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Confluent Inc (NASDAQ: CFLT) closed the day trading at $32.54 down -2.08% from the previous closing price of $33.23. In other words, the price has decreased by -$2.08 from its previous closing price. On the day, 8.44 million shares were traded.
Ratios:
For a better understanding of CFLT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1145.36. For the most recent quarter (mrq), Quick Ratio is recorded 3.91 and its Current Ratio is at 3.91. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 1.15.
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, Morgan Stanley on January 16, 2025, Downgraded its rating to Equal-Weight and sets its target price to $30 from $33 previously.
On September 04, 2024, Robert W. Baird started tracking the stock assigning a Neutral rating and target price of $23.
JP Morgan Upgraded its Neutral to Overweight on August 09, 2024, while the target price for the stock was maintained at $25.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 20 ’25 when EDWARD JAY KREPS bought 232,500 shares for $33.23 per share.
Volpi Michelangelo sold 25,000 shares of CFLT for $905,379 on Feb 13 ’25. The Director now owns 292,079 shares after completing the transaction at $36.22 per share. On Feb 13 ’25, another insider, Sivaram Rohan, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 68,350 shares for $36.23 each. As a result, the insider received 2,476,193 and left with 520,273 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 11.28 while its Price-to-Book (P/B) ratio in mrq is 11.27.
Stock Price History:
Over the past 52 weeks, CFLT has reached a high of $37.90, while it has fallen to a 52-week low of $17.79. The 50-Day Moving Average of the stock is 8.15%, while the 200-Day Moving Average is calculated to be 23.82%.
Shares Statistics:
A total of 271.79M shares are outstanding, with a floating share count of 257.59M. Insiders hold about 22.89% of the company’s shares, while institutions hold 69.64% stake in the company.
Earnings Estimates
The market rating for Confluent Inc (CFLT) is a result of the insights provided by 28.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.08, with high estimates of $0.11 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.4 and $0.31 for the fiscal current year, implying an average EPS of $0.35. EPS for the following year is $0.49, with 30.0 analysts recommending between $0.73 and $0.41.
Revenue Estimates
28 analysts predict $264.45M in revenue for the current quarter. It ranges from a high estimate of $268.32M to a low estimate of $262M. As of the current estimate, Confluent Inc’s year-ago sales were $217.24MFor the next quarter, 28 analysts are estimating revenue of $279.24M. There is a high estimate of $286.44M for the next quarter, whereas the lowest estimate is $275.5M.
A total of 31 analysts have provided revenue estimates for CFLT’s current fiscal year. The highest revenue estimate was $1.19B, while the lowest revenue estimate was $1.16B, resulting in an average revenue estimate of $1.16B. In the same quarter a year ago, actual revenue was $963.64MBased on 33 analysts’ estimates, the company’s revenue will be $1.4B in the next fiscal year. The high estimate is $1.49B and the low estimate is $1.23B.
