The stock of Freshworks Inc (NASDAQ: FRSH) has increased by 2.99 when compared to last closing price of 18.30. Despite this, the company has experienced a 8.07% gain in its stock price over the last five trading sessions. investors.com reported 2025-01-24 that Freshworks Cl A saw an improvement in its IBD SmartSelect Composite Rating Friday, from 93 to 96. The post Freshworks Stock Gets IBD Rating Upgrade To 96 appeared first on Investor’s Business Daily.
Is It Worth Investing in Freshworks Inc (NASDAQ: FRSH) Right Now?
Company’s 36-month beta value is 0.92.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 4 as “overweight,” 8 as “hold,” and 1 as “sell.”
The public float for FRSH is 172.27M, and currently, short sellers hold a 4.90% ratio of that floaft. The average trading volume of FRSH on January 27, 2025 was 4.24M shares.
FRSH’s Market Performance
The stock of Freshworks Inc (FRSH) has seen a 8.07% increase in the past week, with a 20.89% rise in the past month, and a 68.88% gain in the past quarter. The volatility ratio for the week is 3.56%, and the volatility levels for the past 30 days are at 3.30% for FRSH. The simple moving average for the last 20 days is 12.98% for FRSH stock, with a simple moving average of 36.52% for the last 200 days.
Analysts’ Opinion of FRSH
Many brokerage firms have already submitted their reports for FRSH stocks, with Wells Fargo repeating the rating for FRSH by listing it as a “Underweight.” The predicted price for FRSH in the upcoming period, according to Wells Fargo is $13 based on the research report published on January 21, 2025 of the current year 2025.
Oppenheimer, on the other hand, stated in their research note that they expect to see FRSH reach a price target of $22. The rating they have provided for FRSH stocks is “Outperform” according to the report published on January 16th, 2025.
Wells Fargo gave a rating of “Equal Weight” to FRSH, setting the target price at $11 in the report published on October 16th of the previous year.
FRSH Trading at 15.17% from the 50-Day Moving Average
After a stumble in the market that brought FRSH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.11% of loss for the given period.
Volatility was left at 3.30%, however, over the last 30 days, the volatility rate increased by 3.56%, as shares surge +19.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.35% upper at present.
During the last 5 trading sessions, FRSH rose by +9.20%, which changed the moving average for the period of 200-days by +1.52% in comparison to the 20-day moving average, which settled at $16.69. In addition, Freshworks Inc saw 16.56% 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 FRSH starting from Johanna Flower, who proposed sale 28,000 shares at the price of $17.13 back on Jan 23 ’25. After this action, Johanna Flower now owns shares of Freshworks Inc, valued at $479,640 using the latest closing price.
Taylor Jennifer H, the Director of Freshworks Inc, sale 4,685 shares at $15.49 during a trade that took place back on Jan 10 ’25, which means that Taylor Jennifer H is holding 37,286 shares at $72,571 based on the most recent closing price.
Stock Fundamentals for FRSH
Current profitability levels for the company are sitting at:
- -0.23 for the present operating margin
- 0.84 for the gross margin
The net margin for Freshworks Inc stands at -0.15. The total capital return value is set at -0.13. Equity return is now at value -9.26, with -6.79 for asset returns.
Based on Freshworks Inc (FRSH), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 4.82.
Currently, EBITDA for the company is -158.03 million with net debt to EBITDA at 2.45. When we switch over and look at the enterprise to sales, we see a ratio of 7.74. The receivables turnover for the company is 6.92for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.20.
Conclusion
In a nutshell, Freshworks Inc (FRSH) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
