S Stock Summary and Trading Ideas (Sentinelone Class A | NYSE:S)

SentinelOne is a cloud-based cybersecurity company specializing in endpoint protection. SentinelOne's primary offering is its Singularity platform that offers a single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The California-based firm was founded in 2013 and went public in 2021.

Sentinelone Class A trades on the NYSE stock market under the symbol S.

As of April 26, 2024, S stock price climbed to $21.56 with 1,901,421 million shares trading.

S has a beta of 1.40, meaning it tends to be more sensitive to market movements. S has a correlation of 0.06 to the broad based SPY ETF.

S has a market cap of $6.68 billion. This is considered a Mid Cap stock.

Last quarter Sentinelone Class A reported $174 million in Revenue and -$.02 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.02.

The top ETF exchange traded funds that S belongs to (by Net Assets): VTI, CIBR, VB, VXF, VBK.

S has outperformed the market in the last year with a return of +28.5%, while the SPY ETF gained +27.4%. However, in the most recent history, S shares have underperformed the stock market with its stock returning -18.1% in the last 3 month period and -0.7% for the last 2 week period, while SPY has returned +4.6% and -0.5%, respectively.

S support price is $20.64 and resistance is $21.76 (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 S stock will trade within this expected range on the day.