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: $11.69
  • 50 Day Moving Average: $11.66
  • 200 Day Moving Average: $12.59
  • 52-Week Range: $9.62 - $16.40
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -29.20
  • P/E Growth: -0.59
  • Market Cap: $2.34B
  • Outstanding Shares: 199,875,000
  • Beta: 0.78
Profitability:
  • Net Margins: -37.84%
  • Return on Equity: -41.13%
  • Return on Assets: -25.00%
Debt:
  • Current Ratio: 3.17%
  • Quick Ratio: 3.08%
Additional Links:
Companies Related to Pure Storage:

Analyst Ratings

Consensus Ratings for Pure Storage (NYSE:PSTG) (?)
Ratings Breakdown: 9 Hold Ratings, 17 Buy Ratings
Consensus Rating:Buy (Score: 2.65)
Consensus Price Target: $16.71 (43.05% upside)

Analysts' Ratings History for Pure Storage (NYSE:PSTG)
Show:
DateFirmActionRatingPrice TargetDetails
2/10/2017OTR GlobalUpgradePositiveView Rating Details
1/11/2017Oppenheimer Holdings, Inc.Reiterated RatingOutperform$17.00View Rating Details
1/5/2017BMO Capital MarketsUpgradeMarket Perform -> Outperform$14.00View Rating Details
12/4/2016BTIG ResearchReiterated RatingBuy$17.00View Rating Details
12/4/2016Barclays PLCReiterated RatingEqual Weight$16.00View Rating Details
12/4/2016J P Morgan Chase & CoReiterated RatingNeutral$13.00 -> $14.50View Rating Details
12/4/2016FBN SecuritiesReiterated RatingOutperform$19.00View Rating Details
12/4/2016Morgan StanleyReiterated RatingOverweight$21.00View Rating Details
12/2/2016Robert W. BairdReiterated RatingHold$12.60 -> $14.00View Rating Details
12/2/2016Raymond James Financial, Inc.Reiterated RatingOutperform$18.00 -> $17.00View Rating Details
12/1/2016Pacific CrestReiterated RatingBuy$18.00View Rating Details
12/1/2016Susquehanna Bancshares IncSet Price TargetHold$12.00 -> $13.00View Rating Details
12/1/2016JMP SecuritiesReiterated RatingBuyView Rating Details
12/1/2016Jefferies Group LLCReiterated RatingHold$13.00 -> $13.50View Rating Details
12/1/2016Needham & Company LLCReiterated RatingBuy$18.00View Rating Details
11/28/2016Stifel NicolausReiterated RatingBuy$20.00View Rating Details
10/21/2016Wells Fargo & CoReiterated RatingMarket Perform$13.00View Rating Details
8/26/2016KeyCorpBoost Price TargetOverweight$17.00 -> $18.00View Rating Details
8/26/2016William BlairReiterated RatingOutperformView Rating Details
6/29/2016MacquarieInitiated CoverageOutperform$15.00View Rating Details
6/23/2016Summit ResearchReiterated RatingHold$10.00View Rating Details
5/26/2016Deutsche Bank AGDowngradeOutperform -> Market Perform$13.00View Rating Details
5/26/2016Bank of America CorpBoost 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. (The)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
(Data available from 2/28/2015 forward)

