Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Similarweb Ltd (NYSE: SMWB) was $9.00 for the day, down -0.88% from the previous closing price of $9.08. In other words, the price has decreased by -$0.88 from its previous closing price. On the day, 0.83 million shares were traded.
Ratios:
Our analysis of SMWB’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 10.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.94. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 0.73. In the meantime, Its Debt-to-Equity ratio is 1.44 whereas as Long-Term Debt/Eq ratio is at 1.19.
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, Goldman on December 11, 2024, initiated with a Buy rating and assigned the stock a target price of $16.
On October 21, 2024, Needham started tracking the stock assigning a Buy rating and target price of $11.
On September 10, 2024, Northland Capital started tracking the stock assigning a Outperform rating and target price of $15.Northland Capital initiated its Outperform rating on September 10, 2024, with a $15 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 Jan 21 ’25 when Offer Or bought 62,500 shares for $15.64 per share.
Seror Benjamin bought 50,000 shares of SMWB for $706,000 on Jan 14 ’25. On Jan 08 ’25, another insider, Seror Benjamin, who serves as the Officer of the company, bought 50,000 shares for $14.90 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 27.03.
Stock Price History:
Over the past 52 weeks, SMWB has reached a high of $17.64, while it has fallen to a 52-week low of $5.71. The 50-Day Moving Average of the stock is -33.63%, while the 200-Day Moving Average is calculated to be -11.27%.
Shares Statistics:
A total of 82.62M shares are outstanding, with a floating share count of 41.99M. Insiders hold about 49.18% of the company’s shares, while institutions hold 35.14% stake in the company.
