For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Confluent Inc (NASDAQ: CFLT) closed at $28.65 down -11.02% from its previous closing price of $32.20. In other words, the price has decreased by -$11.02 from its previous closing price. On the day, 7.73 million shares were traded.
Ratios:
For a deeper understanding of Confluent Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1008.38. For the most recent quarter (mrq), Quick Ratio is recorded 3.91 and its Current Ratio is at 3.91. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 1.15.
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, UBS on February 26, 2025, Upgraded its rating to Buy and sets its target price to $38 from $34 previously.
On January 16, 2025, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $33 to $30.
On September 04, 2024, Robert W. Baird started tracking the stock assigning a Neutral rating and target price of $23.Robert W. Baird initiated its Neutral rating on September 04, 2024, with a $23 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 06 ’25 when EDWARD JAY KREPS bought 465,000 shares for $32.20 per share.
Narkhede Neha sold 40,000 shares of CFLT for $1,227,311 on Mar 03 ’25. The Director now owns 20,247 shares after completing the transaction at $30.68 per share. On Mar 03 ’25, another insider, Sivaram Rohan, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 11,000 shares for $31.14 each. As a result, the insider received 342,552 and left with 701,403 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 9.93 while its Price-to-Book (P/B) ratio in mrq is 9.92.
Stock Price History:
Over the past 52 weeks, CFLT has reached a high of $37.90, while it has fallen to a 52-week low of $17.79. The 50-Day Moving Average of the stock is -4.52%, while the 200-Day Moving Average is calculated to be 8.89%.
Shares Statistics:
A total of 271.79M shares are outstanding, with a floating share count of 257.71M. Insiders hold about 22.85% of the company’s shares, while institutions hold 69.80% stake in the company.
