SentinelOne Inc (NYSE: S) Have Dipped -8.24% YTD, Predicting What Happens Next In

SentinelOne Inc (NYSE:S)’s traded shares stood at 1.1 million during the latest session, with the company’s beta value hitting 0.67. At the last check today, the stock’s price was $25.18, to imply an increase of 2.52% or $0.62 in intraday trading. The S share’s 52-week high remains $30.76, putting it -22.16% down since that peak but still an impressive 43.09% since price per share fell to its 52-week low of $14.33. The company has a valuation of $7.88B, with an average of 3.58 million shares in intraday trading volume over the past 10 days and average of 5.85 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for SentinelOne Inc (S), translating to a mean rating of 1.69. Of 28 analyst(s) looking at the stock, 0 analyst(s) give S a Sell rating. 1 of those analysts rate the stock as Overweight while 11 advise Hold as 16 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.0.

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SentinelOne Inc (NYSE:S) trade information

After registering a 2.52% upside in the latest session, SentinelOne Inc (S) has traded red over the past five days. The 5-day price performance for the stock is 8.72%, and 7.56% over 30 days. With these gigs, the year-to-date price performance is -8.24%. Short interest in SentinelOne Inc (NYSE:S) saw shorts transact 10.38 million shares and set a 1.51 days time to cover.

The extremes give us $18 and $57 for target low and target high price respectively. As such, S has been trading -126.37% off suggested target high and 28.51% from its likely low.

SentinelOne Inc (S) estimates and forecasts

Looking at statistics comparing SentinelOne Inc share performance against respective industry, we note that the company has outperformed competitors. SentinelOne Inc (S) shares are -4.44% down over the last 6 months, with its year-to-date growth rate higher than industry average at 110.71% against 11.50%. Revenue is forecast to grow 100.00% this quarter before jumping 133.30% for the next one. The rating firms project that company’s revenue will grow 30.80% compared to the previous financial year.

Revenue forecast for the current quarter as set by 29 analysts is 197.24M. Meanwhile, for the current quarter, a total of 29 analyst(s) estimate revenue growth to 209.32M.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -43.89% for the past 5-year period. While 2024 is set for a 112.26% return in earnings, projections for the next 5 years are at 40.20% annually.

S Dividends

SentinelOne Inc has its next earnings report out on 2024-May-30. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

SentinelOne Inc (NYSE:S)’s Major holders

SentinelOne Inc insiders hold 0.33% of total outstanding shares, with institutional holders owning 78.77% of the shares at 79.03% float percentage. In total, 78.77% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 28.46 million shares (or 9.1948% of shares), all amounting to roughly $599.13 million.

The next major institution holding the largest number of shares is INSIGHT HOLDINGS GROUP, LLC with 24.15 million shares, or about 7.8005% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $508.28 million.

We also have Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund as the top two Mutual Funds with the largest holdings of the SentinelOne Inc (S) shares. Going by data provided on Mar 31, 2024 , Vanguard Total Stock Market Index Fund holds roughly 7.86 shares. This is just over 2.74% of the total shares, with a market valuation of $197.18 million. Data from the same date shows that the other fund manager holds a little less at 6.34, or 2.21% of the shares, all valued at about 159.08 million.