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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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
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.
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.
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%.
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.
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.