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After finishing at $34.69 in the prior trading day, Maplebear Inc. (NASDAQ: CART) closed at $34.48, down -0.61%. In other words, the price has decreased by -$0.61 from its previous closing price. On the day, 4.33 million shares were traded. CART stock price reached its highest trading level at $35.33 during the session, while it also had its lowest trading level at $34.12.
Ratios:
Our goal is to gain a better understanding of CART 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 3.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.27. For the most recent quarter (mrq), Quick Ratio is recorded 4.51 and its Current Ratio is at 4.51. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Loop Capital on April 19, 2024, initiated with a Buy rating and assigned the stock a target price of $46.
On March 25, 2024, Macquarie started tracking the stock assigning a Outperform rating and target price of $42.Macquarie initiated its Outperform rating on March 25, 2024, with a $42 target price.
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 Apr 22 ’24 when Fong Morgan sold 18,687 shares for $34.86 per share. The transaction valued at 651,515 led to the insider holds 418,973 shares of the business.
Giovanni Nick sold 10,000 shares of CART for $369,692 on Apr 17 ’24. The CHIEF FINANCIAL OFFICER now owns 576,977 shares after completing the transaction at $36.97 per share. On Apr 01 ’24, another insider, Ramsay Alan, who serves as the CHIEF ACCOUNTING OFFICER of the company, sold 12,113 shares for $37.20 each. As a result, the insider received 450,658 and left with 102,092 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, CART now has a Market Capitalization of 9228675072 and an Enterprise Value of 7219879936. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.02 while its Price-to-Book (P/B) ratio in mrq is 2.57. Its current Enterprise Value per Revenue stands at 2.373 whereas that against EBITDA is -3.425.
Stock Price History:
Over the past 52 weeks, CART has reached a high of $42.95, while it has fallen to a 52-week low of $22.13. The 50-Day Moving Average of the stock is -1.34%, while the 200-Day Moving Average is calculated to be 20.52%.
Shares Statistics:
The stock has traded on average 4.58M shares per day over the past 3-months and 4098650 shares per day over the last 10 days, according to various share statistics. A total of 279.05M shares are outstanding, with a floating share count of 109.83M. Insiders hold about 58.79% of the company’s shares, while institutions hold 32.36% stake in the company. Shares short for CART as of 1713139200 were 7504240 with a Short Ratio of 1.64, compared to 1710460800 on 8661065. Therefore, it implies a Short% of Shares Outstanding of 7504240 and a Short% of Float of 13.370000000000001.
Earnings Estimates
The current rating of Maplebear Inc. (CART) reflects the combined expertise of 15 analysts actively engaged in assessing its market performance.On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of $0.24 and a low estimate of -$0.26, while EPS last year was -$20.86. The consensus estimate for the next quarter is $0.08, with high estimates of $0.23 and low estimates of -$0.04.
Analysts are recommending an EPS of between $0.92 and $0.14 for the fiscal current year, implying an average EPS of $0.52. EPS for the following year is $0.96, with 18.0 analysts recommending between $2.62 and -$0.14.
Revenue Estimates
For the next quarter, 20 analysts are estimating revenue of $801.03M. There is a high estimate of $822M for the next quarter, whereas the lowest estimate is $783.9M.
A total of 22 analysts have provided revenue estimates for CART’s current fiscal year. The highest revenue estimate was $3.34B, while the lowest revenue estimate was $3.21B, resulting in an average revenue estimate of $3.29B. In the same quarter a year ago, actual revenue was $3.04BBased on 21 analysts’ estimates, the company’s revenue will be $3.58B in the next fiscal year. The high estimate is $3.74B and the low estimate is $3.41B.
