Alert: New Earnings Report (11/7/23)-Gen Digital Inc (NASDAQ: GEN).


Gen Digital Inc (NASDAQ: GEN) has reported E.P.S. of $0.23 for its second fiscal quarter (ending September 30) versus $0.12 for the same period a year ago — an increase of 92%. For the latest four quarters through September 30, E.P.S. were $2.22 versus $1.02 for the same period a year ago — an increase of 118%.


Recent Price Action

On 11/7/23, Gen Digital Inc (NASDAQ: GEN) stock enjoyed a very large increase of 8.5%, closing at $18.93. The stock has risen 13.7% during the last week and has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

GEN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Gen Digital has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Gen Digital has a slightly positive Power Rating of 69 and a good Appreciation Score of 74, resulting in the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.