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After finishing at $31.09 in the prior trading day, Confluent Inc (NASDAQ: CFLT) closed at $30.44, down -2.09%. In other words, the price has decreased by -$2.09 from its previous closing price. On the day, 5.46 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CFLT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1071.39. 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 21 ’25 when Schultz Erica sold 126,730 shares for $31.58 per share. The transaction valued at 4,002,133 led to the insider holds 552,424 shares of the business.
Schultz Erica sold 113,729 shares of CFLT for $3,445,200 on Feb 25 ’25. The PRESIDENT, FIELD OPERATIONS now owns 502,424 shares after completing the transaction at $30.29 per share. On Feb 21 ’25, another insider, Sivaram Rohan, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 23,605 shares for $31.58 each. As a result, the insider received 745,446 and left with 497,806 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 10.55 while its Price-to-Book (P/B) ratio in mrq is 10.54.
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 1.50%, while the 200-Day Moving Average is calculated to be 15.67%.
Shares Statistics:
A total of 271.79M shares are outstanding, with a floating share count of 257.80M. Insiders hold about 22.82% of the company’s shares, while institutions hold 69.65% stake in the company.
