Q1 EPS Estimates for Gen Digital Lowered by Zacks Research

Gen Digital Inc. (NASDAQ:GEN) – Analysts at Zacks Research reduced their Q1 2027 earnings per share (EPS) estimates for Gen Digital in a research report issued to clients and investors on Wednesday, October 15th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.61 per share for the quarter, down from their previous forecast of $0.63. The consensus estimate for Gen Digital’s current full-year earnings is $2.05 per share. Zacks Research also issued estimates for Gen Digital’s Q3 2027 earnings at $0.66 EPS and Q4 2027 earnings at $0.65 EPS.

Gen Digital (NASDAQ:GEN) last posted 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 company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the firm earned $0.53 earnings per share. The firm’s quarterly revenue 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.

Other equities research analysts also recently issued research reports about the company. Evercore ISI began coverage on Gen Digital in a report on Tuesday, July 1st. They issued an “outperform” rating and a $35.00 price target for the company. Wells Fargo & Company raised their price target on Gen Digital from $37.00 to $40.00 and gave the stock an “overweight” rating in a report on Friday, August 8th. Morgan Stanley raised their price target on Gen Digital from $25.00 to $32.00 and gave the stock an “equal weight” rating in a report on Tuesday, September 2nd. Jefferies Financial Group began coverage on Gen Digital in a report on Friday, October 3rd. They issued a “hold” rating and a $31.00 price target for the company. Finally, Wall Street Zen raised Gen Digital from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Gen Digital has an average rating of “Moderate Buy” and an average target price of $35.71.

Gen Digital Price Performance

GEN opened at $26.52 on Thursday. The business’s 50-day moving average is $29.25 and its two-hundred day moving average is $28.46. Gen Digital has a 1 year low of $22.74 and a 1 year high of $32.22. The company has a debt-to-equity ratio of 3.63, a current ratio of 0.50 and a quick ratio of 0.50. The firm has a market capitalization of $16.33 billion, a PE ratio of 27.34, a price-to-earnings-growth ratio of 0.89 and a beta of 0.94.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Optas LLC acquired a new position in Gen Digital in the third quarter valued at approximately $260,000. Vontobel Holding Ltd. lifted its holdings in Gen Digital by 1,275.2% in the third quarter. Vontobel Holding Ltd. now owns 95,836 shares of the company’s stock valued at $2,721,000 after acquiring an additional 88,867 shares during the period. Generali Investments CEE investicni spolecnost a.s. lifted its holdings in Gen Digital by 12.0% in the third quarter. Generali Investments CEE investicni spolecnost a.s. now owns 190,512 shares of the company’s stock valued at $5,409,000 after acquiring an additional 20,463 shares during the period. Hixon Zuercher LLC acquired a new position in Gen Digital in the third quarter valued at approximately $3,338,000. Finally, Wedge Capital Management L L P NC lifted its holdings in Gen Digital by 18.4% in the third quarter. Wedge Capital Management L L P NC now owns 196,141 shares of the company’s stock valued at $5,568,000 after acquiring an additional 30,462 shares during the period. 81.38% of the stock is owned by institutional investors and hedge funds.

Gen Digital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Monday, August 18th were issued a $0.125 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a $0.50 dividend on an annualized basis and a yield of 1.9%. Gen Digital’s payout ratio is presently 51.55%.

Gen Digital Company Profile

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.