Fundamentals for Gen Digital Inc.
Gen Digital Inc.'s current ratio being 0.466 highlights potential liquidity concerns, as the company may not have enough cash reserves and assets to cover short-term debts....
Business Operations:
Sector: TechnologyIndustry: Software - Infrastructure
Gen Digital Inc. engages in the provision of cyber safety solutions for individuals, families, and small businesses. It offers security and performance management, identity protection, and online privacy, as well as technology platform. The company offers its products under the Norton, Avast, LifeLock, MoneyLion, Avira, AVG, and CCleaner brands. The company was formerly known as NortonLifeLock Inc. and changed its name to Gen Digital Inc. in November 2022. Gen Digital Inc. was founded in 1982 and is headquartered in Tempe, Arizona.
Revenue projections:
Financial Ratios:
| currentRatio | 0.466000 |
|---|---|
| forwardPE | 6.645311 |
| debtToEquity | 307.831000 |
| earningsGrowth | 0.640000 |
| revenueGrowth | 0.063000 |
| grossMargins | 0.780070 |
| operatingMargins | 0.355540 |
| trailingEps | 1.710000 |
| forwardEps | 3.309100 |
Gen Digital Inc.'s current ratio being 0.466 highlights potential liquidity concerns, as the company may not have enough cash reserves and assets to cover short-term debts. This raises questions about how Gen Digital Inc. will meet its immediate financial obligations.
GEN's high debt-to-equity ratio indicates that the company is using more debt than equity to fund its operations. This high leverage could expose the company to greater financial risk, especially during periods of declining profitability.
GEN's positive gross and operating margins reflect its profitability and efficiency. These metrics demonstrate the company's ability to manage costs effectively while generating strong revenue, highlighting its solid financial health and operational effectiveness.
Gen Digital Inc.'s forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in Gen Digital Inc.'s earnings potential, with forecasts indicating better financial performance than in the prior year.
Price projections:
Insider Transactions:
9 Gen Digital Inc. transactions were recorded, when the market price was 28.227777904934353.GEN saw 3 buying transactions, each while market price hovered at 28.46666653951009.The insider transaction records do not exhibit a strong trend, leaving the company’s future direction unclear based on this data alone.
Recommendation changes over time:
GEN has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view GEN as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.