PSTG:NYE-Pure Storage Inc (USD)

COMMON STOCK | Computer Hardware |

Last Closing

USD 51.15

Change

+1.43 (+2.88)%

Market Cap

USD 17.71B

Volume

1.94M

Analyst Target

USD 19.74
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Pure Storage, Inc. engages in the provision of data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. The company also provides FlashArray integrated hardware systems, including FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S and FlashBlade//E for managing and processing unstructured data workloads of various types from real-time log analytics and commercial high-performance computing (HPC) to data protection and recovery. In addition, it offers cloud-native storage solutions, such as Portworx by Pure Storage, a cloud-native Kubernetes data management solution; and Portworx Data Services, a Database-as-a-Service platform for Kubernetes. Further, the company provides Pure Fusion, a Software-as-a-Service (SaaS) management plane, which enables storage administrators to unify storage arrays and optimize storage pools; Evergreen Architecture comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions; and Cloud Block Store, a virtual block storage array, that provides customers the flexibility to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments. It sells its products and subscription services through direct sales force 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 incorporated in 2009 and is headquartered in Santa Clara, California.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-05 )

Largest Industry Peers for Computer Hardware

Symbol Name Price(Change) Market Cap
ANET Arista Networks

+10.24 (+2.59%)

USD 123.83B
DELL Dell Technologies Inc

+3.61 (+2.78%)

USD 83.88B
HPQ HP Inc

+0.65 (+1.81%)

USD 35.53B
IONQ IONQ Inc

+0.98 (+6.82%)

USD 3.61B
DDD 3D Systems Corporation

+0.09 (+2.69%)

USD 0.45B
QBTS D-Wave Quantum Inc.

+0.09 (+9.16%)

USD 0.21B
MKFG Markforged Holding Corp

-0.01 (-0.22%)

USD 0.09B
VLD Velo3D Inc

+0.11 (+10.58%)

USD 0.01B
UAVS Ageagle Aerial Systems Inc

+0.05 (+2.21%)

USD 1.91M
HYI Western Asset High Yield Defin..

-0.03 (-0.25%)

N/A

ETFs Containing PSTG

SKYY First Trust Cloud Computi.. 3.77 % 0.60 %

+1.68 (+0%)

USD 3.14B
SKYU:LSE First Trust Cloud Computi.. 3.75 % 0.00 %

+0.14 (+0%)

USD 0.38B
SKYE:XETRA First Trust Cloud Computi.. 3.62 % 0.00 %

+0.16 (+0%)

USD 0.37B
IDAT Ishares Trust - Cloud Dat.. 3.31 % 0.00 %

+0.49 (+0%)

USD 7.48M
SKYU ProShares Ultra Cloud Com.. 2.38 % 0.00 %

+0.94 (+0%)

USD 1.86M
SKYY:PA 1.45 % 0.00 %

N/A

N/A
SKYY:SW 1.45 % 0.00 %

N/A

N/A
IJK iShares S&P Mid-Cap 400 G.. 1.06 % 0.24 %

+1.35 (+0%)

USD 9.26B
SPX4:LSE SPDR® S&P 400 US Mid Cap.. 0.74 % 0.00 %

-0.10 (0%)

N/A
JMEE JPMorgan Market Expansion.. 0.65 % 0.00 %

+1.03 (+0%)

USD 1.42B
QVMM Invesco Exchange-Traded F.. 0.64 % 0.00 %

+0.43 (+0%)

USD 0.32B
IVOG Vanguard S&P Mid-Cap 400 .. 0.00 % 0.20 %

+1.87 (+0%)

USD 1.09B
MDYG SPDR® S&P 400 Mid Cap Gr.. 0.00 % 0.15 %

+1.30 (+0%)

N/A
SFYX SoFi Next 500 0.00 % 0.00 %

+0.08 (+0%)

USD 0.10B
VB Vanguard Small-Cap Index .. 0.00 % 0.05 %

+3.97 (+0%)

N/A
XTH 0.00 % 0.35 %

N/A

N/A
FSKY:LSE First Trust Cloud Computi.. 0.00 % 0.00 %

-3.50 (0%)

N/A
SKYP:LSE 0.00 % 0.00 %

N/A

N/A
SKYY:LSE 0.00 % 0.00 %

N/A

N/A
WDSC:LSE SPDR MSCI World Small Cap.. 0.00 % 0.00 %

+0.38 (+0%)

N/A
WOSC:LSE SPDR MSCI World Small Cap.. 0.00 % 0.00 %

-0.01 (0%)

N/A
5XYE:F 0.00 % 0.00 %

N/A

N/A
5XYE:XETRA 0.00 % 0.00 %

N/A

N/A
ZMID:CA BMO S&P US Mid Cap Index .. 0.00 % 0.00 %

N/A

N/A
BBMC JPMorgan BetaBuilders U.S.. 0.00 % 0.00 %

+1.45 (+0%)

USD 1.82B
IVES Amplify ETF Trust 0.00 % 0.00 %

N/A

USD 0.02B
THNQ Robo Global® Artificial .. 0.00 % 0.00 %

+0.41 (+0%)

USD 0.14B
BTEK 0.00 % 0.00 %

N/A

N/A
MIDE DBX ETF Trust - Xtrackers.. 0.00 % 0.00 %

+0.49 (+0%)

USD 6.11M

Market Performance

  Market Performance vs. Industry/Classification (Computer Hardware) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 43.44% 50% F 88% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 43.44% 50% F 89% A-
Trailing 12 Months  
Capital Gain 44.90% 58% F 84% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 44.90% 58% F 84% B
Trailing 5 Years  
Capital Gain 170.78% 86% B+ 90% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 170.78% 86% B+ 90% A-
Average Annual (5 Year Horizon)  
Capital Gain 36.22% 75% C 91% A-
Dividend Return 36.22% 75% C 90% A-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 34.75% 83% B 29% F
Risk Adjusted Return 104.25% 100% F 98% N/A
Market Capitalization 17.71B 70% C- 90% A-

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.