Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Udemy Inc (NASDAQ: UDMY) closed at $7.54 up 0.67% from its previous closing price of $7.49. In other words, the price has increased by $0.67 from its previous closing price. On the day, 0.96 million shares were traded. UDMY stock price reached its highest trading level at $7.611 during the session, while it also had its lowest trading level at $7.39.
Ratios:
For a deeper understanding of Udemy 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 3.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.54. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
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, Scotiabank on December 05, 2024, initiated with a Sector Outperform rating and assigned the stock a target price of $10.
On September 27, 2024, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $10 to $7.50.
On August 08, 2024, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $12.Canaccord Genuity initiated its Buy rating on August 08, 2024, with a $12 target price.
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 Jan 21 ’25 when NASPERS LTD sold 3,200,000 shares for $7.84 per share. The transaction valued at 25,088,000 led to the insider holds 13,920,840 shares of the business.
Brown Gregory Scott sold 10,000 shares of UDMY for $87,060 on Dec 06 ’24. The President and CEO now owns 1,183,086 shares after completing the transaction at $8.71 per share. On Dec 06 ’24, another insider, GREGORY S BROWN, who serves as the Director of the company, bought 10,000 shares for $8.58 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 1100093440 and an Enterprise Value of 755100672. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 5.64. Its current Enterprise Value per Revenue stands at 0.973 whereas that against EBITDA is -8.811.
Stock Price History:
The Beta on a monthly basis for UDMY is 1.82, which has changed by -0.47783935 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, UDMY has reached a high of $14.74, while it has fallen to a 52-week low of $6.67. The 50-Day Moving Average of the stock is -7.46%, while the 200-Day Moving Average is calculated to be -10.73%.
Shares Statistics:
For the past three months, UDMY has traded an average of 728.92K shares per day and 803130 over the past ten days. A total of 146.69M shares are outstanding, with a floating share count of 77.13M. Insiders hold about 49.33% of the company’s shares, while institutions hold 42.36% stake in the company. Shares short for UDMY as of 1735603200 were 6808819 with a Short Ratio of 9.34, compared to 1732838400 on 6917740. Therefore, it implies a Short% of Shares Outstanding of 6808819 and a Short% of Float of 7.79.
