At the time of writing, JFrog Ltd [FROG] stock is trading at $44.40, up 0.43%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FROG shares have gain 4.47% over the last week, with a monthly amount glided 34.95%, and seem to be holding up well over a long-time horizon.
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On 26, February 2024, JFrog to Present at Upcoming Investor Conference. In a post published today on Yahoo Finance, JFrog Ltd. (“JFrog”) (NASDAQ:FROG), the Liquid Software Company and creators of the JFrog Software Supply Chain Platform, today announced it will present at the following investor conference during the first quarter of 2024:.
From an analyst’s perspective:
JFrog Ltd [NASDAQ: FROG] stock has seen the most recent analyst activity on December 21, 2023, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $42 from $32. Previously, Scotiabank started tracking the stock with Sector Perform rating on September 28, 2023, and set its price target to $29. On September 14, 2023, upgrade upgraded it’s rating to Outperform. DA Davidson started tracking the stock assigning a Buy rating and suggested a price target of $25 on May 10, 2023. Cantor Fitzgerald initiated its recommendation with a Overweight and recommended $29 as its price target on January 26, 2023. BofA Securities upgraded its rating to Buy for this stock on January 04, 2023, and upped its price target to $32.
For the past year, the stock price of JFrog Ltd fluctuated between $17.11 and $48.81. Currently, Wall Street analysts expect the stock to reach $29.33 within the next 12 months. JFrog Ltd [NASDAQ: FROG] shares were valued at $44.40 at the most recent close of the market. An investor can expect a potential drop of -33.94% based on the average FROG price forecast.
Analyzing the FROG fundamentals
According to JFrog Ltd [NASDAQ:FROG], the company’s sales were 349.89M for trailing twelve months, which represents an 27.06% jump. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 44.05 points at the first support level, and at 43.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.86, and for the 2nd resistance point, it is at 45.33.
JFrog Ltd [FROG] reported earnings per share of $0.19 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.12/share, meaning a difference of $0.07 and a surprise factor of 58.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.15 per share as compared to estimates of $0.08 per share, a difference of $0.07 representing a surprise of 87.50%.
Ratios To Look Out For
It is important to note that JFrog Ltd [NASDAQ:FROG] has a current ratio of 2.42. In addition, the Quick Ratio stands at 2.42 and the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 13.49, the price to book ratio is 6.94.
Transactions by insiders
Recent insider trading involved Sela Yossi, Director, that happened on Feb 23 when 18488.0 shares were sold. Director, Sela Yossi completed a deal on Feb 22 to sell 45000.0 shares. Meanwhile, Director Steele Elisa sold 1957.0 shares on Feb 21.
