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The closing price of Roku Inc (NASDAQ: ROKU) was $62.77 for the day, up 1.26% from the previous closing price of $61.99. In other words, the price has increased by $1.26 from its previous closing price. On the day, 2.19 million shares were traded. ROKU stock price reached its highest trading level at $62.85 during the session, while it also had its lowest trading level at $61.24.
Ratios:
Our analysis of ROKU’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.57. For the most recent quarter (mrq), Quick Ratio is recorded 2.63 and its Current Ratio is at 2.72. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.23.
On April 29, 2024, Seaport Research Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $74.
Wells Fargo Downgraded its Equal Weight to Underweight on February 27, 2024, whereas the target price for the stock was revised from $77 to $51.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 16 ’24 when Collier Charles sold 3,590 shares for $65.00 per share. The transaction valued at 233,350 led to the insider holds 12,064 shares of the business.
KAY STEPHEN H sold 12,124 shares of ROKU for $673,973 on Jun 13 ’24. The SVP General Counsel, Secretary now owns 91,905 shares after completing the transaction at $55.59 per share. On Jun 10 ’24, another insider, Fyfield Mai, who serves as the Director of the company, sold 650 shares for $57.88 each. As a result, the insider received 37,622 and left with 3,259 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, ROKU now has a Market Capitalization of 9082128384 and an Enterprise Value of 7651088896. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.42 while its Price-to-Book (P/B) ratio in mrq is 3.80. Its current Enterprise Value per Revenue stands at 2.042 whereas that against EBITDA is 407.667.
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 7.87%, while the 200-Day Moving Average is calculated to be -12.50%.
Shares Statistics:
ROKU traded an average of 3.37M shares per day over the past three months and 2760810 shares per day over the past ten days. A total of 144.69M shares are outstanding, with a floating share count of 126.42M. Insiders hold about 12.62% of the company’s shares, while institutions hold 71.47% stake in the company. Shares short for ROKU as of 1722384000 were 10284278 with a Short Ratio of 3.05, compared to 1719532800 on 12028308. Therefore, it implies a Short% of Shares Outstanding of 10284278 and a Short% of Float of 9.2.
Earnings Estimates
A comprehensive evaluation of Roku Inc (ROKU) is underway, with the input of 21.0 analysts contributing to its current rating.The consensus estimate for the next quarter is -$0.5, with high estimates of -$0.22 and low estimates of -$0.68.
Analysts are recommending an EPS of between -$1.15 and -$1.69 for the fiscal current year, implying an average EPS of -$1.41. EPS for the following year is -$1.02, with 23.0 analysts recommending between -$0.03 and -$1.86.
Revenue Estimates
For the next quarter, 23 analysts are estimating revenue of $1.11B. There is a high estimate of $1.13B for the next quarter, whereas the lowest estimate is $1.09B.
A total of 26 analysts have provided revenue estimates for ROKU’s current fiscal year. The highest revenue estimate was $4.03B, while the lowest revenue estimate was $3.94B, resulting in an average revenue estimate of $3.97B. In the same quarter a year ago, actual revenue was $3.48BBased on 25 analysts’ estimates, the company’s revenue will be $4.48B in the next fiscal year. The high estimate is $4.59B and the low estimate is $4.33B.
