Gen Digital Inc. (GEN) Stock

About Gen Digital Inc.

Gen Digital Inc. delivers a wide array of cyber safety solutions for individual users across the globe, with operations spanning the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific region, and Japan. Its flagship offering, Norton 360, is a subscription-based, all-in-one cyber protection platform safeguarding PCs, Macs, and mobile devices from a wide spectrum of online dangers like malware, viruses, ransomware, and adware. The company also offers Norton and LifeLock's identity theft protection, which includes proactive monitoring, timely alerts, and professional restoration assistance should identity fraud occur. To bolster online privacy and security, its Norton Secure VPN creates an encrypted tunnel for data, ensuring anonymity. The Privacy Monitor Assistant provides a specialized service where experts assist users in removing their personal data from online data brokers. Home Title Protect helps safeguard property by detecting potential fraud and alerting homeowners. Furthermore, Gen Digital provides Avira Security, another robust portfolio of cybersecurity and privacy tools tailored for consumers. Additional products include Dark Web Monitoring, which continuously scans illicit online spaces for the personal information of Norton 360 subscribers. Its Social Media Monitoring tool enhances the security of social profiles by watching for account takeovers, suspicious activity, and unsuitable content. AntiTrack is designed to preserve digital privacy by blocking online trackers and obscuring users' unique digital fingerprints. An Online Reputation Management service also aids in controlling personal search results, managing digital branding, and maintaining privacy. The company distributes and sells its offerings through a diverse network, including traditional retailers, telecommunications companies, hardware manufacturers (OEMs), employee benefit programs, and its own e-commerce platform. Founded in 1982 and headquartered in Tempe, Arizona, the company adopted its current name, Gen Digital Inc., in November 2022, having previously operated as NortonLifeLock Inc.

Gen Digital Inc. is led by CEO Vincent Pilette, employs 3,900 people, headquartered in Tempe, US, publicly traded since 1989.

Gen Digital Inc. (GEN) stock trades at $27.58 with a market capitalization of $16.62B. The stock is valued at a price-to-earnings (P/E) ratio of 15.94, price-to-book of 5.73, price-to-sales of 3.01. Over the past 52 weeks the stock has ranged between $17.78 and $32.22, and currently trades 14.4% below its 52-week high. It pays a dividend yielding 2.00%.

On profitability, Gen Digital Inc. generates a return on equity (ROE) of 39.88% — well above the market average, a sign of a high-quality business, return on capital employed of 82.54%, an operating margin of 43.10%, a net profit margin of 19.46%.

In its most recent fiscal year, Gen Digital Inc. reported annual revenue of $5.0B, net profit of $973.0M, revenue has compounded at 14.4% a year over the last five years, profit at 11.9% a year.

The balance sheet shows a debt-to-equity ratio of 3.16 — a leveraged balance sheet worth monitoring, a current ratio of 0.40, total assets of $15.6B, $402.0M in cash and equivalents.

GEN has an average daily trading volume of 6,960,000 shares, a beta of 1.21.

Official website: www.gendigital.com