Earnings

Earnings History for Pure Storage (NYSE:PSTG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/1/2017Q417($0.08)$224.37 millionN/AView Earnings Details
11/30/2016Q317($0.15)($0.10)$192.36 million$197.00 millionViewN/AView Earnings Details
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: $-0.56 EPS
Next Year EPS Consensus Estimate: $-0.40 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: 49.00%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/9/2017Michelangelo VolpiDirectorSell1,350,799$12.03$16,250,111.97View SEC Filing  
1/6/2017Michelangelo VolpiDirectorSell251,000$12.03$3,019,530.00View SEC Filing  
1/5/2017Michelangelo VolpiDirectorSell250,000$12.01$3,002,500.00View SEC Filing  
12/23/2016Timothy RiittersCFOSell4,900$11.75$57,575.00View SEC Filing  
12/22/2016Timothy RiittersCFOSell3,449$11.75$40,525.75View SEC Filing  
12/21/2016Michelangelo VolpiDirectorSell3,700$12.02$44,474.00View SEC Filing  
12/20/2016Michelangelo VolpiDirectorSell344,500$12.01$4,137,445.00View SEC Filing  
12/15/2016Timothy RiittersCFOSell5,000$11.94$59,700.00View SEC Filing  
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
zacks.com logoWhat's in the Cards for Pure Storage (PSTG) in Q4 Earnings? (NYSE:PSTG)
www.zacks.com - February 27 at 9:41 AM
capitalcube.com logoPure Storage, Inc. breached its 50 day moving average in a Bearish Manner : PSTG-US : February 27, 2017 (NYSE:PSTG)
www.capitalcube.com - February 27 at 9:41 AM
4-traders.com logoPure Storage : Data Storage Devices Stocks Under Review -- NetApp, Teradata, Quantum, and Pure Storage (NYSE:PSTG)
www.4-traders.com - February 24 at 8:35 PM
News IconData Storage Devices Stocks Under Review -- NetApp, Teradata, Quantum, and Pure Storage - Broadway World (NYSE:PSTG)
www.broadwayworld.com - February 24 at 8:20 AM
News IconIndicators in Focus on Pure Storage, Inc. (NYSE:PSTG) - The Standard (NYSE:PSTG)
6milestandard.com - February 24 at 8:20 AM
News IconStock Update on Earnings & Estimates for Pure Storage Inc (NYSE:PSTG) - Aiken Advocate (NYSE:PSTG)
aikenadvocate.com - February 24 at 8:20 AM
News IconAnalysts Near-Term outlook: Pure Storage, Inc. (PSTG), Valvoline Inc. (VVV) - The USA Commerce (NYSE:PSTG)
theusacommerce.com - February 24 at 8:20 AM
nasdaq.com logoFirst Week of PSTG April 21st Options Trading (NYSE:PSTG)
www.nasdaq.com - February 22 at 7:31 PM
us.rd.yahoo.com logoCohesity Unveils Native Integration With Pure Storage for Fast, Simple and Cost-Effective Data Protection and Recovery (NYSE:PSTG)
us.rd.yahoo.com - February 21 at 5:30 PM
capitalcube.com logoPure Storage, Inc. breached its 50 day moving average in a Bullish Manner : PSTG-US : February 14, 2017 (NYSE:PSTG)
www.capitalcube.com - February 14 at 11:55 PM
News IconForward Earnings Estimate of Pure Storage, Inc.(PSTG) - Highland Mirror (NYSE:PSTG)
www.highlandmirror.com - February 12 at 8:30 AM
finance.yahoo.com logoPure Storage Drives Continued Customer Innovation for Software-as-a-Service (NYSE:PSTG)
finance.yahoo.com - February 7 at 10:01 PM
finance.yahoo.com logoPure Storage to Announce Fourth Quarter and Fiscal Year 2017 Financial Results on March 1, 2017 (NYSE:PSTG)
finance.yahoo.com - February 7 at 10:01 PM
News IconHot Stocks Among Investors: General Dynamics Corporation (GD ... - Post Analyst (NYSE:PSTG)
postanalyst.com - February 7 at 8:45 AM
News IconStocks in Analyst Viewfinder: Pure Storage Inc (NYSE:PSTG), Twenty-First Century Fox, Inc. (NASDAQ:FOX) - Providence Standard (NYSE:PSTG)
providencestandard.com - February 4 at 7:25 PM
thestreet.com logo3 Small Cap-Growth Stocks for a Trump Economy (NYSE:PSTG)
us.rd.yahoo.com - February 3 at 8:15 PM
News IconTechnical Study: Following Indicators for Pure Storage Inc. (PSTG) - Springdale Times (NYSE:PSTG)
springdaletimes.com - January 31 at 1:02 AM
investing.com logoPure Storage In Inverse Head And Shoulders (NYSE:PSTG)
www.investing.com - January 30 at 8:18 AM
News IconTechnical Review on Shares of Pure Storage Inc. (PSTG) - Sherwood Daily (NYSE:PSTG)
sherwooddaily.com - January 28 at 7:28 PM
4-traders.com logoPure Storage : Announces General Availability & Customer Momentum for FlashBlade (NYSE:PSTG)
www.4-traders.com - January 26 at 2:19 AM
finance.yahoo.com logoPure Storage Announces General Availability & Customer Momentum for FlashBlade (NYSE:PSTG)
finance.yahoo.com - January 26 at 2:19 AM
