PSTG

Pure Storage, Inc. [PSTG] Stock Forecast

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In the News

09:27 08 Jun 2023 PSTG

Pure Storage: Product Innovation Driving Growth With Profitability And Market Share Gains

Pure Storage's FlashBlade/E product has the potential to replace spinning disc storage with its cost and performance advantages, driving significant growth for the company. The company's partnership with NVIDIA and its AI-ready infrastructure could also contribute to growth in the coming years. Pure Storage's valuation remains attractive, with a projected 3-year CAGR in the low 20% range and a strong cash generation from its subscription business.

11:59 08 Jun 2023 PSTG

3 Storage Devices Stocks to Watch for in a Challenging Industry

Despite macroeconomic headwinds and supply chain troubles, momentum in cloud computing, IoT, auto, connected devices, VR and AI will likely favor the prospects of the Zacks Computer - Storage Devices industry players like NTAP, PSTG and TDC.

08:28 08 Jun 2023 PSTG

Why Pure Storage Stock Was Zooming Higher This Week

The niche tech solutions provider posted better-than-expected headline results for its latest reported quarter. This, despite notable drops in both revenue and profitability.

11:22 08 Jun 2023 PSTG

Why Pure Storage Stock Jumped Today

Pure Storage beat Wall Street's estimates for the first quarter. The company issued guidance that was ahead of analysts' expectations.

08:04 08 Jun 2023 PSTG

Pure Storage (PSTG) Q1 Earnings Beat, Revenues Fall Y/Y

Pure Storage's (PSTG) Q1 performance is affected by the softness in Product revenues and cautious IT spending.

11:38 08 Jun 2023 PSTG

Pure Storage, Inc. (PSTG) Q1 2024 Earnings Call Transcript

Pure Storage, Inc. (NYSE:PSTG ) Q1 2024 Earnings Conference Call May 31, 2023 5:00 PM ET Company Participants Paul Ziots - Vice President-Investor Relations Charlie Giancarlo - Chief Executive Officer Kevan Krysler - Chief Financial Officer Rob Lee - Chief Technology Officer Conference Call Participants Amit Daryanani - Evercore ISI Meta Marshall - Morgan Stanley Tim Long - Barclays Pinjalim Bora - JPMorgan Wamsi Mohan - Bank of America Eddy Orabi - Cowen Sidney Ho - Deutsche Bank Jason Ader - William Blair Nehal Chokshi - Northland Capital Markets Tom Blakey - KeyBanc Capital Markets Simon Leopold - Raymond James David Vogt - UBS Eric Martinuzzi - Lake Street Operator Good day, and welcome to the Pure Storage First Quarter Fiscal Year 2024 Earnings Conference Call. Today's conference is being recorded.

07:32 08 Jun 2023 PSTG

Pure Storage (PSTG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Pure Storage (PSTG) give a sense of how the business performed in the quarter ended April 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

06:47 08 Jun 2023 PSTG

Pure Storage (PSTG) Surpasses Q1 Earnings and Revenue Estimates

Pure Storage (PSTG) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.25 per share a year ago.

05:46 08 Jun 2023 PSTG

More and more data is going to need to be 'warm', says Pure Storage CEO Charlie Giancarlo

Charlie Giancarlo, Pure Storage chairman and CEO, joins 'Closing Bell Overtime' to discuss the company's Q1 beat, the A.I. boom, and why more 'warm' data will be needed in the near future.

05:32 08 Jun 2023 PSTG

Results, forecast lift Pure Storage stock after hours

Shares of data-storage software provider Pure Storage Inc. PSTG rallied after hours on Wednesday after the company reported first-quarter results that beat expectations and gave an upbeat financial outlook. The company reported a net loss of $67.4 million, or 22 cents a share, compared with $11.5 million, or 4 cents a share, in the same quarter last year.

