SentinelOne (S) Expected to Announce Earnings on Wednesday

SentinelOne (NYSE:S) will likely be releasing its earnings data after the market closes on Wednesday, March 12th. Analysts expect SentinelOne to post earnings of $0.01 per share and revenue of $222.33 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

SentinelOne (NYSE:S) last issued its quarterly earnings results on Wednesday, December 4th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The business had revenue of $210.60 million during the quarter, compared to analysts’ expectations of $209.73 million. During the same period in the prior year, the company posted ($0.21) EPS. The company’s revenue for the quarter was up 28.3% 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 Down 1.5 %

S stock opened at $19.85 on Wednesday. SentinelOne has a 52-week low of $14.33 and a 52-week high of $29.29. The stock’s 50 day moving average is $22.87 and its two-hundred day moving average is $24.30. The company has a market capitalization of $6.38 billion, a PE ratio of -21.11 and a beta of 0.75.

Insider Activity at SentinelOne

In related news, CEO Tomer Weingarten sold 60,864 shares of the firm’s stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $22.52, for a total transaction of $1,370,657.28. Following the transaction, the chief executive officer now owns 959,682 shares in the company, valued at $21,612,038.64. This trade represents a 5.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ric Smith sold 14,584 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $20.96, for a total value of $305,680.64. Following the completion of the sale, the insider now owns 529,118 shares of the company’s stock, valued at $11,090,313.28. This trade represents a 2.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 371,925 shares of company stock worth $8,729,445 in the last three months. 5.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

S has been the subject of a number of recent analyst reports. Citigroup decreased their price target on shares of SentinelOne from $28.00 to $27.00 and set a “neutral” rating for the company in a research report on Friday, January 17th. Needham & Company LLC reissued a “buy” rating and set a $32.00 price objective on shares of SentinelOne in a report on Thursday, December 5th. Oppenheimer began coverage on shares of SentinelOne in a research note on Wednesday, January 15th. They issued an “outperform” rating and a $32.00 target price on the stock. JPMorgan Chase & Co. boosted their price objective on SentinelOne from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Friday, November 29th. Finally, Barclays reduced their target price on SentinelOne from $30.00 to $28.00 and set an “equal weight” rating on the stock in a report on Thursday, December 5th. Seven research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $29.48.

SentinelOne Company Profile

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.