4-traders.com logoPure Storage : The Top Enterprise Flash Storage Arrays of the Year Based on Real User Reviews (NYSE:PSTG)
www.4-traders.com - January 25 at 1:08 AM
News IconThe Technical Case for and Against Pure Storage, Inc. (PSTG) - The USA Commerce (NYSE:PSTG)
theusacommerce.com - January 24 at 8:27 AM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: Pure Storage, Inc. (NYSE:PSTG) - Wall Street Beacon (NYSE:PSTG)
wsbeacon.com - January 23 at 12:09 AM
News IconStock Spotter: Review on Technical Levels for Pure Storage Inc. (PSTG) - Springdale Times (NYSE:PSTG)
springdaletimes.com - January 18 at 12:50 AM
News IconWill The Needle Move For Pure Storage Inc (NYSE:PSTG) Shares This Earnings Season? - Wall Street Beacon (NYSE:PSTG)
wsbeacon.com - January 15 at 6:53 PM
News IconPure Storage, Inc. (PSTG) : How Do the Technicals Stack Up? - The USA Commerce (NYSE:PSTG)
theusacommerce.com - January 15 at 6:53 PM
News IconThe Pure Storage, Inc. (PSTG) Director Michelangelo Volpi Sold 250000 Shares (NYSE:PSTG)
diariocatolico.net - January 11 at 8:02 PM
marketexclusive.com logoInsider Trading Activity Pure Storage, Inc. (NYSE:PSTG) – Director Sold 251,000 shares of Stock (NYSE:PSTG)
marketexclusive.com - January 9 at 8:02 PM
capitalcube.com logoETFs with exposure to Pure Storage, Inc. : January 9, 2017 (NYSE:PSTG)
www.capitalcube.com - January 9 at 8:02 PM
marketexclusive.com logoInsider Trading Activity Pure Storage, Inc. (NYSE:PSTG) – Director Sold 250,000 shares of Stock (NYSE:PSTG)
marketexclusive.com - January 8 at 7:04 PM
streetinsider.com logoOppenheimer Reiterates Ouperform on Pure Storage, Inc. (PSTG) - StreetInsider.com (NYSE:PSTG)
www.streetinsider.com - January 6 at 8:05 PM
marketexclusive.com logoAnalyst Upgrades – Pure Storage (NYSE:PSTG) Stock Gets Upgraded By BMO Capital Markets from Market Perform to ... - Market Exclusive (NYSE:PSTG)
marketexclusive.com - January 6 at 1:27 AM
marketexclusive.com logoHome Stocks Analyst Ratings Analyst Upgrades – Pure Storage (NYSE:PSTG) Stock Gets Upgraded By BMO Capital... - Market Exclusive (NYSE:PSTG)
marketexclusive.com - January 5 at 8:26 PM
streetinsider.com logoUBS Reiterates Buy on Pure Storage, Inc. (PSTG) After Speaking with Management - StreetInsider.com (NYSE:PSTG)
www.streetinsider.com - January 5 at 1:15 AM
marketexclusive.com logoInsider Trading Activity Pure Storage Inc. (NYSE:PSTG) – CFO Sold 4,900 shares of Stock (NYSE:PSTG)
marketexclusive.com - December 28 at 7:15 PM
us.rd.yahoo.com logoWhy puts aren't bearish in Pure Storage (NYSE:PSTG)
us.rd.yahoo.com - December 27 at 7:08 PM
capitalcube.com logoETFs with exposure to Pure Storage, Inc. : December 27, 2016 (NYSE:PSTG)
www.capitalcube.com - December 27 at 7:08 PM
finance.yahoo.com logoWhy the puts aren't bearish in Pure Storage (NYSE:PSTG)
finance.yahoo.com - December 27 at 9:36 AM
marketexclusive.com logoInsider Trading Activity Pure Storage Inc. (NYSE:PSTG) – Director Sold 3,700 shares of Stock (NYSE:PSTG)
marketexclusive.com - December 25 at 9:26 AM
marketexclusive.com logoInsider Trading Activity Pure Storage Inc. (NYSE:PSTG) – CFO Sold 3,449 shares of Stock (NYSE:PSTG)
marketexclusive.com - December 24 at 12:30 AM
News IconInvestors are Watching Technical Levels on Shares of Pure Storage Inc. (PSTG) - StockTalk Daily (NYSE:PSTG)
stocktalkdaily.com - December 20 at 7:01 PM
News IconChecking the Levels on Shares of Pure Storage, Inc. (NYSE:PSTG ... - The Business Journal (NYSE:PSTG)
belmontbusinessjournal.com - December 20 at 7:01 PM
finance.yahoo.com logoPURE STORAGE, INC. Financials (NYSE:PSTG)
finance.yahoo.com - December 17 at 7:54 PM
capitalcube.com logoETFs with exposure to Pure Storage, Inc. : December 16, 2016 (NYSE:PSTG)
www.capitalcube.com - December 16 at 8:09 PM
finance.yahoo.com logoPure Storage Powers State and Local Agencies with New Levels of Data Center Efficiency and Innovation (NYSE:PSTG)
finance.yahoo.com - December 15 at 9:19 PM
News IconTechnical Study: Following Indicators for Pure Storage Inc. (PSTG) - StockTalk Daily (NYSE:PSTG)
stocktalkdaily.com - December 14 at 8:11 PM
nasdaq.com logoWhy Pure Storage (PSTG) Stock Might be a Great Pick - Nasdaq (NYSE:PSTG)
www.nasdaq.com - December 14 at 8:20 AM
News IconWhy Pure Storage (PSTG) Stock Might be a Great Pick - Yahoo News (NYSE:PSTG)
www.yahoo.com - December 13 at 7:44 PM
finance.yahoo.com logoWhy Pure Storage (PSTG) Stock Might be a Great Pick (NYSE:PSTG)
finance.yahoo.com - December 13 at 7:44 PM

