During the last session, SentinelOne Inc (NYSE:S)’s traded shares were 21.13 million, with the beta value of the company hitting 0.71. At the end of the trading day, the stock’s price was $22.09, reflecting an intraday loss of -5.15% or -$1.2. The 52-week high for the S share is $30.76, that puts it down -39.25 from that peak though still a striking 43.73% gain since the share price plummeted to a 52-week low of $12.43. The company’s market capitalization is $6.60B, and the average intraday trading volume over the past 10 days was 10.42 million shares, and the average trade volume was 6.17 million shares over the past three months.
SentinelOne Inc (NYSE:S) trade information
SentinelOne Inc (S) registered a -5.15% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -5.15% in intraday trading to $22.09, hitting a weekly high. The stock’s 5-day price performance is -19.53%, and it has moved by -26.37% in 30 days. Based on these gigs, the overall price performance for the year is 42.15%. The short interest in SentinelOne Inc (NYSE:S) is 9.95 million shares and it means that shorts have 1.85 day(s) to cover.
SentinelOne Inc (S) estimates and forecasts
Statistics show that SentinelOne Inc has outperformed its competitors in share price, compared to the industry in which it operates. SentinelOne Inc (S) shares have gone up 28.36% during the last six months, with a year-to-date growth rate more than the industry average at 121.43% against 7.20. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 66.70% this quarter and then jump 87.50% in the quarter after that. In the rating firms’ projections, revenue will increase 31.50% compared to the previous financial year.
Revenue for the current quarter is expected to be $181.09 million as predicted by 27 analyst(s). Meanwhile, a consensus of 27 analyst(s) estimates revenue growth to $197.76 million by the end of Jul 2024.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -43.89%. While earnings are projected to return 108.70% in 2024, the next five years will return 40.20% per annum.
S Dividends
SentinelOne Inc is due to release its next quarterly earnings on March 13. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
SentinelOne Inc (NYSE:S)’s Major holders
SentinelOne Inc insiders own 0.65% of total outstanding shares while institutional holders control 81.90%, with the float percentage being 82.43%. Insight Holdings Group, LLC is the largest shareholder of the company, while 472 institutions own stock in it. As of Jun 29, 2023, the company held over 34.65 million shares (or 14.31% of all shares), a total value of $523.16 million in shares.
The next largest institutional holding, with 22.54 million shares, is of Vanguard Group Inc’s that is approximately 9.31% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $340.35 million.
Also, the Mutual Funds coming in first place with the largest holdings of SentinelOne Inc (S) shares are First Trust NASDAQ Cybersecurity ETF and Vanguard Total Stock Market Index Fund. Data provided on Sep 29, 2023 indicates that First Trust NASDAQ Cybersecurity ETF owns about 8.8 million shares. This amounts to just over 3.64 percent of the company’s overall shares, with a $148.45 million market value. The same data shows that the other fund manager holds slightly less at 7.04 million, or about 2.91% of the stock, which is worth about $106.3 million.
