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In the latest session, Uber Technologies Inc (NYSE: UBER) closed at $79.16 down -0.93% from its previous closing price of $79.90. In other words, the price has decreased by -$0.93 from its previous closing price. On the day, 14.03 million shares were traded. UBER stock price reached its highest trading level at $80.55 during the session, while it also had its lowest trading level at $78.81.
Ratios:
For a deeper understanding of Uber Technologies Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.99. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.89.
On October 07, 2024, Truist reiterated its Buy rating and also lowered its target price recommendation from $88 to $99.
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 Sep 16 ’24 when Hazelbaker Jill sold 40,000 shares for $72.00 per share. The transaction valued at 2,880,044 led to the insider holds 127,352 shares of the business.
Jill Hazelbaker bought 138,115 shares of UBER for $9,052,057 on Aug 08 ’24. On Jul 15 ’24, another insider, KHOSROWSHAHI DARA, who serves as the Chief Executive Officer of the company, sold 500,000 shares for $71.91 each. As a result, the insider received 35,957,114 and left with 1,266,114 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, UBER now has a Market Capitalization of 166310428672 and an Enterprise Value of 172748193792. As of this moment, Uber’s Price-to-Earnings (P/E) ratio for their current fiscal year is 85.16, and their Forward P/E ratio for the next fiscal year is 34.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.15 while its Price-to-Book (P/B) ratio in mrq is 13.45. Its current Enterprise Value per Revenue stands at 4.312 whereas that against EBITDA is 61.762.
Stock Price History:
Over the past 52 weeks, UBER has reached a high of $87.00, while it has fallen to a 52-week low of $40.09. The 50-Day Moving Average of the stock is 6.67%, while the 200-Day Moving Average is calculated to be 11.16%.
Shares Statistics:
For the past three months, UBER has traded an average of 16.07M shares per day and 20626600 over the past ten days. A total of 2.07B shares are outstanding, with a floating share count of 2.02B. Insiders hold about 3.90% of the company’s shares, while institutions hold 79.58% stake in the company. Shares short for UBER as of 1727654400 were 52601040 with a Short Ratio of 3.27, compared to 1724976000 on 51851539. Therefore, it implies a Short% of Shares Outstanding of 52601040 and a Short% of Float of 2.5999999.
