Pure Storage Company Profile (NYSE:PSTG)

About Pure Storage

Pure Storage logoPure Storage, Inc. provides an enterprise data storage platform. The Company's storage platform consists of approximately three integrated components, including the Purity Operating Environment, which is its flash-optimized software; FlashArray, which is its modular and scalable all-flash array hardware, and Pure1, which is its cloud-based management and support. The Company's customers include large and mid-size organizations across a diverse set of industry verticals, including cloud-based software and service providers, consumer Web, education, energy, financial services, governments, healthcare, manufacturing, media, retail and telecommunications. The Company's platform is used for a set of storage use cases, including database applications, private and public cloud infrastructure, virtual server infrastructure and virtual desktop infrastructure.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Data Storage Devices
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: PSTG
  • CUSIP:
Key Metrics:
  • Previous Close: $13.36
  • 50 Day Moving Average: $12.78
  • 200 Day Moving Average: $12.77
  • 52-Week Range: $9.62 - $20.60
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -30.36
  • P/E Growth: -0.62
  • Market Cap: $2.63B
  • Outstanding Shares: 196,608,000
Profitability:
  • Net Margins: -38.27%
  • Return on Equity: -38.48%
  • Return on Assets: -24.84%
Debt:
  • Current Ratio: 3.45%
  • Quick Ratio: 3.35%
Additional Links:
Companies Related to Pure Storage:

Analyst Ratings

Consensus Ratings for Pure Storage (NYSE:PSTG) (?)
Ratings Breakdown: 10 Hold Ratings, 16 Buy Ratings
Consensus Rating:Buy (Score: 2.62)
Consensus Price Target: $17.58 (31.61% upside)

Analysts' Ratings History for Pure Storage (NYSE:PSTG)
Show:
DateFirmActionRatingPrice TargetDetails
9/12/2016Morgan StanleyReiterated RatingBuy$21.00View Rating Details
9/9/2016Robert W. BairdReiterated RatingHoldView Rating Details
8/31/2016Oppenheimer Holdings Inc.UpgradeMarket Perform -> Outperform$15.00View Rating Details
8/29/2016Needham & Company LLCReiterated RatingBuyView Rating Details
8/26/2016Stifel NicolausReiterated RatingBuy$20.00View Rating Details
8/26/2016JMP SecuritiesReiterated RatingPositive$19.00View Rating Details
8/26/2016BMO Capital MarketsBoost Price TargetMarket Perform$13.00 -> $14.00View Rating Details
8/26/2016SusquehannaReiterated RatingNeutral$11.00 -> $12.00View Rating Details
8/26/2016KeyCorpBoost Price TargetOverweight$17.00 -> $18.00View Rating Details
8/26/2016Jefferies GroupBoost Price TargetHold$11.00 -> $13.00View Rating Details
8/26/2016William BlairReiterated RatingOutperformView Rating Details
8/26/2016Barclays PLCBoost Price TargetEqual Weight$15.00 -> $16.00View Rating Details
8/2/2016Wells Fargo & Co.Initiated CoverageMarket PerformView Rating Details
6/29/2016MacquarieInitiated CoverageOutperform$15.00View Rating Details
6/27/2016BTIG ResearchReiterated RatingBuy$17.00View Rating Details
6/23/2016Summit ResearchReiterated RatingHold$10.00View Rating Details
5/26/2016Raymond James Financial Inc.Reiterated RatingBuy$21.00 -> $20.00View Rating Details
5/26/2016Deutsche Bank AGDowngradeOutperform -> Market Perform$13.00View Rating Details
5/26/2016Bank of America Corp.Boost Price TargetBuy$18.00 -> $22.00View Rating Details
5/26/2016Maxim GroupLower Price TargetBuy$27.00 -> $20.00View Rating Details
3/3/2016Goldman Sachs Group Inc.Boost Price TargetNeutral$17.00 -> $18.00View Rating Details
3/3/2016Lake Street CapitalReiterated RatingBuy$20.00 -> $21.00View Rating Details
11/11/2015Sterne Agee CRTInitiated CoverageNeutral$20.00View Rating Details
11/2/2015Evercore ISIInitiated CoverageBuy$21.00View Rating Details
11/2/2015Pacific CrestInitiated CoverageOverweight$24.00View Rating Details
10/8/2015FBN SecuritiesInitiated CoverageOutperform$23.00View Rating Details
(Data available from 9/26/2014 forward)

