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After finishing at $8.06 in the prior trading day, Udemy Inc (NASDAQ: UDMY) closed at $7.99, down -0.87%. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 0.68 million shares were traded. UDMY stock price reached its highest trading level at $8.11 during the session, while it also had its lowest trading level at $7.88.
Ratios:
Our goal is to gain a better understanding of UDMY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.66. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 this company, Canaccord Genuity on August 08, 2024, initiated with a Buy rating and assigned the stock a target price of $12.
On August 01, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $8.50.
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 Aug 28 ’24 when VELAYUDHAN PILLAI VENUGOPAL bought 16,284 shares for $8.00 per share.
VELAYUDHAN PILLAI VENUGOPAL bought 509 shares of UDMY for $4,148 on Aug 27 ’24. On Aug 26 ’24, another insider, VELAYUDHAN PILLAI VENUGOPAL, who serves as the Officer of the company, bought 30,000 shares for $8.18 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UDMY now has a Market Capitalization of 1211923200 and an Enterprise Value of 793553280. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57 while its Price-to-Book (P/B) ratio in mrq is 4.14. Its current Enterprise Value per Revenue stands at 1.037 whereas that against EBITDA is -8.951.
Stock Price History:
Over the past 52 weeks, UDMY has reached a high of $16.01, while it has fallen to a 52-week low of $6.67. The 50-Day Moving Average of the stock is -1.65%, while the 200-Day Moving Average is calculated to be -27.27%.
Shares Statistics:
The stock has traded on average 1.04M shares per day over the past 3-months and 1019250 shares per day over the last 10 days, according to various share statistics. A total of 157.17M shares are outstanding, with a floating share count of 79.23M. Insiders hold about 47.30% of the company’s shares, while institutions hold 43.02% stake in the company. Shares short for UDMY as of 1723680000 were 8030348 with a Short Ratio of 7.72, compared to 1721001600 on 7935057. Therefore, it implies a Short% of Shares Outstanding of 8030348 and a Short% of Float of 8.75.
Earnings Estimates
The stock of Udemy Inc (UDMY) is currently in the spotlight, with 10.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.02, with high estimates of $0.04 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.06 and -$0.04 for the fiscal current year, implying an average EPS of $0.03. EPS for the following year is $0.31, with 10.0 analysts recommending between $0.43 and $0.22.
Revenue Estimates
11 analysts predict $192.69M in revenue for the current quarter. It ranges from a high estimate of $193.64M to a low estimate of $191.64M. As of the current estimate, Udemy Inc’s year-ago sales were $178.2MFor the next quarter, 11 analysts are estimating revenue of $195.86M. There is a high estimate of $198M for the next quarter, whereas the lowest estimate is $193.95M.
A total of 13 analysts have provided revenue estimates for UDMY’s current fiscal year. The highest revenue estimate was $784.54M, while the lowest revenue estimate was $776.8M, resulting in an average revenue estimate of $780.11M. In the same quarter a year ago, actual revenue was $728.94MBased on 13 analysts’ estimates, the company’s revenue will be $841.26M in the next fiscal year. The high estimate is $877.9M and the low estimate is $809.32M.
