Fastly Inc [FSLY] stock is trading at $7.30, down -2.28%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FSLY shares have gain 1.67% over the last week, with a monthly amount glided 29.66%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Fastly Inc [NYSE: FSLY] stock has seen the most recent analyst activity on October 01, 2024, when Raymond James downgraded its rating to a Mkt Perform. Previously, Piper Sandler downgraded its rating to Neutral on August 08, 2024, and dropped its price target to $6. On May 02, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $8.50 on the stock. BofA Securities downgraded its rating to a Underperform and decreased its price target to $8 on May 02, 2024. Piper Sandler upgraded its rating to a Overweight and reduced its price target to $16 on April 08, 2024. Craig Hallum downgraded its rating to Hold for this stock on February 15, 2024, but kept the price target unchanged to $20. In a note dated January 22, 2024, Citigroup upgraded an Neutral rating on this stock and boosted its target price from $11 to $20.
Fastly Inc [FSLY] stock has fluctuated between $5.52 and $25.87 over the past year. Currently, Wall Street analysts expect the stock to reach $16.5 within the next 12 months. Fastly Inc [NYSE: FSLY] shares were valued at $7.30 at the most recent close of the market. An investor can expect a potential return of 126.03% based on the average FSLY price forecast.
Analyzing the FSLY fundamentals
Fastly Inc [NYSE:FSLY] reported sales of 531.48M for the trailing twelve months, which represents a growth of 7.77%. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at -0.36%, Pretax Profit Margin comes in at -0.31%, and Net Profit Margin reading is -0.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.17 and Total Capital is -0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.38.
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 7.22 points at the first support level, and at 7.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.44, and for the 2nd resistance point, it is at 7.58.
Ratios To Look Out For
For context, Fastly Inc’s Current Ratio is 4.13. Further, the Quick Ratio stands at 4.13, while the Cash Ratio is 1.35. Considering the valuation of this stock, the price to sales ratio is 1.90, the price to book ratio is 1.03.
Transactions by insiders
Recent insider trading involved Bergman Artur, Chief Technology Officer, that happened on Sep 03 ’24 when 19889.0 shares were sold. Chief Financial Officer, KISLING RONALD W completed a deal on Aug 29 ’24 to sell 1192.0 shares. Meanwhile, Director PER ARTUR BERGMAN bought 19889.0 shares on Sep 03 ’24.