Earnings

Earnings History for Pure Storage (NYSE:PSTG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/25/2016        
8/25/2016Q217($0.23)($0.16)$155.14 million$163.21 millionViewListenView Earnings Details
5/25/2016Q117($0.23)($0.22)$137.89 million$139.90 millionViewListenView Earnings Details
3/2/2016Q416($0.16)($0.12)$138.79 million$150.20 millionViewN/AView Earnings Details
12/3/2015Q316($0.30)($0.18)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Pure Storage (NYSE:PSTG)
Current Year EPS Consensus Estimate: $-0.63 EPS
Next Year EPS Consensus Estimate: $-0.44 EPS

Dividends

Dividend History for Pure Storage (NYSE:PSTG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Pure Storage (NYSE:PSTG)
Insider Ownership Percentage: 46.58%
Institutional Ownership Percentage: 49.91%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/21/2016Timothy RiittersCFOSell3,231$13.50$43,618.50View SEC Filing  
6/16/2016James N WhiteMajor ShareholderBuy66,000$10.12$667,920.00View SEC Filing  
4/4/2016Tiger Global Management LlcMajor ShareholderSell6,547,200$13.75$90,024,000.00View SEC Filing  
12/9/2015Aneel BhusriDirectorBuy206,887$17.95$3,713,621.65View SEC Filing  
12/9/2015Greylock Xiv Gp LlcMajor ShareholderBuy1,013,704$17.37$17,608,038.48View SEC Filing  
12/8/2015Aneel BhusriDirectorBuy1,175,125$17.01$19,988,876.25View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Pure Storage (NYSE:PSTG)
DateHeadline
4-traders.com logoPure Storage : to flaunt all-flash storage solutions at GITEX (NYSE:PSTG)
www.4-traders.com - September 25 at 6:09 PM
4-traders.com logoPure Storage : to unveil latest innovations at Gitex (NYSE:PSTG)
www.4-traders.com - September 22 at 11:42 AM
ft.com logo[$$] Pure Storage: Not whirr-king out (NYSE:PSTG)
www.ft.com - September 22 at 11:42 AM
finance.yahoo.com logoVetr: Pure Storage Rally To Continue (NYSE:PSTG)
finance.yahoo.com - September 21 at 6:29 PM
finance.yahoo.com logoPure Storage for a Pure Play Higher (NYSE:PSTG)
finance.yahoo.com - September 19 at 6:51 PM
News IconInvestment Analysts' Weekly Ratings Updates for Pure Storage ... - DailyQuint (NYSE:PSTG)
dailyquint.com - September 18 at 6:24 PM
finance.yahoo.com logoINVESTOR ALERT: Investigation of Pure Storage, Inc. Announced by Law Offices of Howard G. Smith (NYSE:PSTG)
finance.yahoo.com - September 15 at 6:57 PM
News IconLawsuit for Investors in Pure Storage Inc (NYSE:PSTG) shares announced by Shareholders Foundation (NYSE:PSTG)
virtual-strategy.com - September 14 at 11:14 AM
News IconSHAREHOLDER ALERT: Goldberg Law PC Announces the Filing of a Securities Class Action Lawsuit against Pure Storage, Inc. & Enc... (NYSE:PSTG)
ih.advfn.com - September 13 at 11:46 AM
thestreet.com logoGoldberg Law PC (the "Firm") announces a class action lawsuit has been filed against Pure Storage, Inc. (NYSE:PSTG)
www.thestreet.com - September 13 at 11:46 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Goldberg Law PC Announces the Filing of a Securities Class Action Lawsuit against Pure Storage, Inc. and Encourages Investors with Losses to Contact the Firm (NYSE:PSTG)
