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Is GEN DIGITAL INC (GEN) Outperforming Other Business Services Stocks This Year?
ZACKS· 2025-07-21 14:40
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Gen Digital (GEN) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Gen Digital is one of 259 individual stocks in the Business Services sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the in ...
Will Gen Digital (GEN) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-07-16 17:11
Core Viewpoint - Gen Digital (GEN) is positioned well to continue its trend of beating earnings estimates, making it a stock worth considering for investors [1]. Earnings Performance - Gen Digital has a strong history of surpassing earnings estimates, averaging a 1.77% beat over the last two quarters [2]. - In the most recent quarter, the company reported earnings of $0.58 per share against an expectation of $0.59, resulting in a surprise of 1.72% [2]. - For the previous quarter, Gen Digital exceeded the consensus estimate of $0.55 per share by reporting $0.56, achieving a surprise of 1.82% [2]. Earnings Estimates and Predictions - Estimates for Gen Digital have been trending higher, supported by its history of earnings surprises [5]. - The stock has a positive Zacks Earnings ESP of +1.67%, indicating that analysts are optimistic about the company's earnings prospects [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a strong likelihood of another earnings beat in the upcoming report [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7].
Gen to Host Analyst and Investor Briefing on its Financial Wellness Opportunity
Prnewswire· 2025-07-14 20:05
Core Insights - Gen Digital Inc. is set to host an investor event to discuss its strategic expansion into Financial Wellness following the acquisition of MoneyLion [1][2] - The event will cover the company's vision for financial wellness, platform integration, product capabilities, and market strategies [1] - Gen aims to combine cyber safety and financial wellness solutions to provide value for consumers and shareholders in a digital-first environment [1] Event Details - The Financial Wellness Opportunity: Analyst and Investor Briefing 2025 is scheduled for September 8, 2025, from 10:30 AM to 12:30 PM EST in New York City [2] - A live webcast of the event will be available on the company's investor relations website and will be accessible for replay for one year [2] Company Overview - Gen Digital Inc. (NASDAQ: GEN) focuses on empowering Digital Freedom through its consumer brands, including Norton, Avast, LifeLock, and MoneyLion [3] - The company aims to provide financial empowerment and cyber safety for digital generations, serving nearly 500 million users across more than 150 countries [3] - Gen offers award-winning products and services in cybersecurity, online privacy, identity protection, and financial wellness [3]
Generation Uranium Announces Private Placement and New CFO
Thenewswire· 2025-07-11 12:00
Core Points - Generation Uranium Inc. is conducting a non-brokered private placement to raise up to CAD$550,000 by issuing up to 11,000,000 shares at a price of $0.05 per unit, each unit consisting of one common share and one warrant priced at $0.10 [1][2] - The net proceeds from the offering will be utilized to define new drill targets on the Yath Project, enhance market awareness, and for general working capital [2] - The offering is subject to approval from the TSX Venture Exchange (TSXV) and insider participation will be considered a related-party transaction under Multilateral Instrument 61-101 [3][4] Management Changes - Mr. Sonu Unnoonni has been appointed as the new CFO, bringing over 20 years of experience in finance across various sectors, with a focus on financial strategy and operational efficiency [6] - Marcy Kleisman will step down as CFO to pursue other business opportunities, with the company wishing her success in her future endeavors [7] Company Overview - Generation Uranium is a natural resource company focused on the exploration and development of mineral properties, holding a 100% interest in the Yath Uranium Project located in Nunavut, Canada [8]
Gen to Announce Fiscal 2026 First Quarter Results on August 7, 2025
Prnewswire· 2025-07-10 20:05
Core Insights - Gen Digital Inc. will release its fiscal 2026 first quarter financial results on August 7, 2025, after market close [1] - Following the earnings release, Gen management will conduct a conference call and webcast at 2 p.m. PT / 5 p.m. ET [2] Company Overview - Gen Digital Inc. (NASDAQ: GEN) is a global company focused on empowering Digital Freedom through its consumer brands, including Norton, Avast, LifeLock, and MoneyLion [2] - The company aims to provide financial empowerment and cyber safety for the first digital generations, serving nearly 500 million users across more than 150 countries [2]
Avast Helps Families Flip the Script on Safety with the Safe Tech Talk
Prnewswire· 2025-07-08 13:00
Core Insights - Over half (59%) of older loved ones have fallen victim to cybercrime, highlighting the need for increased Cyber Safety education among families [1] - The majority (84%) of adults have warned their older relatives about risky online behavior, but only 53% of those warned changed their habits [4][2] - Avast is providing new resources and tools to help families bridge the safety gap and prevent cybercrime [1] Group 1: Cybercrime Statistics - 59% of older loved ones have been victims of cybercrime, primarily due to scams and social engineering [1] - 80% of cybercrime originates from scams and social engineering tactics [1] - Nearly half (47%) of older adults still write down their passwords on paper, indicating a lack of awareness about secure practices [4] Group 2: Family Communication and Education - Only 53% of older adults who were warned about risky online behavior followed through and changed their habits [2] - The role reversal in educating parents and grandparents about online safety poses challenges for younger generations [3] - Empowering families to discuss online safety openly is essential for improving Cyber Safety [5] Group 3: Best Practices for Cyber Safety - Recommended practices include strengthening password habits, spotting red flags in communications, and knowing common scams targeting older adults [8][13] - Families are encouraged to have the "Safe Tech Talk" and make Cyber Safety a routine priority [6][9] - Utilizing smart safety tools and creating a "phone-a-friend" plan can enhance Cyber Safety efforts [13]
