Fastly Inc

Company Profile

Fastly Inc had its IPO on 2019-04-19 under the ticker symbol FSLY.

The company operates in the Technology sector and Software-Application industry. Fastly Inc has a staff strength of 1,112 employees.

Stock update

Shares of Fastly Inc opened at $23.19 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $22.61 - $23.48, and closed at $22.82.

This is a -2.77% slip from the previous day's closing price.

A total volume of 1,738,234 shares were traded at the close of the day’s session.

In the last one week, shares of Fastly Inc have slipped by -5.31%.

Fastly Inc's Key Ratios

Fastly Inc has a market cap of $3.11 billion, indicating a price to book ratio of 1.2084 and a price to sales ratio of 2.6627.

In the last 12-months Fastly Inc’s revenue was $468.22 million with a gross profit of $209.78 million and an EBITDA of $-151828992. The EBITDA ratio measures Fastly Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Fastly Inc’s operating margin was -44.69% while its return on assets stood at -7.29% with a return of equity of -16.7%.

In Q2, Fastly Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 19.8%.

Fastly Inc’s PE and PEG Ratio

Forward PE

769.2308

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.36 per share while it has a forward price to earnings multiple of 769.2308 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 Fastly Inc’s profitability.

Fastly Inc stock is trading at a EV to sales ratio of 3.5807 and a EV to EBITDA ratio of -13.9575. Its price to sales ratio in the trailing 12-months stood at 2.6627.

Fastly 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

$1.66 billion

Total Liabilities

$131.60 million

Operating Cash Flow

$104.98 million

Capital Expenditure

$10.69 million

Dividend Payout Ratio

0%

Fastly Inc ended 2024 with $1.66 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.66 billion while shareholder equity stood at $987.75 million.

Fastly Inc ended 2024 with $0 in deferred long-term liabilities, $131.60 million in other current liabilities, 2000.00 in common stock, $-757055000.00 in retained earnings and $670.36 million in goodwill. Its cash balance stood at $273.74 million and cash and short-term investments were $397.35 million. The company’s total short-term debt was $42,808,000 while long-term debt stood at $472.37 million.

Fastly Inc’s total current assets stands at $505.14 million while long-term investments were $78.04 million and short-term investments were $123.61 million. Its net receivables were $78.30 million compared to accounts payable of $5.56 million and inventory worth $0.

In 2024, Fastly Inc's operating cash flow was $104.98 million while its capital expenditure stood at $10.69 million.

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

Other key metrics

Current Trading Price

$22.82

52-Week High

$24.31

52-Week Low

$7.15

Analyst Target Price

$18.95

Fastly Inc stock is currently trading at $22.82 per share. It touched a 52-week high of $24.31 and a 52-week low of $24.31. Analysts tracking the stock have a 12-month average target price of $18.95.

Its 50-day moving average was $19.54 and 200-day moving average was $14.73 The short ratio stood at 4.29 indicating a short percent outstanding of 0%.

Around 772.2% of the company’s stock are held by insiders while 7133.2% are held by institutions.