Gen Digital (GEN) to Release Earnings on Thursday

Gen Digital (NASDAQ:GEN) is projected to announce its earnings results after the market closes on Thursday, January 30th. Analysts expect the company to announce earnings of $0.55 per share and revenue of $984,956.93 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Gen Digital Trading Up 0.6 %

Shares of NASDAQ:GEN opened at $27.48 on Thursday. The firm has a market cap of $16.93 billion, a price-to-earnings ratio of 28.04, a PEG ratio of 1.29 and a beta of 0.82. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 3.40. Gen Digital has a 12 month low of $19.08 and a 12 month high of $31.72. The company’s fifty day simple moving average is $28.86 and its 200 day simple moving average is $27.31.

Gen Digital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 11th. Shareholders of record on Monday, November 18th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.50 annualized dividend and a yield of 1.82%. Gen Digital’s dividend payout ratio (DPR) is presently 51.02%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on GEN shares. Wells Fargo & Company upgraded Gen Digital to a “strong-buy” rating in a research note on Thursday, October 24th. UBS Group raised Gen Digital to a “strong-buy” rating in a report on Wednesday, December 4th.

Gen Digital Company Profile

Gen Digital Inc engages in the provision of cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers security and performance products under Norton, Avast, Avira, AVG, and CCleaner brands that provide real-time protection and maintenance for PCs, Macs, and mobile devices against malware, viruses, adware, and other online threats.