NYSE
PSTG

Pure Storage Inc

Computer Hardware
Technology

Prices are adjusted according to historical splits.

Pure Storage Inc Stock Price

Vitals

Today's Low:
$38.19
Today's High:
$39.4
Open Price:
$38.8
52W Low:
$22.14
52W High:
$40.5
Prev. Close:
$39.18
Volume:
2349793

Company Statistics

Market Cap.:
$12.05 billion
Book Value:
3.187
Revenue TTM:
$2.76 billion
Operating Margin TTM:
0.45%
Gross Profit TTM:
$1.90 billion
Profit Margin:
-0.03%
Return on Assets TTM:
0.25%
Return on Equity TTM:
-0.1%

Company Profile

Pure Storage Inc had its IPO on 2015-10-07 under the ticker symbol PSTG.

The company operates in the Technology sector and Computer Hardware industry. Pure Storage Inc has a staff strength of 5,100 employees.

Stock update

Shares of Pure Storage Inc opened at $38.8 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $38.19 - $39.4, and closed at $38.29.

This is a -2.27% slip from the previous day's closing price.

A total volume of 2,349,793 shares were traded at the close of the day’s session.

In the last one week, shares of Pure Storage Inc have slipped by -0.18%.

Pure Storage Inc's Key Ratios

Pure Storage Inc has a market cap of $12.05 billion, indicating a price to book ratio of 10.9004 and a price to sales ratio of 3.2132.

In the last 12-months Pure Storage Inc’s revenue was $2.76 billion with a gross profit of $1.90 billion and an EBITDA of $126.24 million. The EBITDA ratio measures Pure Storage Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Pure Storage Inc’s operating margin was 0.45% while its return on assets stood at 0.25% with a return of equity of -0.1%.

In Q2.3333333333333, Pure Storage Inc’s quarterly earnings growth was a positive 376% while revenue growth was a positive 6.5%.

Pure Storage Inc’s PE and PEG Ratio

Forward PE
21.692
Trailing PE
0
PEG
5.5673

Its diluted EPS in the last 12-months stands at $-0.01 per share while it has a forward price to earnings multiple of 21.692 and a PEG multiple of 5.5673. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Pure Storage Inc’s profitability.

Pure Storage Inc stock is trading at a EV to sales ratio of 3.2952 and a EV to EBITDA ratio of 55.9937. Its price to sales ratio in the trailing 12-months stood at 3.2132.

Pure Storage Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$3.13 billion
Total Liabilities
$1.20 billion
Operating Cash Flow
$0
Capital Expenditure
$55.11 million
Dividend Payout Ratio
0%

Pure Storage Inc ended 2024 with $3.13 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.13 billion while shareholder equity stood at $986.33 million.

Pure Storage Inc ended 2024 with $0 in deferred long-term liabilities, $1.20 billion in other current liabilities, 2610513000.00 in common stock, $-1611578000.00 in retained earnings and $361.43 million in goodwill. Its cash balance stood at $408.90 million and cash and short-term investments were $1.23 billion. The company’s total short-term debt was $41,697,000 while long-term debt stood at $100.00 million.

Pure Storage Inc’s total current assets stands at $2.04 billion while long-term investments were $0 and short-term investments were $819.78 million. Its net receivables were $525.26 million compared to accounts payable of $98.01 million and inventory worth $47.50 million.

In 2024, Pure Storage Inc's operating cash flow was $0 while its capital expenditure stood at $55.11 million.

Comparatively, Pure Storage Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$38.29
52-Week High
$40.5
52-Week Low
$22.14
Analyst Target Price
$40.53

Pure Storage Inc stock is currently trading at $38.29 per share. It touched a 52-week high of $40.5 and a 52-week low of $40.5. Analysts tracking the stock have a 12-month average target price of $40.53.

Its 50-day moving average was $37.53 and 200-day moving average was $30.26 The short ratio stood at 2.38 indicating a short percent outstanding of 0%.

Around 598% of the company’s stock are held by insiders while 8466.7% are held by institutions.

Frequently Asked Questions About Pure Storage Inc

The stock symbol (also called stock or share ticker) of Pure Storage Inc is PSTG

The IPO of Pure Storage Inc took place on 2015-10-07

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About

Pure Storage, Inc., together with its subsidiaries, 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. The company also provides FlashBlade, a solution for unstructured data workloads of various types; FlashStack that combines compute, network, and storage to provide an infrastructure platform; FlashRecover, an all-flash modern data protection solution; and AIRI, a full-stack AI-ready infrastructure. In addition, it offers evergreen storage subscription and Cloud Block Store, as well as Portworx a cloud-native Kubernetes data management solution It also offers technical and professional, training and education, and certification services. The company 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 Mountain View, California.

Address

650 Castro Street, Mountain View, CA, United States, 94041