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The price of Roku Inc (NASDAQ: ROKU) closed at $62.55 in the last session, down -0.35% from day before closing price of $62.77. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 2.54 million shares were traded. ROKU stock price reached its highest trading level at $64.245 during the session, while it also had its lowest trading level at $62.2968.
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 4.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.28. For the most recent quarter (mrq), Quick Ratio is recorded 2.50 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.24.
On April 29, 2024, Seaport Research Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $74.
Wells Fargo Downgraded its Equal Weight to Underweight on February 27, 2024, whereas the target price for the stock was revised from $77 to $51.
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 Jul 16 ’24 when Collier Charles sold 3,590 shares for $65.00 per share. The transaction valued at 233,350 led to the insider holds 12,064 shares of the business.
KAY STEPHEN H sold 12,124 shares of ROKU for $673,973 on Jun 13 ’24. The SVP General Counsel, Secretary now owns 91,905 shares after completing the transaction at $55.59 per share. On Jun 10 ’24, another insider, Fyfield Mai, who serves as the Director of the company, sold 650 shares for $57.88 each. As a result, the insider received 37,622 and left with 3,259 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 9017708544 and an Enterprise Value of 7601475072. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.49 while its Price-to-Book (P/B) ratio in mrq is 3.83. Its current Enterprise Value per Revenue stands at 2.097 whereas that against EBITDA is -156.396.
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 $51.51. The 50-Day Moving Average of the stock is 6.30%, while the 200-Day Moving Average is calculated to be -13.84%.
Shares Statistics:
According to the various share statistics, ROKU traded on average about 3.79M shares per day over the past 3-months and 3351364 shares per day over the past 10 days. A total of 126.12M shares are outstanding, with a floating share count of 125.99M. Insiders hold about 12.61% of the company’s shares, while institutions hold 70.32% stake in the company. Shares short for ROKU as of 1719532800 were 12028308 with a Short Ratio of 3.17, compared to 1717113600 on 11232131. Therefore, it implies a Short% of Shares Outstanding of 12028308 and a Short% of Float of 10.8100004.
