Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $71.06 in the prior trading day, Uber Technologies Inc (NYSE: UBER) closed at $71.25, up 0.27%. In other words, the price has increased by $0.27 from its previous closing price. On the day, 7.22 million shares were traded. UBER stock price reached its highest trading level at $71.78 during the session, while it also had its lowest trading level at $70.75.
Ratios:
Our goal is to gain a better understanding of UBER 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 22.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.69. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 0.99.
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, BTIG Research on February 22, 2024, Reiterated its Buy rating but revised its target price to $90 from $80 previously.
On February 08, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $71 to $90.
Gordon Haskett Downgraded its Buy to Hold on January 24, 2024, while the target price for the stock was maintained at $66.
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 Jun 17 ’24 when KHOSROWSHAHI DARA sold 1,000,000 shares for $70.42 per share. The transaction valued at 70,421,300 led to the insider holds 1,266,114 shares of the business.
West Tony sold 28,000 shares of UBER for $1,978,665 on Jun 13 ’24. The insider now owns 96,945 shares after completing the transaction at $70.67 per share. On Jun 06 ’24, another insider, West Tony, who serves as the insider of the company, sold 89,234 shares for $68.18 each. As a result, the insider received 6,083,660 and left with 124,945 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, UBER now has a Market Capitalization of 148878295040 and an Enterprise Value of 155870330880. As of this moment, Uber’s Price-to-Earnings (P/E) ratio for their current fiscal year is 111.21, and their Forward P/E ratio for the next fiscal year is 33.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.86 while its Price-to-Book (P/B) ratio in mrq is 13.44. Its current Enterprise Value per Revenue stands at 4.039 whereas that against EBITDA is 66.215.
Stock Price History:
The Beta on a monthly basis for UBER is 1.36, which has changed by 0.60617673 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, UBER has reached a high of $82.14, while it has fallen to a 52-week low of $40.09. The 50-Day Moving Average of the stock is 4.63%, while the 200-Day Moving Average is calculated to be 11.79%.
Shares Statistics:
The stock has traded on average 18.24M shares per day over the past 3-months and 12210170 shares per day over the last 10 days, according to various share statistics. A total of 2.07B shares are outstanding, with a floating share count of 2.01B. Insiders hold about 3.93% of the company’s shares, while institutions hold 78.96% stake in the company. Shares short for UBER as of 1718323200 were 49211483 with a Short Ratio of 2.70, compared to 1715731200 on 50490740. Therefore, it implies a Short% of Shares Outstanding of 49211483 and a Short% of Float of 2.4400001000000002.
