Confluent Inc (NASDAQ: CFLT) kicked off on Friday, down -2.65% from the previous trading day, before settling in for the closing price of $31.32. Over the past 52 weeks, CFLT has traded in a range of $17.79-$35.07.
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Technology Sector giant saw their annual sales surged by 51.38% over the last five years. While this was happening, its average annual earnings per share was recorded 546.81%. With a float of $247.27 million, this company’s outstanding shares have now reached $257.42 million.
The firm has a total of 2744 workers. Let’s measure their productivity. In terms of profitability, gross margin is 73.03%, operating margin of -43.45%, and the pretax margin is -33.97%.
Confluent Inc (CFLT) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Confluent Inc is 24.61%, while institutional ownership is 68.83%. The most recent insider transaction that took place on Dec 13 ’24, was worth 13,780,800. Before that another transaction happened on Dec 13 ’24, when Company’s Officer proposed sale 1,320,000 for $31.32, making the entire transaction worth $41,342,400.
Confluent Inc (CFLT) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 546.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 75.00% during the next five years compared to -40.61% drop over the previous five years of trading.
Confluent Inc (NASDAQ: CFLT) Trading Performance Indicators
Take a look at Confluent Inc’s (CFLT) current performance indicators. Last quarter, stock had a quick ratio of 4.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.11, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.35 in one year’s time.
Technical Analysis of Confluent Inc (CFLT)
Analysing the last 5-days average volume posted by the [Confluent Inc, CFLT], we can find that recorded value of 3.87 million was lower than the volume posted last year of 4.35 million. As of the previous 9 days, the stock’s Stochastic %D was 16.00%. Additionally, its Average True Range was 1.26.
During the past 100 days, Confluent Inc’s (CFLT) raw stochastic average was set at 77.96%, which indicates a significant increase from 8.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.21% in the past 14 days, which was lower than the 57.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.66, while its 200-day Moving Average is $26.36. Now, the first resistance to watch is $31.24. This is followed by the second major resistance level at $31.98. The third major resistance level sits at $32.48. If the price goes on to break the first support level at $30.00, it is likely to go to the next support level at $29.50. Should the price break the second support level, the third support level stands at $28.76.
Confluent Inc (NASDAQ: CFLT) Key Stats
The company with the Market Capitalisation of 9.74 billion has total of 327,995K Shares Outstanding. Its annual sales at the moment are 776,950 K in contrast with the sum of -442,750 K annual income. Company’s last quarter sales were recorded 250,200 K and last quarter income was -74,140 K.
