as strong demand from buyers drove the stock to $22.15.
Actively observing the price movement in the recent trading, the stock is buoying the session at $21.86. The value of beta (5-year monthly) is 0.71. Referring to stock’s 52-week performance, its high was $30.76, and the low was $12.43. On the whole, S has fluctuated by -17.25% over the past month.
With the market capitalization of SentinelOne Inc currently standing at about $6.28 billion, investors are eagerly awaiting this quarter’s results, scheduled for Jun 01, 2024 – Jun 05, 2024. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be -$0.05, which is expected to increase to $0.02 for fiscal year $0.02 and then to about $0.26 by fiscal year 2026. Data indicates that the EPS growth is expected to be 107.10% in 2026, while the next year’s EPS growth is forecast to be 1,200.00%.
Analysts have estimated the company’s revenue for the quarter at $181.09 million, with a low estimate of $180.7 million and a high estimate of $181.59 million. According to the average forecast, sales growth in current quarter could jump up 35.80%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2026, the company’s y-o-y revenues would reach $816.82 million, representing an increase of 31.50% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that S’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium term indicators have put the stock in the category of 50% Buy while long term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of S currently trading nearly -7.49% and -15.67% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.40, while the 7-day volatility ratio is showing 3.45% which for the 30-day chart, stands at 4.18%. Furthermore, SentinelOne Inc (S)’s beta value is 0.67, and its average true range (ATR) is 1.07.
A comparison of SentinelOne Inc (S) with its peers suggests the former has fared considerably weaker in the market. S showed an intraday change of 1.30% in today’s session so far, and over the past year, it grew by 31.27%%.
Data on historical trading for SentinelOne Inc (NYSE:S) indicates that the trading volumes over the past 10 days have averaged 4.52 million and over the past 3 months, they’ve averaged 6.19 million. According to company’s latest data on outstanding shares, there are 269.78 million shares outstanding.
Nearly 19.39% of SentinelOne Inc’s shares belong to company insiders and institutional investors own 64.55% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.54 million shares as on Mar 15, 2024, resulting in a short ratio of 1.4. According to the data, the short interest in SentinelOne Inc (S) stood at 3.53% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 10.0 million. The stock has fallen by -19.30% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the S stock heading into the next quarter.
