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Assessing Samsara: Insights From 8 Financial Analysts
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Assessing Samsara: Insights From 8 Financial Analysts
Jun 28, 2024 7:31 AM

Analysts' ratings for Samsara over the last quarter vary from bullish to bearish, as provided by 8 analysts.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 2 3 0 0
Last 30D 1 0 0 0 0
1M Ago 1 2 3 0 0
2M Ago 0 0 0 0 0
3M Ago 1 0 0 0 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $41.38, with a high estimate of $47.00 and a low estimate of $36.00. This current average has decreased by 3.77% from the previous average price target of $43.00.

Decoding Analyst Ratings: A Detailed Look

The perception of Samsara by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Mark Schappel Loop Capital Maintains Buy $42.00 $42.00
Matthew Hedberg RBC Capital Maintains Outperform $47.00 $47.00
Matt Bullock B of A Securities Announces Buy $37.00 -
Daniel Jester BMO Capital Maintains Market Perform $40.00 $40.00
Matthew Hedberg RBC Capital Maintains Outperform $47.00 $47.00
James Fish Piper Sandler Lowers Neutral $36.00 $41.00
Kirk Materne Evercore ISI Group Lowers In-Line $40.00 $41.00
Mark Schappel Loop Capital Announces Buy $42.00 -

Key Insights:

Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Samsara. This information provides a snapshot of how analysts perceive the current state of the company.

Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Samsara compared to the broader market.

Price Targets: Understanding forecasts, analysts offer estimates for Samsara's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Samsara's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Samsara analyst ratings.

Discovering Samsara: A Closer Look

Samsara Inc ( IOT ) provides an end-to-end solution for operations: The solution connects physical operations data to the Connected Operations Cloud, which consists of the Data Platform and Application. Geographically, it derives a majority of its revenue from the United States.

Financial Milestones: Samsara's Journey

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3 months period, Samsara showcased positive performance, achieving a revenue growth rate of 37.4% as of 30 April, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.

Net Margin: Samsara's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -20.05%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Samsara's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -6.12%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -3.23%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.1.

The Core of Analyst Ratings: What Every Investor Should Know

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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