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After finishing at $73.13 in the prior trading day, Uber Technologies Inc (NYSE: UBER) closed at $71.89, down -1.70%. In other words, the price has decreased by -$1.70 from its previous closing price. On the day, 13.04 million shares were traded. UBER stock price reached its highest trading level at $73.61 during the session, while it also had its lowest trading level at $71.21.
Ratios:
Our goal is to gain a better understanding of UBER by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.78. 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.
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, Melius on July 22, 2024, initiated with a Hold rating and assigned the stock a target price of $77.
On July 16, 2024, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $90.
BTIG Research reiterated its Buy rating for the stock on February 22, 2024, while the target price for the stock was revised from $80 to $90.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 08 ’24 when Jill Hazelbaker bought 138,115 shares for $65.54 per share.
KHOSROWSHAHI DARA sold 500,000 shares of UBER for $35,957,114 on Jul 15 ’24. The Chief Executive Officer now owns 1,266,114 shares after completing the transaction at $71.91 per share. On Jun 17 ’24, another insider, KHOSROWSHAHI DARA, who serves as the Chief Executive Officer of the company, sold 1,000,000 shares for $70.42 each. As a result, the insider received 70,421,300 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 151036575744 and an Enterprise Value of 157474373632. As of this moment, Uber’s Price-to-Earnings (P/E) ratio for their current fiscal year is 77.34, and their Forward P/E ratio for the next fiscal year is 31.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.77 while its Price-to-Book (P/B) ratio in mrq is 12.21. Its current Enterprise Value per Revenue stands at 3.931 whereas that against EBITDA is 56.301.
Stock Price History:
Over the past 52 weeks, UBER has reached a high of $82.14, while it has fallen to a 52-week low of $40.09. The 50-Day Moving Average of the stock is 3.47%, while the 200-Day Moving Average is calculated to be 5.00%.
Shares Statistics:
The stock has traded on average 15.99M shares per day over the past 3-months and 10502450 shares per day over the last 10 days, according to various share statistics. A total of 2.07B shares are outstanding, with a floating share count of 2.02B. Insiders hold about 3.92% of the company’s shares, while institutions hold 81.40% stake in the company. Shares short for UBER as of 1723680000 were 50267561 with a Short Ratio of 3.14, compared to 1721001600 on 49300126. Therefore, it implies a Short% of Shares Outstanding of 50267561 and a Short% of Float of 2.48.
