|Bid||0.00 x 900|
|Ask||27.35 x 1400|
|Day's Range||26.73 - 27.59|
|52 Week Range||15.15 - 29.14|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 26, 2018 - Nov 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||26.89|
Pure Storage (PSTG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
MOUNTAIN VIEW, Calif., Sept. 12, 2018 /PRNewswire/ -- Pure Storage (PSTG), the all-flash storage platform that helps innovators build a better world with data, today introduced a data hub, the company's vision to modernize storage architecture for unstructured, data-intensive workloads. Built on Pure Storage FlashBladeTM, Pure's data hub is designed to be truly data centric and enable organizations to effectively utilize today's most critical currency – data. To innovate and survive in a business environment that is increasingly data-driven, organizations must design infrastructure with data in mind and have complete, real-time access to that data.
Short interest is low for PSTG with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.
The flash memory market is a flourishing part of the technology space and has been gaining traction in the recent years driven by expanding storage needs.
Pure Storage (PSTG) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.
Investors need to pay close attention to Pure Storage (PSTG) stock based on the movements in the options market lately.
While the market is swooning over hot tech names in new markets like artificial intelligence (AI), cloud computing, autonomous driving and virtual reality, one less-exciting segment of the tech space is set for major gains, according to a recent story by MarketWatch that highlighted five hardware stocks to buy in 2018.
JEFF REEVES'S STRENGTH IN NUMBERS Most tech investors are following some flashy trends right now, from the boom in cybersecurity spending to the megatrend of cloud computing to emerging intelligence technologies.
Pure Storage (PSTG) stock has returned 77% in the last 12 months, 18.9% in the last month, and 19% in the last five trading days. Pure Storage stock fell 26% in 2016 and then rose 40% in 2017. Since the start of 2018, it’s risen over 63%.
In the previous article, we learned that Pure Storage (PSTG) will achieve non-GAAP (generally accepted accounting principles) profitability in fiscal 2019. With a cash balance of $1.11 billion, debt of $437 million, and growing earnings, Pure Storage can now look at acquisitions to drive its revenue. Last week, Pure Storage announced the acquisition of StorReduce for an undisclosed amount.
Pure Storage (PSTG) expects revenue of $361 million–$369 million in the fiscal third quarter of 2019, with a non-GAAP (generally accepted accounting principles) gross margin of 64.5%–67.5% and an operating margin of 4%–8%.
Shares of Pure Storage (PSTG) have risen close to 20% this month, and the stock is now trading at $25.96. Its shares are trading 86% above its 52-week low of $13.96 and 4.4% below its 52-week high of $27.15.
This week's headlines highlight one surging growth stock, Intuit's executive shake-up, and double-digit growth from HP.
Shares of Pure Storage (PSTG) scales a 52-week high on robust adoption of its solid portfolio, upbeat financial second quarter results and first-ever buyout news.
Today, I will be analyzing Pure Storage Inc’s (NYSE:PSTG) recent ownership structure, an important but not-so-popular subject among individual investors. A company’s ownership structure is often linked to its shareRead More...
NEW YORK, NY / ACCESSWIRE / August 23, 2018 / While they both have the word storage in their names, they didn't see similar gains on Wednesday. Shares of Pure Storage were exploding yesterday and hitting ...
Pure Storage (NYSE:PSTG) finished its midpoint of the current fiscal year with a bang as the company reported its latest quarterly earnings results, which included an adjusted profit and revenue that were stronger than the Wall Street consensus estimates. The data flash storage company, which went public in 2015, said that its second quarter of fiscal 2018 yielded adjusted earnings of a penny per share. Analysts were calling for the Mountain View, Calif.-based company to amass an adjusted loss of 6 cents per share for the period, according to data compiled by Thomson Reuters.
Pure Storage Inc. shares surge to a record high Wednesday after the flash-based data storage company’s stock gained a round of target price increases from analysts following a strong quarter in a competitive sector.
Stock futures fell as Michael Cohen pleaded guilty, saying he broke the law at the behest of President Trump. Urban Outfitters stock and La-Z-Boy broke out late on earnings, while Pure Storage turned profitable.
La-Z-Boy, Urban Outfitters and Red Robin are some of the companies with shares expected to trade actively in Wednesday’s session.