The closing price of JFrog Ltd (NASDAQ: FROG) was $44.79 for the day, down -0.02% from the previous closing price of $44.80. In other words, the price has decreased by -$0.01 from its previous closing price. On the day, 1274217 shares were traded. FROG stock price reached its highest trading level at $45.00 during the session, while it also had its lowest trading level at $43.79.
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 8.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 65.98. 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 the company, Morgan Stanley on December 21, 2023, Upgraded its rating to Overweight and sets its target price to $42 from $32 previously.
On September 28, 2023, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $29.
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 Feb 26 when Sela Yossi sold 4,797 shares for $43.82 per share. The transaction valued at 210,192 led to the insider holds 375,515 shares of the business.
Sela Yossi sold 18,488 shares of FROG for $807,018 on Feb 23. The Director now owns 0 shares after completing the transaction at $43.65 per share. On Feb 22, another insider, Sela Yossi, who serves as the Director of the company, sold 45,000 shares for $42.87 each. As a result, the insider received 1,929,190 and left with 380,312 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, FROG now has a Market Capitalization of 4.76B and an Enterprise Value of 4.24B. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.61 while its Price-to-Book (P/B) ratio in mrq is 7.00. Its current Enterprise Value per Revenue stands at 12.12 whereas that against EBITDA is -70.37.
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. The 50-Day Moving Average of the stock is 35.78, while the 200-Day Moving Average is calculated to be 28.77.
Shares Statistics:
FROG traded an average of 1.25M shares per day over the past three months and 2.9M shares per day over the past ten days. A total of 106.11M shares are outstanding, with a floating share count of 86.46M. Insiders hold about 18.67% of the company’s shares, while institutions hold 61.95% stake in the company. Shares short for FROG as of Feb 15, 2024 were 1.67M with a Short Ratio of 1.33, compared to 1.49M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.57% and a Short% of Float of 2.20%.
Earnings Estimates
The firm’s stock currently is rated by 13 analysts. On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.15 and a low estimate of $0.13, while EPS last year was $0.06. The consensus estimate for the next quarter is $0.14, with high estimates of $0.15 and low estimates of $0.12.
Analysts are recommending an EPS of between $0.64 and $0.58 for the fiscal current year, implying an average EPS of $0.6. EPS for the following year is $0.7, with 12 analysts recommending between $0.89 and $0.6.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 11 analysts. It ranges from a high estimate of $99M to a low estimate of $98.46M. As of the current estimate, JFrog Ltd’s year-ago sales were $79.82M, an estimated increase of 23.60% from the year-ago figure. For the next quarter, 12 analysts are estimating revenue of $103.13M, an increase of 24.30% over than the figure of $23.60% in the same quarter last year. There is a high estimate of $104.3M for the next quarter, whereas the lowest estimate is $102M.
A total of 13 analysts have provided revenue estimates for FROG’s current fiscal year. The highest revenue estimate was $428.05M, while the lowest revenue estimate was $426M, resulting in an average revenue estimate of $426.84M. In the same quarter a year ago, actual revenue was $349.89M, up 22.00% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $515.01M in the next fiscal year. The high estimate is $524.81M and the low estimate is $505M. The average revenue growth estimate for next year is up 20.70% from the average revenue estimate for this year.
