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Pure Storage is a computer hardware business based in the US. Pure Storage shares (PSTG) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $49.90 – an increase of 0.06% over the previous week. Pure Storage employs 5,600 staff and has a trailing 12-month revenue of around $3 billion.
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Pure Storage stock price (NYSE: PSTG)
Use our graph to track the performance of PSTG stocks over time.Pure Storage shares at a glance
Latest market close | $49.90 |
---|---|
52-week range | $31.00 - $70.41 |
50-day moving average | $51.30 |
200-day moving average | $54.51 |
Wall St. target price | $65.53 |
PE ratio | 115.8837 |
Dividend yield | N/A |
Earnings per share (TTM) | $0.43 |
Is it a good time to buy Pure Storage stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Pure Storage price performance over time
Historical closes compared with the close of $49.9 from 2024-11-19
1 week (2024-11-13) | 0.06% |
---|---|
1 month (2024-10-18) | -12.56% |
3 months (2024-08-20) | -18.93% |
6 months (2024-05-20) | -17.00% |
1 year (2023-11-20) | 34.43% |
---|---|
2 years (2022-11-18) | 62.28% |
3 years (2021-11-19) | 80.21% |
5 years (2019-11-20) | 148.75% |
Is Pure Storage stock undervalued or overvalued?
Valuing Pure Storage stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Pure Storage's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Pure Storage's P/E ratio
Pure Storage's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 116x. In other words, Pure Storage shares trade at around 116x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Pure Storage's PEG ratio
Pure Storage's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.4048. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Pure Storage's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Pure Storage's EBITDA
Pure Storage's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $281.8 million.
The EBITDA is a measure of a Pure Storage's overall financial performance and is widely used to measure a its profitability.
Pure Storage financials
Revenue TTM | $3 billion |
---|---|
Operating margin TTM | 3.26% |
Gross profit TTM | $1.9 billion |
Return on assets TTM | 2.67% |
Return on equity TTM | 11.19% |
Profit margin | 4.54% |
Book value | $4.44 |
Market Capitalization | $16.3 billion |
TTM: trailing 12 months
Pure Storage share dividends
We're not expecting Pure Storage to pay a dividend over the next 12 months.
Pure Storage share price volatility
Over the last 12 months, Pure Storage's shares have ranged in value from as little as $31 up to $70.41. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Pure Storage's is 1.103. This would suggest that Pure Storage's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Pure Storage overview
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.
Frequently asked questions
What percentage of Pure Storage is owned by insiders or institutions?Currently 5.208% of Pure Storage shares are held by insiders and 87.107% by institutions. How many people work for Pure Storage?
Latest data suggests 5,600 work at Pure Storage. When does the fiscal year end for Pure Storage?
Pure Storage's fiscal year ends in January. Where is Pure Storage based?
Pure Storage's address is: 2555 Augustine Drive, Santa Clara, CA, United States, 95054 What is Pure Storage's ISIN number?
Pure Storage's international securities identification number is: US74624M1027 What is Pure Storage's CUSIP number?
Pure Storage's Committee on Uniform Securities Identification Procedures number is: 74624M102
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