SentinelOne (S) Rises Higher Than Market: Key Facts

Company Performance - SentinelOne's stock closed at $28.50, reflecting a +1.71% change from the previous day's closing price, outperforming the S&P 500's gain of 0.17% [1] - Over the past month, SentinelOne shares have decreased by 0.57%, underperforming the Computer and Technology sector's increase of 2.34% and the S&P 500's rise of 3.8% [1] Upcoming Earnings - The upcoming earnings report for SentinelOne is scheduled for March 13, 2024, with an expected EPS of -$ 0.04, representing a 69.23% improvement from the same quarter last year [1] - The Zacks Consensus Estimate projects net sales of $169.51 million, which is a 34.42% increase compared to the previous year [1] Analyst Estimates and Valuation - Recent revisions to analyst estimates for SentinelOne indicate a 3.51% decrease in the Zacks Consensus EPS estimate over the past month, reflecting a cautious outlook [2] - SentinelOne currently holds a Zacks Rank of 3 (Hold), suggesting a neutral stance among analysts [2] - The company is trading at a Forward P/E ratio of 505.28, significantly higher than the industry average of 28.21, indicating a premium valuation [3] - SentinelOne's PEG ratio stands at 12.58, compared to the industry average of 2.66, further emphasizing its high valuation relative to growth expectations [3] Industry Context - The Computers - IT Services industry, to which SentinelOne belongs, has a Zacks Industry Rank of 80, placing it in the top 32% of over 250 industries [3] - Research indicates that industries in the top 50% of the Zacks Industry Rank tend to outperform those in the bottom half by a factor of 2 to 1 [3]