Pure Storage Stock Analysis

Pure Stock Analysis Notes

About 86.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.69. Pure Storage had not issued any dividends in recent years. 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. To find out more about Pure Storage contact Charles Giancarlo at 800 379 7873 or learn more at https://www.purestorage.com.

Pure Storage Investment Alerts

Pure Largest EPS Surprises

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Pure Storage Environmental, Social, and Governance (ESG) Scores

Pure Storage Thematic Classifications

Pure Stock Institutional Investors

Note, although Pure Storage's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Pure Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 23.44 B.

Pure Profitablity

The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06.

Management Efficiency

Pure Storage has return on total asset (ROA) of 0.0108 % which means that it generated a profit of $0.0108 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0927 %, meaning that it created $0.0927 on every $100 dollars invested by stockholders. Pure Storage's management efficiency ratios could be used to measure how well Pure Storage manages its routine affairs as well as how well it operates its assets and liabilities. The Pure Storage's current Return On Tangible Assets is estimated to increase to 0.03. The Pure Storage's current Return On Capital Employed is estimated to increase to 0.03. At this time, Pure Storage's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The Pure Storage's current Other Assets is estimated to increase to about 273.6 M, while Net Tangible Assets are projected to decrease to roughly 477.7 M.

Technical Drivers

As of the 10th of February, Pure Storage holds the Risk Adjusted Performance of (0.05), variance of 23.47, and Coefficient Of Variation of (1,313). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pure Storage, as well as the relationship between them. Please check Pure Storage risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Pure Storage is priced some-what accurately, providing market reflects its current price of 70.99 per share. Given that Pure Storage has information ratio of (0.1), we recommend you to check out Pure Storage's recent market performance to make sure the company can sustain itself at a future point.

Pure Storage Price Movement Analysis

Pure Storage Insider Trading Activities

Pure Storage Outstanding Bonds

Pure Storage Predictive Daily Indicators

Pure Storage Corporate Filings

Pure Storage Forecast Models

Pure Storage's time-series forecasting models are one of many Pure Storage's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Pure Storage's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pure Storage Bond Ratings

Pure Storage financial ratings play a critical role in determining how much Pure Storage have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Pure Storage's borrowing costs.

Pure Storage Debt to Cash Allocation

Pure Storage currently holds 281.15 M in liabilities with Debt to Equity (D/E) ratio of 1.0, which is about average as compared to similar companies. Pure Storage has a current ratio of 1.3, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Pure Storage's use of debt, we should always consider it together with its cash and equity.

Pure Storage Total Assets Over Time

Pure Storage Assets Financed by Debt

The debt-to-assets ratio shows the degree to which Pure Storage uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

Pure Storage Debt Ratio

7.75

It seems as most of the Pure Storage's assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Pure Storage's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Pure Storage, which in turn will lower the firm's financial flexibility.

Pure Storage Corporate Bonds Issued

Pure Net Debt

Stock analysis is the technique used by a trader or investor to examine and evaluate how Pure Storage prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Pure shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Pure Storage. By using and applying Pure Stock analysis, traders can create a robust methodology for identifying Pure entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Pure analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Pure analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Pure Storage stock analysis indicators help investors evaluate how Pure Storage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Pure Storage shares will generate the highest return on investment. By understating and applying Pure Storage stock analysis, traders can identify Pure Storage position entry and exit signals to maximize returns.

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.