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Pure Storage Inc, Common Stock

PSTG

NYQ

$51.43

+$1.3

(2.59%)

1D
Industry: Technology Hardware, Storage & Peripherals Sector: Information Technology

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$16.64B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
277.79
Volume info-icon
This is the total number of shares traded during the most recent trading day.
1.71M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
3.00M
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
0.00%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
1.15
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$22.43 L
$58.46 H
$51.43

About Pure Storage Inc, Common Stock

Pure Storage, Inc., together with its subsidiaries, provides data storage technologies, products, and services in the United States and internationally. The company's Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array. The company also provides FlashBlade, a solution for unstructured data workloads of various types; FlashStack that combines compute, network, and storage to provide an infrastructure platform; FlashRecover, an all-flash modern data protection solution; and AIRI, a full-stack AI-ready infrastructure. In addition, it offers evergreen storage subscription and Cloud Block Store, as well as Portworx a cloud-native Kubernetes data management solution It also offers technical and professional, training and education, and certification services. The company 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 Mountain View, California. more

Industry: Technology Hardware, Storage & PeripheralsSector: Information Technology

Returns

Time FramePSTGSectorS&P500
1-Week Return-1.51%-1.69%-0.57%
1-Month Return-0.45%-6.08%-3.56%
3-Month Return21.73%-3.79%1.57%
6-Month Return50.29%14.71%17.06%
1-Year Return128.58%30.99%23.68%
3-Year Return162.53%43.04%25.28%
5-Year Return129.6%161.48%86.73%
10-Year Return221.24%510.01%220.58%

