Based on the measurements of operating efficiency obtained from Pure Storage's historical financial statements, Pure Storage is performing exceptionally good at this time. It has a great probability to report excellent financial results in February. At this time, Pure Storage's Total Current Liabilities is most likely to increase significantly in the upcoming years. The Pure Storage's current Total Stockholder Equity is estimated to increase to about 1.6 B, while Retained Earnings are projected to decrease to (1.3 B).
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At this time, Pure Storage's Total Current Liabilities is most likely to increase significantly in the upcoming years. The Pure Storage's current Total Stockholder Equity is estimated to increase to about 1.6 B, while Retained Earnings are projected to decrease to (1.3 B).
The essential information of the day-to-day investment outlook for Pure Storage includes many different criteria found on its balance sheet. An individual investor should monitor Pure Storage's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Pure Storage.
Pure Storage competes with Super Micro, Astera Labs, Fidelity National, Credo Technology, and Hewlett Packard. Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Mountain View, California. Pure Storage operates under Computer Hardware classification in the United States and is traded on New York Stock Exchange. It employs 4600 people.
Specialization
Information Technology, Technology Hardware & Equipment
Comparative valuation techniques use various fundamental indicators to help in determining Pure Storage's current stock value. Our valuation model uses many indicators to compare Pure Storage value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pure Storage competition to find correlations between indicators driving Pure Storage's intrinsic value. More Info.
Pure Storage is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.12 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Pure Storage is roughly 8.58 . At this time, Pure Storage's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Pure Storage by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Most indicators from Pure Storage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pure Storage current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Pure Storage is part of several thematic ideas from Data Storage to Artificial Intelligence. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Pure Storage Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Pure Storage's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Pure Storage growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Pure Storage help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Pure Storage. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pure Storage based on widely used predictive technical indicators. In general, we focus on analyzing Pure Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pure Storage's daily price indicators and compare them against related drivers.
When running Pure Storage's price analysis, check to measure Pure Storage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pure Storage is operating at the current time. Most of Pure Storage's value examination focuses on studying past and present price action to predict the probability of Pure Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Storage's price. Additionally, you may evaluate how the addition of Pure Storage to your portfolios can decrease your overall portfolio volatility.
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance