20-May-2024
Here are the biggest single-session post-results gains from the recent earnings season
Seeking Alpha News (Fri, 17-May 2:40 PM ET)
Gen Digital goes ex dividend tomorrow
Seeking Alpha News (Thu, 16-May 10:18 AM ET)
Deepfakes, AI-Manipulated Audio, and Hijacked Social Media Surge in 2024
PRNewswire (Tue, 14-May 3:00 AM ET)
Gen Delivers Fifth Consecutive Year of Organic Growth and Record Profitability in Fiscal 2024
PRNewswire (Thu, 9-May 4:05 PM ET)
PRNewswire (Tue, 23-Apr 3:01 AM ET)
Gen to Announce Fiscal 2024 Fourth Quarter and Full-Year Results on May 9, 2024
PRNewswire (Tue, 16-Apr 4:02 PM ET)
PRNewswire (Wed, 10-Apr 9:00 AM ET)
PRNewswire (Wed, 3-Apr 11:00 AM ET)
Tax Prep Service Scams Rank High on Taxpayers' List of Concerns This Filing Season
PRNewswire (Thu, 14-Mar 9:00 AM ET)
Gen is a cybersecurity pure-play that offers security, identity protection, and privacy solutions to individual consumers. The firm's cyber safety offerings, via brands such as Norton, Avast, and LifeLock, have long maintained their positions as some of the most recognizable consumer-focused security and identity-protection products.
Gen Digital trades on the NASDAQ stock market under the symbol GEN.
As of May 20, 2024, GEN stock price declined to $24.47 with 7,270,504 million shares trading.
GEN has a beta of 1.29, meaning it tends to be more sensitive to market movements. GEN has a correlation of 0.24 to the broad based SPY ETF.
GEN has a market cap of $15.32 billion. This is considered a Large Cap stock.
Last quarter Gen Digital reported $967 million in Revenue and $.53 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.01.
The top ETF exchange traded funds that GEN belongs to (by Net Assets): VTI, VOO, VO, CIBR, SPY.
GEN has outperformed the market in the last year with a price return of +54.1% while the SPY ETF gained +28.2%. GEN has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +13.3% and +24.8%, respectively, while the SPY returned +7.0% and +2.6%, respectively.
GEN support price is $24.63 and resistance is $25.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GEN stock will trade within this expected range on the day.