Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Fastly Inc’s stock clocked out at $12.52, down -0.87% from its previous closing price of $12.63. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 2.05 million shares were traded. FSLY stock price reached its highest trading level at $12.93 during the session, while it also had its lowest trading level at $12.46.
Ratios:
To gain a deeper understanding of FSLY’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.14 and its Current Ratio is at 3.14. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.40.
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, Piper Sandler on April 08, 2024, Upgraded its rating to Overweight and sets its target price to $16 from $19 previously.
On February 15, 2024, Craig Hallum Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $20.
Citigroup Upgraded its Sell to Neutral on January 22, 2024, whereas the target price for the stock was revised from $11 to $20.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 01 ’24 when KISLING RONALD W sold 12,000 shares for $12.92 per share. The transaction valued at 155,040 led to the insider holds 640,222 shares of the business.
Daniels Richard Devon sold 7,766 shares of FSLY for $98,318 on Mar 15 ’24. The Director now owns 34,328 shares after completing the transaction at $12.66 per share. On Feb 29 ’24, another insider, KISLING RONALD W, who serves as the Chief Financial Officer of the company, sold 1,192 shares for $14.33 each. As a result, the insider received 17,081 and left with 513,057 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 1680184064 and an Enterprise Value of 1790782976. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.32 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 3.539 whereas that against EBITDA is -13.552.
Stock Price History:
Over the past 52 weeks, FSLY has reached a high of $25.87, while it has fallen to a 52-week low of $11.61. The 50-Day Moving Average of the stock is -16.94%, while the 200-Day Moving Average is calculated to be -28.41%.
Shares Statistics:
It appears that FSLY traded 4.24M shares on average per day over the past three months and 3133120 shares per day over the past ten days. A total of 132.99M shares are outstanding, with a floating share count of 122.65M. Insiders hold about 8.61% of the company’s shares, while institutions hold 70.63% stake in the company. Shares short for FSLY as of 1711584000 were 10187331 with a Short Ratio of 2.40, compared to 1709164800 on 8331223. Therefore, it implies a Short% of Shares Outstanding of 10187331 and a Short% of Float of 8.17.
Earnings Estimates
Investors are eagerly awaiting the insights provided by First Solar, Inc. analysts currently analyzing and rating the stock of Fastly Inc (FSLY).The consensus estimate for the next quarter is $12.52, with high estimates of $20.44 and low estimates of $14.09.
EPS for the following year is $Stocks, with Stocks analysts recommending between $Stocks and $ETF.
