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Tuesday, March 21, 2023

There’s No Need To Panic Or Freeze When It Comes To Gen Digital Inc. (NASDAQ: GEN)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Gen Digital Inc. (GEN) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.36, or 1.87%, to $19.66. The Gen Digital Inc. has recorded 118,298 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Norton Consumer Cyber Safety Pulse Report: Scammers Up Their Game With New AI Tools.

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Stocks Info

The company is listed on the NASDAQ and operates within the Software – Infrastructure industry segment. At the end of the last regular session, the stock closed at $19.30 and fluctuated between $19.42 as its day high and $19.02 as its day low. The current market capitalization of Gen Digital Inc. is $12.59B. A total of 4.05 million shares were traded on the day, compared to an average of 3.22M shares.

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, GEN has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 289,660 shares. Over the last 12 months, there were 34 BUYs and 8 SELLs from insiders. Insiders purchased 3,528,262 shares during that period but sold 434,293.

In the most recent transaction, DERSE NATALIE MARIE sold 1,033 shares of GEN for 21.10 per share on Feb 16. After the transaction, the CFO now owns 235,863 company shares.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Gen Digital Inc. pays an annual dividend of $0.50, resulting in a dividend yield of 2.59%, and it has a price to earnings (P/E) ratio of 21.35.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for GEN in the last 3 months, the mean price target is $26.25 with high estimates of $29.00 and low estimates of $25.00. In terms of 52-week highs and lows, GEN has a high of $30.30 and a low of $19.14.

As of this writing, GEN has an earnings estimate of $0.44 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.45 per share and a lower estimate of $0.41. The company reported an EPS of $0.45 in the last quarter, which was 2.30% higher than expectations of $0.44.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 7 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GEN is Overweight with a score of 3.00. A total of 1 analysts rated the stock as Buy while 1 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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