How does Similarweb Ltd (SMWB) change from a tortoise to a hare?

With 0.61 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.35 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $13.52 whereas the lowest price it dropped to was $12.56. The 52-week range on SMWB shows that it touched its highest point at $13.52 and its lowest point at $4.93 during that stretch. It currently has a 1-year price target of $14.88. Beta for the stock currently stands at 1.03.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SMWB was up-trending over the past week, with a rise of 10.67%, but this was up by 17.12% over a month. Three-month performance surged to 62.02% while six-month performance rose 79.73%. The stock gained 168.53% in the past year, while it has gained 152.91% so far this year. A look at the trailing 12-month EPS for SMWB yields -0.12 with Next year EPS estimates of 0.29. For the next quarter, that number is 0.04. This implies an EPS growth rate of 433.73% for this year and 42.70% for next year.

Float and Shares Shorts:

At present, 81.66 million SMWB shares are outstanding with a float of 42.16 million shares on hand for trading. On 2024-10-31, short shares totaled 0.27 million, which was 33.000002 higher than short shares on 1727654400. In addition to Mr. Or Offer as the firm’s Co-Founder, CEO & Director, Mr. Benjamin Seror serves as its Co-Founder & Chief Product Officer.

Institutional Ownership:

Through their ownership of 0.59141 of SMWB’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, SMWB reported revenue of $64707000.0 and operating income of -$2467000.0. The EBITDA in the recently reported quarter was $406000.0 and diluted EPS was -$0.03.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SMWB since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SMWB analysts setting a high price target of 17.0 and a low target of 13.0, the average target price over the next 12 months is 14.875. Based on these targets, SMWB could surge 26.11% to reach the target high and fall by -3.56% to reach the target low. Reaching the average price target will result in a growth of 10.35% from current levels.

Analysts have provided yearly estimates in a range of $0.21136 being high and $0.18912 being low. For SMWB, this leads to a yearly average estimate of $0.20024. Based on analyst estimates, the high estimate for the next quarter is $0.06 and the low estimate is $0.01. The average estimate for the next quarter is thus $0.05.