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NASDAQ:GEN

Gen Digital (GEN) Stock Price, News & Analysis

$26.86
-0.14 (-0.52%)
(As of 02:57 PM ET)

About Gen Digital Stock (NASDAQ:GEN)

Key Stats

Today's Range
$26.75
$26.98
50-Day Range
$24.26
$27.47
52-Week Range
$16.38
$27.53
Volume
1.19 million shs
Average Volume
4.27 million shs
Market Capitalization
$16.53 billion
P/E Ratio
28.27
Dividend Yield
1.86%
Price Target
N/A
Consensus Rating
Strong Buy

Company Overview

Gen Digital Inc. provides cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers security and performance products comprising that provide real-time protection for PCs, Macs and mobile devices against malware, viruses, adware, and other online threats; and Norton and LifeLock identity theft protection solution that offers monitoring, alerts, and restoration services to its customers. The company also provides Dark Web Monitoring product, which looks for personal information of its members on the Dark Web; Avast Secure Identity that provides advanced identity protection including credit monitoring and alerts; LifeLock Home Title Protect that detects fraud and notifies members; and Norton Social Media Monitoring that help keep customers' social media accounts safer by monitoring them for account takeovers, risky activity, and inappropriate content. In addition, it offers VPN solution, which enhances security and online privacy by providing an encrypted data tunnel;Norton Privacy Monitor Assistant, an on-demand, white glove service where agents help members delete personal information from data brokers online; Avira Security, a consumer-focused portfolio of cybersecurity and privacy solutions; AntiTrack product, which helps to keep personal information and browsing activity private by blocking trackers and disguising digital fingerprints online; and Online Reputation Management solution that manages online search results, personal branding, and digital privacy. It markets and sells its products and related services through retailers, telecom service providers, hardware original equipment manufacturers, and employee benefit providers, as well as e-commerce platform. The company was formerly known as NortonLifeLock Inc. and changed its name to Gen Digital Inc. in November 2022. Gen Digital Inc. was founded in 1982 and is based in Tempe, Arizona.

Gen Digital Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
58th Percentile Overall Score

GEN MarketRank™: 

Gen Digital scored higher than 58% of companies evaluated by MarketBeat, and ranked 174th out of 352 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Gen Digital are expected to grow by 9.31% in the coming year, from $2.04 to $2.23 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Gen Digital is 28.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.63.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Gen Digital is 28.32, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 42.49.

  • Price to Earnings Growth Ratio

    Gen Digital has a PEG Ratio of 1.28. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Gen Digital has a P/B Ratio of 7.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Gen Digital's valuation and earnings.
  • Percentage of Shares Shorted

    3.77% of the float of Gen Digital has been sold short.
  • Short Interest Ratio / Days to Cover

    Gen Digital has a short interest ratio ("days to cover") of 6.3.
  • Change versus previous month

    Short interest in Gen Digital has recently increased by 16.86%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Gen Digital pays a meaningful dividend of 1.82%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Gen Digital does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Gen Digital is 52.63%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Gen Digital will have a dividend payout ratio of 22.42% next year. This indicates that Gen Digital will be able to sustain or increase its dividend.

  • Read more about Gen Digital's dividend.
  • Percentage of Shares Shorted

    3.77% of the float of Gen Digital has been sold short.
  • Short Interest Ratio / Days to Cover

    Gen Digital has a short interest ratio ("days to cover") of 6.3.
  • Change versus previous month

    Short interest in Gen Digital has recently increased by 16.86%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Gen Digital has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Gen Digital this week, compared to 18 articles on an average week.
  • Search Interest

    Only 1 people have searched for GEN on MarketBeat in the last 30 days. This is a decrease of -91% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Gen Digital to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Gen Digital insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    11.80% of the stock of Gen Digital is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    81.38% of the stock of Gen Digital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Gen Digital's insider trading history.

GEN Stock News Headlines

Gen Digital (NASDAQ:GEN) Sets New 52-Week High at $27.53
Time to pull back the curtain for you
Today, I’m doing something I thought I’d never do… Especially since I’m not normally a “swing for the fences” type of trader. But I’ve been quietly testing a new type of trade for a while now… And the returns are too good not to share with you. Take a look… I can’t guarantee results or against losses, but if you want to discover how I’ll target the triple return before the end of the week
See More Headlines

GEN Stock Analysis - Frequently Asked Questions

Gen Digital's stock was trading at $22.82 at the beginning of the year. Since then, GEN shares have increased by 17.9% and is now trading at $26.90.
View the best growth stocks for 2024 here
.

Gen Digital Inc. (NASDAQ:GEN) issued its quarterly earnings results on Thursday, August, 1st. The company reported $0.49 earnings per share for the quarter, hitting the consensus estimate of $0.49. The business had revenue of $965 million for the quarter, compared to analyst estimates of $960.41 million. Gen Digital had a net margin of 15.87% and a trailing twelve-month return on equity of 52.29%.

Shares of GEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Last Earnings
8/01/2024
Ex-Dividend for 9/11 Dividend
8/19/2024
Dividend Payable
9/11/2024
Today
10/03/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:GEN
Employees
3,400
Year Founded
N/A

Profitability

Net Income
$616 million
Pretax Margin
13.94%

Debt

Sales & Book Value

Annual Sales
$3.81 billion
Cash Flow
$2.53 per share
Book Value
$3.45 per share

Miscellaneous

Free Float
552,261,000
Market Cap
$16.62 billion
Optionable
Optionable
Beta
0.81

This page (NASDAQ:GEN) was last updated on 10/3/2024 by MarketBeat.com Staff
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