PSTG Financial details

Company Rating
Strong Buy
Market Cap
10.52B
Income
73.07M
Revenue
2.75B
Book val./share
3.1
Cash/share
5.21
Dividend
-
Dividend %
-
Employees
5.1K
Optionable
No
Shortable
Yes
Earnings
29 Aug 2023
P/E
141.35
Forward P/E
-
PEG
-9.44
P/S
3.8
P/B
10.97
P/C
6.62
P/FCF
17.16
Quick Ratio
1.25
Current Ratio
1.41
Debt / Equity
2.77
LT Debt / Equity
0.15
-
-
EPS (TTM)
0.25
EPS next Y
-
EPS next Q
0.14
EPS this Y
-148%
EPS next Y
-
EPS next 5Y
16.75%
EPS last 5Y
NAN%
Revenue last 5Y
15.15%
Revenue Q/Q
19.84%
EPS Q/Q
-9715.38%
-
-
-
-
SMA20
47.83%
SMA50
36%
SMA100
30.77%
Inst Own
73.91%
Inst Trans
-15.08%
ROA
2%
ROE
9%
ROC
0.05%
Gross Margin
69%
Oper. Margin
3%
Profit Margin
3%
Payout
-
Shs Outstand
307.24M
Shs Float
287.38M
-
-
-
-
Target Price
39.33
52W Range
22.14-35.42
52W High
-1.46%
52W Low
+56.77%
RSI
81
Rel Volume
0.43
Avg Volume
5.18M
Volume
2.23M
Perf Week
0.7%
Perf Month
49.7%
Perf Quarter
25.33%
Perf Half Y
17.79%
-
-
-
-
Beta
1.21886
-
-
Volatility
0.32%, 4.92%
Prev Close
1.38%
Price
34.49
Change
-1.43%

PSTG Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-02-05

Metric History 2019-01-312020-02-022021-01-312022-02-06 2023-02-05
Revenue per share
5.866.56.297.639.19
Net income per share
-0.77-0.79-1.05-0.50.24
Operating cash flow per share
0.710.750.71.432.56
Free cash flow per share
0.280.370.351.082.03
Cash per share
5.165.144.684.945.28
Book value per share
3.183.282.82.643.14
Tangible book value per share
3.052.91.171.161.77
Share holders equity per share
3.183.282.82.643.14
Interest debt per share
1.942.473.513.332.52
Market cap
4.16B4.49B6.33B7.56B8.82B
Enterprise value
4.91B4.72B6.9B8.01B8.99B
P/E ratio
-23.3-22.34-22.45-52.78120.7
Price to sales ratio
3.062.733.763.473.2
POCF ratio
25.2823.6933.7418.4411.5
PFCF ratio
64.7648.4268.3224.5614.48
P/B Ratio
5.635.418.4410.029.37
PTB ratio
5.635.418.4410.029.37
EV to sales
3.612.874.13.673.26
Enterprise value over EBITDA
-46.12-46.52-53.51-525.448.87
EV to operating cash flow
29.8424.9236.7919.5311.72
EV to free cash flow
76.4650.9574.4926.0214.76
Earnings yield
-0.04-0.04-0.04-0.020.01
Free cash flow yield
0.020.020.010.040.07
Debt to equity
1.671.852.763.162.77
Debt to assets
0.630.650.730.760.73
Net debt to EBITDA
-7.06-2.31-4.43-29.460.92
Current ratio
3.343.082.512.31.41
Interest coverage
0-7.34-7.33-2.6817.59
Income quality
-0.92-0.94-0.67-2.8610.5
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
0.10.10.110.090.09
Research and developement to revenue
0.260.260.290.270.25
Intangibles to total assets
0.020.040.150.130.12
Capex to operating cash flow
-0.61-0.51-0.51-0.25-0.21
Capex to revenue
-0.07-0.06-0.06-0.05-0.06
Capex to depreciation
-1.41-1.08-1.36-1.23-1.57
Stock based compensation to revenue
0.150.140.140.130.12
Graham number
7.427.668.155.454.15
ROIC
-0.17-0.13-0.12-0.050.03
Return on tangible assets
-0.09-0.09-0.12-0.050.02
Graham Net
1.160.51-1.67-1.89-1.79
Working capital
1.19B1.28B1.15B1.24B724.99M
Tangible asset value
706.67M734.28M314.62M332.95M530.58M
Net current asset value
466.58M356.31M-161.27M-188.8M-127.37M
Invested capital
0.610.721.211.210.8
Average receivables
310.87M418.69M459.76M501.51M577.32M
Average payables
93.94M90.56M72.59M69.12M68.91M
Average inventory
39.59M41.6M42.63M42.84M45.52M
Days sales outstanding
101.66101.8699.8890.7481.19
Days payables outstanding
82.5455.5946.0536.4328.63
Days of inventory on hand
35.6527.5731.8720.0722.22
Receivables turnover
3.593.583.654.024.5
Payables turnover
4.426.577.9310.0212.75
Inventory turnover
10.2413.2411.4518.1916.43
ROE
-0.24-0.24-0.38-0.190.08
Capex per share
-0.43-0.38-0.35-0.36-0.53

