With 3.68 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.51 million shares. The 52-week range on FSLY shows that it touched its highest point at $14.90 and its lowest point at $5.52 during that stretch. It currently has a 1-year price target of $8.69. Beta for the stock currently stands at 1.28.
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 FSLY was down-trending over the past week, with a drop of -14.37%, but this was down by -33.81% over a month. Three-month performance surged to 2.98% while six-month performance rose 6.97%. The stock lost -52.15% in the past year, while it has lost -26.80% so far this year. A look at the trailing 12-month EPS for FSLY yields -1.15 with Next year EPS estimates of 0.02. For the next quarter, that number is -0.06. This implies an EPS growth rate of 13.26% for this year and 115.32% for next year.
Float and Shares Shorts:
At present, 140.30 million FSLY shares are outstanding with a float of 128.31 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FSLY since 11 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 1 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.080088 being high and -$0.12013 being low. For FSLY, this leads to a yearly average estimate of -$0.10011. Based on analyst estimates, the high estimate for the next quarter is -$0.03 and the low estimate is -$0.06. The average estimate for the next quarter is thus -$0.04.
