(GEN) Gen Digital - Ratings and Ratios

Gen Digital Inc. is a leading provider of cyber safety solutions, offering a comprehensive suite of products and services designed to protect individuals, families, and small businesses from online threats. The companys portfolio includes renowned brands such as Norton, Avast, Avira, AVG, and CCleaner, which collectively provide security and performance management, identity protection, and online privacy solutions. With a rich history dating back to 1982, Gen Digital Inc. has established itself as a prominent player in the application software industry, headquartered in Tempe, Arizona.

As a result of its strategic rebranding in November 2022, formerly known as NortonLifeLock Inc., Gen Digital Inc. has positioned itself for future growth and expansion. The companys commitment to delivering cutting-edge cyber safety solutions is reflected in its robust technology platform, which underpins its diverse range of products and services. With a strong presence in the US market, Gen Digital Inc. is well-placed to capitalize on the increasing demand for cybersecurity solutions.

Analyzing the companys technical data, we observe a positive trend, with the stock price currently trading at $29.13, above its 20-day and 50-day moving averages. The Average True Range (ATR) indicates a moderate level of volatility, with a value of 0.63, equivalent to 2.18%. Considering the fundamental data, Gen Digital Inc.s market capitalization stands at $17.89 billion, with a price-to-earnings ratio of 28.00 and a forward P/E of 11.51, suggesting a relatively attractive valuation. The companys Return on Equity (RoE) is impressive, at 30.30%, indicating a strong ability to generate profits.

Based on the technical and fundamental data, our forecast suggests that Gen Digital Inc.s stock price is likely to continue its upward trend, potentially reaching the 52-week high of $31.42 in the near term. The companys strong brand portfolio, coupled with its robust technology platform and favorable industry trends, positions it for long-term success. As the demand for cybersecurity solutions continues to grow, Gen Digital Inc. is well-placed to capitalize on this trend, driven by its commitment to innovation and customer protection.