As of close of business last night, Roku Inc.’s stock clocked out at $74.39, down -2.45% from its previous closing price of $76.26. In other words, the price has decreased by -$1.87 from its previous closing price. On the day, 4778906 shares were traded.
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Ratios:
To gain a deeper understanding of ROKU’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.70 and its Current Ratio is at 2.80. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, Wedbush on September 07, 2023, Reiterated its Outperform rating but revised its target price to $100 from $93 previously.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 14 when Katz Gidon sold 1,968 shares for $79.14 per share. The transaction valued at 155,748 led to the insider holds 22,572 shares of the business.
Collier Charles sold 14,172 shares of ROKU for $1,316,437 on Sep 06. The President, Roku Media now owns 16,569 shares after completing the transaction at $92.89 per share. On Sep 06, another insider, Fuchsberg Gilbert, who serves as the SVP, Corporate Development of the company, sold 1,596 shares for $92.89 each. As a result, the insider received 148,252 and left with 33,670 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 10.53B and an Enterprise Value of 9.42B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.34 while its Price-to-Book (P/B) ratio in mrq is 4.14. Its current Enterprise Value per Revenue stands at 2.93 whereas that against EBITDA is -17.78.
Stock Price History:
Over the past 52 weeks, ROKU has reached a high of $98.44, while it has fallen to a 52-week low of $38.26. The 50-Day Moving Average of the stock is 79.89, while the 200-Day Moving Average is calculated to be 63.53.
Shares Statistics:
It appears that ROKU traded 8.52M shares on average per day over the past three months and 9.37M shares per day over the past ten days. A total of 141.03M shares are outstanding, with a floating share count of 123.53M. Insiders hold about 0.10% of the company’s shares, while institutions hold 77.80% stake in the company. Shares short for ROKU as of Aug 30, 2023 were 10.16M with a Short Ratio of 10.16M, compared to 11.42M on Jul 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 7.18% and a Short% of Float of 9.14%.
Earnings Estimates
As of right now, 24 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$1.73 for the current quarter, with a high estimate of -$0.84 and a low estimate of -$3.08, while EPS last year was -$0.88. The consensus estimate for the next quarter is -$1.21, with high estimates of -$0.62 and low estimates of -$1.68.
Analysts are recommending an EPS of between -$3.6 and -$6.83 for the fiscal current year, implying an average EPS of -$5.03. EPS for the following year is -$2.66, with 27 analysts recommending between -$1.39 and -$4.35.
Revenue Estimates
In the current quarter, 24 analysts expect revenue to total $849.19M. It ranges from a high estimate of $875.9M to a low estimate of $815.1M. As of the current estimate, Roku Inc.’s year-ago sales were $694.01M, an estimated increase of 22.40% from the year-ago figure. For the next quarter, 24 analysts are estimating revenue of $955.18M, an increase of 10.20% less than the figure of $22.40% in the same quarter last year. There is a high estimate of $1.05B for the next quarter, whereas the lowest estimate is $915.93M.
A total of 31 analysts have provided revenue estimates for ROKU’s current fiscal year. The highest revenue estimate was $3.51B, while the lowest revenue estimate was $3.13B, resulting in an average revenue estimate of $3.38B. In the same quarter a year ago, actual revenue was $3.13B, up 8.00% from the average estimate. Based on 30 analysts’ estimates, the company’s revenue will be $3.86B in the next fiscal year. The high estimate is $4.29B and the low estimate is $3.45B. The average revenue growth estimate for next year is up 14.40% from the average revenue estimate for this year.