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After finishing at $73.61 in the prior trading day, Roku Inc (NASDAQ: ROKU) closed at $68.71, down -6.66%. In other words, the price has decreased by -$6.66 from its previous closing price. On the day, 8.61 million shares were traded. ROKU stock price reached its highest trading level at $69.84 during the session, while it also had its lowest trading level at $65.97.
Ratios:
Our goal is to gain a better understanding of ROKU 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 4.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 119.85. For the most recent quarter (mrq), Quick Ratio is recorded 2.40 and its Current Ratio is at 2.56. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.22.
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 the company, Robert W. Baird on November 18, 2024, Upgraded its rating to Outperform and sets its target price to $90 from $70 previously.
On October 10, 2024, JP Morgan reiterated its Overweight rating and also lowered its target price recommendation from $90 to $92.
MoffettNathanson Upgraded its Sell to Neutral on October 01, 2024, while the target price for the stock was maintained at $80.
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 Nov 19 ’24 when Jedda Dan sold 1,000 shares for $75.00 per share. The transaction valued at 75,000 led to the insider holds 65,555 shares of the business.
Collier Charles sold 10,771 shares of ROKU for $766,273 on Nov 18 ’24. The President, Roku Media now owns 3,790 shares after completing the transaction at $71.14 per share. On Nov 19 ’24, another insider, Collier Charles, who serves as the President, Roku Media of the company, sold 3,590 shares for $75.00 each. As a result, the insider received 269,250 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 9976624128 and an Enterprise Value of 8462857728. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.56 while its Price-to-Book (P/B) ratio in mrq is 4.05. Its current Enterprise Value per Revenue stands at 2.172 whereas that against EBITDA is 157.349.
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 -7.98%, while the 200-Day Moving Average is calculated to be 5.07%.
Shares Statistics:
The stock has traded on average 3.73M shares per day over the past 3-months and 3616130 shares per day over the last 10 days, according to various share statistics. A total of 145.20M shares are outstanding, with a floating share count of 127.04M. Insiders hold about 12.51% of the company’s shares, while institutions hold 73.92% stake in the company. Shares short for ROKU as of 1730332800 were 8932160 with a Short Ratio of 2.40, compared to 1727654400 on 10354209. Therefore, it implies a Short% of Shares Outstanding of 8932160 and a Short% of Float of 7.85.
