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The closing price of Roku Inc (NASDAQ: ROKU) was $74.32 for the day, down -1.18% from the previous closing price of $75.21. In other words, the price has decreased by -$1.18 from its previous closing price. On the day, 2.26 million shares were traded. ROKU stock price reached its highest trading level at $76.35 during the session, while it also had its lowest trading level at $74.2.
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 5.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 129.64. 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:
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 Nov 11 ’24 when Wood Anthony J. sold 25,000 shares for $75.00 per share. The transaction valued at 1,875,000 led to the insider holds 26,538 shares of the business.
THE WOOD REVOCABLE TRUST U/A D bought 25,000 shares of ROKU for $1,845,500 on Nov 11 ’24. On Nov 01 ’24, another insider, Banks Matthew C., who serves as the VP, Corp Controller & CAO of the company, sold 210 shares for $63.36 each. As a result, the insider received 13,306 and left with 6,843 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 10791190528 and an Enterprise Value of 9277425664. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.77 while its Price-to-Book (P/B) ratio in mrq is 4.39. Its current Enterprise Value per Revenue stands at 2.381 whereas that against EBITDA is 172.494.
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 0.06%, while the 200-Day Moving Average is calculated to be 12.99%.
Shares Statistics:
ROKU traded an average of 3.67M shares per day over the past three months and 6161410 shares per day over the past ten days. A total of 145.20M shares are outstanding, with a floating share count of 127.03M. Insiders hold about 12.51% of the company’s shares, while institutions hold 70.12% stake in the company. Shares short for ROKU as of 1730332800 were 8932160 with a Short Ratio of 2.44, compared to 1727654400 on 10354209. Therefore, it implies a Short% of Shares Outstanding of 8932160 and a Short% of Float of 7.85.
