SentinelOne (S) Set to Announce Earnings on Wednesday

SentinelOne (NYSE:S) is set to announce its earnings results after the market closes on Wednesday, December 4th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

SentinelOne (NYSE:S) last announced its earnings results on Tuesday, August 27th. The company reported $0.01 earnings per share for the quarter. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. The firm had revenue of $198.94 million for the quarter, compared to the consensus estimate of $197.32 million. During the same period in the prior year, the firm earned ($0.26) EPS. The firm’s revenue for the quarter was up 33.1% on a year-over-year basis. On average, analysts expect SentinelOne to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

SentinelOne Stock Up 0.2 %

Shares of S opened at $27.93 on Wednesday. SentinelOne has a fifty-two week low of $14.33 and a fifty-two week high of $30.76. The firm’s 50 day moving average price is $25.77 and its 200 day moving average price is $22.82. The company has a market cap of $8.86 billion, a P/E ratio of -29.97 and a beta of 0.65.

Insider Buying and Selling

In other news, CFO David J. Bernhardt sold 11,061 shares of the firm’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $22.80, for a total value of $252,190.80. Following the completion of the sale, the chief financial officer now owns 489,003 shares in the company, valued at approximately $11,149,268.40. This trade represents a 2.21 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ric Smith sold 14,584 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $22.99, for a total transaction of $335,286.16. Following the completion of the sale, the insider now owns 636,699 shares of the company’s stock, valued at $14,637,710.01. This trade represents a 2.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 432,125 shares of company stock worth $10,367,734 in the last 90 days. Company insiders own 5.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on S shares. Susquehanna upped their target price on shares of SentinelOne from $22.00 to $28.00 and gave the stock a “positive” rating in a research note on Thursday, September 5th. Scotiabank upped their target price on shares of SentinelOne from $18.00 to $25.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 28th. JPMorgan Chase & Co. upped their target price on shares of SentinelOne from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Friday, August 23rd. Needham & Company LLC started coverage on shares of SentinelOne in a research report on Thursday, October 17th. They issued a “buy” rating and a $32.00 price objective on the stock. Finally, Loop Capital increased their price objective on shares of SentinelOne from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, nineteen have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $28.73.

About SentinelOne

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.