In the last trading session, 3.06 million shares of the Samsara Inc (NYSE:IOT) were traded, and its beta was 1.67. Most recently the company’s share price was $42.61, and it changed around $0.53 or 1.26% from the last close, which brings the market valuation of the company to $23.91B. IOT currently trades at a discount to its 52-week high of $61.90, offering almost -45.27% off that amount. The share price’s 52-week low was $27.14, which indicates that the current value has risen by an impressive 36.31% since then. We note from Samsara Inc’s average daily trading volume that its 10-day average is 5.13 million shares, with the 3-month average coming to 3.84 million.
Samsara Inc stock received a consensus recommendation rating of Hold, based on a mean score of 1.81. If we narrow it down even further, the data shows that 0 out of 23 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 11 recommended IOT as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight. Samsara Inc is expected to report earnings per share of 0.06 for the current quarter.
Samsara Inc (NYSE:IOT) trade information
Instantly IOT has showed a green trend with a performance of 1.26% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 43.26 on recent trading dayincreased the stock’s daily price by 1.5%. The company’s shares are currently down -2.47% year-to-date, but still up 11.81% over the last five days. On the other hand, Samsara Inc (NYSE:IOT) is -15.84% down in the 30-day period. We can see from the shorts that 10.46 million shares have been sold at a short interest cover period of 3.09 day(s).
The consensus price target as assigned by Wall Street analysts is $51, which translates to bulls needing to increase their stock price by 16.45% from its current value. Analyst projections state that IOT is forecast to be at a low of $42 and a high of $63.
Samsara Inc (IOT) estimates and forecasts
The year-over-year growth rate is expected to be 22.68%, up from the previous year.
Consensus estimates provided by 16 financial analysts predict the company will bring in an average of 351.56M in revenue for the current quarter. 16 analysts expect Samsara Inc to make 369.36M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 280.73M and 300.2M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 25.23%. Forecasts for the next quarter put sales growth at 23.04%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 9.16%. Samsara Inc earnings are expected to increase by 28.41% in 2025, but the outlook is positive 34.08% per year for the next five years.
IOT Dividends
Samsara Inc’s next quarterly earnings report is expected to be released on 2025-Mar-05.
Samsara Inc (NYSE:IOT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 3.62% of Samsara Inc shares, and 90.82% of them are in the hands of institutional investors. The stock currently has a share float of 94.23%. Samsara Inc stock is held by 621.0 institutions, with BAILLIE GIFFORD & CO being the largest institutional investor. By 2024-06-30, it held 4.9526% of the shares, which is about 27.43 million shares worth $924.5 million.
GENERAL CATALYST GROUP MANAGEMENT, LLC, with 4.7475% or 26.3 million shares worth $886.21 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
T. Rowe Price New Horizons Fund, Inc. and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 7.07 shares worth $301.07 million, making up 2.62% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 6.33 shares worth around $269.8 million, which represents about 2.35% of the total shares outstanding.