Financials

Jan '20Jan '21Jan '22Jan '23Jan '245YR TREND
Total Revenue1.64B1.68B2.18B2.75B2.83B[{"date":"2020-01-31","value":58.06,"profit":true},{"date":"2021-01-31","value":59.5,"profit":true},{"date":"2022-01-31","value":77.04,"profit":true},{"date":"2023-01-31","value":97.27,"profit":true},{"date":"2024-01-31","value":100,"profit":true}]
Cost of Revenue509.89M535.25M708.33M855.79M809.43M[{"date":"2020-01-31","value":59.58,"profit":true},{"date":"2021-01-31","value":62.55,"profit":true},{"date":"2022-01-31","value":82.77,"profit":true},{"date":"2023-01-31","value":100,"profit":true},{"date":"2024-01-31","value":94.58,"profit":true}]
Gross Profit1.13B1.15B1.47B1.90B2.02B[{"date":"2020-01-31","value":56.08,"profit":true},{"date":"2021-01-31","value":56.84,"profit":true},{"date":"2022-01-31","value":72.85,"profit":true},{"date":"2023-01-31","value":93.89,"profit":true},{"date":"2024-01-31","value":100,"profit":true}]
Gross Margin68.97%68.22%67.52%68.92%71.40%[{"date":"2020-01-31","value":96.6,"profit":true},{"date":"2021-01-31","value":95.54,"profit":true},{"date":"2022-01-31","value":94.56,"profit":true},{"date":"2023-01-31","value":96.52,"profit":true},{"date":"2024-01-31","value":100,"profit":true}]
Operating Expenses1.32B1.38B1.57B1.81B1.93B[{"date":"2020-01-31","value":68.5,"profit":true},{"date":"2021-01-31","value":71.3,"profit":true},{"date":"2022-01-31","value":81.23,"profit":true},{"date":"2023-01-31","value":93.8,"profit":true},{"date":"2024-01-31","value":100,"profit":true}]
Operating Income(191.28M)(230.03M)(98.40M)83.51M87.16M[{"date":"2020-01-31","value":-219.45,"profit":false},{"date":"2021-01-31","value":-263.91,"profit":false},{"date":"2022-01-31","value":-112.89,"profit":false},{"date":"2023-01-31","value":95.81,"profit":true},{"date":"2024-01-31","value":100,"profit":true}]
Total Non-Operating Income/Expense(4.04M)(54.09M)(57.40M)20.87M46.35M[{"date":"2020-01-31","value":-8.71,"profit":false},{"date":"2021-01-31","value":-116.68,"profit":false},{"date":"2022-01-31","value":-123.84,"profit":false},{"date":"2023-01-31","value":45.01,"profit":true},{"date":"2024-01-31","value":100,"profit":true}]
Pre-Tax Income(194.67M)(270.16M)(128.50M)91.81M90.59M[{"date":"2020-01-31","value":-212.04,"profit":false},{"date":"2021-01-31","value":-294.27,"profit":false},{"date":"2022-01-31","value":-139.96,"profit":false},{"date":"2023-01-31","value":100,"profit":true},{"date":"2024-01-31","value":98.67,"profit":true}]
Income Taxes6.32M11.92M14.76M18.74M29.27M[{"date":"2020-01-31","value":21.59,"profit":true},{"date":"2021-01-31","value":40.7,"profit":true},{"date":"2022-01-31","value":50.43,"profit":true},{"date":"2023-01-31","value":64,"profit":true},{"date":"2024-01-31","value":100,"profit":true}]
Income After Taxes(200.99M)(282.08M)(143.26M)73.07M61.31M[{"date":"2020-01-31","value":-275.06,"profit":false},{"date":"2021-01-31","value":-386.03,"profit":false},{"date":"2022-01-31","value":-196.05,"profit":false},{"date":"2023-01-31","value":100,"profit":true},{"date":"2024-01-31","value":83.91,"profit":true}]
Income From Continuous Operations(200.99M)(282.08M)(143.26M)73.07M61.31M[{"date":"2020-01-31","value":-275.06,"profit":false},{"date":"2021-01-31","value":-386.03,"profit":false},{"date":"2022-01-31","value":-196.05,"profit":false},{"date":"2023-01-31","value":100,"profit":true},{"date":"2024-01-31","value":83.91,"profit":true}]
Income From Discontinued Operations-----[{"date":"2020-01-31","value":"-","profit":true},{"date":"2021-01-31","value":"-","profit":true},{"date":"2022-01-31","value":"-","profit":true},{"date":"2023-01-31","value":"-","profit":true},{"date":"2024-01-31","value":"-","profit":true}]
Net Income(200.99M)(282.08M)(143.26M)73.07M61.31M[{"date":"2020-01-31","value":-275.06,"profit":false},{"date":"2021-01-31","value":-386.03,"profit":false},{"date":"2022-01-31","value":-196.05,"profit":false},{"date":"2023-01-31","value":100,"profit":true},{"date":"2024-01-31","value":83.91,"profit":true}]
EPS (Diluted)0.260.180.421.411.42[{"date":"2020-01-31","value":18.31,"profit":true},{"date":"2021-01-31","value":12.68,"profit":true},{"date":"2022-01-31","value":29.55,"profit":true},{"date":"2023-01-31","value":99.3,"profit":true},{"date":"2024-01-31","value":100,"profit":true}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

PSTG
Cash Ratio 1.12
Current Ratio 1.76
Quick Ratio 1.73

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

PSTG
ROA (LTM) 1.51%
ROE (LTM) 5.55%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

PSTG
Debt Ratio Lower is generally better. Negative is bad. 0.65
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.35
Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. 2.88

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

PSTG
Trailing PE 266.89
Forward PE 35.09
P/S (TTM) 6.13
P/B 13.67
Price/FCF 82
EV/R 5.69
EV/Ebitda 72.37
PEG NM

News

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2 May, 2024 a 5:34 pm InvestorPlace

3 Overlooked Stocks Poised for Massive Growth

Among the current bullish market conditions, there is no better time to buy stocks to take advantage of general upward trends. Some stocks are attracting attention from every angle, including major AI and biotech stocks with astonishing potential. However, some stocks with comparable growth potential are severely overlooked and priced cheaper as a result. These three stocks fly under the radar but are teeming with growth potential to show excellent performance in the coming years. Investors can add these to their portfolios without stressing about a huge price tag inflated by hype and crazy expectations. Let’s learn about the possibilities in these three overlooked growth stocks through solid digital ad revenue and favor from current market trends. Pinterest (PINS) Source: tanuha2001 / Shutterstock.com Pinterest (NYSE: PINS ) peaked during the pandemic when online browsing was at an all-time high. The image-saving and sharing platform has yet to climb back to its historic heights but is without question in a prime position to do so.

