The closing price of JFrog Ltd (NASDAQ: FROG) was $37.45 for the day, down -2.98% from the previous closing price of $38.60. On the day, 987055 shares were traded.
Ratios:
Our analysis of FROG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 55.17. For the most recent quarter (mrq), Quick Ratio is recorded 2.42 and its Current Ratio is at 2.42. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, KeyBanc Capital Markets on March 19, 2024, initiated with a Overweight rating and assigned the stock a target price of $52.
On December 21, 2023, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $32 to $42.
On September 28, 2023, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $29.Scotiabank initiated its Sector Perform rating on September 28, 2023, with a $29 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 05 ’24 when Notman Tali sold 6,000 shares for $42.60 per share. The transaction valued at 255,600 led to the insider holds 522,348 shares of the business.
Simon Frederic sold 35,000 shares of FROG for $1,490,705 on Mar 19 ’24. The Director now owns 4,689,432 shares after completing the transaction at $42.59 per share. On Mar 08 ’24, another insider, Landman Yoav, who serves as the CHIEF TECHNOLOGY OFFICER of the company, sold 40,000 shares for $42.47 each. As a result, the insider received 1,698,737 and left with 6,771,371 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 11.38 while its Price-to-Book (P/B) ratio in mrq is 5.85.
Stock Price History:
Over the past 52 weeks, FROG has reached a high of $48.81, while it has fallen to a 52-week low of $17.11.
Shares Statistics:
A total of 106.11M shares are outstanding, with a floating share count of 86.79M. Insiders hold about 18.36% of the company’s shares, while institutions hold 61.59% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by Frontline Plc analysts. The consensus estimate for the next quarter is $37.45, with high estimates of $1.35 and low estimates of $110.19.
Analysts are recommending an EPS of between $Energy and $Technology for the fiscal current year, implying an average EPS of $Technology.
