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The price of Roku Inc (NASDAQ: ROKU) closed at $77.56 in the last session, down -1.74% from day before closing price of $78.93. In other words, the price has decreased by -$1.74 from its previous closing price. On the day, 2.89 million shares were traded. ROKU stock price reached its highest trading level at $80.74 during the session, while it also had its lowest trading level at $76.53.
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 5.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.25. 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.
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, JP Morgan on October 10, 2024, Reiterated its Overweight rating but revised its target price to $92 from $90 previously.
On October 01, 2024, MoffettNathanson Upgraded its rating to Neutral which previously was Sell but kept the price unchanged to $80.
Wolfe Research Upgraded its Peer Perform to Outperform on September 12, 2024, while the target price for the stock was maintained at $93.
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 Oct 15 ’24 when Jedda Dan sold 1,000 shares for $76.25 per share. The transaction valued at 76,250 led to the insider holds 53,267 shares of the business.
DANIEL JEDDA bought 1,000 shares of ROKU for $76,250 on Oct 15 ’24. On Oct 10 ’24, another insider, Wood Anthony J., who serves as the CEO and Chairman BOD of the company, sold 25,000 shares for $77.20 each. As a result, the insider received 1,929,932 and left with 0 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 11222077440 and an Enterprise Value of 9791034368. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.00 while its Price-to-Book (P/B) ratio in mrq is 4.69. Its current Enterprise Value per Revenue stands at 2.614 whereas that against EBITDA is 521.688.
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 11.91%, while the 200-Day Moving Average is calculated to be 15.23%.
Shares Statistics:
According to the various share statistics, ROKU traded on average about 3.52M shares per day over the past 3-months and 2373600 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 71.38% stake in the company. Shares short for ROKU as of 1727654400 were 10354209 with a Short Ratio of 2.94, compared to 1724976000 on 10047429. Therefore, it implies a Short% of Shares Outstanding of 10354209 and a Short% of Float of 9.140000500000001.
