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After finishing at $65.70 in the prior trading day, Roku Inc (NASDAQ: ROKU) closed at $67.18, up 2.25%. In other words, the price has increased by $2.25 from its previous closing price. On the day, 6.68 million shares were traded. ROKU stock price reached its highest trading level at $69.82 during the session, while it also had its lowest trading level at $64.511.
Ratios:
Our goal is to gain a better understanding of ROKU 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 4.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 116.75. For the most recent quarter (mrq), Quick Ratio is recorded 2.40 and its Current Ratio is at 2.56. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.22.
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, JP Morgan on October 10, 2024, Reiterated its Overweight rating but revised its target price to $92 from $90 previously.
On October 01, 2024, MoffettNathanson Upgraded its rating to Neutral which previously was Sell but kept the price unchanged to $80.
Wolfe Research Upgraded its Peer Perform to Outperform on September 12, 2024, while the target price for the stock was maintained at $93.
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 Nov 01 ’24 when Banks Matthew C. sold 210 shares for $63.36 per share. The transaction valued at 13,306 led to the insider holds 6,843 shares of the business.
Jedda Dan sold 1,000 shares of ROKU for $76,250 on Oct 15 ’24. The CFO now owns 53,267 shares after completing the transaction at $76.25 per share. On Oct 15 ’24, another insider, DANIEL JEDDA, who serves as the Officer of the company, bought 1,000 shares for $76.25 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ROKU now has a Market Capitalization of 9539560448 and an Enterprise Value of 8242881024. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.49 while its Price-to-Book (P/B) ratio in mrq is 3.96. Its current Enterprise Value per Revenue stands at 2.116 whereas that against EBITDA is 153.259.
Stock Price History:
Over the past 52 weeks, ROKU has reached a high of $108.84, while it has fallen to a 52-week low of $48.33. The 50-Day Moving Average of the stock is -8.23%, while the 200-Day Moving Average is calculated to be 1.16%.
Shares Statistics:
The stock has traded on average 3.71M shares per day over the past 3-months and 5293260 shares per day over the last 10 days, according to various share statistics. A total of 144.66M shares are outstanding, with a floating share count of 126.50M. Insiders hold about 12.55% of the company’s shares, while institutions hold 70.30% stake in the company. Shares short for ROKU as of 1728950400 were 10284472 with a Short Ratio of 2.78, compared to 1726185600 on 9904486. Therefore, it implies a Short% of Shares Outstanding of 10284472 and a Short% of Float of 9.04.
