Similarweb Ltd [NYSE: SMWB] traded at a low on Wednesday, posting a -29.26 loss after which it closed the day’ session at $11.87.
The results of the trading session contributed to over 6851861 shares changing hands. Over the past one week, the price volatility of Similarweb Ltd stands at 8.81% while the volatility over the past one month is 6.39%.
The market cap for SMWB stock reached $969.35 million, with 82.62 million shares outstanding and 40.57 million shares in the current float. Compared to the average trading volume of 618.48K shares, SMWB reached a trading volume of 6851861 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Similarweb Ltd [SMWB]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SMWB shares is $17.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SMWB stock is a recommendation set at 1.11. 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.
Goldman have made an estimate for Similarweb Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 11, 2024. While these analysts kept the previous recommendation, Needham raised their target price to Buy. The new note on the price target was released on October 21, 2024, representing the official price target for Similarweb Ltd stock. Previously, the target price had yet another raise to $15, while Northland Capital analysts kept a Outperform rating on SMWB stock. On February 15, 2024, analysts increased their price target for SMWB shares from 6 to 10.
The Average True Range (ATR) for Similarweb Ltd is set at 1.22, with the Price to Sales ratio for SMWB stock in the period of the last 12 months amounting to 3.88. The Price to Book ratio for the last quarter was 35.65, with the Price to Cash per share for the same quarter was set at 0.91. Price to Free Cash Flow for SMWB in the course of the last twelve months was 35.17 with Quick ratio for the last quarter at 0.69.
How has SMWB stock performed recently?
Similarweb Ltd [SMWB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -32.02. With this latest performance, SMWB shares dropped by -15.93% in over the last four-week period, additionally plugging by 48.37% over the last 6 months – not to mention a rise of 69.33% 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 SMWB stock in for the last two-week period is set at 28.53, with the RSI for the last a single of trading hit 19.87, and the three-weeks RSI is set at 34.99 for Similarweb Ltd [SMWB]. The present Moving Average for the last 50 days of trading for this stock 14.74, while it was recorded at 16.01 for the last single week of trading, and 9.96 for the last 200 days.
Similarweb Ltd [SMWB]: Deeper insight into the fundamentals
Similarweb Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.69 and a Current Ratio set at 0.73.
Earnings analysis for Similarweb Ltd [SMWB]
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 SMWB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Similarweb Ltd go to 40.85%.
Insider trade positions for Similarweb Ltd [SMWB]
The top three institutional holders of SMWB stocks are: NASPERS LTD with ownership of 11.17 million shares, which is approximately 14.0789%. PHOENIX HOLDINGS LTD., holding 2.9 million shares of the stock with an approximate value of $$22.54 million in SMWB stocks shares; and PHOENIX HOLDINGS LTD., currently with $$17.74 million in SMWB stock with ownership which is approximately 2.877%.
