Currently, there are 81.66M common shares owned by the public and among those 40.57M shares have been available to trade.
The company’s stock has a 5-day price change of 8.39% and 75.73% over the past three months. SMWB shares are trading 10.37% year to date (YTD), with the 12-month market performance up to 184.88% higher. It has a 12-month low price of $5.25 and touched a high of $16.33 over the same period. SMWB has an average intraday trading volume of 486.00K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 6.71%, 20.08%, and 69.04% respectively.
Institutional ownership of Similarweb Ltd (NYSE: SMWB) shares accounts for 32.40% of the company’s 81.66M shares outstanding.
It has a market capitalization of $1.28B and a beta (3y monthly) value of 0.97. The earnings-per-share (ttm) stands at -$0.12. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.46% over the week and 5.03% over the month.
Analysts forecast that Similarweb Ltd (SMWB) will achieve an EPS of 0.03 for the current quarter, 0.05 for the next quarter and 0.27 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.02 while analysts give the company a high EPS estimate of 0.02. Comparatively, EPS for the current quarter was 0.03 a year ago. Earnings per share for the fiscal year are expected to increase by 433.91%, and 42.78% over the next financial year.
Looking at the support for the SMWB, a number of firms have released research notes about the stock. Goldman stated their Buy rating for the stock in a research note on December 11, 2024, with the firm’s price target at $16. Needham coverage for the Similarweb Ltd (SMWB) stock in a research note released on October 21, 2024 offered a Buy rating with a price target of $11. Northland Capital was of a view on September 10, 2024 that the stock is Outperform, while Citigroup gave the stock Buy rating on February 15, 2024, issuing a price target of $6- $10. Jefferies on their part issued Buy rating on February 07, 2024.
