SentinelOne (S) Projected to Post Earnings on Wednesday

SentinelOne (NYSE:S) is expected to issue its quarterly earnings data after the market closes on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $222.33 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

SentinelOne (NYSE:S) last posted its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). The business had revenue of $210.60 million during the quarter, compared to analysts’ expectations of $209.73 million. SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The firm’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.21) earnings per share. On average, analysts expect SentinelOne to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

SentinelOne Stock Performance

NYSE:S opened at $19.85 on Wednesday. SentinelOne has a 1 year low of $14.33 and a 1 year high of $29.29. The stock has a fifty day moving average price of $22.87 and a two-hundred day moving average price of $24.30. The stock has a market capitalization of $6.38 billion, a price-to-earnings ratio of -21.11 and a beta of 0.75.

Insider Buying and Selling

In related news, CEO Tomer Weingarten sold 60,864 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $23.74, for a total value of $1,444,911.36. Following the transaction, the chief executive officer now owns 959,682 shares in the company, valued at approximately $22,782,850.68. This trade represents a 5.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Ric Smith sold 14,584 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $20.96, for a total transaction of $305,680.64. Following the sale, the insider now owns 529,118 shares of the company’s stock, valued at approximately $11,090,313.28. This represents a 2.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 371,925 shares of company stock valued at $8,729,445. Insiders own 5.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on S. Deutsche Bank Aktiengesellschaft upgraded shares of SentinelOne from a “hold” rating to a “buy” rating and lifted their price target for the company from $25.00 to $32.00 in a research report on Tuesday, November 12th. UBS Group cut SentinelOne from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $30.00 to $25.00 in a report on Wednesday, January 15th. Cantor Fitzgerald assumed coverage on SentinelOne in a report on Thursday, January 9th. They issued an “overweight” rating and a $30.00 target price on the stock. Susquehanna lifted their price target on SentinelOne from $28.00 to $30.00 and gave the stock a “positive” rating in a research note on Thursday, December 5th. Finally, Sanford C. Bernstein lowered their price objective on shares of SentinelOne from $32.00 to $30.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Seven equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $29.48.

SentinelOne Company Profile

SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.