Gen Digital Inc. (GEN)
- Previous Close
20.38 - Open
20.41 - Bid 20.46 x 500
- Ask 20.51 x 1000
- Day's Range
20.41 - 20.68 - 52 Week Range
15.45 - 24.37 - Volume
2,633,699 - Avg. Volume
4,407,143 - Market Cap (intraday)
13.057B - Beta (5Y Monthly) 1.09
- PE Ratio (TTM)
9.28 - EPS (TTM)
2.21 - Earnings Date May 9, 2024
- Forward Dividend & Yield 0.50 (2.44%)
- Ex-Dividend Date Feb 15, 2024
- 1y Target Est
26.82
Gen Digital Inc. provides cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers security and performance products comprising that provide real-time protection for PCs, Macs and mobile devices against malware, viruses, adware, and other online threats; and Norton and LifeLock identity theft protection solution that offers monitoring, alerts, and restoration services to its customers. The company also provides Dark Web Monitoring product, which looks for personal information of its members on the Dark Web; Avast Secure Identity that provides advanced identity protection including credit monitoring and alerts; LifeLock Home Title Protect that detects fraud and notifies members; and Norton Social Media Monitoring that help keep customers' social media accounts safer by monitoring them for account takeovers, risky activity, and inappropriate content. In addition, it offers VPN solution, which enhances security and online privacy by providing an encrypted data tunnel;Norton Privacy Monitor Assistant, an on-demand, white glove service where agents help members delete personal information from data brokers online; Avira Security, a consumer-focused portfolio of cybersecurity and privacy solutions; AntiTrack product, which helps to keep personal information and browsing activity private by blocking trackers and disguising digital fingerprints online; and Online Reputation Management solution that manages online search results, personal branding, and digital privacy. It markets and sells its products and related services through retailers, telecom service providers, hardware original equipment manufacturers, and employee benefit providers, as well as e-commerce platform. The company was formerly known as NortonLifeLock Inc. and changed its name to Gen Digital Inc. in November 2022. Gen Digital Inc. was founded in 1982 and is based in Tempe, Arizona.
www.gendigital.com3,700
Full Time Employees
March 31
Fiscal Year Ends
Sector
Industry
Recent News: GEN
Performance Overview: GEN
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: GEN
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Statistics: GEN
Valuation Measures
Market Cap
13.06B
Enterprise Value
21.87B
Trailing P/E
9.28
Forward P/E
8.95
PEG Ratio (5yr expected)
4.97
Price/Sales (ttm)
3.48
Price/Book (mrq)
5.40
Enterprise Value/Revenue
5.77
Enterprise Value/EBITDA
13.80
Financial Highlights
Profitability and Income Statement
Profit Margin
36.84%
Return on Assets (ttm)
6.24%
Return on Equity (ttm)
74.95%
Revenue (ttm)
3.79B
Net Income Avi to Common (ttm)
1.4B
Diluted EPS (ttm)
2.21
Balance Sheet and Cash Flow
Total Cash (mrq)
490M
Total Debt/Equity (mrq)
384.61%
Levered Free Cash Flow (ttm)
285M
Research Analysis: GEN
Analyst Price Targets
Fair Value
Analyst Recommendations
Earnings
Research Reports: GEN
The Argus Mid-Cap Model Portfolio
Small- and mid-cap stocks (SMID) have underperformed large-caps over the past 12 months, but may be in a better position to generate market-beating returns going forward. SMID companies tend to focus on domestic markets, so their businesses could be less disrupted by the fallout from global events. As well, the prices of SMID stocks generally are lower than the prices of large-caps. As well, there are long stretches in the record books when SMID stocks have outperformed large-caps. That said, SMID stocks can be risky. The standard deviation for monthly returns was 5.7% for SMID stocks over a 2003-2021 test period, versus 4.3% for large-caps. Still, despite the risks, diversified investors look to have exposure to small- and mid-caps based on the long-term performance record.
Weekly Stock List
Management's ability to "raise guidance" can often be a catalyst for market-beating returns in the quarters ahead. The fourth-quarter earnings season has crossed the 95% mark and is wrapping up, with blended earnings (actual results and the consensus for those still to report) showing a year-over-year gain of almost 10%, according to Refinitiv. That is considerably better than the 4%-7% advance expected at the start of the earnings period. Leading the outperformance were strong gains in Communication Services earnings, up 53%. On the flipside, Energy (like last quarter) is performing the worst, down 22%. Our analysts are always on the lookout for companies that boost their outlooks during earnings season. Here is an initial list of BUY-rated companies in Argus' Fundamental Universe of Coverage at which management raised guidance or increased its outlook during the 4Q23 EPS reporting season.
Analyst Report: Gen Digital Inc
Gen Digital is a pure-play provider of consumer cyber safety and security products. The company has made a series of transformational moves with the sale of its Veritas information backup and storage business to the Carlyle Group for $5.3 billion in January 2016, the $4.65 billion acquisition of Blue Coat in August 2016, the sale of its Enterprise Security business to Broadcom for $10.7 billion in November 2019, and its purchase of Avast for $8.69 billion and name change from NortonLifeLock in September 2022. The company's Norton cyber anti-malware brand is one of the most recognizable names in the software industry. Gen Digital derives 40% of its revenue from outside the U.S.
RatingBullishPrice TargetMarket Digest: GPC, HD, HLF, GEN, MDLZ, SHOP
Stocks were higher on Thursday, with investors apparently moving beyond the panic that set in - for one day - earlier in the week after a hot CPI report. The Dow Jones Industrial Average was up 0.91%, the Nasdaq 0.30% and the S&P 500 0.58% (and at a record closing high). Early in Thursday's session, worries kicked in after the U.S. Commerce Department reported that retail sales dropped 0.8% last month, the biggest decrease since last February. But that bad news also was quickly discounted as recent winter storms were cited as one-time events that likely negatively impacted the data.