Freshworks Inc (NASDAQ:FRSH) currently has a daily average trading volume of 2.61M but it saw 3427545 shares traded in last market. With a market cap of 3.37B USD, the company’s current market price of $11.16 came falling about -2.11 while comparing to the previous closing price of $11.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.98 and as low as $10.81. In the recent trading on the day, stock has struck highest price mark of $10.865 while lowest mark touched by it was $11.48.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wells Fargo which initiated the stock as “Equal Weight” in its note to investors issued on October 16, 2024, recommending a price target of $11 for it. Robert W. Baird downgraded its recommendation for the stock as a “Neutral” from “Outperform” on May 02, 2024 while assigning a price target range of $28-$16.
Over the week, FRSH’s stock price is moving -1.24% down while it is -1.33% when we observe its performance for the past one month. Year-to-date it is -52.49% down and over the past year, the stock is showing a downside performance of -38.98%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.08 beat the consensus estimate of 0.05 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 0.08 while estimate for next year EPS is 0.33. In next quarter, company is expected to be making quarterly sales of $189.24M as analysts are expecting the sales for current fiscal year at $710.11M and seeing the company making $830.98M in sales next year. Moreover, analysts are in estimates of $181.64M for current-quarter revenue.
Currently, Freshworks Inc’s total number of outstanding shares is 208.94M. Company’s return on investment (ROI) stands at -8.98% and return on equity (ROE) at -9.45%. It has a 27.52 of forward P/E ratio. Stock’s beta reads 0.73. Stock has a price to book (P/B) ratio of 3.01 while price to sale or P/S ratio amounts to 5.16. Its return on asset (ROA) is -6.97% on average.
