![]() ![]() Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. With its current Zacks Industry Rank of 72, this industry ranks in the top 29% of all industries, numbering over 250. The Internet - Software industry is part of the Computer and Technology sector. As of the close of trade yesterday, the Internet - Software industry held an average PEG ratio of 1.44. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Investors should also note that SPLK has a PEG ratio of 1.32 right now. This signifies a premium in comparison to the average Forward P/E of 36.76 for its industry. With respect to valuation, Splunk is currently being traded at a Forward P/E ratio of 39.1. Splunk presently features a Zacks Rank of #2 (Buy). The Zacks Consensus EPS estimate remained stagnant within the past month. ![]() The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.Įmpirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. These recent revisions tend to reflect the evolving nature of short-term business trends. Investors should also take note of any recent adjustments to analyst estimates for Splunk. In the meantime, our current consensus estimate forecasts the revenue to be $1.03 billion, indicating a 10.61% growth compared to the corresponding quarter of the prior year.įor the annual period, the Zacks Consensus Estimates anticipate earnings of $3.78 per share and a revenue of $3.94 billion, signifying shifts of +40.52% and +7.86%, respectively, from the last year. This would mark year-over-year growth of 34.94%. In that report, analysts expect Splunk to post earnings of $1.12 per share. The upcoming earnings release of Splunk will be of great interest to investors. Heading into today, shares of the maker of software that helps companies collect and analyze internal data had gained 1.39% over the past month, outpacing the Computer and Technology sector's gain of 0.82% and the S&P 500's loss of 1.55% in that time. Meanwhile, the Dow experienced a drop of 0.32%, and the technology-dominated Nasdaq saw a decrease of 2.43%. The stock exceeded the S&P 500, which registered a loss of 1.43% for the day. It provides application programming interfaces, software development kits, and other interfaces that enable its network of third-party developers, partners, and customers to build content that configures and extends its solutions to accommodate specific use cases.In the latest trading session, Splunk (SPLK) closed at $147.49, marking a -0.12% move from the previous day. Splunk Observability includes Splunk Information Technology Service Intelligence, and Splunk Observability Cloud, which provides fully integrated capabilities for Splunk Application Performance Monitoring, Splunk Infrastructure Monitoring, Splunk Real User Monitoring, and Splunk Synthetic Monitoring. Splunk Security includes Splunk Enterprise Security, Splunk Security Orchestration, Automation and Response, Splunk User Behavior Analytics, Splunk Attack Analyzer, and Splunk Mission Control. It offers the Unified Security and Observability Platform, which is comprised of Splunk Security and Splunk Security. (Splunk) is engaged in the development and marketing of cloud services and licensed software solutions. Other points of data to note are a P/E ratio of -, revenue per share of $23.33 and a 0.1% return on assets. The company is not paying dividends at this time. The potential market cap would be $24,784,922,127 based on the market consensus. The current stock price for Microsoft Corporation is currently $151.93 USD The day 50 moving average is $145.40 and the 200 moving average now moves to $111.59. Now with the previous closing price of $151.54 this would indicate that there is a downside of -3.2%. The range between the high target price and low target price is between $170.70 and $105.00 and has a mean target at $146.68. The consensus rating is pointing to ‘hold’. with ticker code (SPLK) have now 26 analysts in total covering the stock.
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