GEN
Reported after the Bell Came right in the middle of guidance from last quarter with .53. up from .46 last year this time. Which is solid growth.
They are guiding q1 for $0.52-0.54 which is solid growth over adjusted eps of .47 in q1 of the previous period.
They earned $1.96 for the year, which is up 8% for the fy. But What I like is Guidance is supportive of faster Growth in the current FY (25) with guidance of $2.17-2.23, which represent faster growth than this year, and in line with the plan of consistent 12-15% long-term adjusted eps growth.
GEN a leading player on consumer cyber security is trading at just 9x the current FY, Which seems absurdly cheap, I think it should get a 15 multiple. which would put the stock in the low 30's. They also Added a few more customers this quarter as they are now adding customers again, and arpu was up sequentially despite fx headwinds which was a plus. I also like that Non gaap operating margins and retention rates continue to make progress towards the goals of 60 and 80% respectively.
Other factors, debt is starting to drop, as they continue to pay it down quarter after quarter, and they also continue to buyback shares. I think both of these are also positive things for GEN. Gen is one of my favorite stocks right now. A consistent 12-15% adjusted EPS grower in cyber security trading at 9x current adjusted eps guidance, with a broader market that has like a 20 PE seems to cheap to me. All is just my opinion, and I could always be wrong though.
