Similarweb Ltd (NYSE: SMWB) is -48.06% lower on its value in year-to-date trading and has touched a low of $5.71 and a high of $17.64 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 SMWB stock was last observed hovering at around $7.67 in the last trading session, with the day’s loss setting it -0.31%.
Currently trading at $7.36, the stock is -1.38% and -7.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.91 million and changing -4.04% at the moment leaves the stock -28.18% off its SMA200. SMWB registered 1.66% gain for a year compared to 6-month loss of -29.77%.
The stock witnessed a 5.60% gain in the last 1 month and extending the period to 3 months gives it a -30.50%, and is -1.08% 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 6.14% over the week and 4.60% over the month.
Similarweb Ltd (SMWB) has around 1085 employees, a market worth around $609.62M and $258.02M in sales. Fwd P/E is 36.72. Profit margin for the company is -6.97%. Distance from 52-week low is 28.90% and -58.28% from its 52-week high. The company has generated returns on investments over the last 12 months (-32.16%).
The EPS is expected to shrink by -82.16% this year
The shares outstanding are 83.54M, and float is at 42.85M with Short Float at 0.58%.
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 13.8676 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 3.5999 of the shares outstanding. The other top investors are ULYSSES MANAGEMENT LLC which holds 2.28 million shares representing 2.8338 and valued at over $17.74 million, while MIGDAL INSURANCE & FINANCIAL HOLDINGS LTD. holds 2.4402 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 Jan 08 ’25, Seror Benjamin (Officer) Proposed Sale 50,000 shares at an average price of $14.90 for $0.74 million. The insider now directly holds shares of Similarweb Ltd (SMWB).
