Buy, Sell Or Hold SentinelOne Inc (NYSE:S) At $22.78?

In last trading session, SentinelOne Inc (NYSE:S) saw 4.28 million shares changing hands with its beta currently measuring 0.67. Company’s recent per share price level of $22.78 trading at -$0.59 or -2.52% at ring of the bell on the day assigns it a market valuation of $6.80B. That closing price of S’s stock is at a discount of -35.03% from its 52-week high price of $30.76 and is indicating a premium of 45.43% from its 52-week low price of $12.43. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 10.77 million shares which gives us an average trading volume of 6.37 million if we extend that period to 3-months.

SentinelOne Inc (NYSE:S) trade information

Upright in the red during last session for losing -2.52%, in the last five days S remained trading in the green while hitting it’s week-highest on Thursday, 03/21/24 when the stock touched $22.78 price level, adding 5.04% to its value on the day. SentinelOne Inc’s shares saw a change of -16.98% in year-to-date performance and have moved 3.12% in past 5-day. SentinelOne Inc (NYSE:S) showed a performance of -13.55% in past 30-days. Number of shares sold short was 9.95 million shares which calculate 1.85 days to cover the short interests.

SentinelOne Inc (S) estimates and forecasts

Statistics highlight that SentinelOne Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 43.18% of value to its shares in past 6 months, showing an annual growth rate of 107.14% while that of industry is 5.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 66.70% in the current quarter and calculating 87.50% increase in the next quarter. This year revenue growth is estimated to rise 31.60% from the last financial year’s standing.

27 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $181.09 million for the same. And 27 analysts are in estimates of company making revenue of $197.76 million in the next quarter that will end on Jul 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -43.89% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 108.70% while estimates for its earnings growth in next 5 years are of 40.20%.

S Dividends

SentinelOne Inc is more likely to be releasing its next quarterly report between June 01 and June 05 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

SentinelOne Inc (NYSE:S)’s Major holders

Insiders are in possession of 0.68% of company’s total shares while institution are holding 82.02 percent of that, with stock having share float percentage of 82.58%. Investors also watch the number of corporate investors in a company very closely, which is 82.02% institutions for SentinelOne Inc that are currently holding shares of the company. Insight Holdings Group, LLC is the top institutional holder at S for having 34.65 million shares of worth $789.24 million. And as of Dec 30, 2023, it was holding 13.93% of the company’s outstanding shares.

The second largest institutional holder is Vanguard Group Inc, which was holding about 23.46 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 9.43% of outstanding shares, having a total worth of $534.52 million.

On the other hand, First Trust NASDAQ Cybersecurity ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 30, 2023, the former fund manager was holding 8.57 million shares of worth $195.15 million or 3.44% of the total outstanding shares. The later fund manager was in possession of 7.28 million shares on Dec 30, 2023, making its stake of worth around $165.81 million in the company or a holder of 2.93% of company’s stock.