Market Watch: Fastly Inc (FSLY)’s Noteworthy Gain, Closing at 10.52

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As of close of business last night, Fastly Inc’s stock clocked out at $10.52, up 3.24% from its previous closing price of $10.19. In other words, the price has increased by $3.24 from its previous closing price. On the day, 2.08 million shares were traded. FSLY stock price reached its highest trading level at $10.64 during the session, while it also had its lowest trading level at $10.23.

Ratios:

To gain a deeper understanding of FSLY’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.97 and its Current Ratio is at 3.97. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.40.

Piper Sandler Downgraded its Overweight to Neutral on August 08, 2024, whereas the target price for the stock was revised from $10 to $6.

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 Jan 23 ’25 when Bergman Artur sold 31,551 shares for $10.31 per share. The transaction valued at 325,291 led to the insider holds 3,394,136 shares of the business.

Bergman Artur sold 10,000 shares of FSLY for $101,200 on Jan 27 ’25. The Chief Technology Officer now owns 3,384,136 shares after completing the transaction at $10.12 per share. On Jan 16 ’25, another insider, KISLING RONALD W, who serves as the Chief Financial Officer of the company, sold 6,038 shares for $9.45 each. As a result, the insider received 57,059 and left with 519,812 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, FSLY now has a Market Capitalization of 1475956096 and an Enterprise Value of 1581511040. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.73 while its Price-to-Book (P/B) ratio in mrq is 1.52. Its current Enterprise Value per Revenue stands at 2.924 whereas that against EBITDA is -15.479.

Stock Price History:

The Beta on a monthly basis for FSLY is 1.24, which has changed by -0.5334249 over the last 52 weeks, in comparison to a change of 0.2000997 over the same period for the S&P500. Over the past 52 weeks, FSLY has reached a high of $25.87, while it has fallen to a 52-week low of $5.52. The 50-Day Moving Average of the stock is 8.31%, while the 200-Day Moving Average is calculated to be 28.48%.

Shares Statistics:

It appears that FSLY traded 3.33M shares on average per day over the past three months and 2388110 shares per day over the past ten days. A total of 140.08M shares are outstanding, with a floating share count of 128.32M. Insiders hold about 8.54% of the company’s shares, while institutions hold 63.06% stake in the company. Shares short for FSLY as of 1736899200 were 10036292 with a Short Ratio of 3.01, compared to 1734048000 on 10122011. Therefore, it implies a Short% of Shares Outstanding of 10036292 and a Short% of Float of 7.64.

Earnings Estimates

The market rating of Fastly Inc (FSLY) is currently shaped by the ongoing analysis conducted by 9.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.01, with high estimates of $0.02 and low estimates of -$0.06.

Analysts are recommending an EPS of between -$0.08 and -$0.12 for the fiscal current year, implying an average EPS of -$0.1. EPS for the following year is $0.03, with 11.0 analysts recommending between $0.16 and -$0.05.

Revenue Estimates

In the current quarter, 9 analysts expect revenue to total $138.63M. It ranges from a high estimate of $141.93M to a low estimate of $136.04M. As of the current estimate, Fastly Inc’s year-ago sales were $137.78MFor the next quarter, 9 analysts are estimating revenue of $137.14M. There is a high estimate of $142.85M for the next quarter, whereas the lowest estimate is $134.86M.

A total of 11 analysts have provided revenue estimates for FSLY’s current fiscal year. The highest revenue estimate was $545.03M, while the lowest revenue estimate was $539.14M, resulting in an average revenue estimate of $541.68M. In the same quarter a year ago, actual revenue was $505.99MBased on 11 analysts’ estimates, the company’s revenue will be $575.84M in the next fiscal year. The high estimate is $614.18M and the low estimate is $555.41M.

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