Maplebear Inc. (CART)’s valuation ratios: A closer look

The closing price of Maplebear Inc. (NASDAQ: CART) was $25.25 for the day, up 0.84% from the previous closing price of $25.04. In other words, the price has increased by $+0.21 from its previous closing price. On the day, 696543 shares were traded. CART stock price reached its highest trading level at $25.43 during the session, while it also had its lowest trading level at $24.89.

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Our analysis of CART’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 3.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.59. For the most recent quarter (mrq), Quick Ratio is recorded 4.50 and its Current Ratio is at 4.50. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

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, MoffettNathanson on October 23, 2023, initiated with a Market Perform rating and assigned the stock a target price of $30.

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 Sep 21 when SC US (TTGP), LTD. bought 1,000,000 shares for $30.00 per share. The transaction valued at 30,000,000 led to the insider holds 1,000,000 shares of the business.

SC US (TTGP), LTD. bought 1,000,000 shares of CART for $30,000,000 on Sep 21. The 10% Owner now owns 1,000,000 shares after completing the transaction at $30.00 per share. On Sep 21, another insider, SC US (TTGP), LTD., who serves as the 10% Owner of the company, bought 1,000,000 shares for $30.00 each. As a result, the insider paid 30,000,000 and bolstered with 1,000,000 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, CART now has a Market Capitalization of 7.08B and an Enterprise Value of 5.05B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.36 while its Price-to-Book (P/B) ratio in mrq is 2.03. Its current Enterprise Value per Revenue stands at 1.69 whereas that against EBITDA is -2.49.

Stock Price History:

Over the past 52 weeks, CART has reached a high of $42.95, while it has fallen to a 52-week low of $23.36. The 50-Day Moving Average of the stock is 26.62, while the 200-Day Moving Average is calculated to be 26.62.

Shares Statistics:

CART traded an average of 3.37M shares per day over the past three months and 1.85M shares per day over the past ten days. A total of 276.65M shares are outstanding, with a floating share count of 134.81M. Insiders hold about 56.65% of the company’s shares, while institutions hold 30.92% stake in the company. Shares short for CART as of Oct 30, 2023 were 5.59M with a Short Ratio of 5.59M, compared to 3.63M on Sep 28, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.02% and a Short% of Float of 3.38%.

Earnings Estimates

The firm’s stock currently is rated by 11 analysts. The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.06 and low estimates of -$0.16.

Analysts are recommending an EPS of between -$7.44 and -$21.01 for the fiscal current year, implying an average EPS of -$14.26. EPS for the following year is $0.27, with 11 analysts recommending between $0.55 and $0.04.

Revenue Estimates

Based on 15 analysts’ estimates, the company’s revenue will be $3.27B in the next fiscal year. The high estimate is $3.31B and the low estimate is $3.25B. The average revenue growth estimate for next year is up 7.70% from the average revenue estimate for this year.

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