Ratios Revealed: Decoding JFrog Ltd (FROG)’s Financial Health

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The closing price of JFrog Ltd (NASDAQ: FROG) was $34.10 for the day, up 3.30% from the previous closing price of $33.01. In other words, the price has increased by $3.30 from its previous closing price. On the day, 2.2 million shares were traded. FROG stock price reached its highest trading level at $34.4 during the session, while it also had its lowest trading level at $32.02.

Ratios:

Our analysis of FROG’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 6.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.19. For the most recent quarter (mrq), Quick Ratio is recorded 2.55 and its Current Ratio is at 2.55. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.

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, KeyBanc Capital Markets on March 19, 2024, initiated with a Overweight rating and assigned the stock a target price of $52.

On December 21, 2023, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $32 to $42.

On September 28, 2023, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $29.Scotiabank initiated its Sector Perform rating on September 28, 2023, with a $29 target price.

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 May 10 ’24 when Landman Yoav sold 15,100 shares for $33.27 per share. The transaction valued at 502,375 led to the insider holds 6,716,271 shares of the business.

Simon Frederic sold 35,000 shares of FROG for $1,363,896 on Apr 23 ’24. The Director now owns 4,654,432 shares after completing the transaction at $38.97 per share. On Apr 12 ’24, another insider, Landman Yoav, who serves as the CHIEF TECHNOLOGY OFFICER of the company, sold 40,000 shares for $38.70 each. As a result, the insider received 1,548,183 and left with 6,731,371 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, FROG now has a Market Capitalization of 3697121792 and an Enterprise Value of 3795376896. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.79 while its Price-to-Book (P/B) ratio in mrq is 5.22. Its current Enterprise Value per Revenue stands at 10.847 whereas that against EBITDA is -72.103.

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 -17.62%, while the 200-Day Moving Average is calculated to be 4.39%.

Shares Statistics:

FROG traded an average of 1.42M shares per day over the past three months and 1769590 shares per day over the past ten days. A total of 106.11M shares are outstanding, with a floating share count of 87.60M. Insiders hold about 17.59% of the company’s shares, while institutions hold 61.30% stake in the company. Shares short for FROG as of 1713139200 were 1374956 with a Short Ratio of 1.16, compared to 1710460800 on 1491987. Therefore, it implies a Short% of Shares Outstanding of 1374956 and a Short% of Float of 1.5.

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