|Bid||15.82 x 4000|
|Ask||15.89 x 800|
|Day's Range||15.61 - 16.03|
|52 Week Range||13.99 - 29.14|
|Beta (3Y Monthly)||2.36|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 19, 2019 - Aug 23, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||22.58|
Pure Storage (PSTG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
MOUNTAIN VIEW, Calif., June 20, 2019 /PRNewswire/ -- Pure Storage (PSTG), the data solutions leader that helps innovators build a better world with data, today announced significant customer momentum for Pure1®, an AI-driven, cloud-based infrastructure management and support platform from Pure Storage. Pure1 gives customers better visibility and self-driving storage in any environment. With Pure1, organizations spend less time managing infrastructure and more time on innovation.
MOUNTAIN VIEW, Calif., June 18, 2019 /PRNewswire/ -- The city of Davenport, Iowa, chose to partner with Pure Storage, the data solutions leader that helps innovators build a better world with data, in 2012 to implement a more efficient infrastructure for its virtual desktop infrastructure project and has continued to expand its environment due to the successful relationship with Pure. The city most recently deployed FlashBlade™, the industry's most advanced file and object storage architected to consolidate complex data silos, which cut the time to download hours of footage from law enforcement officer body and dashboard cameras from 20 minutes to less than two minutes on average. This performance improvement allows the city to optimize use of police cars and resources, while improving public safety by ensuring footage is downloaded and uploaded in a timely manner.
Pure Storage Inc NYSE:PSTGView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for PSTG with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding PSTG are favorable, with net inflows of $1.86 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusually high options activity in BlackBerry Ltd (NYSE: BB). Najarian bought the calls and he is planning to hold them for a week. Learn from Jon Najarian and other traders in person at the Benzinga Global Trading & Investing Summit June 20 in New York City!
NetApp (NTAP) unveils AFF C190 cloud-capable all-flash storage solution primarily aimed at expanding presence among smaller enterprises looking to manage business across hybrid cloud platforms.
These Tech Stocks Lost Big on May 22Pure Storage stock fell 25%The stock of hardware storage company Pure Storage (PSTG) fell almost 25% on May 22. The company announced its first-quarter results of fiscal 2020 (year ending in January) on May 21
Executives at the Mountain View-based company lay part of the blame on longer enterprise sales cycles.
Some analysts were concerned about longer sales cycles at Pure Storage. Shares of data center hardware company Pure Storage PSTG plunged 25% Wednesday, a day after the company reported a wider-than-expected loss and lowered its full-year guidance. Pure Chief Financial Officer Tim Riitters told analysts on a conference call on Wednesday that some business intended for the most recent quarter ended up sliding into the next one.
tumbled nearly 20% on Wednesday after the flash-storage producer reported a fiscal first-quarter loss that was wider than analysts' forecasts and cut its full-year earnings guidance. Pure Storage stock was down 19.71%, or $4.06, at $16.54 on the New York Stock Exchange after posting a fiscal first-quarter loss of $100.3 million, or 41 cents a share, vs. a loss of $64.3 million, or 29 cents a share, in the comparable year-earlier quarter. After adjusting for stock-based compensation and other effects, Pure Storage reported a loss of 11 cents a share.
Pure Storage (PSTG) robust adoption of FlashArray & FlashBlade solutions is driving growth. However, stiff competition from peers remains a headwind.
Shares of Nordstrom JWN tanked more than 9% in extended trading after the department store reported first-quarter results that missed on the top and bottom lines. Wall Street had expected earnings of 43 cents per share on revenue of $3.58 billion, according to Refinitiv consensus estimates. Nordstrom also gave disappointing guidance, lowering its full-year earnings guidance to $3.25 per share from an earlier projection of $3.73 per share.
Pure Storage (PSTG) delivered earnings and revenue surprises of -37.50% and -2.14%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
The Mountain View, California-based company said it had a loss of 41 cents per share. Losses, adjusted for stock option expense and amortization costs, came to 11 cents per share. The results fell short ...
Pure Storage Inc. shares tumbled more than 15% in after-hours trading Tuesday, after the flash-storage specialist came up short in a quarterly earnings report and reduced its annual guidance. Pure Storage reported fiscal first-quarter losses of $100.3 million, or 41 cents a share, on sales of $326.7 million, up from $255.9 million a year ago. After adjusting for stock-based compensation and other effects, Pure Storage reported losses of 11 cents a share. Analysts on average expected adjusted losses of 8 cents a share on sales of $333 million, according to FactSet. Pure Storage said that it now expects annual sales of $1.7 billion to $1.77 billion, with a non-GAAP operating margin of 1.5% to 5.5%; previously, the company had projected full-year sales of $1.74 billion to $1.81 billion with an adjusted margin of 3% to 7%. After closing with a 3% gain at $20.60, Pure Storage shares dove lower than $17.50 in immediate late trading following the report.
MOUNTAIN VIEW, Calif. , May 21, 2019 /PRNewswire/ -- Pure Storage (NYSE: PSTG), the data solutions leader that helps innovators build a better world with data, today announced financial results for its ...
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