finance.yahoo.com - September 13 at 11:46 AM
News IconPure Storage Inc. (PSTG) Receives “Hold” Rating from Robert W. Baird (NYSE:PSTG)
www.nationaldailypress.com - September 12 at 6:33 PM
finance.yahoo.com logoThe Law Office of Robbins Arroyo LLP Announces That It Has Filed a Class Action Lawsuit Against Pure Storage, Inc. (PSTG) (NYSE:PSTG)
finance.yahoo.com - September 12 at 6:33 PM
wsj.com logo[$$] Why Investors Shouldn’t Bash Flash (NYSE:PSTG)
www.wsj.com - September 12 at 11:32 AM
prnewswire.com logoSHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Pure Storage, Inc. (PSTG) - PR Newswire (press release) (NYSE:PSTG)
www.prnewswire.com - September 10 at 11:05 AM
prnewswire.com logoSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims ... - PR Newswire (press release) (NYSE:PSTG)
www.prnewswire.com - September 10 at 11:05 AM
finance.yahoo.com logoPURE STORAGE, INC. Financials (NYSE:PSTG)
finance.yahoo.com - September 9 at 6:32 PM
4-traders.com logoPomerantz Law Firm Investigates Claims On Behalf of Investors of Pure Storage, Inc. - PSTG (NYSE:PSTG)
www.4-traders.com - September 9 at 11:40 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Pure Storage, Inc. (PSTG) (NYSE:PSTG)
finance.yahoo.com - September 9 at 11:40 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Pure Storage, Inc. - PSTG (NYSE:PSTG)
finance.yahoo.com - September 9 at 11:40 AM
businesswire.com logoINVESTOR ALERT: Goldberg Law PC Announces an Investigation ... - Business Wire (press release) (NYSE:PSTG)
www.businesswire.com - September 7 at 7:02 PM
businesswire.com logoGlancy Prongay & Murray LLP Commences Investigation on Behalf ... - Business Wire (press release) (NYSE:PSTG)
www.businesswire.com - September 7 at 7:02 PM
finance.yahoo.com logoGlancy Prongay & Murray LLP Commences Investigation on Behalf of Pure Storage, Inc. Investors (NYSE:PSTG)
finance.yahoo.com - September 7 at 7:02 PM
finance.yahoo.com logoINVESTOR ALERT: Goldberg Law PC Announces an Investigation of Claims against Pure Storage, Inc. and Advises Investors with Losses to Contact the Firm (NYSE:PSTG)
finance.yahoo.com - September 7 at 7:02 PM
capitalcube.com logoPure Storage, Inc. breached its 50 day moving average in a Bullish Manner : PSTG-US : September 7, 2016 (NYSE:PSTG)
www.capitalcube.com - September 7 at 10:27 AM
biz.yahoo.com logoPURE STORAGE, INC. Files SEC form 10-Q, Quarterly Report (NYSE:PSTG)
biz.yahoo.com - September 6 at 6:59 PM
News IconPure Storage Wins New Trial in EMC Patent Case (NYSE:PSTG)
ih.advfn.com - September 2 at 6:48 PM
News IconTech Stocks To Look Out For: Pure Storage, Inc. (PSTG), Sabre Corporation (SABR) - The Independent Republic (NYSE:PSTG)
theindependentrepublic.com - September 1 at 6:52 PM
247wallst.com logoOppenheimer Very Bullish on 3 Red-Hot Technology Stocks (NYSE:PSTG)
247wallst.com - September 1 at 6:52 PM
