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The closing price of Cloudflare Inc (NYSE: NET) was $137.26 for the day, up 0.60% from the previous closing price of $136.44. In other words, the price has increased by $0.60 from its previous closing price. On the day, 2.95 million shares were traded. NET stock price reached its highest trading level at $139.5967 during the session, while it also had its lowest trading level at $135.8301.
Ratios:
Our analysis of NET’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 25.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 277.29. For the most recent quarter (mrq), Quick Ratio is recorded 3.37 and its Current Ratio is at 3.37. In the meantime, Its Debt-to-Equity ratio is 1.49 whereas as Long-Term Debt/Eq ratio is at 1.45.
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, Citigroup on January 17, 2025, Upgraded its rating to Buy and sets its target price to $145 from $95 previously.
On January 17, 2025, Cantor Fitzgerald started tracking the stock assigning a Neutral rating and target price of $111.
RBC Capital Mkts reiterated its Outperform rating for the stock on January 03, 2025, while the target price for the stock was revised from $99 to $123.
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 Jan 24 ’25 when Zatlyn Michelle sold 25,640 shares for $123.75 per share. The transaction valued at 3,172,847 led to the insider holds 0 shares of the business.
Zatlyn Michelle sold 25,640 shares of NET for $3,150,898 on Jan 23 ’25. The President and COO now owns 0 shares after completing the transaction at $122.89 per share. On Jan 22 ’25, another insider, Zatlyn Michelle, who serves as the President and COO of the company, sold 25,640 shares for $120.40 each. As a result, the insider received 3,087,055 and left with 0 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, NET now has a Market Capitalization of 47106805760 and an Enterprise Value of 46733684736. For the stock, the TTM Price-to-Sale (P/S) ratio is 29.96 while its Price-to-Book (P/B) ratio in mrq is 48.39. Its current Enterprise Value per Revenue stands at 29.726 whereas that against EBITDA is -1078.926.
Stock Price History:
The Beta on a monthly basis for NET is 1.12, which has changed by 0.6508167 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, NET has reached a high of $140.25, while it has fallen to a 52-week low of $66.24. The 50-Day Moving Average of the stock is 22.29%, while the 200-Day Moving Average is calculated to be 54.11%.
Shares Statistics:
NET traded an average of 3.03M shares per day over the past three months and 3377930 shares per day over the past ten days. A total of 305.39M shares are outstanding, with a floating share count of 300.37M. Insiders hold about 12.48% of the company’s shares, while institutions hold 75.76% stake in the company. Shares short for NET as of 1736899200 were 9369582 with a Short Ratio of 3.09, compared to 1734048000 on 8381159. Therefore, it implies a Short% of Shares Outstanding of 9369582 and a Short% of Float of 3.4299999999999997.
