From Nasdaq: 2024-05-17 18:15:03

Samsara Inc. (IOT) closed at $40.90, up 0.69% from the previous day. It outperformed the S&P 500 but trailed behind the Dow and Nasdaq. The stock has gained 30.99% in the last month, surpassing sector and S&P 500 increases.

Samsara Inc. is set to release earnings on June 6, 2024, with projected EPS of $0.01 and revenue of $272.51 million. Analysts recommend monitoring changes in estimates, as these impact stock performance. The company currently holds a Zacks Rank of #4 (Sell) with a Forward P/E ratio of 344.24.

The Internet – Software industry, where Samsara Inc. belongs, has a Zacks Industry Rank of 57, ranking in the top 23% of all industries. Utilize Zacks.com to stay informed about stock performance indicators and shifts in the industry. Researchers highlight the potential of a stock with significant growth projections.

Investors are encouraged to explore Zacks.com for the latest stock analysis and recommendations. The industry’s average Forward P/E ratio is 30.86 while Samsara Inc. has a ratio of 344.24. Stay updated on valuable market tools and data insights to inform investment decisions.



Read more at Nasdaq: Samsara Inc. (IOT) Exceeds Market Returns: Some Facts to Consider