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NASDAQ:GEN

Gen Digital (GEN) Stock Price, News & Analysis

Gen Digital logo
$29.28 -0.17 (-0.58%)
(As of 11/18/2024 ET)

About Gen Digital Stock (NASDAQ:GEN)

Key Stats

Today's Range
$29.07
$29.74
50-Day Range
$25.90
$30.53
52-Week Range
$19.08
$30.89
Volume
2.00 million shs
Average Volume
4.12 million shs
Market Capitalization
$18.04 billion
P/E Ratio
29.88
Dividend Yield
1.71%
Price Target
N/A
Consensus Rating
Strong Buy

Company Overview

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. It also provides identity protection solutions, including LifeLock Identity Theft Protection, Avast and AVG Secure Identity, Norton Identity Theft Protection, and Dark Web Monitoring for monitoring of credit reports, financial accounts, the dark web, and social media accounts to help safeguard customers' personal information. In addition, the company offers Virtual Private Network (VPN) solutions under Norton, Avast and AVG brands to enhance security and online privacy that allows customers to securely transmit and access private information, such as passwords, bank details, and credit card numbers, when using public Wi-Fi on PCs, Macs, and mobile iOS and Android devices; AntiTrack and Secure Browser products which helps to keep personal information and browsing activity anonymous while browsing online; and Privacy Monitor Assistant and BreachGuard products for removing customers' data from public data broker sites; and ReputationDefender, a white glove service that helps customers manage all aspects of their personal branding online, including search results, social media sites, and overall web presence. 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 headquartered in Tempe, Arizona.

Gen Digital Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
75th Percentile Overall Score

GEN MarketRank™: 

Gen Digital scored higher than 75% of companies evaluated by MarketBeat, and ranked 135th out of 335 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 29.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.54.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Gen Digital is 29.88, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 44.16.

  • Price to Earnings Growth Ratio

    Gen Digital has a PEG Ratio of 1.38. 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 8.61. 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

    2.62% 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 4.6.
  • Change versus previous month

    Short interest in Gen Digital has recently decreased by 14.79%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Gen Digital pays a meaningful dividend of 1.69%, 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 51.02%. 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

    2.62% 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 4.6.
  • Change versus previous month

    Short interest in Gen Digital has recently decreased by 14.79%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Gen Digital has a news sentiment score of 0.18. 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 0.65 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Gen Digital this week, compared to 17 articles on an average week.
  • Search Interest

    9 people have searched for GEN on MarketBeat in the last 30 days. This is an increase of 800% 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

    12.20% 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.
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GEN Stock News Headlines

GEN Quantitative Stock Analysis
Maximizing gen AI for digital experience and growth
📉 Warning: Market Crash Predicted - Secure Your Savings
The last time the "Buffett Indicator" flashed this red was in 2000 - right before the market crashed 50%.
See More Headlines

GEN Stock Analysis - Frequently Asked Questions

Gen Digital's stock was trading at $22.82 at the start of the year. Since then, GEN shares have increased by 28.3% and is now trading at $29.28.
View the best growth stocks for 2024 here
.

Gen Digital Inc. (NASDAQ:GEN) issued its quarterly earnings data on Thursday, November, 4th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.42 by $0.01. The firm's revenue for the quarter was up 10.5% on a year-over-year basis.
Read the conference call transcript
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Gen Digital investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Ford Motor (F), Tesla (TSLA), Intel (INTC) and JPMorgan Chase & Co. (JPM).

Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 9/11 Dividend
8/19/2024
Dividend Payable
9/11/2024
Today
11/18/2024
Ex-Dividend for 12/11 Dividend
11/18/2024
Dividend Payable
12/11/2024
Next Earnings (Estimated)
2/06/2025
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
24.27%

Debt

Sales & Book Value

Annual Sales
$3.81 billion
Cash Flow
$2.54 per share
Book Value
$3.40 per share

Miscellaneous

Free Float
541,028,000
Market Cap
$18.04 billion
Optionable
Optionable
Beta
0.80
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This page (NASDAQ:GEN) was last updated on 11/19/2024 by MarketBeat.com Staff
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