Similarweb Ltd (NYSE: SMWB) is 13.41% higher on its value in year-to-date trading and has touched a low of $5.25 and a high of $15.29 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SMWB stock was last observed hovering at around $15.12 in the last trading session, with the day’s gains setting it 0.95%.
Currently trading at $16.07, the stock is 11.46% and 26.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.63 million and changing 6.28% at the moment leaves the stock 75.00% off its SMA200. SMWB registered 194.32% gain for a year compared to 6-month gain of 126.98%. The firm has a 50-day simple moving average (SMA 50) of $12.5966 and a 200-day simple moving average (SMA200) of $9.1477.
The stock witnessed a 23.62% loss in the last 1 month and extending the period to 3 months gives it a 79.35%, and is 7.85% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.27% over the week and 5.08% over the month.
Similarweb Ltd (SMWB) has around 899 employees, a market worth around $1.31B and $241.08M in sales. Fwd P/E is 56.24. Profit margin for the company is -3.92%. Distance from 52-week low is 206.10% and 5.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.08%).
with sales reaching $65.48M over the same period.The EPS is expected to grow by 433.73% this year, but quarterly earnings will post 14.56% year-over-year. Quarterly sales are estimated to grow 15.37% in year-over-year returns.
The shares outstanding are 81.66M, and float is at 40.57M with Short Float at 1.54%.
The top institutional shareholder in the company is NASPERS LTD with over 11.17 million shares valued at $86.82 million. The investor’s holdings represent 14.0789 of the SMWB Shares outstanding. As of 2024-06-30, the second largest holder is PHOENIX HOLDINGS LTD. with 2.9 million shares valued at $22.54 million to account for 3.6547 of the shares outstanding. The other top investors are ULYSSES MANAGEMENT LLC which holds 2.28 million shares representing 2.877 and valued at over $17.74 million, while MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD. holds 2.4774 of the shares totaling 1.97 million with a market value of $15.28 million.
Similarweb Ltd (SMWB) Insider Activity
Still, SEC filings show that on Dec 20 ’24, Offer Or (Officer) Proposed Sale 66,667 shares at an average price of $14.07 for $0.94 million. The insider now directly holds shares of Similarweb Ltd (SMWB).
