The stock has a 50 day moving average price of $11.53 and a 200-day moving average price of $11.41.
A number of other equities analysts also recently issued reports on the company. Pure Storage, Inc. has far performed well this year, with the share price up 7.60% since January. JP Morgan initiated Pure Storage Inc (NYSE:PSTG) rating on Tuesday, October 18. Pure Storage has $22 highest and $12 lowest target.
04/11/2017 - Pure Storage had its " rating reiterated by analysts at William Blair.
Among 14 analysts covering Cenovus Energy Inc (NYSE:CVE), 6 have Buy rating, 2 Sell and 6 Hold. Pure Storage now has a consensus rating of "Buy" and a consensus price target of $15.29. Point72 Asia Hong Kong Ltd boosted its position in Pure Storage by 34.7% in the first quarter. Pure Storage has a 1-year low of $9.12 and a 1-year high of $15.14. (NYSE:PSTG) is. Free cash flow (FCF) is the cash produced by the company minus capital expenditure. Currently, Pure Storage Inc has an average volume of 1.69M.
Pure Storage (NYSE:PSTG) last announced its earnings results on Wednesday, May 24th. The business had revenue of $182.60 million during the quarter, compared to analyst estimates of $176.13 million. During the same period a year ago, the company posted ($0.22) EPS.
Over the last 5 years, Analysts are expecting EPS growth rates to be at 51.40% this quarter and EPS estimate for next year reflect 103.70% growth rate.
Could AK Steel Holding Corporation (NYSE:AKS) Change Direction After Less Shorts?
TRADEMARK VIOLATION NOTICE: This article was first posted by Transcript Daily and is the property of of Transcript Daily. TheStreet upgraded Timken Steel Corporation from a "d" rating to a "c-" rating in a report on Thursday, February 23rd.
05/25/2017 - Pure Storage had its "positive" rating reiterated by analysts at Susquehanna. If you are viewing this article on another website, it was stolen and republished in violation of United States & global copyright and trademark laws. (NYSE:PSTG) by 15.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Also, CFO Timothy Riitters sold 5,000 shares of the stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $13.00, for a total value of $248,118.00. The disclosure for this sale can be found here. The share price has moved forward from its 20 days moving average, trading at a distance of 4.85% and stays 13% away from its 50 days moving average. Insiders own 46.58% of the company's stock.
Investors of this company earned a return of -27.90% on the assets it owns in past twelve month.
ILLEGAL ACTIVITY WARNING: "Pure Storage, Inc". The company's shares closed yesterday at $12.66. GSA Capital Partners LLP bought a new stake in shares of Pure Storage during the fourth quarter valued at approximately $228,000.
By historical standards, Pure Storage, Inc. remains a cheap stock. Goldman Sachs Group Inc. now owns 1,738,819 shares of the technology company's stock valued at $17,093,000 after buying an additional 1,689,194 shares during the last quarter.
Highfields Capital Management Lp decreased Walgreens Boots Alliance Inc stake by 547,078 shares to 2.45 million valued at $202.90M in 2016Q4. Finally, Key Square Capital Management LLC purchased a new stake in Pure Storage during the fourth quarter valued at $19,162,000. Verso Corporation has 0 buy ratings, 0 holds and 0 sells even after the stock tumbled -70.88% from its high of $13.6 to a $136.19 million market value through last close.
In recent action, Pure Storage, Inc. The Company is focused on delivering software-defined all-flash solutions that are fast and cloud-capable for customers, enabling customers to put data to work for their businesses. The Company's data platform replaces storage systems designed for mechanical disk with all-flash systems optimized end-to-end for solid-state memory.
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