Zacks: Analysts Expect SentinelOne, Inc. (NYSE:S) to Post -$0.24 Earnings Per Share

Wall Street brokerages expect that SentinelOne, Inc. (NYSE:SGet Rating) will post earnings of ($0.24) per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for SentinelOne’s earnings. The highest EPS estimate is ($0.23) and the lowest is ($0.24). The company is expected to announce its next earnings results on Monday, January 1st.

On average, analysts expect that SentinelOne will report full year earnings of ($0.75) per share for the current fiscal year, with EPS estimates ranging from ($0.81) to ($0.65). For the next year, analysts expect that the company will post earnings of ($0.42) per share, with EPS estimates ranging from ($0.59) to ($0.29). Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that cover SentinelOne.

SentinelOne (NYSE:SGet Rating) last announced its earnings results on Tuesday, March 15th. The company reported ($0.27) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.28) by $0.01. SentinelOne had a negative return on equity of 22.36% and a negative net margin of 132.37%. The firm had revenue of $65.60 million during the quarter, compared to analyst estimates of $60.69 million. During the same period last year, the firm posted ($1.00) EPS. The business’s revenue was up 119.4% compared to the same quarter last year.

Several equities research analysts recently weighed in on the company. Needham & Company LLC decreased their price objective on SentinelOne from $82.00 to $50.00 and set a “buy” rating for the company in a report on Wednesday, March 16th. Loop Capital decreased their price objective on SentinelOne from $65.00 to $45.00 and set a “buy” rating for the company in a report on Wednesday, March 16th. BTIG Research decreased their price objective on SentinelOne from $78.00 to $48.00 and set a “buy” rating for the company in a report on Wednesday, March 16th. Cowen decreased their price objective on SentinelOne from $77.00 to $65.00 and set an “outperform” rating for the company in a report on Wednesday, March 16th. Finally, DA Davidson decreased their price objective on SentinelOne from $57.00 to $42.00 in a report on Wednesday, March 16th. Two analysts have rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $47.13.

Shares of SentinelOne stock opened at $37.12 on Monday. SentinelOne has a 1 year low of $29.30 and a 1 year high of $78.53. The company’s fifty day simple moving average is $38.80.

In related news, CEO Tomer Weingarten sold 62,500 shares of the firm’s stock in a transaction dated Tuesday, February 1st. The stock was sold at an average price of $46.20, for a total transaction of $2,887,500.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Daniel S. Loeb sold 1,008,296 shares of the firm’s stock in a transaction dated Monday, April 11th. The shares were sold at an average price of $34.35, for a total value of $34,634,967.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,684,989 shares of company stock worth $60,291,229.

A number of institutional investors have recently made changes to their positions in S. Corsicana & Co. purchased a new position in shares of SentinelOne during the fourth quarter valued at approximately $25,000. Evoke Wealth LLC bought a new position in SentinelOne in the fourth quarter worth $29,000. KRS Capital Management LLC bought a new position in SentinelOne in the fourth quarter worth $35,000. AdvisorNet Financial Inc bought a new position in SentinelOne in the fourth quarter worth $38,000. Finally, Gordian Capital Singapore Pte Ltd bought a new position in SentinelOne in the fourth quarter worth $61,000. 59.88% of the stock is currently owned by institutional investors and hedge funds.

SentinelOne Company Profile (Get Rating)

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

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Earnings History and Estimates for SentinelOne (NYSE:S)

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