The name UiPath Inc. (PATH) should be kept on your radar

In the latest session, UiPath Inc. (NYSE: PATH) closed at $14.36 down -1.91% from its previous closing price of $14.64. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 4479795 shares were traded. PATH stock price reached its highest trading level at $14.88 during the session, while it also had its lowest trading level at $14.19.

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Ratios:

For a deeper understanding of UiPath Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.50 and its Current Ratio is at 4.50. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

On October 18, 2022, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $17 to $15.

Morgan Stanley Downgraded its Overweight to Equal-Weight on September 07, 2022, whereas the target price for the stock was revised from $32 to $15.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 05 when Ramani Hitesh sold 2,100 shares for $14.45 per share. The transaction valued at 30,345 led to the insider holds 438,452 shares of the business.

Gupta Ashim sold 10,000 shares of PATH for $135,048 on Dec 05. The Chief Financial Officer now owns 267,505 shares after completing the transaction at $13.50 per share. On Dec 05, another insider, Gupta Ashim, who serves as the Chief Financial Officer of the company, sold 10,000 shares for $13.50 each. As a result, the insider received 135,037 and left with 1,515,341 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 7.28 while its Price-to-Book (P/B) ratio in mrq is 4.25.

Stock Price History:

Over the past 52 weeks, PATH has reached a high of $39.00, while it has fallen to a 52-week low of $10.40. The 50-Day Moving Average of the stock is 12.73, while the 200-Day Moving Average is calculated to be 15.89.

Shares Statistics:

For the past three months, PATH has traded an average of 6.13M shares per day and 5.92M over the past ten days. A total of 550.16M shares are outstanding, with a floating share count of 415.58M. Insiders hold about 2.40% of the company’s shares, while institutions hold 63.80% stake in the company. Shares short for PATH as of Oct 13, 2022 were 27.53M with a Short Ratio of 31.45M, compared to 26.6M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 5.01% and a Short% of Float of 7.30%.

Earnings Estimates

There are 20 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of -$0.03 and a low estimate of -$0.07, while EPS last year was $0. The consensus estimate for the next quarter is $0.05, with high estimates of $0.07 and low estimates of $0.04.

Analysts are recommending an EPS of between $0.01 and -$0.08 for the fiscal current year, implying an average EPS of -$0.04. EPS for the following year is $0.05, with 22 analysts recommending between $0.15 and -$0.05.

Revenue Estimates

A total of 23 analysts have provided revenue estimates for PATH’s current fiscal year. The highest revenue estimate was $1.04B, while the lowest revenue estimate was $1B, resulting in an average revenue estimate of $1.01B. In the same quarter a year ago, actual revenue was $892.25M, up 12.90% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $1.21B in the next fiscal year. The high estimate is $1.36B and the low estimate is $1.16B. The average revenue growth estimate for next year is up 20.00% from the average revenue estimate for this year.