Gen Digital Inc. (GEN)
After hours:
| Previous close | 20.34 |
| Open | 22.47 |
| Bid | 23.43 x 1500 |
| Ask | 23.47 x 1500 |
| Day's range | 22.09 - 23.65 |
| 52-week range | 15.45 - 24.37 |
| Volume | |
| Avg. volume | 3,934,230 |
| Market cap | 14.942B |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | 24.44 |
| EPS (TTM) | 0.96 |
| Earnings date | 01 Aug 2024 - 05 Aug 2024 |
| Forward dividend & yield | 0.50 (2.46%) |
| Ex-dividend date | 15 Feb 2024 |
| 1y target est | 26.82 |
- Yahoo Finance Video
Consumer sentiment drops, Tesla's Supercharger, Zeekr IPO: Catalysts
The University of Michigan's Consumer Sentiment Index reported that preliminary data for the month of May fell below estimates, a six-month low of 67.4, which could complicate the Federal Reserve's mission to drive inflation down to 2%. Artificial intelligence developer OpenAI is reportedly developing an AI-powered search engine that could rival Alphabet's Google (GOOGL, GOOG), and it could drop as early as Monday, May 13 according to Reuters. Path Trading Partners Co-Founder and Chief Market Strategist Bob Iaccino joins Catalysts to detail how Fed interest rate cuts and asset inflation could fuel a jump in gold futures (GC=F). Gartner Vice President and Team Manager of Automotives, Transportation, and Cross Manufacturing Mike Ramsey also sits down to explain the future of Tesla's (TSLA) Supercharger network and the EV maker's plans for its full self-driving autonomous vehicles down the line. Other notable guests this hour include Santander US CEO Tim Wennes (SAN) and Gen Digital CEO Vincent Pilette (GEN). This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
How Gen Digital handles modern identity theft
In the age of AI, the potential for exploitation of this technology for digital theft is a concern. Gen Digital (GEN) aims to help protect against data theft. The company's fourth quarter report revealed better-than-expected earnings, showing a growing demand for its services. Gen Digital CEO Vincent Pilette joins Catalysts to discuss the company's recent performance and explain how Gen can help with the growing complications in keeping data secure. Pilette outlines the current landscape of identity theft: "You can have your personal data stolen from somewhere else than you own devices and a year later being posted in the dark web, being bought by bad actors. And suddenly you wake up and you have credit cards and mortgages taken on your name and your identity being stolen, and you don't realize it. So we've evolved our portfolio to be uniquely centric around the user and protecting your data from not only just device security, overall security, but also identity protection and restoration services, giving consumers the ability to also understand their data and their privacy features they want to have in the dark web all the way to the ability to manage your own reputation online." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
Insider MonkeyGen Digital Inc. (NASDAQ:GEN) Q4 2024 Earnings Call Transcript
Gen Digital Inc. (NASDAQ:GEN) Q4 2024 Earnings Call Transcript May 9, 2024 Gen Digital Inc. misses on earnings expectations. Reported EPS is $0.2104 EPS, expectations were $0.52. GEN isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, everyone. Thank […]
