Gen Digital (NASDAQ:GEN) Announces FY 2027 Earnings Guidance

Gen Digital (NASDAQ:GEN) issued an update on its FY 2027 earnings guidance on Tuesday. The company provided EPS guidance of 2.970-2.970 for the period, compared to the consensus estimate of 2.870. The company issued revenue guidance of $5.5 billion-$5.5 billion, compared to the consensus revenue estimate of $5.4 billion. Gen Digital also updated its Q2 2027 guidance to 0.730-0.730 EPS.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Barclays increased their price target on Gen Digital from $27.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th. Weiss Ratings raised Gen Digital from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, July 15th. Royal Bank Of Canada lowered their target price on Gen Digital from $30.00 to $26.00 and set a “sector perform” rating on the stock in a research note on Friday. Wells Fargo & Company raised their target price on Gen Digital from $22.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, August 7th. Finally, Wall Street Zen cut Gen Digital from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $30.80.

Gen Digital Stock Down 3.6%

Shares of NASDAQ GEN opened at $20.85 on Tuesday. The firm has a market cap of $12.48 billion, a price-to-earnings ratio of 12.12, a price-to-earnings-growth ratio of 0.68 and a beta of 1.22. The company’s 50-day simple moving average is $28.40 and its 200-day simple moving average is $24.69. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 3.00. Gen Digital has a 52-week low of $17.78 and a 52-week high of $31.65.

Gen Digital (NASDAQ:GEN) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.02. Gen Digital had a net margin of 20.73% and a return on equity of 55.93%. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the company posted $0.64 EPS. Gen Digital’s quarterly revenue was up 6.3% compared to the same quarter last year. Gen Digital has set its FY 2027 guidance at 2.870-2.970 EPS and its Q2 2027 guidance at 0.710-0.730 EPS. Equities analysts predict that Gen Digital will post 2.64 EPS for the current fiscal year.

Gen Digital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Monday, August 17th were given a dividend of $0.1250 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Monday, August 17th. Gen Digital’s payout ratio is presently 29.07%.

Insider Activity at Gen Digital

In other news, Director Ondrej Vlcek sold 200,000 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $30.00, for a total transaction of $6,000,000.00. Following the completion of the sale, the director owned 3,332,904 shares of the company’s stock, valued at $99,987,120. This represents a 5.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Bryan Seuk Ko sold 28,248 shares of the company’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $30.67, for a total transaction of $866,366.16. Following the sale, the chief operating officer directly owned 744,262 shares of the company’s stock, valued at $22,826,515.54. The trade was a 3.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 558,508 shares of company stock valued at $16,356,093. 9.70% of the stock is owned by insiders.

Gen Digital Company Profile

Gen Digital Inc (NASDAQ: GEN) is a global cybersecurity and consumer safety company that provides products designed to help individuals and families protect their devices, online identities, personal information and digital privacy. The company serves customers through a portfolio of consumer-focused cybersecurity and privacy brands.

Its products and services include antivirus and device security, identity theft protection, virtual private networks, password management, online privacy tools, scam protection and family safety features.