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As of close of business last night, Uber Technologies Inc’s stock clocked out at $71.93, up 1.22% from its previous closing price of $71.06. In other words, the price has increased by $1.22 from its previous closing price. On the day, 12.25 million shares were traded. UBER stock price reached its highest trading level at $72.0 during the session, while it also had its lowest trading level at $70.61.
Ratios:
To gain a deeper understanding of UBER’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.79. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.89.
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, Melius on July 22, 2024, initiated with a Hold rating and assigned the stock a target price of $77.
On July 16, 2024, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $90.
BTIG Research reiterated its Buy rating for the stock on February 22, 2024, while the target price for the stock was revised from $80 to $90.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 08 ’24 when Jill Hazelbaker bought 138,115 shares for $65.54 per share.
KHOSROWSHAHI DARA sold 500,000 shares of UBER for $35,957,114 on Jul 15 ’24. The Chief Executive Officer now owns 1,266,114 shares after completing the transaction at $71.91 per share. On Jun 17 ’24, another insider, KHOSROWSHAHI DARA, who serves as the Chief Executive Officer of the company, sold 1,000,000 shares for $70.42 each. As a result, the insider received 70,421,300 and left with 1,266,114 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, UBER now has a Market Capitalization of 151120609280 and an Enterprise Value of 157558407168. As of this moment, Uber’s Price-to-Earnings (P/E) ratio for their current fiscal year is 77.39, and their Forward P/E ratio for the next fiscal year is 32.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.77 while its Price-to-Book (P/B) ratio in mrq is 12.22. Its current Enterprise Value per Revenue stands at 3.933 whereas that against EBITDA is 56.331.
Stock Price History:
Over the past 52 weeks, UBER has reached a high of $82.14, while it has fallen to a 52-week low of $40.09. The 50-Day Moving Average of the stock is 5.10%, while the 200-Day Moving Average is calculated to be 7.74%.
Shares Statistics:
It appears that UBER traded 17.15M shares on average per day over the past three months and 23669570 shares per day over the past ten days. A total of 2.07B shares are outstanding, with a floating share count of 2.02B. Insiders hold about 3.93% of the company’s shares, while institutions hold 80.32% stake in the company. Shares short for UBER as of 1722384000 were 43795610 with a Short Ratio of 2.55, compared to 1719532800 on 51946351. Therefore, it implies a Short% of Shares Outstanding of 43795610 and a Short% of Float of 2.17.
Earnings Estimates
Uber Technologies Inc (UBER) is currently under the scrutiny of 28.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $0.48, with high estimates of $0.78 and low estimates of $0.33.
Analysts are recommending an EPS of between $1.44 and $0.7 for the fiscal current year, implying an average EPS of $1.02. EPS for the following year is $2.26, with 33.0 analysts recommending between $2.95 and $1.67.
Revenue Estimates
In the current quarter, 37 analysts expect revenue to total $10.96B. It ranges from a high estimate of $11.15B to a low estimate of $10.5B. As of the current estimate, Uber Technologies Inc’s year-ago sales were $9.29BFor the next quarter, 37 analysts are estimating revenue of $11.58B. There is a high estimate of $11.95B for the next quarter, whereas the lowest estimate is $11.23B.
A total of 41 analysts have provided revenue estimates for UBER’s current fiscal year. The highest revenue estimate was $43.93B, while the lowest revenue estimate was $42.59B, resulting in an average revenue estimate of $43.37B. In the same quarter a year ago, actual revenue was $34.83BBased on 41 analysts’ estimates, the company’s revenue will be $50.1B in the next fiscal year. The high estimate is $52.16B and the low estimate is $44.25B.
