Uber Technologies, Inc. [UBER] is following downward trend in the market concluded with the last trading session. The shares of the Technology sector company has a current value of $33.02 after UBER shares went down by -3.08% during the last trading session. One of the reasons why Technology stocks may go bearish is decreased momentum in the press.
Uber Technologies, Inc. [NYSE:UBER]: Analyst Rating and Earnings
Its stock price has been found in the range of 30.67 to 47.08. This is compared to its latest closing price of $34.07.
Keep an eye out for the next scheduled publication date for this company’s financial results, which are expected to be released on Thu 14 Nov (In 62 Days).
Fundamental Analysis of Uber Technologies, Inc. [UBER]
Now let’s turn to look at profitability: with a current Operating Margin for Uber Technologies, Inc. [UBER] sitting at -25.16 and its Gross Margin at +31.03.
This company’s Return on Total Capital is -22.64, and its Return on Invested Capital has reached 87.70%. Its Return on Equity is 19.09, and its Return on Assets is 5.06. These metrics suggest that this Uber Technologies, Inc. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, Uber Technologies, Inc. [UBER] has generated a Total Debt to Total Equity ratio of 140.18. Similarly, its Total Debt to Total Capital is 58.36, while its Total Debt to Total Assets stands at 39.69.
What about valuation? This company’s Enterprise Value to EBITDA is -24.20. The Enterprise Value to Sales for this firm is now 4.79.
Shifting the focus to workforce efficiency, Uber Technologies, Inc. [UBER] earns $506,221 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 9.97 and its Total Asset Turnover is 0.57. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 2.03 and its Current Ratio is 2.03. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Uber Technologies, Inc. [UBER] has 1.73B shares outstanding, amounting to a total market cap of $59.10B. Its stock price has been found in the range of 30.67 to 47.08. At its current price, it has moved down by -29.86% from its 52-week high, and it has moved up 7.68% from its 52-week low.
This stock’s Relative Strength Index (RSI) is at 41.08. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Uber Technologies, Inc. [UBER] a Reliable Buy?
Shares of Uber Technologies, Inc. [UBER], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.