After finishing at $2.44 in the prior trading day, Aurora Innovation Inc (NASDAQ: AUR) closed at $2.29, down -6.15%. In other words, the price has decreased by -$0.1500 from its previous closing price. On the day, 6389325 shares were traded.
Ratios:
Our goal is to gain a better understanding of AUR by taking a closer look at 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 01 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. The Director now owns 463,563 shares after completing the transaction at $2.52 per share. On Feb 28, 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 3.52B and an Enterprise Value of 2.44B. Its current Enterprise Value per Revenue stands at 1.83k whereas that against EBITDA is -2.99.
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 3.2721, while the 200-Day Moving Average is calculated to be 2.7214.
Shares Statistics:
The stock has traded on average 6.89M shares per day over the past 3-months and 8.8M shares per day over the last 10 days, according to various share statistics. A total of 1.16B shares are outstanding, with a floating share count of 708.80M. Insiders hold about 53.83% 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
Its stock is currently analyzed by 3 different market analysts. 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.
