For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Ibotta Inc (NYSE: IBTA) closed at $64.24 down -11.54% from its previous closing price of $72.62. In other words, the price has decreased by -$11.54 from its previous closing price. On the day, 0.73 million shares were traded. IBTA stock price reached its highest trading level at $72.725 during the session, while it also had its lowest trading level at $64.055.
Ratios:
For a deeper understanding of Ibotta Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.72 and its Current Ratio is at 2.72. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 the company, UBS on November 14, 2024, Downgraded its rating to Neutral and sets its target price to $65 from $90 previously.
On October 14, 2024, Goldman Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $87.
Needham reiterated its Buy rating for the stock on August 14, 2024, while the target price for the stock was revised from $125 to $100.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 16 ’24 when Daspit Marisa sold 521 shares for $74.17 per share. The transaction valued at 38,641 led to the insider holds 22,685 shares of the business.
Daspit Marisa bought 521 shares of IBTA for $38,641 on Dec 16 ’24. On Dec 12 ’24, another insider, Lehrman Thomas D, who serves as the Director of the company, sold 145,141 shares for $73.49 each. As a result, the insider received 10,667,135 and left with 64,599 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, IBTA now has a Market Capitalization of 1765970432 and an Enterprise Value of 1628534016. As of this moment, Ibotta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 171.12, and their Forward P/E ratio for the next fiscal year is 25.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.34 while its Price-to-Book (P/B) ratio in mrq is 5.20. Its current Enterprise Value per Revenue stands at 4.419 whereas that against EBITDA is 37.219.
Stock Price History:
Over the past 52 weeks, IBTA has reached a high of $117.59, while it has fallen to a 52-week low of $41.87. The 50-Day Moving Average of the stock is -9.94%, while the 200-Day Moving Average is calculated to be -12.40%.
Shares Statistics:
For the past three months, IBTA has traded an average of 277.76K shares per day and 372570 over the past ten days. A total of 27.48M shares are outstanding, with a floating share count of 15.92M. Insiders hold about 48.01% of the company’s shares, while institutions hold 44.15% stake in the company. Shares short for IBTA as of 1732838400 were 1218628 with a Short Ratio of 4.39, compared to 1730332800 on 931924. Therefore, it implies a Short% of Shares Outstanding of 1218628 and a Short% of Float of 7.630000000000001.