Some Quick Facts About Cloudflare

By Emilio Sanchez • Thursday, November 10 12:00 • Permanent Link

With gains of 23.8%, Cloudflare was one of the winners on Wall Street today. Its shares are now trading at $46.83 and have logged a 5.2% daily outperformance of the S&P 500. Don't join the feeding frenzy before checking some basic facts about this stock:

Cloudflare has moved -80.7% over the last year, and the S&P 500 logged a change of -19.4%
NET has an average analyst rating of buy and is -32.17% away from its mean target price of $69.04 per share
Its trailing earnings per share (Eps) is $-0.83
Cloudflare has a trailing 12 month Price to Earnings (P/E) ratio of -56.6 while the S&P 500 average is 15.97
Its forward earnings per share (Eps) is $0.14 and its forward P/E ratio is 334.5
The company has a Price to Book (P/B) ratio of 25.9 in contrast to the S&P 500's average ratio of 2.95
Cloudflare is part of the Technology sector, which has an average P/E ratio of 26.5 and an average P/B of 5.57
The company has a free cash flow of $83,272,872.00, which refers to the total sum of all its inflows and outflows of cash over the last quarter
CloudFlare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company offers an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices. Its security products comprise cloud firewall, bot management, distributed denial of service, IoT, SSL/TLS, secure origin connection, and rate limiting products. The company also offers performance solutions, which include content delivery and intelligent routing, as well as content, mobile, and image optimization solutions. In addition, it provides reliability solutions comprising load balancing, anycast network, virtual backbone, DNS, DNS resolver, online, and virtual waiting room solutions. Further, the company offers Cloudflare internal infrastructure solutions, including on-ramps, which connect users, devices, or locations to its network; and filters, which are the products that protect, inspect, and privilege data. Additionally, it provides developer-based solutions, such as serverless computing/programmable network, website development, domain registration, Cloudflare apps, analytics, and data localization management; Consumer DNS Resolver, a consumer app to browse the Internet; and Consumer VPN for consumers to secure and accelerate traffic on mobile devices. The company serves customers in the technology, healthcare, financial services, consumer and retail, and non-profit industries, as well as government. CloudFlare, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

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The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.