Market Watch Highlights: JFrog Ltd (FROG) Ends on an Upturn Note at 29.32

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As of close of business last night, JFrog Ltd’s stock clocked out at $29.32, up 0.14% from its previous closing price of $29.28. In other words, the price has increased by $0.14 from its previous closing price. On the day, 0.86 million shares were traded. FROG stock price reached its highest trading level at $29.89 during the session, while it also had its lowest trading level at $29.01.

Ratios:

To gain a deeper understanding of FROG’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 5.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.99. For the most recent quarter (mrq), Quick Ratio is recorded 2.56 and its Current Ratio is at 2.56. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.

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 September 05, 2024, Reiterated its Buy rating but revised its target price to $33 from $30 previously.

On August 27, 2024, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $32.

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 Oct 11 ’24 when Landman Yoav sold 15,000 shares for $30.85 per share. The transaction valued at 462,757 led to the insider holds 6,612,242 shares of the business.

Shlomi Ben Haim sold 35,550 shares of FROG for $1,066,500 on Oct 10 ’24. The CHIEF EXECUTIVE OFFICER now owns 4,975,229 shares after completing the transaction at $30.00 per share. On Oct 11 ’24, another insider, Landman Yoav, who serves as the Officer of the company, bought 15,000 shares for $30.81 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FROG now has a Market Capitalization of 3246515712 and an Enterprise Value of 2664103424. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.32 while its Price-to-Book (P/B) ratio in mrq is 4.47. Its current Enterprise Value per Revenue stands at 6.844 whereas that against EBITDA is -52.748.

Stock Price History:

Over the past 52 weeks, FROG has reached a high of $48.81, while it has fallen to a 52-week low of $21.38. The 50-Day Moving Average of the stock is 2.84%, while the 200-Day Moving Average is calculated to be -16.36%.

Shares Statistics:

It appears that FROG traded 1.45M shares on average per day over the past three months and 753710 shares per day over the past ten days. A total of 106.11M shares are outstanding, with a floating share count of 91.93M. Insiders hold about 16.75% of the company’s shares, while institutions hold 67.71% stake in the company. Shares short for FROG as of 1728950400 were 3939462 with a Short Ratio of 2.72, compared to 1726185600 on 3272045. Therefore, it implies a Short% of Shares Outstanding of 3939462 and a Short% of Float of 4.2.

Earnings Estimates

A comprehensive evaluation of JFrog Ltd (FROG) is underway, with the input of 19.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.14, with high estimates of $0.19 and low estimates of $0.13.

Analysts are recommending an EPS of between $0.6 and $0.54 for the fiscal current year, implying an average EPS of $0.55. EPS for the following year is $0.65, with 19.0 analysts recommending between $0.75 and $0.53.

Revenue Estimates

In the current quarter, 18 analysts expect revenue to total $105.59M. It ranges from a high estimate of $106.31M to a low estimate of $105M. As of the current estimate, JFrog Ltd’s year-ago sales were $88.64MFor the next quarter, 18 analysts are estimating revenue of $114.01M. There is a high estimate of $114.65M for the next quarter, whereas the lowest estimate is $111.6M.

A total of 20 analysts have provided revenue estimates for FROG’s current fiscal year. The highest revenue estimate was $424M, while the lowest revenue estimate was $420.2M, resulting in an average revenue estimate of $423.03M. In the same quarter a year ago, actual revenue was $349.89MBased on 20 analysts’ estimates, the company’s revenue will be $500.71M in the next fiscal year. The high estimate is $510.19M and the low estimate is $488M.

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