Fluent Inc. [FLNT] Revenue clocked in at $308.70 million, up 100.80% YTD: What’s Next?

Fluent Inc. [NASDAQ: FLNT] gained 18.12% or 0.77 points to close at $5.02 with a heavy trading volume of 1597291 shares. The company report on November 6, 2020 that Fluent, Inc. to Present at the JMP Securities Small-Cap Technology Forum.

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Fluent, Inc. (NASDAQ: FLNT), a leading data-driven performance marketing company, announced that it will be virtually attending the JMP Securities Small-Cap Technology Forum being held on November 10, 2020. The JMP Securities Small-Cap Technology Forum is a virtual event featuring presentations by high-growth, small capitalization public companies in sectors including software, Internet and digital media, cybersecurity, and communications equipment.

Ryan Schulke, Fluent’s Chief Executive Officer, is scheduled to present at 11:00am Eastern time on November 10. Prior to its presentation, the Company will make available on the Investor Relations section of its website (http://investors.fluentco.com/) a link for investors to register to attend the Company’s presentation, along with an updated version of its investor presentation. Following the conference, the Company will also make a video replay of its presentation available on the Investor Relations section of its website.

It opened the trading session at $4.38, the shares rose to $5.10 and dropped to $4.3352, the range by which the price of stock traded the whole day. The daily chart for FLNT points out that the company has recorded 175.82% gains over the past six months. However, it is still -392.16% lower than its most recent low trading price.

If we look at the average trading volume of 230.04K shares, FLNT reached to a volume of 1597291 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Fluent Inc. [FLNT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FLNT shares is $4.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FLNT stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Barrington Research have made an estimate for Fluent Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on November 02, 2020. While these analysts kept the previous recommendation, Canaccord Genuity raised their target price to Buy. The new note on the price target was released on August 26, 2020, representing the official price target for Fluent Inc. stock. On May 09, 2019, analysts increased their price target for FLNT shares from 5.50 to 8.50.

The Average True Range (ATR) for Fluent Inc. is set at 0.33, with the Price to Sales ratio for FLNT stock in the period of the last 12 months amounting to 1.11. The Price to Book ratio for the last quarter was 1.83, with the Price to Cash per share for the same quarter was set at 0.23. Price to Free Cash Flow for FLNT in the course of the last twelve months was 28.06 with Quick ratio for the last quarter at 1.80.

Trading performance analysis for FLNT stock

Fluent Inc. [FLNT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 39.44. With this latest performance, FLNT shares gained by 65.68% in over the last four-week period, additionally plugging by 175.82% over the last 6 months – not to mention a rise of 104.07% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FLNT stock in for the last two-week period is set at 77.62, with the RSI for the last a single of trading hit 81.93, and the three-weeks RSI is set at 74.44 for Fluent Inc. [FLNT]. The present Moving Average for the last 50 days of trading for this stock 3.17, while it was recorded at 4.14 for the last single week of trading, and 2.37 for the last 200 days.

Fluent Inc. [FLNT]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Fluent Inc. [FLNT] shares currently have an operating margin of +3.37 and a Gross Margin at +26.03. Fluent Inc.’s Net Margin is presently recorded at -0.62.

Return on Total Capital for FLNT is now 3.54, given the latest momentum, and Return on Invested Capital for the company is -0.67. Return on Equity for this stock declined to -0.84, with Return on Assets sitting at -0.57. When it comes to the capital structure of this company, Fluent Inc. [FLNT] has a Total Debt to Total Equity ratio set at 29.54. Additionally, FLNT Total Debt to Total Capital is recorded at 22.80, with Total Debt to Total Assets ending up at 19.65. Long-Term Debt to Equity for the company is recorded at 25.20, with the Long-Term Debt to Total Capital now at 19.45.

Reflecting on the efficiency of the workforce at the company, Fluent Inc. [FLNT] managed to generate an average of -$9,099 per employee. Receivables Turnover for the company is 5.14 with a Total Asset Turnover recorded at a value of 0.92.Fluent Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 1.80.

Fluent Inc. [FLNT]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Fluent Inc. posted 0.01/share EPS, while the average EPS was predicted by analysts to be reported at 0.03/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -66.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FLNT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Fluent Inc. go to 40.00%.

An analysis of insider ownership at Fluent Inc. [FLNT]

There are presently around $105 million, or 32.50% of FLNT stock, in the hands of institutional investors. The top three institutional holders of FLNT stocks are: WEBER ALAN W with ownership of 5,821,219, which is approximately 0% of the company’s market cap and around 18.60% of the total institutional ownership; WELLINGTON MANAGEMENT GROUP LLP, holding 4,586,930 shares of the stock with an approximate value of $19.49 million in FLNT stocks shares; and BLACKROCK INC., currently with $11.51 million in FLNT stock with ownership of nearly -0.006% of the company’s market capitalization.

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Positions in Fluent Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 31 institutional holders increased their position in Fluent Inc. [NASDAQ:FLNT] by around 1,663,203 shares. Additionally, 34 investors decreased positions by around 392,613 shares, while 16 investors held positions by with 22,654,242 shares. The mentioned changes placed institutional holdings at 24,710,058 shares, according to the latest SEC report filing. FLNT stock had 12 new institutional investments in for a total of 458,494 shares, while 7 institutional investors sold positions of 83,316 shares during the same period.

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