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The closing price of Roku Inc (NASDAQ: ROKU) was $77.36 for the day, up 3.60% from the previous closing price of $74.67. In other words, the price has increased by $3.60 from its previous closing price. On the day, 5.66 million shares were traded. ROKU stock price reached its highest trading level at $78.664 during the session, while it also had its lowest trading level at $76.0.
Ratios:
Our analysis of ROKU’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 5.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.14. For the most recent quarter (mrq), Quick Ratio is recorded 2.63 and its Current Ratio is at 2.72. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.23.
On September 05, 2024, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $50 to $72.
Guggenheim Upgraded its Neutral to Buy on August 23, 2024, while the target price for the stock was maintained at $75.
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 Sep 17 ’24 when DANIEL JEDDA bought 1,000 shares for $75.33 per share.
Collier Charles sold 15,454 shares of ROKU for $1,159,050 on Sep 12 ’24. The President, Roku Media now owns 200 shares after completing the transaction at $75.00 per share. On Sep 12 ’24, another insider, Wood Anthony J., who serves as the CEO and Chairman BOD of the company, sold 25,000 shares for $75.00 each. As a result, the insider received 1,875,000 and left with 0 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 11193140224 and an Enterprise Value of 9762097152. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.99 while its Price-to-Book (P/B) ratio in mrq is 4.68. Its current Enterprise Value per Revenue stands at 2.606 whereas that against EBITDA is 520.146.
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 24.20%, while the 200-Day Moving Average is calculated to be 11.09%.
Shares Statistics:
ROKU traded an average of 3.65M shares per day over the past three months and 3906860 shares per day over the past ten days. A total of 144.69M shares are outstanding, with a floating share count of 126.50M. Insiders hold about 12.58% of the company’s shares, while institutions hold 71.38% stake in the company. Shares short for ROKU as of 1724976000 were 10047429 with a Short Ratio of 2.75, compared to 1722384000 on 10284278. Therefore, it implies a Short% of Shares Outstanding of 10047429 and a Short% of Float of 8.9899994.
