Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Udemy Inc (NASDAQ: UDMY) closed at $8.58 in the last session, up 0.47% from day before closing price of $8.54. In other words, the price has increased by $0.47 from its previous closing price. On the day, 0.55 million shares were traded. UDMY stock price reached its highest trading level at $8.715 during the session, while it also had its lowest trading level at $8.375.
Ratios:
We take a closer look at UDMY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.89. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
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, Scotiabank on Dec-06-24, initiated with a Sector Outperform rating and assigned the stock a target price of $10.
On September 27, 2024, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $10 to $7.50.
On August 08, 2024, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $12.Canaccord Genuity initiated its Buy rating on August 08, 2024, with a $12 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 13 ’24 when VELAYUDHAN PILLAI VENUGOPAL bought 36,321 shares for $8.50 per share.
VELAYUDHAN PILLAI VENUGOPAL bought 6,700 shares of UDMY for $58,326 on Nov 11 ’24. On Nov 06 ’24, another insider, Bali Eren, who serves as the Chief Technology Officer of the company, sold 35,518 shares for $9.00 each. As a result, the insider received 319,666 and left with 2,225,532 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, UDMY now has a Market Capitalization of 1251830528 and an Enterprise Value of 906838144. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 6.41. Its current Enterprise Value per Revenue stands at 1.168 whereas that against EBITDA is -10.582.
Stock Price History:
Over the past 52 weeks, UDMY has reached a high of $16.01, while it has fallen to a 52-week low of $6.67. The 50-Day Moving Average of the stock is 7.06%, while the 200-Day Moving Average is calculated to be -3.52%.
Shares Statistics:
According to the various share statistics, UDMY traded on average about 743.03K shares per day over the past 3-months and 838520 shares per day over the past 10 days. A total of 146.69M shares are outstanding, with a floating share count of 75.53M. Insiders hold about 48.23% of the company’s shares, while institutions hold 42.46% stake in the company. Shares short for UDMY as of 1731628800 were 7170142 with a Short Ratio of 9.65, compared to 1728950400 on 7432935. Therefore, it implies a Short% of Shares Outstanding of 7170142 and a Short% of Float of 8.2100004.
