The 36-month beta value for NET is also noteworthy at 1.10. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 7 rating it as “overweight,” 16 rating it as “hold,” and 1 rating it as “sell.”
The public float for NET is 300.37M, and at present, short sellers hold a 2.72% of that float. The average trading volume of NET on January 15, 2025 was 2.76M shares.
NET) stock’s latest price update
Cloudflare Inc (NYSE: NET)’s stock price has soared by 1.17 in relation to previous closing price of 110.71. Nevertheless, the company has seen a loss of -1.75% in its stock price over the last five trading days. seekingalpha.com reported 2025-01-14 that I see Cloudflare as a high-quality investment despite its premium valuation. I believe its focus on vendor consolidation and enterprise growth positions it well for the future. I recognize the risks of a weaker balance sheet but remain optimistic about its profitability expansion.
NET’s Market Performance
Cloudflare Inc (NET) has seen a -1.75% fall in stock performance for the week, with a -2.19% decline in the past month and a 19.82% surge in the past quarter. The volatility ratio for the week is 3.33%, and the volatility levels for the past 30 days are at 3.32% for NET. The simple moving average for the last 20 days is -0.28% for NET’s stock, with a simple moving average of 28.12% for the last 200 days.
Analysts’ Opinion of NET
Many brokerage firms have already submitted their reports for NET stocks, with RBC Capital Mkts repeating the rating for NET by listing it as a “Outperform.” The predicted price for NET in the upcoming period, according to RBC Capital Mkts is $123 based on the research report published on January 03, 2025 of the current year 2025.
Goldman, on the other hand, stated in their research note that they expect to see NET reach a price target of $140, previously predicting the price at $77. The rating they have provided for NET stocks is “Buy” according to the report published on January 02nd, 2025.
Stifel gave a rating of “Buy” to NET, setting the target price at $136 in the report published on December 17th of the previous year.
NET Trading at 7.02% from the 50-Day Moving Average
After a stumble in the market that brought NET to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.21% of loss for the given period.
Volatility was left at 3.32%, however, over the last 30 days, the volatility rate increased by 3.33%, as shares sank -2.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.65% upper at present.
During the last 5 trading sessions, NET fell by -1.75%, which changed the moving average for the period of 200-days by +16.00% in comparison to the 20-day moving average, which settled at $112.31. In addition, Cloudflare Inc saw 4.01% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NET starting from Prince Matthew, who sale 52,384 shares at the price of $114.72 back on Jan 07 ’25. After this action, Prince Matthew now owns 10,762 shares of Cloudflare Inc, valued at $6,009,539 using the latest closing price.
Prince Matthew, the CEO & Chair of the Board of Cloudflare Inc, sale 52,384 shares at $113.98 during a trade that took place back on Jan 06 ’25, which means that Prince Matthew is holding 10,762 shares at $5,970,937 based on the most recent closing price.
Stock Fundamentals for NET
Current profitability levels for the company are sitting at:
- -0.1 for the present operating margin
- 0.77 for the gross margin
The net margin for Cloudflare Inc stands at -0.06. The total capital return value is set at -0.07. Equity return is now at value -11.22, with -3.32 for asset returns.
Based on Cloudflare Inc (NET), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 1.49. The interest coverage ratio of the stock is -33.76.
Currently, EBITDA for the company is -36.17 million with net debt to EBITDA at 15.54. When we switch over and look at the enterprise to sales, we see a ratio of 25.26. The receivables turnover for the company is 5.9for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.37.
Conclusion
In summary, Cloudflare Inc (NET) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
