Is SentinelOne Inc (NYSE: S) Hit More of the Losses Given A -41.1% Dip From High?

During the recent session, SentinelOne Inc (NYSE:S)’s traded shares were 0.64 million, with the beta value of the company hitting 0.68. At the last check today, the stock’s price was $21.80, reflecting an intraday gain of 2.15% or $0.46. The 52-week high for the S share is $30.76, that puts it down -41.1 from that peak though still a striking 36.38% gain since the share price plummeted to a 52-week low of $13.87. The company’s market capitalization is $6.82B, and the average intraday trading volume over the past 10 days was 4.63 million shares, and the average trade volume was 5.77 million shares over the past three months.

SentinelOne Inc (S) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.75. S has a Sell rating from 0 analyst(s) out of 28 analysts who have looked at this stock. 11 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 16 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.0.

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SentinelOne Inc (NYSE:S) trade information

SentinelOne Inc (S) registered a 2.15% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.15% in intraday trading to $21.80, hitting a weekly high. The stock’s 5-day price performance is 3.21%, and it has moved by 7.76% in 30 days. Based on these gigs, the overall price performance for the year is 44.08%. The short interest in SentinelOne Inc (NYSE:S) is 9.66 million shares and it means that shorts have 2.03 day(s) to cover.

The consensus price target of analysts on Wall Street is $25, which implies an increase of 12.8% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18 and $57 respectively. As a result, S is trading at a discount of -161.47% off the target high and 17.43% off the low.

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 down -24.93% during the last six months, with a year-to-date growth rate more than the industry average at 110.71% against 10.80. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 100.00% this quarter and then jump 133.30% in the quarter after that. In the rating firms’ projections, revenue will increase 30.80% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 197.24M as predicted by 29 analyst(s). Meanwhile, a consensus of 29 analyst(s) estimates revenue growth to 209.32M by the end of current fiscal year.

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 112.22% in 2024, the next five years will return 40.20% per annum.

S Dividends

SentinelOne Inc is due to release its next quarterly earnings 2024-May-30. 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 0.26% of total outstanding shares while institutional holders control 73.45%, with the float percentage being 73.63%. INSIGHT HOLDINGS GROUP, LLC is the largest shareholder of the company, while 508.0 institutions own stock in it. As of 2024-03-31, the company held over 27.65 million shares (or 9.1739% of all shares), a total value of $644.43 million in shares.

The next largest institutional holding, with 25.16 million shares, is of VANGUARD GROUP INC’s that is approximately 8.5307% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $586.46 million.

Also, the Mutual Funds coming in first place with the largest holdings of SentinelOne Inc (S) shares are Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund. Data provided on Mar 31, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 7.86 shares. This amounts to just over 2.74 percent of the company’s overall shares, with a $171.0 million market value. The same data shows that the other fund manager holds slightly less at 6.34, or about 2.21% of the stock, which is worth about $137.96 million.