benzinga.com logoOppenheimer Bullish On Pure Storage, Upgrades To Outperform - Benzinga (NYSE:PSTG)
www.benzinga.com - September 1 at 10:02 AM
finance.yahoo.com logoPut selling sees floor in Pure Storage (NYSE:PSTG)
finance.yahoo.com - September 1 at 10:02 AM
News IconPost Earnings Coverage as Pure Storage Delivered Better Than Expected Q2 Earnings (NYSE:PSTG)
news.investornetwork.com - August 31 at 12:07 PM
thestreet.com logoPure Storage (PSTG) Stock Up, Oppenheimer Raises Rating (NYSE:PSTG)
www.thestreet.com - August 31 at 12:07 PM
istreetwire.com logoStocks in the Spotlight: Pure Storage, Inc. (PSTG), Clean Energy Fuels Corp. (CLNE), The AES Corporation (AES) - iStreetWire (NYSE:PSTG)
istreetwire.com - August 27 at 11:10 AM
finance.yahoo.com logoPure Storage reports 2Q loss - Yahoo Finance (NYSE:PSTG)
finance.yahoo.com - August 27 at 11:10 AM
thestreet.com logoPure Storage (PSTG) Stock Down Despite Solid Q2 Results (NYSE:PSTG)
www.thestreet.com - August 26 at 6:40 PM
News IconPure Storage: A Leader – Three Years in a Row (NYSE:PSTG)
www.purestorage.com - August 26 at 9:55 AM
schaeffersresearch.com logoAnalyst Upgrades: Alibaba Group Holding Ltd, Autodesk, Inc., and Pure Storage Inc (NYSE:PSTG)
www.schaeffersresearch.com - August 26 at 9:55 AM
fidaily.com logoPure Storage, Inc. Class A Comm (PSTG) – Susquehanna Maintains Rating And Raises Price Target (NYSE:PSTG)
www.fidaily.com - August 26 at 9:55 AM
4-traders.com logoPure Storage : Announces Second Quarter Fiscal 2017 Financial Results (NYSE:PSTG)
www.4-traders.com - August 25 at 7:06 PM
sg.finance.yahoo.com logoPure Storage reports 2Q loss (NYSE:PSTG)
sg.finance.yahoo.com - August 25 at 7:06 PM
thestreet.com logoPure Storage (PSTG) Stock Soars in After-Hours Trading on Q2 Beat (NYSE:PSTG)
www.thestreet.com - August 25 at 7:06 PM
cnbc.com logoAfter-hours buzz: GME, PSTG, SPLK & more (NYSE:PSTG)
www.cnbc.com - August 25 at 7:06 PM
News IconPure Storage: A Leader – Three Years of time in a Row (NYSE:PSTG)
www.southcarolinasc.com - August 25 at 12:03 PM
biz.yahoo.com logoQ2 2017 Pure Storage Inc Earnings Release - After Market Close (NYSE:PSTG)
biz.yahoo.com - August 25 at 12:03 PM
finance.yahoo.com logoWhat's in Store for Pure Storage (PSTG) in Q2 Earnings? - Yahoo Finance (NYSE:PSTG)
finance.yahoo.com - August 24 at 6:43 PM
publicnow.com logoPure Storage Announces First Quarter Fiscal 2017 Financial Results (NYSE:PSTG)
www.publicnow.com - August 24 at 9:58 AM
capitalcube.com logoETF’s with exposure to Pure Storage, Inc. : August 23, 2016 (NYSE:PSTG)
www.capitalcube.com - August 23 at 7:02 PM
thestreet.com logoWill Pure Storage (PSTG) Post Solid Q2 Results on Thursday? (NYSE:PSTG)
www.thestreet.com - August 23 at 7:02 PM
istreetwire.com logoThree Movers to Watch for: Pure Storage, Inc. (PSTG), Spectra Energy Corp. (SE), Fitbit Inc. (FIT) - iStreetWire (NYSE:PSTG)
istreetwire.com - August 23 at 11:29 AM

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Pure Storage (NYSE:PSTG) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff