The stocks have a year to date performance of -44.87 percent and weekly performance of -6.47 percent. The stock has been moved at -54.98 percent over the last six months. The stock has performed -20.56 percent around the most recent 30 days and changed -31.90 percent over the most recent 3-months.
If compared to the average trading volume of 4.95M shares, FSLY reached to a volume of 2916675 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Fastly Inc. [FSLY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FSLY shares is $54.56 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FSLY stock is a recommendation set at 3.00. 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.
RBC Capital Mkts have made an estimate for Fastly Inc. shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on June 11, 2021. The new note on the price target was released on June 10, 2021, representing the official price target for Fastly Inc. stock.
The Average True Range (ATR) for Fastly Inc. is set at 2.78, with the Price to Sales ratio for FSLY stock in the period of the last 12 months amounting to 18.73. The Price to Book ratio for the last quarter was 5.26, with the Price to Cash per share for the same quarter was set at 9.02.
FSLY stock trade performance evaluation
Fastly Inc. [FSLY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.47. With this latest performance, FSLY shares dropped by -20.56% in over the last four-week period, additionally sinking by -54.98% over the last 6 months – not to mention a drop of -39.87% 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 FSLY stock in for the last two-week period is set at 35.72, with the RSI for the last a single of trading hit 29.67, and the three-weeks RSI is set at 39.41 for Fastly Inc. [FSLY]. The present Moving Average for the last 50 days of trading for this stock 52.26, while it was recorded at 50.36 for the last single week of trading, and 73.94 for the last 200 days.
Fastly Inc. [FSLY]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Fastly Inc. [FSLY] shares currently have an operating margin of -29.50 and a Gross Margin at +56.64. Fastly Inc.’s Net Margin is presently recorded at -32.98.
Return on Total Capital for FSLY is now -11.92, given the latest momentum, and Return on Invested Capital for the company is -13.66. Return on Equity for this stock declined to -14.54, with Return on Assets sitting at -12.45. When it comes to the capital structure of this company, Fastly Inc. [FSLY] has a Total Debt to Total Equity ratio set at 8.53. Additionally, FSLY Total Debt to Total Capital is recorded at 7.86, with Total Debt to Total Assets ending up at 7.42. Long-Term Debt to Equity for the company is recorded at 5.61, with the Long-Term Debt to Total Capital now at 5.17.
Reflecting on the efficiency of the workforce at the company, Fastly Inc. [FSLY] managed to generate an average of -$102,164 per employee. Receivables Turnover for the company is 6.66 with a Total Asset Turnover recorded at a value of 0.38.Fastly Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 11.90 and a Current Ratio set at 11.90.
Earnings per share (EPS) analysis for Fastly Inc. [FSLY] stock
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 FSLY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Fastly Inc. go to 30.00%.
Fastly Inc. [FSLY]: Insider Ownership positions
There are presently around $3,550 million, or 69.30% of FSLY stock, in the hands of institutional investors. The top three institutional holders of FSLY stocks are: MORGAN STANLEY with ownership of 13,071,115, which is approximately 2.18% of the company’s market cap and around 7.50% of the total institutional ownership; ABDIEL CAPITAL ADVISORS, LP, holding 11,349,869 shares of the stock with an approximate value of $546.72 million in FSLY stocks shares; and VANGUARD GROUP INC, currently with $429.38 million in FSLY stock with ownership of nearly 5.816% of the company’s market capitalization.
Positions in Fastly Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 195 institutional holders increased their position in Fastly Inc. [NYSE:FSLY] by around 11,516,696 shares. Additionally, 211 investors decreased positions by around 4,772,570 shares, while 54 investors held positions by with 57,404,018 shares. The mentioned changes placed institutional holdings at 73,693,284 shares, according to the latest SEC report filing. FSLY stock had 56 new institutional investments in for a total of 1,042,227 shares, while 110 institutional investors sold positions of 1,368,945 shares during the same period.