With 3.8 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.36 million shares. The 52-week range on FSLY shows that it touched its highest point at $12.08 and its lowest point at $4.65 during that stretch. It currently has a 1-year price target of $7.07. Beta for the stock currently stands at 1.22.
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 up-trending over the past week, with a rise of 31.06%, but this was up by 32.41% over a month. Three-month performance dropped to -24.11% while six-month performance rose 0.13%. The stock lost -9.75% in the past year, while it has lost -18.64% so far this year. A look at the trailing 12-month EPS for FSLY yields -1.10 with Next year EPS estimates of -0.01. For the next quarter, that number is -0.05. This implies an EPS growth rate of 14.97% for this year and 94.37% for next year.
Float and Shares Shorts:
At present, 144.69 million FSLY shares are outstanding with a float of 131.53 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.