For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, SoFi Technologies Inc’s stock clocked out at $7.16, down -0.56% from its previous closing price of $7.20. In other words, the price has decreased by -$0.56 from its previous closing price. On the day, 29.53 million shares were traded. SOFI stock price reached its highest trading level at $7.34 during the session, while it also had its lowest trading level at $7.12.
Ratios:
To gain a deeper understanding of SOFI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.56. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.96.
On April 05, 2024, Keefe Bruyette Upgraded its rating to Mkt Perform which previously was Underperform and also upped its target price recommendation from $6.50 to $7.50.
On April 03, 2024, Needham started tracking the stock assigning a Buy rating and target price of $10.Needham initiated its Buy rating on April 03, 2024, with a $10 target price.
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 Mar 19 ’24 when Rishel Jeremy sold 56,273 shares for $6.93 per share. The transaction valued at 389,972 led to the insider holds 390,616 shares of the business.
Rishel Jeremy sold 56,273 shares of SOFI for $550,350 on Dec 19 ’23. The Chief Technology Officer now owns 343,250 shares after completing the transaction at $9.78 per share. On Nov 21 ’23, another insider, Noto Anthony, who serves as the Chief Executive Officer of the company, bought 22,500 shares for $6.50 each. As a result, the insider paid 146,288 and bolstered with 7,261,789 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, SOFI now has a Market Capitalization of 7564468224 and an Enterprise Value of 9589110784. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.60 while its Price-to-Book (P/B) ratio in mrq is 1.33. Its current Enterprise Value per Revenue stands at 4.637.
Stock Price History:
Over the past 52 weeks, SOFI has reached a high of $11.70, while it has fallen to a 52-week low of $4.45. The 50-Day Moving Average of the stock is -7.73%, while the 200-Day Moving Average is calculated to be -12.51%.
Shares Statistics:
It appears that SOFI traded 55.51M shares on average per day over the past three months and 39816950 shares per day over the past ten days. A total of 1.06B shares are outstanding, with a floating share count of 977.88M. Insiders hold about 7.44% of the company’s shares, while institutions hold 32.88% stake in the company. Shares short for SOFI as of 1711584000 were 171644713 with a Short Ratio of 3.09, compared to 1709164800 on 154363575. Therefore, it implies a Short% of Shares Outstanding of 171644713 and a Short% of Float of 17.14.
Earnings Estimates
The current assessment of SoFi Technologies Inc (SOFI) involves the perspectives of SoFi Technologies, Inc. analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $100.14, with high estimates of $0.01 and low estimates of $49.98.