Social

What is Pure Storage's stock symbol?

Pure Storage trades on the New York Stock Exchange (NYSE) under the ticker symbol "PSTG."

Where is Pure Storage's stock going? Where will Pure Storage's stock price be in 2017?

26 analysts have issued 12 month price objectives for Pure Storage's stock. Their forecasts range from $10.00 to $22.00. On average, they anticipate Pure Storage's stock price to reach $16.71 in the next twelve months.

When will Pure Storage announce their earnings?

Pure Storage is scheduled to release their next quarterly earnings announcement on Tuesday, February, 28th 2017.

What are analysts saying about Pure Storage stock?

Here are some recent quotes from research analysts about Pure Storage stock:

  • According to Zacks Investment Research, "Pure Storage, Inc. offers enterprise data storage platform. The company's storage platform provides Purity Operating Environment, a flash-optimized software; FlashArray, a modular and scalable all-flash array hardware and Pure1, a cloud-based management and support platform. It operates primarily in the United States, Europe and Asia. The company serves cloud-based software and service providers, consumer Web, education, energy, financial services, governments, healthcare, manufacturing, media, retail and telecommunications sectors. Pure Storage, Inc. is headquartered in Mountain View, California. " (1/17/2017)

  • Oppenheimer Holdings, Inc. analysts commented, "Our thesis is largely unchanged. We're bullish on Pure's progress toward CF break-even and profitability, and its ability to capitalize on differentiated technology, AFA growth, and on expansion opportunities with new products (especially FlashBlade), new customers, and internationally," (8/31/2016)

Who owns Pure Storage stock?

Pure Storage's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (3.60%), Franklin Resources Inc. (1.46%), Key Square Capital Management LLC (0.85%), Alyeska Investment Group L.P. (0.77%), State Street Corp (0.57%) and Two Sigma Investments LP (0.27%). Company insiders that own Pure Storage stock include Aneel Bhusri, Greylock Xiv Gp Llc, James N White, Michelangelo Volpi, Tiger Global Management Llc and Timothy Riitters.

Who sold Pure Storage stock? Who is selling Pure Storage stock?

Pure Storage's stock was sold by a variety of institutional investors in the last quarter, including Stanford Investment Group Inc., Putnam Investments LLC, FMR LLC, Marshall Wace LLP and Metropolitan Life Insurance Co. NY. Company insiders that have sold Pure Storage stock in the last year include Michelangelo Volpi, Tiger Global Management Llc and Timothy Riitters.

Who bought Pure Storage stock? Who is buying Pure Storage stock?

Pure Storage's stock was bought by a variety of institutional investors in the last quarter, including Key Square Capital Management LLC, Alyeska Investment Group L.P., Two Sigma Investments LP, Renaissance Technologies LLC, A.R.T. Advisors LLC, Intellectus Partners LLC, Menta Capital LLC and State Street Corp. Company insiders that have bought Pure Storage stock in the last two years include Aneel Bhusri, Greylock Xiv Gp Llc and James N White.

How do I buy Pure Storage stock?

Shares of Pure Storage can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Pure Storage stock cost?

One share of Pure Storage stock can currently be purchased for approximately $11.68.

Pure Storage (NYSE:PSTG) Chart for Tuesday, February, 28, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Pure Storage (NYSE:PSTG)

Earnings History Chart

Earnings by Quarter for Pure Storage (NYSE:PSTG)

Dividend History Chart

Dividend Payments by Quarter for Pure Storage (NYSE:PSTG)

Last Updated on 2/28/2017 by MarketBeat.com Staff