Fastly Inc (NYSE:FSLY) currently has a daily average trading volume of 2.88M but it saw 1663686 shares traded in last market. With a market cap of 1.06B USD, the company’s current market price of $7.31 came falling about -0.95 while comparing to the previous closing price of $7.38. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.08 and as low as $4.65. In the recent trading on the day, stock has struck highest price mark of $7.27 while lowest mark touched by it was $7.45.
Oppenheimer upgraded its recommendation for the stock as a “Outperform” from “Perform” on December 02, 2024 while assigning a price target of $12.
Over the week, FSLY’s stock price is moving -4.94% down while it is 24.96% when we observe its performance for the past one month. Year-to-date it is -22.56% down and over the past year, the stock is showing a downside performance of -15.20%.
The company is expected to be releasing its next quarterly report on 2025-May-06, for which analysts forecasted an EPS of -0.05 while estimate for next year EPS is -0.1. In next quarter, company is expected to be making quarterly sales of $147.38M as analysts are expecting the sales for current fiscal year at $590.64M and seeing the company making $628.05M in sales next year. Moreover, analysts are in estimates of $144.57M for current-quarter revenue.
Currently, Fastly Inc’s total number of outstanding shares is 144.69M with 6.44% of that held by the insiders while 70.14% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -13.45% and return on equity (ROE) at -15.78%. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 1.11 while price to sale or P/S ratio amounts to 1.91. Its return on asset (ROA) is -10.41% on average.
