The price of Fastly Inc. (NYSE: FSLY) closed at $14.82 in the last session, up 2.35% from day before closing price of $14.48. In other words, the price has increased by $+0.34 from its previous closing price. On the day, 2897615 shares were traded. FSLY stock price reached its highest trading level at $14.93 during the session, while it also had its lowest trading level at $13.97.
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Ratios:
We take a closer look at FSLY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 5.30 and its Current Ratio is at 5.30. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.75.
Upgrades & Downgrades
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 22 when Shirk Brett sold 7,000 shares for $13.42 per share. The transaction valued at 93,940 led to the insider holds 307,550 shares of the business.
Bergman Artur sold 19,311 shares of FSLY for $252,974 on May 17. The Chief Architect now owns 6,497,343 shares after completing the transaction at $13.10 per share. On May 16, another insider, Nightingale Todd, who serves as the CEO of the company, sold 74,084 shares for $13.17 each. As a result, the insider received 975,686 and left with 1,328,336 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FSLY now has a Market Capitalization of 1.50B and an Enterprise Value of 1.77B. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.32 while its Price-to-Book (P/B) ratio in mrq is 1.94. Its current Enterprise Value per Revenue stands at 3.95 whereas that against EBITDA is -17.82.
Stock Price History:
Over the past 52 weeks, FSLY has reached a high of $18.08, while it has fallen to a 52-week low of $7.15. The 50-Day Moving Average of the stock is 15.02, while the 200-Day Moving Average is calculated to be 11.26.
Shares Statistics:
According to the various share statistics, FSLY traded on average about 3.44M shares per day over the past 3-months and 2.8M shares per day over the past 10 days. A total of 125.42M shares are outstanding, with a floating share count of 111.62M. Insiders hold about 7.70% of the company’s shares, while institutions hold 63.00% stake in the company. Shares short for FSLY as of Apr 27, 2023 were 12.93M with a Short Ratio of 12.93M, compared to 12.37M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 10.18% and a Short% of Float of 11.01%.
Earnings Estimates
The company has 13 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.08 and a low estimate of -$0.11, while EPS last year was -$0.23. The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.04 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.22 and -$0.37 for the fiscal current year, implying an average EPS of -$0.26. EPS for the following year is -$0.07, with 12 analysts recommending between $0.07 and -$0.31.
Revenue Estimates
According to 11 analysts, the current quarter’s revenue is expected to be $118.67M. It ranges from a high estimate of $119.95M to a low estimate of $117.56M. As of the current estimate, Fastly Inc.’s year-ago sales were $102.52M, an estimated increase of 15.80% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $126.07M, an increase of 21.90% over than the figure of $15.80% in the same quarter last year. There is a high estimate of $128.9M for the next quarter, whereas the lowest estimate is $123.83M.
A total of 14 analysts have provided revenue estimates for FSLY’s current fiscal year. The highest revenue estimate was $505.63M, while the lowest revenue estimate was $495.06M, resulting in an average revenue estimate of $501.23M. In the same quarter a year ago, actual revenue was $432.73M, up 15.80% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $575.75M in the next fiscal year. The high estimate is $605.15M and the low estimate is $561.06M. The average revenue growth estimate for next year is up 14.90% from the average revenue estimate for this year.
