Analysis Confluent, Inc. (CFLT)
5/26/2024
Analysis of Confluent, Inc. (CFLT)
Confluent, Inc. is showing some interesting trends based on the recent data. Here are a few key points from the analysis:1. **Price Movement**: The stock price of Confluent, Inc. has been fluctuating in the past few days, with the closing price ranging from $29.96 to $32.23.
2. **Relative Strength Index (RSI)**: The RSI indicator has been hovering around 50, indicating a neutral stance in terms of price momentum. It peaked at around 62.50 on May 17th, suggesting a slightly overbought condition at that time.
3. **Moving Average Convergence Divergence (MACD)**: The MACD indicator has been positive, with the MACD line consistently above the signal line. This suggests a bullish momentum in the stock.
4. **Moving Averages**: The Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) have been trending upwards, indicating a positive trend in the stock price.
5. **Overall Trend**: Despite some fluctuations, the overall trend for Confluent, Inc. appears to be positive, supported by the moving averages and MACD indicator.
Investors may want to keep an eye on the RSI levels for potential overbought or oversold conditions, but the overall outlook seems favorable based on the current indicators.
Earnings estimate
Based on analysts' estimates for future quarterly and annual earnings per share:1. For the current quarter ending on June 30, 2024, the average estimated EPS is $1.33, with a range from $1.27 to $1.36. This shows growth compared to the EPS of $1.26 from a year ago.
2. For the next quarter ending on September 30, 2024, the average estimated EPS is $1.53, with a range from $1.44 to $1.63. This also indicates growth compared to the EPS of $1.46 from a year ago.
3. For the current year ending on September 30, 2024, the average estimated EPS is $6.59, with a range from $6.43 to $6.92. This reflects an increase compared to the EPS of $6.13 from the previous year.
4. Looking ahead to the next year ending on September 30, 2025, the average estimated EPS is $7.23, with a range from $6.40 to $7.90. This suggests growth compared to the EPS of $6.59 from the previous year.
Overall, the analysts' estimates point towards a positive outlook with expected growth in earnings per share for both the upcoming quarters and the next fiscal year.
Earnings
The company's results for the most recent quarter, ending on April 30, 2025, have not been provided at this time. The previous quarter's results, ending on February 27, 2025, were handled by the Transfer Agent. The results for the quarter ending on January 31, 2025, were released after hours. The results for the quarter ending on October 31, 2024, were not provided at the time. However, for the quarter ending on August 1, 2024, the company reported an earnings per share (EPS) estimate of 1.33.Main Statystic ðŸ§
The data provided includes financials, stock statistics, valuation metrics, stock price summary, and dividends and splits information for a specific company.1. Financials:
- Cash Flow: Operating cash flow TTM is $110,563,000,320 and levered free cash flow TTM is $84,726,874,112.
- Balance Sheet: Total cash MRQ is $67,150,000,128, total debt MRQ is $104,590,000,128, current ratio MRQ is 1.037, book value per share MRQ is $4.837, total cash per share MRQ is $4.379, and total debt to equity MRQ is 140.968.
- Profit Margin: 26.306%
- Fiscal Year Ends: September 30, 2023
- Income Statement: EBITDA is $131,393,000,000, revenue TTM is $381,623,009,280, diluted EPS TTM is $6.44, gross profit TTM is $169,148,000,000, revenue per share TTM is $24.537, net income to common TTM is $100,389,003,264, quarterly revenue growth is -4.3%, and quarterly earnings growth YoY is -2.2%.
- Operating Margin: 30.743%
- Return on Assets TTM: 22.073999%
- Return on Equity TTM: 147.25%
2. Stock Statistics:
- Short Ratio: 1.66
- Float Shares: 15,308,320,742
- Shares Short: 94,308,265
- Average 10 Volume: 52,903,608
- Average 90 Volume: 62,823,269
- Shares Outstanding: 15,334,099,968
- Percent Held by Insiders: 5.22%
- Percent Held by Institutions: 57.555%
- Short Percent of Shares Outstanding: 0.62%
3. Valuation Metrics:
- PEG Ratio: 26.213001
- Forward PE: 26.213001
- Trailing PE: 29.428572
- Enterprise Value: $2,948,462,018,560
- Price to Book MRQ: 39.181313
- Price to Sales TTM: 7.6151557
- Enterprise to EBITDA: 22.745
- Enterprise to Revenue: 7.726
- Market Capitalization: $2,906,118,684,672
4. Stock Price Summary:
- Beta: 1.264
- 50-Day Moving Average: $173.6936
- 200-Day Moving Average: $180.7906
- 52-Week Low: $164.08
- 52-Week High: $199.62
- 52-Week Change: 8.253%
5. Dividends and Splits:
- Payout Ratio: 14.93%
- Dividend Date: May 16, 2024
- Last Split Date: August 31, 2020
- Ex-Dividend Date: May 10, 2024
- Last Split Factor: 4-for-1 split
- Forward Annual Dividend Rate: $1
- 5-Year Average Dividend Yield: 0.73%
- Forward Annual Dividend Yield: 0.5266761603816345%
- Trailing Annual Dividend Rate: $0.97
- Trailing Annual Dividend Yield: 0.5108758755701854%
Income statement 💸
These are the revenue figures. Here are the conclusions:1. The company's sales revenue has been increasing steadily over the years, from $274.5 billion in 2020 to $383.3 billion in 2023.
