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: $11.61
  • 50 Day Moving Average: $12.29
  • 200 Day Moving Average: $12.84
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -11.16
  • P/E Growth: -0.34
  • Market Cap: $2.26B
  • Outstanding Shares: 194,411,000
Additional Links:
Companies Related to Pure Storage:

Analyst Ratings

Consensus Ratings for Pure Storage (NYSE:PSTG) (?)
Ratings Breakdown: 11 Hold Ratings, 15 Buy Ratings
Consensus Rating:Buy (Score: 2.58)
Consensus Price Target: $18.52 (59.53% upside)

Analysts' Ratings History for Pure Storage (NYSE:PSTG)
Show:
DateFirmActionRatingPrice TargetDetails
8/22/2016Robert W. BairdReiterated RatingNeutral$12.00View Rating Details
8/2/2016Wells Fargo & Co.Initiated CoverageMarket PerformView Rating Details
7/19/2016SusquehannaUpgradeNegative -> Neutral$10.00 -> $11.00View Rating Details
7/17/2016JMP SecuritiesReiterated RatingBuyView 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
5/27/2016Stifel NicolausReiterated RatingBuy$24.00 -> $20.00View Rating Details
5/26/2016Oppenheimer Holdings Inc.Reiterated RatingHoldView 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
5/26/2016Morgan StanleyReiterated RatingOverweight$25.00 -> $23.00View Rating Details
5/26/2016Needham & Company LLCReiterated RatingBuy$18.00View 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
5/26/2016BMO Capital MarketsDowngradeOutperform -> Market Perform$13.00View Rating Details
5/25/2016William BlairReiterated RatingOutperformView 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
3/3/2016Barclays PLCBoost Price TargetEqual Weight$17.00 -> $19.00View Rating Details
11/11/2015Sterne Agee CRTInitiated CoverageNeutral$20.00View Rating Details
11/6/2015Jefferies GroupLower Price TargetHold$20.00 -> $18.00View Rating Details
11/2/2015KeyCorpInitiated CoverageOverweight$24.00View 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 8/25/2014 forward)

