Confluent, Inc. (CFLT)
NASDAQ: CFLT · Real-Time Price · USD
20.32
-0.48 (-2.31%)
At close: Sep 18, 2024, 4:00 PM
20.79
+0.47 (2.31%)
After-hours: Sep 18, 2024, 4:57 PM EDT

Confluent Statistics

Total Valuation

Confluent has a market cap or net worth of $6.56 billion. The enterprise value is $5.74 billion.

Market Cap 6.56B
Enterprise Value 5.74B

Important Dates

The next estimated earnings date is Wednesday, October 30, 2024, after market close.

Earnings Date Oct 30, 2024
Ex-Dividend Date n/a

Share Statistics

Confluent has 322.72 million shares outstanding. The number of shares has increased by 7.59% in one year.

Shares Outstanding 322.72M
Shares Change (YoY) +7.59%
Shares Change (QoQ) +1.66%
Owned by Insiders (%) 17.01%
Owned by Institutions (%) 75.92%
Float 240.77M

Valuation Ratios

PE Ratio n/a
Forward PE 88.27
PS Ratio 7.32
Forward PS 6.02
PB Ratio 7.49
P/FCF Ratio n/a
PEG Ratio 1.15
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 6.63
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 4.44, with a Debt / Equity ratio of 1.27.

Current Ratio 4.44
Quick Ratio 4.21
Debt / Equity 1.27
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -102.36

Financial Efficiency

Return on equity (ROE) is -45.21% and return on invested capital (ROIC) is -12.58%.

Return on Equity (ROE) -45.21%
Return on Assets (ROA) -10.01%
Return on Capital (ROIC) -12.58%
Revenue Per Employee $315,448
Profits Per Employee -$134,706
Employee Count 2,744
Asset Turnover 0.36
Inventory Turnover n/a

Taxes

In the past 12 months, Confluent has paid $38.63 million in taxes.

Income Tax 38.63M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -37.82% in the last 52 weeks. The beta is 0.88, so Confluent's price volatility has been lower than the market average.

Beta (5Y) 0.88
52-Week Price Change -37.82%
50-Day Moving Average 22.01
200-Day Moving Average 26.41
Relative Strength Index (RSI) 45.66
Average Volume (20 Days) 3,336,892

Short Selling Information

The latest short interest is 21.53 million, so 6.67% of the outstanding shares have been sold short.

Short Interest 21.53M
Short Previous Month 21.55M
Short % of Shares Out 6.67%
Short % of Float 8.94%
Short Ratio (days to cover) 4.09

Income Statement

In the last 12 months, Confluent had revenue of $865.59 million and -$369.63 million in losses. Loss per share was -$1.19.

Revenue 865.59M
Gross Profit 627.04M
Operating Income -388.98M
Pretax Income -331.01M
Net Income -369.63M
EBITDA -371.30M
EBIT -388.98M
Loss Per Share -$1.19
Full Income Statement

Balance Sheet

The company has $1.93 billion in cash and $1.11 billion in debt, giving a net cash position of $817.82 million or $2.53 per share.

Cash & Cash Equivalents 1.93B
Total Debt 1.11B
Net Cash 817.82M
Net Cash Per Share $2.53
Equity (Book Value) 873.86M
Book Value Per Share 2.71
Working Capital 1.79B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$14.19 million and capital expenditures -$2.77 million, giving a free cash flow of -$16.96 million.

Operating Cash Flow -14.19M
Capital Expenditures -2.77M
Free Cash Flow -16.96M
FCF Per Share -$0.05
Full Cash Flow Statement

Margins

Gross margin is 72.44%, with operating and profit margins of -44.94% and -42.70%.

Gross Margin 72.44%
Operating Margin -44.94%
Pretax Margin -38.24%
Profit Margin -42.70%
EBITDA Margin -42.90%
EBIT Margin -44.94%
FCF Margin -4.07%

Dividends & Yields

Confluent does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -7.59%
Shareholder Yield -7.59%
Earnings Yield -5.64%
FCF Yield -0.26%
Dividend Details

Analyst Forecast

The average price target for Confluent is $30.21, which is 48.67% higher than the current price. The consensus rating is "Buy".

Price Target $30.21
Price Target Difference 48.67%
Analyst Consensus Buy
Analyst Count 29
Revenue Growth Forecast (5Y) 23.67%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Confluent has an Altman Z-Score of 2.87 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.87
Piotroski F-Score 3