SentinelOne (S) to Release Quarterly Earnings on Wednesday

SentinelOne (NYSE:S - Get Free Report) is projected to announce its earnings results after the market closes on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $222.33 million for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

SentinelOne (NYSE:S - Get Free Report) last posted its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($0.22). The firm had revenue of $210.60 million for the quarter, compared to analyst estimates of $209.73 million. SentinelOne had a negative return on equity of 15.80% and a negative net margin of 37.61%. The firm's quarterly revenue was up 28.3% compared to the same quarter last year. During the same period last year, the company posted ($0.21) earnings per share. On average, analysts expect SentinelOne to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

SentinelOne Stock Performance

Shares of SentinelOne stock traded up $0.20 on Wednesday, hitting $20.10. The company had a trading volume of 5,585,342 shares, compared to its average volume of 4,005,816. The stock has a market capitalization of $6.46 billion, a price-to-earnings ratio of -21.38 and a beta of 0.75. The stock has a 50 day moving average of $22.81 and a 200-day moving average of $24.27. SentinelOne has a 1 year low of $14.33 and a 1 year high of $29.29.

Insider Activity at SentinelOne

In other news, CEO Tomer Weingarten sold 60,864 shares of the business's stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $23.74, for a total transaction of $1,444,911.36. Following the completion of the transaction, the chief executive officer now directly owns 959,682 shares in the company, valued at approximately $22,782,850.68. The trade was a 5.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Ric Smith sold 14,584 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $20.96, for a total value of $305,680.64. Following the transaction, the insider now owns 529,118 shares of the company's stock, valued at approximately $11,090,313.28. This represents a 2.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 371,925 shares of company stock worth $8,729,445. 5.60% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. UBS Group downgraded SentinelOne from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $30.00 to $25.00 in a research report on Wednesday, January 15th. Needham & Company LLC reaffirmed a "buy" rating and set a $32.00 price objective on shares of SentinelOne in a research note on Thursday, December 5th. Sanford C. Bernstein cut their target price on SentinelOne from $32.00 to $30.00 and set an "outperform" rating on the stock in a research note on Thursday, December 5th. Guggenheim reaffirmed a "buy" rating and set a $31.00 price objective on shares of SentinelOne in a research report on Thursday, December 5th. Finally, Jefferies Financial Group upgraded shares of SentinelOne from a "hold" rating to a "buy" rating and lifted their target price for the company from $27.00 to $30.00 in a report on Thursday, December 19th. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, SentinelOne currently has a consensus rating of "Moderate Buy" and an average price target of $29.48.

About SentinelOne

SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.