Earnings

Earnings History for Pure Storage (NYSE:PSTG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/25/2016        
8/25/2016Q217($0.23)$155.14 millionN/AView 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: $-1.16 EPS
Next Year EPS Consensus Estimate: $-1.04 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)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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
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
News IconNotable Eye Catching Stocks: Pure Storage Inc (NYSE:PSTG), Brocade Communications Systems, Inc. (NASDAQ:BRCD) - NYSE Journal (press release) (NYSE:PSTG)
stockznews.com - August 23 at 11:29 AM
nasdaq.com logoWhat's in Store for Pure Storage (PSTG) in Q2 Earnings? - Nasdaq (NYSE:PSTG)
www.nasdaq.com - August 23 at 11:29 AM
streetinsider.com logoPure Storage, Inc. (PSTG): Cautious Into Earnings - Baird - StreetInsider.com (NYSE:PSTG)
www.streetinsider.com - August 23 at 11:29 AM
capitalcube.com logoPure Storage, Inc. breached its 50 day moving average in a Bearish Manner : PSTG-US : August 22, 2016 (NYSE:PSTG)
www.capitalcube.com - August 22 at 11:33 AM
bizjournals.com logoPure Storage stock plunges on doubts ahead of earnings (NYSE:PSTG)
www.bizjournals.com - August 19 at 6:51 PM
fool.com logoWhy Melco Crown, U.S. Steel, and Pure Storage Slumped Today (NYSE:PSTG)
www.fool.com - August 19 at 6:51 PM
marketnewsvideo.com logoNotable Thursday Option Activity: UBNT, PSTG, PERY (NYSE:PSTG)
www.marketnewsvideo.com - August 18 at 7:08 PM
4-traders.com logoPure Storage : Data Storage Devices Stocks Technical Reports -- NetApp, Teradata, Quantum, and Pure Storage (NYSE:PSTG)
www.4-traders.com - August 11 at 10:12 AM
News IconWorth Watching Stocks Alerts: Northern Trust Corporation (NASDAQ:NTRS), Pure Storage Inc (NYSE:PSTG) - NYSE Journal (press release) (NYSE:PSTG)
stockznews.com - August 10 at 10:03 AM
finance.yahoo.com logoPure Storage to Announce Second Quarter Fiscal 2017 Financial Results on August 25, 2016 (NYSE:PSTG)
finance.yahoo.com - August 4 at 10:08 AM
cnbc.com logoAmazon will be a trillion-dollar company, portfolio manager predicts (NYSE:PSTG)
www.cnbc.com - August 3 at 10:13 AM
finance.yahoo.com logoCoverage initiated on Pure Storage by Wells Fargo (NYSE:PSTG)
finance.yahoo.com - August 2 at 7:18 PM
finance.yahoo.com logoSeagate (STX) Q4 Earnings: Can the Stock Pull a Surprise? (NYSE:PSTG)
finance.yahoo.com - July 29 at 9:14 AM
News IconPure Storage Inc (NYSE:PSTG): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:PSTG)
www.engelwooddaily.com - July 22 at 6:48 PM
News IconAnalysts Take on Earnings: Pure Storage Inc (NYSE:PSTG), Lincoln Electric Holdings, Inc. (NASDAQ:LECO), Paycom ... - Engelwood Daily (NYSE:PSTG)
www.engelwooddaily.com - July 22 at 6:48 PM
fortune.com logoNotable Analyst Coverage: Pure Storage Inc (NYSE:PSTG), Hancock Holding Company (NASDAQ:HBHC) - Review Fortune (NYSE:PSTG)
reviewfortune.com - July 22 at 6:48 PM
News IconYouGov Surveys are up to 80 Percent Faster With Pure Storage (NYSE:PSTG)
www.pressreleasepoint.com - July 22 at 9:53 AM
4-traders.com logoPure Storage : Appoints Vik Nagjee as VP and CTO of Global Healthcare Solutions (NYSE:PSTG)
www.4-traders.com - July 22 at 9:53 AM
fidaily.com logoCreative Planning Sold A Lot More Pure Storage, Inc. Class A Comm (PSTG) Stock In The Last Quarter - Finance Daily (NYSE:PSTG)
www.fidaily.com - July 21 at 7:16 PM
News IconEquity Roundup: Stock Performance Focus on Pure Storage Inc (NYSE:PSTG) - Press Telegraph (NYSE:PSTG)
presstelegraph.com - July 21 at 7:16 PM
capitalcube.com logoPure Storage, Inc. breached its 50 day moving average in a Bullish Manner : PSTG-US : July 21, 2016 (NYSE:PSTG)
www.capitalcube.com - July 21 at 8:15 AM
News IconShares Positive Over the Past Month: Pure Storage, Inc. (NYSE:PSTG) - TGP (NYSE:PSTG)
telanaganapress.com - July 20 at 9:49 AM
fortune.com logoAnalysts Upgrade of the Day: Pure Storage Inc (NYSE:PSTG) - Review Fortune (NYSE:PSTG)
reviewfortune.com - July 20 at 9:49 AM
finance.yahoo.com logoPure Storage Appoints Vik Nagjee as VP and CTO of Global Healthcare Solutions (NYSE:PSTG)
finance.yahoo.com - July 20 at 9:00 AM
News IconWaitrose Runs Crucial Data Analysis with Pure Storage, Reduces Datacentre Footprint by 75 Percent (NYSE:PSTG)
www.pressreleasepoint.com - July 19 at 7:06 PM
blogs.barrons.com logoSusquehanna Ups Pure Storage to Hold, Ups 2018 Estimates (NYSE:PSTG)
blogs.barrons.com - July 19 at 9:26 AM
News IconPure Storage Inc (NYSE:PSTG) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:PSTG)
www.engelwooddaily.com - July 17 at 11:05 AM
News IconConsensus Target and Stock Rating Report: Pure Storage Inc (NYSE:PSTG) - Telanagana Press (NYSE:PSTG)
telanaganapress.com - July 15 at 5:59 PM
News IconAnalyst Target and Average Rating Watch: Pure Storage Inc (NYSE:PSTG) - Press Telegraph (NYSE:PSTG)
presstelegraph.com - July 15 at 5:59 PM
News IconHow Many Pure Storage Inc (NYSE:PSTG)'s Analysts Are Bearish? - Consumer Eagle (NYSE:PSTG)
www.consumereagle.com - July 15 at 5:59 PM
News IconPure Storage Inc (NYSE:PSTG) Wall Street Analyst Recommendation Outlook - Telanagana Press (NYSE:PSTG)
telanaganapress.com - July 13 at 9:52 AM
finance.yahoo.com logoPure Storage Earns NIAP Common Criteria Certification (NYSE:PSTG)
finance.yahoo.com - July 13 at 9:00 AM
finance.yahoo.com logoPure Storage to Hold Investor Discussion Hosted by Stifel Nicolaus (NYSE:PSTG)
finance.yahoo.com - July 11 at 9:00 AM
News IconCan Pure Storage Inc (NYSE:PSTG) Improve on the Earnings Front? - Engelwood Daily (NYSE:PSTG)
www.engelwooddaily.com - July 9 at 10:06 AM
fiscalstandard.com logoBroker Outlook For Pure Storage (NYSE:PSTG) - Fiscal Standard (NYSE:PSTG)
www.fiscalstandard.com - July 9 at 10:06 AM
News IconBaird Initiates Coverage on Pure Storage Inc to Neutral - TheFounders Daily (NYSE:PSTG)
www.thefoundersdaily.com - July 8 at 9:50 AM
News IconMacquarie Initiates Coverage on Pure Storage Inc to Outperform - TheFounders Daily (NYSE:PSTG)
www.thefoundersdaily.com - July 8 at 9:50 AM
News IconPerformance Recap and Target Perspective on Pure Storage Inc (NYSE:PSTG) - Press Telegraph (NYSE:PSTG)
presstelegraph.com - July 8 at 9:50 AM
News IconCompany Stock Focus for Pure Storage Inc (NYSE:PSTG): Which Way Will Shares Head? - Press Telegraph (NYSE:PSTG)
presstelegraph.com - July 8 at 9:50 AM
finance.yahoo.com logoPure Storage to Hold Investor Discussion Hosted by UBS (NYSE:PSTG)
finance.yahoo.com - July 5 at 3:11 PM
News IconPure Storage Inc (NYSE:PSTG) Earnings Glance and Target Price Review - Engelwood Daily (NYSE:PSTG)
www.engelwooddaily.com - July 2 at 9:41 AM
News IconEarnings Estimates to see: Pure Storage, Inc. (NYSE:PSTG) - News Oracle (NYSE:PSTG)
www.newsoracle.com - July 2 at 9:41 AM
News IconRobert W. Baird Initiates Coverage on Pure Storage Inc (PSTG) (NYSE:PSTG)
www.lightwaveonline.com - June 30 at 7:12 PM
thestreet.com logoWhy Pure Storage (PSTG) Stock Closed Up Today (NYSE:PSTG)
www.thestreet.com - June 29 at 4:10 PM
News IconPure Storage Inc (NYSE:PSTG) Company Rating and Target Watch - Telanagana Press (NYSE:PSTG)
telanaganapress.com - June 29 at 9:44 AM

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Pure Storage (NYSE:PSTG) Chart for Thursday, August, 25, 2016


Last Updated on 8/25/2016 by MarketBeat.com Staff