Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
SoFi Technologies Inc (NASDAQ: SOFI) closed the day trading at $14.84 up 5.02% from the previous closing price of $14.13. In other words, the price has increased by $5.02 from its previous closing price. On the day, 40.69 million shares were traded. SOFI stock price reached its highest trading level at $14.85 during the session, while it also had its lowest trading level at $14.12.
Ratios:
For a better understanding of SOFI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 140.99. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.54.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on January 02, 2025, Downgraded its rating to Underperform and sets its target price to $8 from $7 previously.
On December 09, 2024, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $12.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 23 ’24 when Keough Kelli sold 8,914 shares for $15.59 per share. The transaction valued at 138,949 led to the insider holds 187,725 shares of the business.
Kelli Keough bought 27,013 shares of SOFI for $419,242 on Dec 23 ’24. On Dec 19 ’24, another insider, Rishel Jeremy, who serves as the Chief Technology Officer of the company, sold 64,991 shares for $15.72 each. As a result, the insider received 1,021,659 and left with 586,494 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, SOFI now has a Market Capitalization of 16103625728 and an Enterprise Value of 17067985920. As of this moment, SoFi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 125.44, and their Forward P/E ratio for the next fiscal year is 54.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.66 while its Price-to-Book (P/B) ratio in mrq is 2.63. Its current Enterprise Value per Revenue stands at 6.775.
Stock Price History:
Over the past 52 weeks, SOFI has reached a high of $17.19, while it has fallen to a 52-week low of $6.01. The 50-Day Moving Average of the stock is 3.86%, while the 200-Day Moving Average is calculated to be 62.98%.
Shares Statistics:
Over the past 3-months, SOFI traded about 53.39M shares per day on average, while over the past 10 days, SOFI traded about 39249620 shares per day. A total of 1.08B shares are outstanding, with a floating share count of 1.06B. Insiders hold about 2.08% of the company’s shares, while institutions hold 43.61% stake in the company. Shares short for SOFI as of 1734048000 were 135763327 with a Short Ratio of 2.54, compared to 1731628800 on 148717776. Therefore, it implies a Short% of Shares Outstanding of 135763327 and a Short% of Float of 13.18.