Quarterly Fundamentals Overview

Last date of statement is 2023-02-05 for Q4

Metric History 2022-02-062022-05-082022-08-072022-11-06 2023-02-05
Revenue per share
2.432.12.172.252.67
Net income per share
0.05-0.040.0400.25
Operating cash flow per share
0.470.740.540.510.77
Free cash flow per share
0.40.630.450.380.57
Cash per share
4.854.374.584.875.21
Book value per share
2.592.462.562.793.1
Tangible book value per share
1.141.051.151.411.75
Share holders equity per share
2.592.462.562.793.1
Interest debt per share
3.182.382.552.52.48
Market cap
7.71B7.58B8.88B9.23B8.94B
Enterprise value
8.16B7.82B8.99B9.18B9.11B
P/E ratio
128.93-164.21203.32-2.93K30.02
Price to sales ratio
10.8812.2113.7313.6511.04
POCF ratio
55.7434.4255.7359.6338.37
PFCF ratio
65.7740.4566.1980.3751.75
P/B Ratio
10.2210.4211.6710.989.5
PTB ratio
10.2210.4211.6710.989.5
EV to sales
11.5112.6113.913.5811.25
Enterprise value over EBITDA
153.25432.3234.98263.4498.24
EV to operating cash flow
58.9935.5456.3959.3539.1
EV to free cash flow
69.641.7666.9879.9952.73
Earnings yield
00000.01
Free cash flow yield
0.020.020.020.010.02
Debt to equity
3.162.893.012.872.77
Debt to assets
0.760.740.750.740.73
Net debt to EBITDA
8.4413.612.75-1.261.83
Current ratio
2.32.161.321.361.41
Interest coverage
2.99-3.0814.358.1856.21
Income quality
9.25-19.0814.59-196.563.13
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
0.070.080.090.10.08
Research and developement to revenue
0.230.260.260.270.23
Intangibles to total assets
0.130.150.140.130.12
Capex to operating cash flow
-0.15-0.15-0.16-0.26-0.26
Capex to revenue
-0.03-0.05-0.04-0.06-0.07
Capex to depreciation
-0.89-1.45-1.05-1.55-2.14
Stock based compensation to revenue
0.110.120.130.130.1
Graham number
1.731.471.450.414.14
ROIC
0.0100.0100.03
Return on tangible assets
0.010000.02
Graham Net
-1.86-1.79-2.01-1.96-1.77
Working capital
1.24B1.01B495.7M585.51M724.99M
Tangible asset value
332.95M309.76M342.39M425.7M530.58M
Net current asset value
-188.8M-226.65M-267.5M-203.64M-127.37M
Invested capital
1.210.9610.890.8
Average receivables
448.16M444.04M373.97M418.81M524.05M
Average payables
59.71M64.69M61.34M83.44M85M
Average inventory
41.49M40.12M46.78M56.81M56.73M
Days sales outstanding
68.8650.1855.9457.9968.04
Days payables outstanding
27.3427.2228.3544.1524.27
Days of inventory on hand
15.0619.1623.1526.3318.84
Receivables turnover
1.311.791.611.551.32
Payables turnover
3.293.313.172.043.71
Inventory turnover
5.984.73.893.424.78
ROE
0.02-0.020.0100.08
Capex per share
-0.07-0.11-0.08-0.13-0.2

PSTG Frequently Asked Questions

What is Pure Storage, Inc. stock symbol ?

Pure Storage, Inc. is a US stock , located in Mountain view of Ca and trading under the symbol PSTG

Is Pure Storage, Inc. buy or a sell ?

11 stock analysts have 11 predictions with a medium analyst target price of $40.18. The lowest prediction is $34 and the highest is $50

What is PSTG stock prediction ?

What is Pure Storage, Inc. stock quote today ?

Pure Storage, Inc. stock price is $34.49 today.

Is Pure Storage, Inc. stock public?

Yes, Pure Storage, Inc. is a publicly traded company.

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