Aurora Innovation Inc (AUR) Stock Volatility: Beta and Market Fluctuations

As of close of business last night, Aurora Innovation Inc’s stock clocked out at $2.20, down -3.51% from its previous closing price of $2.28. In other words, the price has decreased by -$0.0800 from its previous closing price. On the day, 7039185 shares were traded. AUR stock price reached its highest trading level at $2.3901 during the session, while it also had its lowest trading level at $2.2000.

Ratios:

To gain a deeper understanding of AUR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.96 and its Current Ratio is at 10.96. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on January 03, 2024, Downgraded its rating to Sell and sets its target price to $2 from $1.75 previously.

On September 19, 2023, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $3.

On September 12, 2023, Evercore ISI started tracking the stock assigning a In-line rating and target price of $4.Evercore ISI initiated its In-line rating on September 12, 2023, with a $4 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 01 ’24 when Hoffman Reid sold 80,000 shares for $2.59 per share. The transaction valued at 207,440 led to the insider holds 459,563 shares of the business.

Hoffman Reid sold 1,000,000 shares of AUR for $2,521,500 on Feb 29 ’24. The Director now owns 463,563 shares after completing the transaction at $2.52 per share. On Feb 28 ’24, another insider, Hoffman Reid, who serves as the Director of the company, sold 2,700,000 shares for $2.52 each. As a result, the insider received 6,798,600 and left with 513,563 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AUR now has a Market Capitalization of 3.38B and an Enterprise Value of 2.30B. Its current Enterprise Value per Revenue stands at 1.83k whereas that against EBITDA is -2.83.

Stock Price History:

Over the past 52 weeks, AUR has reached a high of $4.81, while it has fallen to a 52-week low of $1.14. The 50-Day Moving Average of the stock is 3.1071, while the 200-Day Moving Average is calculated to be 2.7373.

Shares Statistics:

It appears that AUR traded 6.88M shares on average per day over the past three months and 7.24M shares per day over the past ten days. A total of 1.16B shares are outstanding, with a floating share count of 709.91M. Insiders hold about 53.76% of the company’s shares, while institutions hold 40.53% stake in the company. Shares short for AUR as of Feb 15, 2024 were 42.48M with a Short Ratio of 6.17, compared to 43.83M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.77% and a Short% of Float of 4.96%.

Earnings Estimates

As of right now, 3 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of -$0.12 and a low estimate of -$0.17, while EPS last year was -$0.17. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.13 and low estimates of -$0.17.

Analysts are recommending an EPS of between -$0.48 and -$0.86 for the fiscal current year, implying an average EPS of -$0.62. EPS for the following year is -$0.49, with 5 analysts recommending between -$0.34 and -$0.59.

Revenue Estimates

Based on 5 analysts’ estimates, the company’s revenue will be $21.7M in the next fiscal year. The high estimate is $31.5M and the low estimate is $11.3M. The average revenue growth estimate for next year is up 2,258.70% from the average revenue estimate for this year.

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