Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $90.52 in the prior trading day, Akamai Technologies Inc (NASDAQ: AKAM) closed at $90.50, down -0.02%. In other words, the price has decreased by -$0.02 from its previous closing price. On the day, 1.14 million shares were traded. AKAM stock price reached its highest trading level at $90.94 during the session, while it also had its lowest trading level at $89.5501.
Ratios:
Our goal is to gain a better understanding of AKAM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.97. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.68.
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 this company, UBS on December 16, 2024, initiated with a Neutral rating and assigned the stock a target price of $110.
On December 02, 2024, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $120.
HSBC Securities Upgraded its Hold to Buy on November 11, 2024, while the target price for the stock was maintained at $121.
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 Jan 15 ’25 when Joseph Paul C sold 4,000 shares for $91.57 per share. The transaction valued at 366,280 led to the insider holds 23,104 shares of the business.
Joseph Paul C bought 4,000 shares of AKAM for $366,280 on Jan 15 ’25. On Dec 16 ’24, another insider, McGowan Edward J, who serves as the Chief Financial Officer of the company, sold 10,782 shares for $98.71 each. As a result, the insider received 1,064,283 and left with 12,716 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, AKAM now has a Market Capitalization of 13595544576 and an Enterprise Value of 16546583552. As of this moment, Akamai’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.81, and their Forward P/E ratio for the next fiscal year is 13.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.43 while its Price-to-Book (P/B) ratio in mrq is 2.84. Its current Enterprise Value per Revenue stands at 4.172 whereas that against EBITDA is 14.795.
Stock Price History:
The Beta on a monthly basis for AKAM is 0.65, which has changed by -0.24802661 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, AKAM has reached a high of $129.17, while it has fallen to a 52-week low of $84.70. The 50-Day Moving Average of the stock is -4.33%, while the 200-Day Moving Average is calculated to be -6.78%.
Shares Statistics:
The stock has traded on average 1.84M shares per day over the past 3-months and 1533550 shares per day over the last 10 days, according to various share statistics. A total of 150.62M shares are outstanding, with a floating share count of 147.40M. Insiders hold about 1.88% of the company’s shares, while institutions hold 96.69% stake in the company. Shares short for AKAM as of 1735603200 were 9218814 with a Short Ratio of 5.00, compared to 1732838400 on 8988668. Therefore, it implies a Short% of Shares Outstanding of 9218814 and a Short% of Float of 7.12.
