Now, the FactSet Research estimate calls for Q3 2017 earnings of US$-0.03. The highest EPS estimate is ($0.01) and the lowest is ($0.05). Evercore initiated Pure Storage Inc (NYSE:PSTG) rating on Monday, November 2. Pure Storage's revenue was up 37.6% on a year-over-year basis. sell-side analysts forecast that Pure Storage will post -0.97 EPS for the current year.
Pure Storage (NYSE:PSTG) last released its earnings results on Thursday, August 24th. The technology company reported ($0.11) EPS for the quarter, topping the Zacks' consensus estimate of ($0.31) by $0.20. The firm earned $197 million during the quarter, compared to analyst estimates of $192.36 million. The firm's quarterly revenue was up 37.6% compared to the same quarter previous year. (PSTG) - averaging the work of different analysts - reveals a mean PT of $17.22/share. Raymond James initiated Pure Storage Inc (NYSE:PSTG) on Monday, November 2 with "Outperform" rating. BidaskClub upgraded Pure Storage from a "sell" rating to a "hold" rating in a report on Tuesday, September 26th. KeyCorp reissued a "buy" rating on shares of Pure Storage in a report on Wednesday, November 1st. Bank of New York Mellon Corp now owns 217,941 shares of the company's stock worth $2,375,000 after buying an additional 127,444 shares in the last quarter. The average investment rating for PSTG on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 4.50 or a Moderate Buy. The company has an average rating of "Buy" and a consensus price target of $16.36.
WARNING: This story was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. The legal version of this article can be read at investing/pure-storage-inc-pstg-shares-sold-by-blackrock-advisors-llc/1113624.html.
How Have Domino's Pizza, Inc. (DPZ) Earnings Outlook Changed?
Finally, Beaufort Securities reiterated a "buy" rating on shares of Domino's Pizza in a research report on Sunday, July 31st. COPYRIGHT VIOLATION NOTICE: This piece was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal.
In other Pure Storage news, President David Hatfield sold 70,000 shares of the stock in a transaction on Wednesday, October 18th. The stock was sold at an average price of $14.56, for a total value of $72,800.00. Following the completion of the transaction, the president now directly owns 215,190 shares in the company, valued at approximately $3,154,685.40. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Timothy Riitters sold 5,000 shares of the stock in a transaction on Friday, September 8th. A low price-to-sales ratio, typically less than 1.0, is considered a good value. The disclosure for this sale can be found here. In the last three months, insiders sold 242,028 shares of company stock worth $3,773,235.
A number of hedge funds have recently added to or reduced their stakes in the business. Insiders own 46.58% of the company's stock. Renaissance Technologies LLC increased its stake in shares of Pure Storage by 480.2% during the first quarter. UBS Asset Management Americas Inc. now owns 26,500 shares of the technology company's stock worth $260,000 after acquiring an additional 9,100 shares during the period. Vanguard Group Inc. lifted its holdings in Pure Storage by 26.7% during the 2nd quarter. Renaissance Technologies LLC now owns 1,284,000 shares of the technology company's stock valued at $12,622,000 after buying an additional 1,062,700 shares during the period. Finally, California State Teachers Retirement System increased its position in Pure Storage by 110.1% in the second quarter. Finally, Marcus Capital LLC increased its stake in shares of Pure Storage by 57.6% during the second quarter. JPMorgan Chase & Co. now owns 69,105 shares of the technology company's stock worth $679,000 after acquiring an additional 24,817 shares during the period. The total number of shares traded in the last 90-day period is 1.26 million. Their 52-Week High and Low are noted here.
Pure Storage, Inc provides an enterprise data storage platform.
- Bank of Baroda Q2 profit falls 36% to Rs 355.4 crore
- Tracee Ellis Ross To Host The ABC '2017 American Music Awards'
- Roy Halladay remembered: Memorial today in Florida
- Shooting Victim, Cruiser Theft Suspect Knew One Another
- Centre to fund half of every uplift project in Balochistan: PM
- Sold 643 Shares Of Express Scripts Holding Company (ESRX)
- Majidi's Film to Open India Festival
- Brad Paisley adds tour date in Moline
- Church & Dwight Company (CHD) Position Increased by Ubs Asset Management Americas Inc
- Panthers' Funchess Delivers on Promise to Soldier's Family