Gen Digital (GEN) Expected to Announce Quarterly Earnings on Thursday

Gen Digital (NASDAQ:GEN) will likely be announcing its earnings results after the market closes on Thursday, January 30th. Analysts expect the company to announce earnings of $0.55 per share and revenue of $984,956.93 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Gen Digital Price Performance

Shares of GEN opened at $27.48 on Thursday. The firm has a market cap of $16.93 billion, a PE ratio of 28.04, a price-to-earnings-growth ratio of 1.29 and a beta of 0.82. Gen Digital has a 52-week low of $19.08 and a 52-week high of $31.72. The company has a debt-to-equity ratio of 3.40, a quick ratio of 0.32 and a current ratio of 0.32. The business’s 50 day moving average price is $28.86 and its two-hundred day moving average price is $27.31.

Gen Digital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 11th. Stockholders of record on Monday, November 18th were given a dividend of $0.125 per share. The ex-dividend date was Monday, November 18th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.82%. Gen Digital’s dividend payout ratio (DPR) is presently 51.02%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on GEN. UBS Group upgraded shares of Gen Digital to a “strong-buy” rating in a report on Wednesday, December 4th. Wells Fargo & Company raised Gen Digital to a “strong-buy” rating in a report on Thursday, October 24th.

Gen Digital Company Profile

Gen Digital Inc engages in the provision of cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers security and performance products under Norton, Avast, Avira, AVG, and CCleaner brands that provide real-time protection and maintenance for PCs, Macs, and mobile devices against malware, viruses, adware, and other online threats.