The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of Roblox Corporation (NYSE: RBLX) was $58.94 for the day, up 8.07% from the previous closing price of $54.54. In other words, the price has increased by $8.07 from its previous closing price. On the day, 20.99 million shares were traded. RBLX stock price reached its highest trading level at $59.14 during the session, while it also had its lowest trading level at $54.74.
Ratios:
Our analysis of RBLX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 64.45. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 0.81. In the meantime, Its Debt-to-Equity ratio is 9.26 whereas as Long-Term Debt/Eq ratio is at 8.56.
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, Morgan Stanley on November 04, 2024, Upgraded its rating to Overweight and sets its target price to $65 from $38 previously.
On September 09, 2024, BTIG Research reiterated its Buy rating and also lowered its target price recommendation from $47 to $51.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 05 ’24 when Michael Guthrie bought 100,000 shares for $58.94 per share.
THE BASZUCKI FAMILY FOUNDATION bought 66,667 shares of RBLX for $3,636,018 on Dec 05 ’24. On Dec 05 ’24, another insider, 2020 DAVID BASZUCKI GIFT TRUST, who serves as the Director of the company, bought 41,667 shares for $54.54 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RBLX now has a Market Capitalization of 35808821248 and an Enterprise Value of 38102716416. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.50 while its Price-to-Book (P/B) ratio in mrq is 203.64. Its current Enterprise Value per Revenue stands at 11.328 whereas that against EBITDA is -40.332.
Stock Price History:
Over the past 52 weeks, RBLX has reached a high of $55.10, while it has fallen to a 52-week low of $29.55. The 50-Day Moving Average of the stock is 25.55%, while the 200-Day Moving Average is calculated to be 44.62%.
Shares Statistics:
RBLX traded an average of 8.39M shares per day over the past three months and 8171590 shares per day over the past ten days. A total of 607.45M shares are outstanding, with a floating share count of 529.87M. Insiders hold about 19.25% of the company’s shares, while institutions hold 63.56% stake in the company. Shares short for RBLX as of 1731628800 were 25252024 with a Short Ratio of 3.01, compared to 1728950400 on 32429133. Therefore, it implies a Short% of Shares Outstanding of 25252024 and a Short% of Float of 6.3200004000000005.
