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The closing price of Uber Technologies Inc (NYSE: UBER) was $72.29 for the day, down -0.19% from the previous closing price of $72.43. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 13.45 million shares were traded. UBER stock price reached its highest trading level at $73.25 during the session, while it also had its lowest trading level at $70.7605.
Ratios:
Our analysis of UBER’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 22.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.21. 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 1.02 whereas as Long-Term Debt/Eq ratio is at 0.99.
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, BTIG Research on February 22, 2024, Reiterated its Buy rating but revised its target price to $90 from $80 previously.
On February 08, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $71 to $90.
Gordon Haskett Downgraded its Buy to Hold on January 24, 2024, while the target price for the stock was maintained at $66.
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 Jun 17 ’24 when KHOSROWSHAHI DARA sold 1,000,000 shares for $70.42 per share. The transaction valued at 70,421,300 led to the insider holds 1,266,114 shares of the business.
West Tony sold 28,000 shares of UBER for $1,978,665 on Jun 13 ’24. The insider now owns 96,945 shares after completing the transaction at $70.67 per share. On Jun 06 ’24, another insider, West Tony, who serves as the insider of the company, sold 89,234 shares for $68.18 each. As a result, the insider received 6,083,660 and left with 124,945 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 151051403264 and an Enterprise Value of 158335959040. As of this moment, Uber’s Price-to-Earnings (P/E) ratio for their current fiscal year is 112.83, and their Forward P/E ratio for the next fiscal year is 33.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.91 while its Price-to-Book (P/B) ratio in mrq is 13.64. Its current Enterprise Value per Revenue stands at 4.103 whereas that against EBITDA is 67.263.
Stock Price History:
The Beta on a monthly basis for UBER is 1.36, which has changed by 0.5277368 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. 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 5.65%, while the 200-Day Moving Average is calculated to be 12.28%.
Shares Statistics:
UBER traded an average of 18.21M shares per day over the past three months and 13560900 shares per day over the past ten days. A total of 2.07B shares are outstanding, with a floating share count of 2.01B. Insiders hold about 3.93% of the company’s shares, while institutions hold 78.98% stake in the company. Shares short for UBER as of 1719532800 were 51946351 with a Short Ratio of 2.85, compared to 1717113600 on 46389648. Therefore, it implies a Short% of Shares Outstanding of 51946351 and a Short% of Float of 2.5799999000000002.