Why Gen Digital (GEN) is a Top Growth Stock for the Long-Term
ZACKS· 2025-07-02 14:50
Core Insights - Zacks Premium provides tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, Equity Research reports, and Premium stock screens [1][2] Zacks Style Scores - Zacks Style Scores are indicators that rate stocks based on value, growth, and momentum, helping investors identify stocks likely to outperform the market in the next 30 days [2][3] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [3] Value Score - The Value Score identifies attractive and discounted stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - The Growth Score focuses on a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Score helps investors capitalize on price trends by analyzing short-term price changes and earnings estimate revisions [5] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for selecting stocks with strong value, growth, and momentum characteristics [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] Stock Example: Gen Digital - Gen Digital is a leading provider of cybersecurity solutions, known for brands like Norton Anti-Virus and Norton Internet Security [12] - The company holds a 2 (Buy) rating on the Zacks Rank and has a VGM Score of B, indicating strong potential [12] - Gen Digital is projected to achieve year-over-year earnings growth of 9.5% for the current fiscal year, with upward revisions in earnings estimates [13]
Avast Makes AI-Driven Scam Defense Available for Free Worldwide
Prnewswire· 2025-06-25 13:00
Core Insights - Avast has launched Scam Guardian and Scam Guardian Pro to enhance scam protection using AI technology, addressing the rise in data breaches and scams [1][2] - The new offerings aim to democratize access to advanced scam protection, with Scam Guardian available for free and Scam Guardian Pro as a premium option [1][4] Group 1: Product Features - Scam Guardian utilizes proprietary AI trained on scam data to detect not only malicious URLs but also analyze context and language for identifying deceptive intent [3] - Key features of Scam Guardian include Email Guard, which scans and flags emails for scams, and Web Guard, which analyzes websites for hidden scams [4][6] - Scam Guardian Pro will introduce additional AI-powered tools later in the year to protect against scams in SMS and phone calls [4] Group 2: Market Context - The Gen Threat Report indicates a significant increase in data breaches, with breached records rising by over 186% from January to March 2025, and phishing scams increasing by 466% in the same period [2] - The rise in sophisticated scams, enhanced by AI, makes it crucial for individuals to have access to effective scam protection [2][3]
Here's Why Gen Digital (GEN) is a Strong Momentum Stock
ZACKS· 2025-06-20 14:51
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] - Value Score emphasizes identifying undervalued stocks using financial ratios [3] - Growth Score focuses on a company's financial health and future growth potential [4] - Momentum Score identifies stocks with favorable price trends and earnings outlooks [5] - VGM Score combines all three styles to highlight stocks with the best overall characteristics [6] Zacks Rank and Style Scores Interaction - The Zacks Rank utilizes earnings estimate revisions to assist in portfolio building, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988 [7][8] - To optimize returns, investors should target stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9] - Stocks with lower ranks, even with high Style Scores, may still face declining earnings forecasts, increasing the risk of price drops [10] Company Spotlight: Gen Digital - Gen Digital is a prominent player in the cybersecurity sector, known for brands like Norton Anti-Virus and Norton Internet Security [11] - The company holds a Zacks Rank of 2 (Buy) and a VGM Score of A, indicating strong investment potential [11] - Gen Digital's Momentum Style Score is B, with a 5.8% increase in share price over the past four weeks [11] - Recent upward revisions in earnings estimates have led to a Zacks Consensus Estimate of $2.43 per share for fiscal 2026, reflecting a $0.04 increase [12] - The company has an average earnings surprise of 0.9%, further enhancing its attractiveness to investors [12]
Is GEN DIGITAL INC (GEN) Stock Outpacing Its Business Services Peers This Year?
ZACKS· 2025-06-18 14:41
Company Performance - Gen Digital (GEN) has returned approximately 8.7% year-to-date, outperforming the Business Services sector average return of 2.7% [4] - The Zacks Consensus Estimate for GEN's full-year earnings has increased by 0.5% over the past 90 days, indicating a positive earnings outlook [3] - Gen Digital is currently ranked 2 (Buy) in the Zacks Rank system, which emphasizes improving earnings estimates [3] Industry Comparison - Gen Digital is part of the Technology Services industry, which consists of 130 companies and currently ranks 39 in the Zacks Industry Rank [6] - The average return for stocks in the Technology Services industry this year is 5.1%, showing that GEN is performing better than its peers in this specific industry [6] - Another stock in the Business Services sector, Amadeus IT Group SA Unsponsored ADR (AMADY), has a year-to-date return of 13.6% and also holds a Zacks Rank of 2 (Buy) [4][5] Sector Overview - The Business Services sector includes 271 individual stocks and is currently ranked 3 in the Zacks Sector Rank [2] - The Zacks Rank system measures the average Zacks Rank of individual stocks within sector groups to gauge overall sector strength [2]