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The price of Roku Inc (NASDAQ: ROKU) closed at $74.01 in the last session, down -3.08% from day before closing price of $76.36. In other words, the price has decreased by -$3.08 from its previous closing price. On the day, 2.99 million shares were traded. ROKU stock price reached its highest trading level at $76.1 during the session, while it also had its lowest trading level at $73.58.
Ratios:
We take a closer look at ROKU’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 5.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.41. For the most recent quarter (mrq), Quick Ratio is recorded 2.63 and its Current Ratio is at 2.72. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.23.
On September 05, 2024, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $50 to $72.
Guggenheim Upgraded its Neutral to Buy on August 23, 2024, while the target price for the stock was maintained at $75.
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 Sep 17 ’24 when Jedda Dan sold 1,000 shares for $75.33 per share. The transaction valued at 75,330 led to the insider holds 54,267 shares of the business.
DANIEL JEDDA bought 1,000 shares of ROKU for $75,330 on Sep 17 ’24. On Sep 12 ’24, another insider, Collier Charles, who serves as the President, Roku Media of the company, sold 15,454 shares for $75.00 each. As a result, the insider received 1,159,050 and left with 200 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 10708432896 and an Enterprise Value of 9277389824. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.86 while its Price-to-Book (P/B) ratio in mrq is 4.48. Its current Enterprise Value per Revenue stands at 2.477 whereas that against EBITDA is 494.32.
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 16.13%, while the 200-Day Moving Average is calculated to be 7.35%.
Shares Statistics:
According to the various share statistics, ROKU traded on average about 3.72M shares per day over the past 3-months and 3899460 shares per day over the past 10 days. A total of 144.69M shares are outstanding, with a floating share count of 126.50M. Insiders hold about 12.57% of the company’s shares, while institutions hold 71.40% stake in the company. Shares short for ROKU as of 1724976000 were 10047429 with a Short Ratio of 2.66, compared to 1722384000 on 10284278. Therefore, it implies a Short% of Shares Outstanding of 10047429 and a Short% of Float of 8.9899994.
