A new trading day began on Monday, with Confluent Inc (NASDAQ: CFLT) stock price down -6.21% from the previous day of trading, before settling in for the closing price of $31.74. CFLT’s price has ranged from $17.79 to $37.90 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 45.91% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 23.27%. With a float of $258.02 million, this company’s outstanding shares have now reached $271.79 million.
In an organization with 3060 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 73.29%, operating margin of -43.48%, and the pretax margin is -34.73%.
Confluent Inc (CFLT) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of Confluent Inc is 22.75%, while institutional ownership is 69.77%. The most recent insider transaction that took place on Mar 03 ’25, was worth 30,470,400. Before that another transaction happened on Mar 03 ’25, when Company’s Director proposed sale 40,000 for $31.74, making the entire transaction worth $1,269,600.
Confluent Inc (CFLT) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 32.82% during the next five years compared to -23.27% drop over the previous five years of trading.
Confluent Inc (NASDAQ: CFLT) Trading Performance Indicators
Here are Confluent Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.32. Likewise, its price to free cash flow for the trailing twelve months is 1047.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.07, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.49 in one year’s time.
Technical Analysis of Confluent Inc (CFLT)
Let’s dig in a bit further. During the last 5-days, its volume was 5.87 million. That was better than the volume of 5.69 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 30.30%. Additionally, its Average True Range was 1.92.
During the past 100 days, Confluent Inc’s (CFLT) raw stochastic average was set at 55.60%, which indicates a significant increase from 8.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 108.65% in the past 14 days, which was higher than the 60.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.98, while its 200-day Moving Average is $26.33. However, in the short run, Confluent Inc’s stock first resistance to watch stands at $31.62. Second resistance stands at $33.47. The third major resistance level sits at $34.54. If the price goes on to break the first support level at $28.70, it is likely to go to the next support level at $27.63. Assuming the price breaks the second support level, the third support level stands at $25.78.
Confluent Inc (NASDAQ: CFLT) Key Stats
With a market capitalization of 9.94 billion, the company has a total of 334,016K Shares Outstanding. Currently, annual sales are 963,640 K while annual income is -345,070 K. The company’s previous quarter sales were 261,220 K while its latest quarter income was -88,050 K.
