Everpure, Inc. (P) – What Are Researchers Saying About This Stock?

Everpure, Inc. (NYSE:P) has been given a consensus recommendation of “Moderate Buy” by the twenty-one brokerages that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and seventeen have given a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $140.00.

P has been the subject of several recent research reports. Wall Street Zen downgraded Everpure from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 12th. Oppenheimer reiterated an “outperform” rating and set a $140.00 target price on shares of Everpure in a research report on Thursday, August 20th. Barclays lifted their target price on shares of Everpure from $110.00 to $132.00 and gave the stock an “equal weight” rating in a research report on Friday, September 25th. Zacks Research lowered shares of Everpure from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Finally, Guggenheim restated a “buy” rating and issued a $150.00 price target on shares of Everpure in a research report on Thursday, September 24th.

Everpure News Summary

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: AI and hyperscale growth remain the primary catalysts. Recent coverage points to expanding enterprise-storage demand, new hyperscale solutions and opportunities beyond traditional storage, including a potentially larger market in India as AI adoption accelerates. Everpure six-month rally and outlook
• Positive Sentiment: Management is emphasizing sustained enterprise momentum. Everpure’s CEO said the company has been gaining enterprise market share for 14 years, while executives are urging partners to pursue broader data-management and software opportunities. These comments reinforce expectations for continued growth beyond core storage hardware. Everpure CEO enterprise market-share comments
• Positive Sentiment: Needham raised its price target from $150 to $185 and maintained a Buy rating. The revision reflects confidence that hyperscale solutions and modern data software can expand Everpure’s long-term total addressable market. Needham price-target increase
• Neutral Sentiment: Valuation is a significant risk. Everpure trades at more than 200 times earnings, and analysts expect continued rapid growth to justify the premium. Its latest reported quarter was strong, with revenue up 37.7% year over year and earnings well above estimates, but expectations are now elevated. Everpure valuation analysis
• Negative Sentiment: Director Mallun Yen sold approximately $1.76 million of stock. The sale reduced her position by 27.59%, although it was conducted under a pre-arranged Rule 10b5-1 trading plan and therefore may be less significant than discretionary selling. Everpure director stock sale filing

Insider Buying and Selling at Everpure

In other news, insider John Colgrove sold 200,000 shares of Everpure stock in a transaction on Monday, August 10th. The shares were sold at an average price of $96.98, for a total transaction of $19,396,000.00. Following the transaction, the insider owned 6,474,080 shares in the company, valued at approximately $627,856,278.40. The trade was a 3.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ajay Singh sold 42,930 shares of the business’s stock in a transaction on Thursday, September 24th. The stock was sold at an average price of $124.17, for a total transaction of $5,330,618.10. Following the completion of the sale, the insider directly owned 288,362 shares in the company, valued at approximately $35,805,909.54. This represents a 12.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 947,444 shares of company stock valued at $99,631,875 in the last ninety days. Insiders own 5.10% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of P. Wedmont Private Capital increased its position in Everpure by 52.6% during the 3rd quarter. Wedmont Private Capital now owns 10,213 shares of the company’s stock valued at $1,336,000 after purchasing an additional 3,522 shares during the period. Gainplan LLC bought a new position in Everpure during the 3rd quarter worth approximately $462,000. GAMMA Investing LLC raised its holdings in Everpure by 30.4% during the 3rd quarter. GAMMA Investing LLC now owns 11,951 shares of the company’s stock worth $1,563,000 after purchasing an additional 2,783 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of Everpure by 12.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,562 shares of the company’s stock worth $466,000 after purchasing an additional 389 shares during the period. Finally, CoreCap Advisors LLC lifted its position in shares of Everpure by 225.3% in the 3rd quarter. CoreCap Advisors LLC now owns 1,438 shares of the company’s stock worth $188,000 after purchasing an additional 996 shares during the period. 83.42% of the stock is owned by institutional investors.

Everpure Price Performance

Shares of P stock opened at $154.75 on Wednesday. Everpure has a twelve month low of $56.78 and a twelve month high of $157.05. The stock’s fifty day moving average price is $110.18. The company has a market cap of $51.57 billion, a price-to-earnings ratio of 211.99, a P/E/G ratio of 5.15 and a beta of 1.39.

Everpure (NYSE:P) last posted its earnings results on Wednesday, August 26th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.19 by $0.51. Everpure had a return on equity of 19.06% and a net margin of 5.94%. The firm had revenue of $1.19 billion during the quarter. The company’s revenue was up 37.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Everpure will post 0.95 earnings per share for the current fiscal year.

About Everpure

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.