2. Despite the increase in sales, the cost of goods sold has also been rising, indicating a potential challenge in maintaining profit margins.
3. The gross profit margin has fluctuated slightly but remained relatively stable over the years.
4. Operating income has shown an increasing trend, reaching $114.3 billion in 2023.
5. Net income has also been on the rise, reaching $97 billion in 2023.
6. Earnings per share (EPS) have shown a slight fluctuation but have generally increased over the years.
7. The company has been able to manage its operating expenses effectively, as seen in the stable operating income figures.
8. The company's non-operating interest expenses have been relatively stable over the years.
9. Overall, the financial performance of the company seems to be improving, with increasing revenues and net income.
Balance Sheet
These are balance sheets. Here are the conclusions based on the provided data:1. The total assets have been increasing over the years, reaching the highest value of $365,725,000,000 in 2018.
2. Current assets fluctuate from year to year, with the highest value of $162,819,000,000 in 2019.
3. Non-current assets have shown an increasing trend, with the highest value of $234,386,000,000 in 2018.
4. Total liabilities have also been increasing, reaching the highest value of $302,083,000,000 in 2022.
5. Shareholders' equity has shown fluctuations over the years, with the highest value of $107,147,000,000 in 2018.
6. The company has been relying more on non-current assets to support its operations, as seen in the increasing trend of non-current assets compared to current assets.
7. The company has been financing its operations through a mix of liabilities and shareholders' equity, with both showing an increasing trend over the years.
Cash Flow 💶
This is the cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value recorded in 2022 and the lowest in 2020.
2. Operating cash flow has generally been increasing year over year, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. The end cash position has also been fluctuating, reaching its highest value in 2020.
5. Financing activities show a pattern of common stock repurchase, issuance of long-term debt, and payment of dividends.
6. Investing activities include the sale and purchase of investments, as well as capital expenditures.
7. Overall, the company seems to be managing its cash flow effectively, with a focus on operational efficiency and strategic investments.
Revenue estimate
Based on the analysts' estimates for the future quarterly and annual sales of the company, we can draw the following conclusions:1. For the current quarter ending on June 30, 2024, the average sales estimate is $83,776,900,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 24.
2. For the next quarter ending on September 30, 2024, the average sales estimate is $92,375,300,000, with a sales growth of 3% compared to the same quarter last year. The number of analysts providing estimates is 24.
3. For the current fiscal year ending on September 30, 2024, the average sales estimate is $386,681,000,000, with a sales growth of 1% compared to the previous fiscal year. The number of analysts providing estimates is 37.
4. For the next fiscal year ending on September 30, 2025, the average sales estimate is $411,555,000,000, with a sales growth of 6% compared to the current fiscal year. The number of analysts providing estimates is 37.
These estimates indicate a positive sales growth trend for both the upcoming quarters and the next fiscal year, showing confidence among analysts in the company's performance and potential for revenue increase.
Growth estimates
Based on the consensus estimates provided:- The company is expected to experience a growth rate of 7.5% in the current year and 9.7% in the next year.
- For the current quarter, the growth rate is estimated to be 5.6%, while for the next quarter it is projected to be 4.8%.
- Over the next 5 years, the company is expected to achieve an average annual growth rate of 11%.
- However, when looking at the past 5 years, the company has actually achieved a higher average annual growth rate of 20.1%.
Overall, it appears that the company is expected to maintain a solid growth trajectory in the coming years, although the growth rate is projected to be lower compared to the past 5 years.
Price target
The analysts' forecast for the future price of the security paper is as follows:- Low: $164
- High: $250
- Median: $200
- Average: $202.26
- Current price: $191.57
- Currency: USD
Based on these forecasts, we can see that the analysts have a range of opinions regarding the future price of the security paper, with the low end at $164, the high end at $250, and the average at $202.26. The current price is below both the average and median forecast, indicating that there is potential for growth according to the analysts' predictions.
MACD of CFLT
This is not investment advice. Remember to verify the information provided here.
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