Gen Digital Inc. (NASDAQ:GEN) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Gen Digital Inc. (NASDAQ:GEN) have been assigned an average rating of “Moderate Buy” from the seven analysts that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $35.3333.

A number of equities analysts have recently issued reports on the company. B. Riley started coverage on Gen Digital in a research report on Monday, July 14th. They set a “buy” rating and a $46.00 price objective for the company. Wall Street Zen lowered shares of Gen Digital from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 5th. Evercore ISI initiated coverage on shares of Gen Digital in a research note on Tuesday, July 1st. They issued an “outperform” rating and a $35.00 price objective on the stock. Royal Bank Of Canada increased their price objective on shares of Gen Digital from $32.00 to $33.00 and gave the stock a “sector perform” rating in a research report on Friday, August 8th. Finally, Wells Fargo & Company boosted their target price on shares of Gen Digital from $37.00 to $40.00 and gave the company an “overweight” rating in a report on Friday, August 8th.

Institutional Investors Weigh In On Gen Digital

Hedge funds have recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. bought a new stake in shares of Gen Digital in the 2nd quarter valued at $32,000. Catalyst Capital Advisors LLC boosted its stake in Gen Digital by 117.6% during the first quarter. Catalyst Capital Advisors LLC now owns 1,580 shares of the company’s stock worth $42,000 after acquiring an additional 854 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Gen Digital in the second quarter worth $44,000. Geneos Wealth Management Inc. increased its stake in Gen Digital by 221.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock valued at $46,000 after purchasing an additional 1,183 shares in the last quarter. Finally, MUFG Securities EMEA plc bought a new stake in Gen Digital in the second quarter valued at $47,000. 81.38% of the stock is currently owned by institutional investors.

Gen Digital Price Performance

GEN stock opened at $31.50 on Wednesday. The company has a market capitalization of $19.40 billion, a P/E ratio of 32.47, a PEG ratio of 1.05 and a beta of 1.00. The company has a fifty day moving average price of $29.98 and a 200-day moving average price of $28.03. The company has a debt-to-equity ratio of 3.63, a quick ratio of 0.50 and a current ratio of 0.50. Gen Digital has a 52-week low of $22.74 and a 52-week high of $32.22.

Gen Digital (NASDAQ:GEN) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.04. The company had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Gen Digital had a net margin of 14.12% and a return on equity of 57.99%. Gen Digital’s revenue for the quarter was up 30.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.53 earnings per share. Gen Digital has set its Q2 2026 guidance at 0.600-0.620 EPS. FY 2026 guidance at 2.490-2.560 EPS. As a group, equities analysts expect that Gen Digital will post 2.05 EPS for the current year.

Gen Digital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Monday, August 18th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, August 18th. Gen Digital’s payout ratio is currently 51.55%.

About Gen Digital

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.