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Pure Storage, Inc. (PSTG)

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56.49 +3.07 (+5.75%)
At close: 4:00 PM EDT
56.57 +0.08 (+0.14%)
After hours: 5:47 PM EDT
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DELL
  • Previous Close 53.42
  • Open 55.00
  • Bid 55.00 x 1000
  • Ask 56.69 x 1000
  • Day's Range 54.29 - 56.59
  • 52 Week Range 31.00 - 70.41
  • Volume 4,176,778
  • Avg. Volume 2,937,164
  • Market Cap (intraday) 18.511B
  • Beta (5Y Monthly) 1.11
  • PE Ratio (TTM) 131.37
  • EPS (TTM) 0.43
  • Earnings Date Nov 27, 2024 - Dec 2, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 64.56

Pure Storage, Inc. engages in the provision of data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. The company also provides FlashArray integrated hardware systems, including FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S and FlashBlade//E for managing and processing unstructured data workloads of various types from real-time log analytics and commercial high-performance computing (HPC) to data protection and recovery. In addition, it offers cloud-native storage solutions, such as Portworx by Pure Storage, a cloud-native Kubernetes data management solution; and Portworx Data Services, a Database-as-a-Service platform for Kubernetes. Further, the company provides Pure Fusion, a Software-as-a-Service (SaaS) management plane, which enables storage administrators to unify storage arrays and optimize storage pools; Evergreen Architecture comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions; and Cloud Block Store, a virtual block storage array, that provides customers the flexibility to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments. It sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Santa Clara, California.

www.purestorage.com

5,600

Full Time Employees

February 04

Fiscal Year Ends

Recent News: PSTG

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Performance Overview: PSTG

Trailing total returns as of 10/17/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

PSTG
58.41%
S&P 500
22.47%

1-Year Return

PSTG
58.72%
S&P 500
33.56%

3-Year Return

PSTG
115.45%
S&P 500
30.64%

5-Year Return

PSTG
213.14%
S&P 500
95.39%

Compare To: PSTG

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Statistics: PSTG

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Valuation Measures

Annual
As of 10/16/2024
  • Market Cap

    17.51B

  • Enterprise Value

    15.97B

  • Trailing P/E

    123.67

  • Forward P/E

    33.67

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    6.20

  • Price/Book (mrq)

    12.05

  • Enterprise Value/Revenue

    5.30

  • Enterprise Value/EBITDA

    51.61

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    4.54%

  • Return on Assets (ttm)

    2.67%

  • Return on Equity (ttm)

    11.19%

  • Revenue (ttm)

    3.01B

  • Net Income Avi to Common (ttm)

    136.49M

  • Diluted EPS (ttm)

    0.43

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.82B

  • Total Debt/Equity (mrq)

    19.29%

  • Levered Free Cash Flow (ttm)

    563.36M

Research Analysis: PSTG

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 763.77M
Earnings 35.67M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

45.00 Low
64.56 Average
56.49 Current
80.00 High
 

Company Insights: PSTG

Research Reports: PSTG

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  • What does Argus have to say about PSTG?

    PURE STORAGE INC - CLASS A has an Investment Rating of HOLD; a target price of $55.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Low; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Daily – Vickers Top Buyers & Sellers for 10/10/2024

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

     
  • Raising target price to $55.00

    PURE STORAGE INC - CLASS A has an Investment Rating of HOLD; a target price of $55.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     
  • Lowering target price to $51.00

    PURE STORAGE INC - CLASS A has an Investment Rating of HOLD; a target price of $51.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Price Target
     

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