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In the latest session, Maplebear Inc. (NASDAQ: CART) closed at $36.35 down -1.62% from its previous closing price of $36.95. In other words, the price has decreased by -$1.62 from its previous closing price. On the day, 2.33 million shares were traded. CART stock price reached its highest trading level at $37.15 during the session, while it also had its lowest trading level at $35.77.
Ratios:
For a deeper understanding of Maplebear Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.21. For the most recent quarter (mrq), Quick Ratio is recorded 4.51 and its Current Ratio is at 4.51. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On March 25, 2024, Macquarie started tracking the stock assigning a Outperform rating and target price of $42.
Bernstein Upgraded its Mkt Perform to Outperform on March 14, 2024, whereas the target price for the stock was revised from $30 to $43.
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 Apr 01 ’24 when Ramsay Alan sold 12,113 shares for $37.20 per share. The transaction valued at 450,658 led to the insider holds 102,092 shares of the business.
Simo Fidji sold 20,750 shares of CART for $789,830 on Mar 26 ’24. The PRESIDENT AND CEO now owns 888,365 shares after completing the transaction at $38.06 per share. On Mar 21 ’24, another insider, Fong Morgan, who serves as the GENERAL COUNSEL & SECRETARY of the company, sold 18,689 shares for $37.62 each. As a result, the insider received 703,103 and left with 264,379 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, CART now has a Market Capitalization of 9687238656 and an Enterprise Value of 7718232576. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.18 while its Price-to-Book (P/B) ratio in mrq is 2.70. Its current Enterprise Value per Revenue stands at 2.537 whereas that against EBITDA is -3.661.
Stock Price History:
Over the past 52 weeks, CART has reached a high of $42.95, while it has fallen to a 52-week low of $22.13. The 50-Day Moving Average of the stock is 8.53%, while the 200-Day Moving Average is calculated to be 28.68%.
Shares Statistics:
For the past three months, CART has traded an average of 4.40M shares per day and 2727050 over the past ten days. A total of 279.05M shares are outstanding, with a floating share count of 107.53M. Insiders hold about 59.65% of the company’s shares, while institutions hold 32.18% stake in the company. Shares short for CART as of 1711584000 were 8437405 with a Short Ratio of 1.92, compared to 1709164800 on 8490364. Therefore, it implies a Short% of Shares Outstanding of 8437405 and a Short% of Float of 5.43.
Earnings Estimates
The stock of Maplebear Inc. (CART) is currently drawing attention from Caterpillar, Inc. analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $80.36, with high estimates of $54.02 and low estimates of $54.25.
Analysts are recommending an EPS of between $Industrials and $Industrials for the fiscal current year, implying an average EPS of $Technology.