2 May, 2024 a 10:00 am InvestorPlace

3 Little-Known Stocks That Have the Potential to Bring You Big Profits

As an investor, I am as confused as the market right now. Inflation data is coming in hot and the rate cuts have been pushed. Furthermore, the market can’t decide whether to rejoice in strong earnings or pull back due to inflation. 2024 started on a high note with both S&P 500 and Nasdaq hitting new highs. However, the past few weeks haven’t been the same. The tech earnings week managed to provide relief. And since several companies are yet to report results, we could see an improvement in the market movement. Some of the most popular stocks are already trading at a premium. But, to take home big profits, you need to dive into the pool of stocks in search of little-known companies with strong upside potential. Many times, these small companies work in some of the biggest areas of the economy, producing steady earnings growth. They aren’t the most popular or exciting. Hence, they get little attention. With that in mind, let’s take a look at the three undervalued stocks that can generate big profits for you.

30 Apr, 2024 a 6:31 pm InvestorPlace

Clarivate joins United Nations SDG Publishers Compact

LONDON , April 24, 2024 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT), a leading global provider of transformative intelligence, today announces it has signed the United Nations Sustainable Development Goals (UN SDGs) Publishers Compact. Signatories of the compact pledge to develop sustainable practices and act as champions of the SDGs during the Decade of Action (2020-2030). Liliana Hinderman , Senior Vice President, Chief Risk and Sustainability Officer said: "We have signed the UN SDG Publishers Compact as a commitment to thinking forward to grow our global impact on SDGs worldwide. Whether our data and insights are used to explore more sustainable resources or accelerate delivery of life-changing drugs and treatments, we are committed to solving the world''s most complex challenges across the spectrum of research, knowledge and innovation." Clarivate plays an active role in promoting sustainability by providing the necessary solutions, insights and data to accelerate positive change that will deliver on the SDGs and secure a sustainable future.

24 Apr, 2024 a 7:00 am PR Newswire Asia (English)

Insider Sell: CFO P. Krysler Sells 15,286 Shares of Pure Storage Inc (PSTG)

Insider Sell: CFO P. Krysler Sells 15,286 Shares of Pure Storage Inc (PSTG)

20 Apr, 2024 a 5:00 pm GuruFocus

Unveiling Pure Storage (PSTG)''s Market Value: A Comprehensive Guide

Unveiling Pure Storage (PSTG)''s Market Value: A Comprehensive Guide

19 Apr, 2024 a 3:33 pm GuruFocus

FAQs

What is Pure Storage Inc share price today?

Pure Storage Inc (PSTG) share price today is $51.43

Can Indians buy Pure Storage Inc shares?

Yes, Indians can buy shares of Pure Storage Inc (PSTG) on Vested. To buy Pure Storage Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in PSTG stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Pure Storage Inc be purchased?

Yes, you can purchase fractional shares of Pure Storage Inc (PSTG) via the Vested app. You can start investing in Pure Storage Inc (PSTG) with a minimum investment of $1.

How to invest in Pure Storage Inc shares from India?

You can invest in shares of Pure Storage Inc (PSTG) via Vested in three simple steps:

  • Click on Sign Up or Invest in PSTG stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Pure Storage Inc shares
What is Pure Storage Inc 52-week high and low stock price?

The 52-week high price of Pure Storage Inc (PSTG) is $58.46. The 52-week low price of Pure Storage Inc (PSTG) is $22.43.

What is Pure Storage Inc price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Pure Storage Inc (PSTG) is 277.79

What is Pure Storage Inc price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Pure Storage Inc (PSTG) is 13.67

What is Pure Storage Inc dividend yield?

The dividend yield of Pure Storage Inc (PSTG) is 0.00%

What is the Market Cap of Pure Storage Inc?

The market capitalization of Pure Storage Inc (PSTG) is $16.64B

What is Pure Storage Inc’s stock symbol?

The stock symbol (or ticker) of Pure Storage Inc is PSTG

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