Gen Digital (NASDAQ:GEN - Get Free Report) was upgraded by Wells Fargo & Company to a "strong-buy" rating in a note issued to investors on Thursday, Zacks.com reports.
Gen Digital Price Performance
Shares of NASDAQ:GEN traded down $0.05 on Thursday, reaching $26.97. 1,825,432 shares of the company were exchanged, compared to its average volume of 4,145,864. The company has a 50-day moving average of $26.69 and a 200-day moving average of $24.77. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 3.65. The firm has a market cap of $16.60 billion, a price-to-earnings ratio of 28.61, a price-to-earnings-growth ratio of 1.27 and a beta of 0.81. Gen Digital has a 1-year low of $16.38 and a 1-year high of $28.45.
Gen Digital (NASDAQ:GEN - Get Free Report) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.49 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.49. The company had revenue of $965.00 million during the quarter, compared to the consensus estimate of $960.41 million. Gen Digital had a net margin of 15.87% and a return on equity of 52.29%. Equities analysts forecast that Gen Digital will post 2.04 earnings per share for the current fiscal year.
About Gen Digital
(
Get Free Report)
Gen Digital Inc engages in the provision of cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers security and performance products under Norton, Avast, Avira, AVG, and CCleaner brands that provide real-time protection and maintenance for PCs, Macs, and mobile devices against malware, viruses, adware, and other online threats.
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