NYSE:PSTG - Pure Storage Stock Price, Price Target & More

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$24.19 -0.27 (-1.10 %)
(As of 06/21/2018 07:42 AM ET)
Previous Close$24.46
Today's Range$24.10 - $24.89
52-Week Range$11.99 - $25.62
Volume2.71 million shs
Average Volume4.67 million shs
Market Capitalization$5.65 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.35
Pure Storage logoPure Storage, Inc. engages in building a data platform that enables businesses to enhance performance and reduce complexity and costs worldwide. The company delivers its data platform through Purity Operating Environment, an optimized software for solid-state memory that offers enterprise-class storage and protocol services; FlashArray and FlashBlade optimized hardware products for solid-state memory to enhance the performance and density of flash, optimize its advanced software services, and reduce solution cost for customers; Pure1, a cloud-based management and support software; and FlashStack, a converged infrastructure solution. Its data platform is used for a range of use cases, including database applications, large-scale analytics, private and public cloud infrastructure, Webscale applications, virtual server infrastructure, and virtual desktop infrastructure; and helps customers scale their businesses through real-time and accurate analytics, increase employee productivity, improve operational efficiency, and deliver compelling user experiences to their customers and partners. The company serves large and mid-size organizations across various industries, such as cloud-based software and service providers, consumer Web, education, energy, financial services, government, healthcare, manufacturing, media, retail, and telecommunications through a network of distribution 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 founded in 2009 and is headquartered in Mountain View, California.

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Industry, Sector and Symbol

Industry Computer storage devices
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:PSTG
CUSIPN/A
Phone800-379-7873

Debt

Debt-to-Equity Ratio0.68
Current Ratio4.34
Quick Ratio4.22

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.02 billion
Price / Sales5.46
Cash FlowN/A
Price / CashN/A
Book Value$2.74 per share
Price / Book8.83

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$-177,600,000.00
Net Margins-16.38%
Return on Equity-35.13%
Return on Assets-15.85%

Miscellaneous

Employees2,100
Outstanding Shares230,880,000

Pure Storage (NYSE:PSTG) Frequently Asked Questions

What is Pure Storage's stock symbol?

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

How were Pure Storage's earnings last quarter?

Pure Storage Inc (NYSE:PSTG) issued its quarterly earnings data on Monday, May, 21st. The technology company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.05. The technology company earned $255.90 million during the quarter, compared to analysts' expectations of $251.06 million. Pure Storage had a negative return on equity of 35.13% and a negative net margin of 16.38%. Pure Storage's revenue was up 40.1% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.14) earnings per share. View Pure Storage's Earnings History.

When is Pure Storage's next earnings date?

Pure Storage is scheduled to release their next quarterly earnings announcement on Wednesday, August, 22nd 2018. View Earnings Estimates for Pure Storage.

What price target have analysts set for PSTG?

22 Wall Street analysts have issued 1 year price objectives for Pure Storage's shares. Their forecasts range from $13.50 to $30.00. On average, they expect Pure Storage's stock price to reach $23.3421 in the next year. View Analyst Ratings for Pure Storage.

Who are some of Pure Storage's key competitors?

Some companies that are related to Pure Storage include Western Digital (WDC), NetApp (NTAP), Seagate Technology (STX), Quantum (QTM) and US Gold (USAU).

Who are Pure Storage's key executives?

Pure Storage's management team includes the folowing people:
  • Mr. David M. Hatfield, Pres (Age 50)
  • Mr. John Colgrove, Founder, CTO & Director (Age 55)
  • Mr. Timothy Riitters, Chief Financial Officer (Age 45)
  • Mr. Charles H. Giancarlo, CEO & Director (Age 60)
  • Mr. John Hayes, Founder & Advisor

Has Pure Storage been receiving favorable news coverage?

Headlines about PSTG stock have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Pure Storage earned a media sentiment score of 0.03 on Accern's scale. They also assigned media headlines about the technology company an impact score of 46.17 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are Pure Storage's major shareholders?

Pure Storage's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.97%), Champlain Investment Partners LLC (1.38%), Millennium Management LLC (1.20%), Franklin Resources Inc. (0.78%), Blair William & Co. IL (0.76%) and Northern Trust Corp (0.56%). Company insiders that own Pure Storage stock include David Hatfield, James N White, John Colgrove, Michael L Speiser, Michelangelo Volpi, Scott Dietzen, Stefan A Dyckerhoff and Timothy Riitters. View Institutional Ownership Trends for Pure Storage.

Which institutional investors are selling Pure Storage stock?

PSTG stock was sold by a variety of institutional investors in the last quarter, including Glynn Capital Management LLC, Thornburg Investment Management Inc., Board of Trustees of The Leland Stanford Junior University, Picton Mahoney Asset Management, Needham Investment Management LLC, JPMorgan Chase & Co., First Republic Investment Management Inc. and Franklin Resources Inc.. Company insiders that have sold Pure Storage company stock in the last year include David Hatfield, James N White, John Colgrove, Michael L Speiser, Michelangelo Volpi, Scott Dietzen, Stefan A Dyckerhoff and Timothy Riitters. View Insider Buying and Selling for Pure Storage.

Which institutional investors are buying Pure Storage stock?

PSTG stock was acquired by a variety of institutional investors in the last quarter, including Blair William & Co. IL, Champlain Investment Partners LLC, Columbus Circle Investors, BlackRock Inc., Yale University, Hsbc Holdings PLC, Amundi Pioneer Asset Management Inc. and Barometer Capital Management Inc.. View Insider Buying and Selling for Pure Storage.

How do I buy shares of Pure Storage?

Shares of PSTG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Pure Storage's stock price today?

One share of PSTG stock can currently be purchased for approximately $24.19.

How big of a company is Pure Storage?

Pure Storage has a market capitalization of $5.65 billion and generates $1.02 billion in revenue each year. Pure Storage employs 2,100 workers across the globe.

How can I contact Pure Storage?

Pure Storage's mailing address is 650 CASTRO STREET SUITE 400, MOUNTAIN VIEW CA, 94041. The technology company can be reached via phone at 800-379-7873 or via email at [email protected]


MarketBeat Community Rating for Pure Storage (PSTG)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  415 (Vote Outperform)
Underperform Votes:  285 (Vote Underperform)
Total Votes:  700
MarketBeat's community ratings are surveys of what our community members think about Pure Storage and other stocks. Vote "Outperform" if you believe PSTG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PSTG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/21/2018 by MarketBeat.com Staff

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