Freshworks Inc (NASDAQ: FRSH) is -8.23% lower on its value in year-to-date trading and has touched a low of $10.81 and a high of $19.77 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FRSH stock was last observed hovering at around $14.86 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $14.84, the stock is -11.99% and -13.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.75 million and changing -0.13% at the moment leaves the stock 5.98% off its SMA200. FRSH registered -20.00% loss for a year compared to 6-month gain of 30.75%.
The stock witnessed a -17.05% loss in the last 1 month and extending the period to 3 months gives it a -7.77%, and is -9.29% down 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 4.87% over the week and 4.65% over the month.
Freshworks Inc (FRSH) has around 4400 employees, a market worth around $4.47B and $720.42M in sales. Fwd P/E is 22.70. Profit margin for the company is -13.24%. Distance from 52-week low is 37.28% and -24.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.16%).
with sales reaching $191.9M over the same period.The EPS is expected to grow by 22.81% this year, but quarterly earnings will post 13.21% year-over-year. Quarterly sales are estimated to grow 16.20% in year-over-year returns.
Freshworks Inc (FRSH) Top Institutional Holders
The shares outstanding are 244.97M, and float is at 182.48M with Short Float at 4.03%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 23.06 million shares valued at $292.58 million. The investor’s holdings represent 7.7403% of the FRSH Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.12 million shares valued at $204.62 million to account for 5.4134 of the shares outstanding. The other top investors are SEQUOIA CAPITAL INDIA OPERATIONS II, LLC which holds 14.63 million shares representing 4.8801% and valued at over $185.66 million, while WESTBRIDGE CAPITAL MANAGEMENT, LLC holds 4.5544 of the shares totaling 13.65 million with a market value of $173.27 million.
Freshworks Inc (FRSH) Insider Activity
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Still, SEC filings show that on Mar 03 ’25, NELSON ZACHARY (Director) disposed off 8,433 shares at an average price of $16.72 for $0.14 million. The insider now directly holds 24,187 shares of Freshworks Inc (FRSH).
