Gen Digital Inc. (NASDAQ:GEN) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Gen Digital Inc. (NASDAQ:GEN) have been given a consensus recommendation of “Moderate Buy” by the nine analysts that are covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $35.7143.

Several research analysts have issued reports on GEN shares. Royal Bank Of Canada boosted their target price on Gen Digital from $32.00 to $33.00 and gave the company a “sector perform” rating in a research report on Friday, August 8th. B. Riley started coverage on Gen Digital in a research report on Monday, July 14th. They set a “buy” rating and a $46.00 target price for the company. Wells Fargo & Company boosted their target price on Gen Digital from $37.00 to $40.00 and gave the company an “overweight” rating in a research report on Friday, August 8th. Weiss Ratings restated a “hold (c+)” rating on shares of Gen Digital in a research report on Wednesday. Finally, Evercore ISI started coverage on Gen Digital in a research report on Tuesday, July 1st. They set an “outperform” rating and a $35.00 target price for the company.

Gen Digital Trading Down 0.2%

Shares of NASDAQ GEN opened at $27.24 on Thursday. The business’s 50 day moving average is $29.57 and its two-hundred day moving average is $28.48. The company has a debt-to-equity ratio of 3.63, a current ratio of 0.50 and a quick ratio of 0.50. Gen Digital has a 1-year low of $22.74 and a 1-year high of $32.22. The stock has a market capitalization of $16.78 billion, a P/E ratio of 28.08, a PEG ratio of 0.92 and a beta of 0.94.

Gen Digital (NASDAQ:GEN) last announced its earnings results on Thursday, August 7th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.04. Gen Digital had a return on equity of 57.99% and a net margin of 14.12%.The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the business earned $0.53 earnings per share. The company’s revenue for the quarter was up 30.3% compared to the same quarter last year. Gen Digital has set its Q2 2026 guidance at 0.600-0.620 EPS. FY 2026 guidance at 2.490-2.560 EPS. As a group, research analysts expect that Gen Digital will post 2.05 EPS for the current year.

Gen Digital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Monday, August 18th were issued a $0.125 dividend. The ex-dividend date was Monday, August 18th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.8%. Gen Digital’s payout ratio is presently 51.55%.

Institutional Trading of Gen Digital

A number of large investors have recently modified their holdings of GEN. Cullen Frost Bankers Inc. purchased a new stake in Gen Digital during the second quarter worth $32,000. CYBER HORNET ETFs LLC purchased a new stake in Gen Digital during the second quarter worth $44,000. Catalyst Capital Advisors LLC lifted its holdings in Gen Digital by 117.6% during the first quarter. Catalyst Capital Advisors LLC now owns 1,580 shares of the company’s stock worth $42,000 after buying an additional 854 shares during the period. MUFG Securities EMEA plc purchased a new stake in Gen Digital during the second quarter worth $47,000. Finally, Geneos Wealth Management Inc. lifted its holdings in Gen Digital by 221.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock worth $46,000 after buying an additional 1,183 shares during the period. Hedge funds and other institutional investors own 81.38% of the company’s stock.

About Gen Digital

Gen Digital Inc engages in the provision of cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers security and performance products under Norton, Avast, Avira, AVG, and CCleaner brands that provide real-time protection and maintenance for PCs, Macs, and mobile devices against malware, viruses, adware, and other online threats.