Everpure, Inc. (NYSE:P – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the twenty-one analysts that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and sixteen have given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $107.05.
Several equities research analysts recently commented on P shares. Wedbush lifted their price target on shares of Everpure from $105.00 to $127.00 and gave the stock an “outperform” rating in a research note on Friday. UBS Group upped their price objective on shares of Everpure from $63.00 to $70.00 and gave the company a “sell” rating in a research note on Thursday, May 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Everpure in a report on Friday, July 17th. Guggenheim lifted their target price on Everpure from $115.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $100.00 target price on shares of Everpure in a research report on Thursday, May 28th.
Get Our Latest Stock Report on Everpure
Everpure Stock Down 1.3%
Everpure (NYSE:P – Get Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.07. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $997.88 million. Everpure had a return on equity of 15.97% and a net margin of 5.75%.The company’s revenue was up 35.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.29 earnings per share. Equities research analysts anticipate that Everpure will post 0.93 EPS for the current year.
Insider Buying and Selling
In other news, insider John Colgrove sold 64,815 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $117.44, for a total transaction of $7,611,873.60. Following the completion of the sale, the insider owned 6,074,080 shares in the company, valued at $713,339,955.20. This represents a 1.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ajay Singh sold 9,787 shares of the company’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $78.12, for a total transaction of $764,560.44. Following the transaction, the insider owned 340,939 shares of the company’s stock, valued at approximately $26,634,154.68. The trade was a 2.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 827,800 shares of company stock valued at $78,153,882 over the last 90 days. Insiders own 5.10% of the company’s stock.
Institutional Trading of Everpure
Hedge funds have recently modified their holdings of the business. One Capital Management LLC grew its position in Everpure by 1.0% during the third quarter. One Capital Management LLC now owns 14,750 shares of the company’s stock worth $1,236,000 after buying an additional 141 shares during the period. Rothschild Investment LLC lifted its position in shares of Everpure by 18.1% during the 4th quarter. Rothschild Investment LLC now owns 993 shares of the company’s stock valued at $67,000 after acquiring an additional 152 shares during the period. GraniteShares Advisors LLC boosted its stake in shares of Everpure by 2.3% during the 4th quarter. GraniteShares Advisors LLC now owns 6,918 shares of the company’s stock worth $464,000 after acquiring an additional 157 shares in the last quarter. Transamerica Financial Advisors LLC boosted its stake in shares of Everpure by 50.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 508 shares of the company’s stock worth $34,000 after acquiring an additional 170 shares in the last quarter. Finally, National Bank of Canada FI grew its holdings in shares of Everpure by 8.6% in the 3rd quarter. National Bank of Canada FI now owns 2,334 shares of the company’s stock worth $196,000 after acquiring an additional 184 shares during the period. 83.42% of the stock is owned by institutional investors and hedge funds.
More Everpure News
Here are the key news stories impacting Everpure this week:
- Positive Sentiment: Everpure was named a Leader in Gartner’s 2026 Magic Quadrant for Enterprise Storage Platforms, ranking highest in execution and furthest in vision for the second consecutive year. The recognition may strengthen the company’s credibility with enterprise customers and support future sales. Everpure Named a Leader in the 2026 Gartner Magic Quadrant
- Positive Sentiment: Wall Street expects fiscal Q2 revenue and earnings per share to rise year over year, helped by customer wins and momentum in Evergreen/One and Purity Fusion. Analysts are also looking for improvement in key operating metrics beyond headline revenue and EPS. Everpure Gears Up to Report Q2 Earnings Unlocking Q2 Potential of Everpure
- Positive Sentiment: Wedbush expects another “beat-and-raise” quarter, suggesting Everpure could exceed fiscal Q2 estimates and increase its outlook. TD Cowen also raised its price target to $170, implying substantial upside from recent trading levels. Everpure Expected to Post Beat-and-Raise Results TD Cowen Raises Everpure Price Target
- Neutral Sentiment: Everpure’s prior quarter featured revenue growth of 35.2% and an EPS beat, providing a favorable comparison for the upcoming report. However, investors still must wait for the actual results and management guidance.
- Negative Sentiment: The stock’s valuation remains demanding, with a very high earnings multiple, while expectations for a strong earnings beat and raised guidance appear largely reflected in the share price. Any miss or cautious outlook could prompt further profit-taking.
Everpure Company Profile
Pure Storage, Inc provides data storage technologies, products, and services in the United States and internationally. The company’s Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array.
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