Company Performance - Samsara Inc. (IOT) experienced a decline of 1.06% in its stock price, closing at $39.24, which underperformed compared to the S&P 500's daily loss of 0.3% [1] - Over the past month, the company's shares decreased by 0.3%, while the Computer and Technology sector gained 4.85% and the S&P 500 increased by 3.64% [1] Earnings Forecast - Analysts predict that Samsara Inc. will report an EPS of $0.07, reflecting a 40% growth compared to the same quarter last year [2] - The consensus estimate for revenue is $372.32 million, which represents a 24.02% increase from the prior-year quarter [2] Full Year Projections - For the full year, Zacks Consensus Estimates project earnings of $0.41 per share and revenue of $1.55 billion, indicating increases of 57.69% and 24.23% respectively from the previous year [3] - Recent changes in analyst estimates suggest a favorable outlook on the company's business health and profitability [3] Valuation Metrics - Samsara Inc. has a Forward P/E ratio of 97.03, significantly higher than the industry average of 29.27, indicating that the company is trading at a premium [6] - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 72, placing it in the top 30% of over 250 industries [6] Analyst Ratings - The Zacks Rank system, which evaluates estimate revisions, currently rates Samsara Inc. as 2 (Buy) [5] - The Zacks Rank has a proven track record of outperformance, with 1 stocks returning an average of +25% annually since 1988 [5]
Samsara Inc. (IOT) Declines More Than Market: Some Information for Investors