Revenue Growth Analysis of Pure Storage, Inc. (NYSE:PSTG)

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Pure Storage, Inc. (NYSE:PSTG) currently has a “Buy” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Hold” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.

Pure Storage, Inc. (NYSE:PSTG) lost -0.38 Percent and closed its previous trading session at $20.91. The stock traded with the average Volume of 2.49 Million at the end of last session.

Pure Storage, Inc. (NYSE:PSTG) has the Market Capitalization of 4.46 Billion. The Stock has its 52-week High of $22.60 and 52-Week Low of $ 9.61 and it touched its 52-week high on 02/27/18 and 52-Week Low on 03/29/17.

The company reported its last earnings Actual EPS of $0.13/share. While, the analyst predicted that the company could provide an EPS of $0.07/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.06/share which shows an Earnings Surprise of 85.7 Percent.

Sell side analysts plays vital role in buying and selling a stock where 3 analysts rated Pure Storage, Inc. (NYSE:PSTG) as Buy, 0 analysts given Outperform signal, 1 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -1.65% where SMA50 and SMA200 are 7.91% and 31.2% respectively.

The company shows its Return on Assets (ROA) value of -27.1%. The Return on Equity (ROE) value stands at -53.2%. While it’s Return on Investment (ROI) value is -51.6%.

Pure Storage, Inc. (NYSE:PSTG) currently has a Weekly Volatility of 3.24% percent while its Monthly Volatility is at 4.35% percent. While talking about Performance of the Stock, Pure Storage, Inc. currently has a Weekly performance of 1.8%, monthly performance percentage is 8.57 percent, Quarterly performance is 21.22 percent, 6 months performance shows a percent value of 43.71% and Yearly Performance is 103.21 percent.

Company Profile:

Pure Storage, Inc. offers enterprise data storage platform. The company’s storage platform provides Purity Operating Environment, a flash-optimized software; FlashArray, a modular and scalable all-flash array hardware and Pure1, a cloud-based management and support platform. It operates primarily in the United States, Europe and Asia. The company serves cloud-based software and service providers, consumer Web, education, energy, financial services, governments, healthcare, manufacturing, media, retail and telecommunications sectors. Pure Storage, Inc. is headquartered in Mountain View, California.

 

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