Market Recap Check: Similarweb Ltd (SMWB)’s Positive Finish at 11.85, Up/Down 6.56

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The price of Similarweb Ltd (NYSE: SMWB) closed at $11.85 in the last session, up 6.56% from day before closing price of $11.12. In other words, the price has increased by $6.56 from its previous closing price. On the day, 0.86 million shares were traded. SMWB stock price reached its highest trading level at $11.88 during the session, while it also had its lowest trading level at $11.19.

Ratios:

We take a closer look at SMWB’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.82. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 0.69. In the meantime, Its Debt-to-Equity ratio is 1.57 whereas as Long-Term Debt/Eq ratio is at 1.24.

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, Needham on October 21, 2024, initiated with a Buy rating and assigned the stock a target price of $11.

On September 10, 2024, Northland Capital started tracking the stock assigning a Outperform rating and target price of $15.

Citigroup Upgraded its Neutral to Buy on February 15, 2024, whereas the target price for the stock was revised from $6 to $10.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 11 ’24 when Seror Benjamin bought 50,000 shares for $9.95 per share.

Offer Or bought 465 shares of SMWB for $4,269 on Aug 29 ’24. On Aug 28 ’24, another insider, Offer Or, who serves as the Officer of the company, bought 10,000 shares for $9.49 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMWB now has a Market Capitalization of 958994432 and an Enterprise Value of 843764352. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.18 while its Price-to-Book (P/B) ratio in mrq is 36.96. Its current Enterprise Value per Revenue stands at 3.649 whereas that against EBITDA is -1721.968.

Stock Price History:

Over the past 52 weeks, SMWB has reached a high of $11.27, while it has fallen to a 52-week low of $4.58. The 50-Day Moving Average of the stock is 31.36%, while the 200-Day Moving Average is calculated to be 45.62%.

Shares Statistics:

According to the various share statistics, SMWB traded on average about 273.23K shares per day over the past 3-months and 366370 shares per day over the past 10 days. A total of 78.65M shares are outstanding, with a floating share count of 43.86M. Insiders hold about 48.37% of the company’s shares, while institutions hold 21.90% stake in the company. Shares short for SMWB as of 1730332800 were 269138 with a Short Ratio of 0.99, compared to 1727654400 on 257258. Therefore, it implies a Short% of Shares Outstanding of 269138 and a Short% of Float of 0.77.

Earnings Estimates

A detailed examination of Similarweb Ltd (SMWB) is currently in progress, with 6.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.05, with high estimates of $0.06 and low estimates of $0.01.

Analysts are recommending an EPS of between $0.19 and $0.17 for the fiscal current year, implying an average EPS of $0.18. EPS for the following year is $0.26, with 6.0 analysts recommending between $0.35 and $0.15.

Revenue Estimates

According to 7 analysts, the current quarter’s revenue is expected to be $65.48M. It ranges from a high estimate of $66M to a low estimate of $65M. As of the current estimate, Similarweb Ltd’s year-ago sales were $56.76MFor the next quarter, 7 analysts are estimating revenue of $67.22M. There is a high estimate of $68.15M for the next quarter, whereas the lowest estimate is $65.8M.

A total of 7 analysts have provided revenue estimates for SMWB’s current fiscal year. The highest revenue estimate was $250.3M, while the lowest revenue estimate was $249M, resulting in an average revenue estimate of $249.75M. In the same quarter a year ago, actual revenue was $218.02MBased on 7 analysts’ estimates, the company’s revenue will be $285.37M in the next fiscal year. The high estimate is $290.1M and the low estimate is $276.8M.

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