The closing price of Farfetch Limited (NYSE: FTCH) was $5.00 for the day, down -6.02% from the previous closing price of $5.32. In other words, the price has decreased by -$0.3200 from its previous closing price. On the day, 12480514 shares were traded. FTCH stock price reached its highest trading level at $5.2900 during the session, while it also had its lowest trading level at $4.9700.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Our analysis of FTCH’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 1.76 whereas as Long-Term Debt/Eq ratio is at 1.70.
Upgrades & Downgrades
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FTCH now has a Market Capitalization of 1.72B and an Enterprise Value of 2.09B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 3.07. Its current Enterprise Value per Revenue stands at 0.89 whereas that against EBITDA is -13.32.
Stock Price History:
Over the past 52 weeks, FTCH has reached a high of $12.89, while it has fallen to a 52-week low of $3.64. The 50-Day Moving Average of the stock is 4.4174, while the 200-Day Moving Average is calculated to be 6.4958.
FTCH traded an average of 13.22M shares per day over the past three months and 24.01M shares per day over the past ten days. A total of 398.49M shares are outstanding, with a floating share count of 285.13M. Insiders hold about 2.09% of the company’s shares, while institutions hold 92.80% stake in the company. Shares short for FTCH as of May 14, 2023 were 26.27M with a Short Ratio of 36.15M, compared to 35.08M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 6.64% and a Short% of Float of 8.63%.
The firm’s stock currently is rated by 12 analysts. On average, analysts expect EPS of -$0.42 for the current quarter, with a high estimate of -$0.34 and a low estimate of -$0.5, while EPS last year was $0.18. The consensus estimate for the next quarter is -$0.35, with high estimates of -$0.24 and low estimates of -$0.46.
Analysts are recommending an EPS of between -$0.77 and -$1.87 for the fiscal current year, implying an average EPS of -$1.44. EPS for the following year is -$1.23, with 16 analysts recommending between -$0.86 and -$1.79.
It is expected that $90B in revenue will be generated in the current quarter, according to 14 analysts. It ranges from a high estimate of $667.1M to a low estimate of $607.28M. As of the current estimate, Farfetch Limited’s year-ago sales were $579.35M, an estimated increase of 11.30% from the year-ago figure.
A total of 23 analysts have provided revenue estimates for FTCH’s current fiscal year. The highest revenue estimate was $2.89B, while the lowest revenue estimate was $2.46B, resulting in an average revenue estimate of $2.75B. In the same quarter a year ago, actual revenue was $2.32B, up 18.80% from the average estimate. Based on 22 analysts’ estimates, the company’s revenue will be $3.42B in the next fiscal year. The high estimate is $3.98B and the low estimate is $2.84B. The average revenue growth estimate for next year is up 24.40% from the average revenue estimate for this year.