In today’s recent session, 3.01 million shares of the Similarweb Ltd (NYSE:SMWB) have been traded, and its beta is 0.99. Most recently the company’s share price was $11.05, and it changed around -$5.73 or -34.18% from the last close, which brings the market valuation of the company to $901.98M. SMWB at last check was trading at a discount to its 52-week high of $17.64, offering almost -59.64% off that amount. The share price’s 52-week low was $5.71, which indicates that the recent value has risen by an impressive 48.33% since then. We note from Similarweb Ltd’s average daily trading volume that its 10-day average is 0.62 million shares, with the 3-month average coming to 618.48K.
Similarweb Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.11. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 0 recommended SMWB as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight.
Similarweb Ltd (NYSE:SMWB) trade information
Instantly SMWB has been showing red trend so far today with a performance of -34.18% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 17.64 on recent trading dayincreased the stock’s daily price by 37.36%. The company’s shares are currently down -22.05% year-to-date, but still down -36.74% over the last five days. On the other hand, Similarweb Ltd (NYSE:SMWB) is -21.78% down in the 30-day period. We can see from the shorts that 0.27 million shares have been sold at a short interest cover period of 1.81 day(s).
The consensus price target as assigned by Wall Street analysts is $15.5, which translates to bulls needing to increase their stock price by 28.71% from its current value. Analyst projections state that SMWB is forecast to be at a low of $14 and a high of $23.
Similarweb Ltd (SMWB) estimates and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 29.58%. Similarweb Ltd earnings are expected to increase by 50.73% in 2025, but the outlook is positive 43.38% per year for the next five years.
SMWB Dividends
Similarweb Ltd’s next quarterly earnings report is expected to be released in March.
Similarweb Ltd (NYSE:SMWB)’s Major holders
PHOENIX HOLDINGS LTD., with 3.6547% or 2.9 million shares worth $22.54 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
PGIM Jennison Small Company Fd and Calamos Timpani Small Cap Growth Fund were the top two Mutual Funds as of Nov 30, 2024. The former held 774.15 shares worth $8.53 million, making up 0.96% of all outstanding shares. On the other hand, Calamos Timpani Small Cap Growth Fund held roughly 263.34 shares worth around $2.9 million, which represents about 0.33% of the total shares outstanding.
