Confluent Inc

Company Profile

Confluent Inc had its IPO on 2021-06-24 under the ticker symbol CFLT.

The company operates in the Technology sector and Software-Infrastructure industry. Confluent Inc has a staff strength of 2,761 employees.

Stock update

Shares of Confluent Inc opened at $33.73 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $32.96 - $34.46, and closed at $33.56.

This is a -2.16% slip from the previous day's closing price.

A total volume of 2,705,403 shares were traded at the close of the day’s session.

In the last one week, shares of Confluent Inc have increased by +0.93%.

Confluent Inc's Key Ratios

Confluent Inc has a market cap of $10.49 billion, indicating a price to book ratio of 8.6882 and a price to sales ratio of 12.2354.

In the last 12-months Confluent Inc’s revenue was $634.11 million with a gross profit of $384.70 million and an EBITDA of $-473311008. The EBITDA ratio measures Confluent Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Confluent Inc’s operating margin was -76.14% while its return on assets stood at -13.09% with a return of equity of -62.26%.

In Q1, Confluent Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 38.2%.

Confluent Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.94 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Confluent Inc’s profitability.

Confluent Inc stock is trading at a EV to sales ratio of 11.1489 and a EV to EBITDA ratio of -13.1619. Its price to sales ratio in the trailing 12-months stood at 12.2354.

Confluent Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.29 billion

Total Liabilities

$401.16 million

Operating Cash Flow

$-52483000.00

Capital Expenditure

$5.10 million

Dividend Payout Ratio

0%

Confluent Inc ended 2024 with $2.29 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.29 billion while shareholder equity stood at $744.85 million.

Confluent Inc ended 2024 with $0 in deferred long-term liabilities, $401.16 million in other current liabilities, 3000.00 in common stock, $-1353960000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $343.46 million and cash and short-term investments were $1.85 billion. The company’s total short-term debt was $7,295,000 while long-term debt stood at $1.09 billion.

Confluent Inc’s total current assets stands at $2.12 billion while long-term investments were $0 and short-term investments were $1.51 billion. Its net receivables were $169.65 million compared to accounts payable of $10.45 million and inventory worth $0.

In 2024, Confluent Inc's operating cash flow was $-52483000.00 while its capital expenditure stood at $5.10 million.

Comparatively, Confluent Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$33.56

52-Week High

$37.36

52-Week Low

$16.6

Analyst Target Price

$28.42

Confluent Inc stock is currently trading at $33.56 per share. It touched a 52-week high of $37.36 and a 52-week low of $37.36. Analysts tracking the stock have a 12-month average target price of $28.42.

Its 50-day moving average was $34.24 and 200-day moving average was $27.31 The short ratio stood at 4.46 indicating a short percent outstanding of 0%.

Around 509.3% of the company’s stock are held by insiders while 7147.5% are held by institutions.