Similarweb (NYSE:SMWB - Get Free Report) is set to post its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect Similarweb to post earnings of $0.04 per share for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.
Similarweb (NYSE:SMWB - Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.04. The company had revenue of $60.64 million for the quarter, compared to analyst estimates of $60.23 million. Similarweb had a negative net margin of 5.07% and a negative return on equity of 60.53%. On average, analysts expect Similarweb to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Similarweb Price Performance
Shares of NYSE:SMWB traded down $0.12 during trading on Tuesday, hitting $8.53. 193,418 shares of the company were exchanged, compared to its average volume of 188,418. The firm's 50 day moving average price is $8.88 and its 200-day moving average price is $7.99. Similarweb has a 12-month low of $4.58 and a 12-month high of $9.76. The stock has a market capitalization of $690.25 million, a P/E ratio of -61.21 and a beta of 0.84.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on SMWB. Northland Securities started coverage on shares of Similarweb in a research report on Tuesday, September 10th. They issued an "outperform" rating and a $15.00 price target for the company. Cantor Fitzgerald reissued an "overweight" rating and issued a $10.00 target price on shares of Similarweb in a research report on Wednesday, August 7th. JMP Securities lifted their price target on Similarweb from $14.00 to $16.00 and gave the stock a "market outperform" rating in a research report on Wednesday, August 21st. Needham & Company LLC started coverage on Similarweb in a report on Monday, October 21st. They issued a "buy" rating and a $11.00 price objective for the company. Finally, Barclays raised their target price on shares of Similarweb from $9.00 to $10.00 and gave the stock an "overweight" rating in a research report on Thursday, August 8th. Eight equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Similarweb presently has an average rating of "Buy" and an average price target of $11.71.
View Our Latest Analysis on SMWB
About Similarweb
(
Get Free Report)
Similarweb Ltd. provides cloud-based digital intelligence solutions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally. The company offers digital research intelligence solutions for its customers to benchmark performance against competitors and market leaders, analyze trends in the market, conduct deeper research into specific companies, and analyze audience behavior; and digital marketing intelligence solutions for its customers to understand their competitors' online acquisition strategies in each marketing channel, and optimize their own strategies.
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