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As of close of business last night, Ibotta Inc’s stock clocked out at $70.43, down -0.27% from its previous closing price of $70.62. In other words, the price has decreased by -$0.27 from its previous closing price. On the day, 0.86 million shares were traded. IBTA stock price reached its highest trading level at $75.145 during the session, while it also had its lowest trading level at $70.36.
Ratios:
To gain a deeper understanding of IBTA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.72 and its Current Ratio is at 2.72. 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 the company, UBS on November 14, 2024, Downgraded its rating to Neutral and sets its target price to $65 from $90 previously.
On October 14, 2024, Goldman Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $87.
Needham reiterated its Buy rating for the stock on August 14, 2024, while the target price for the stock was revised from $125 to $100.
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 Nov 25 ’24 when Daspit Marisa bought 4,466 shares for $72.84 per share.
Lehrman Thomas D sold 34,571 shares of IBTA for $2,376,005 on Nov 22 ’24. The Director now owns 0 shares after completing the transaction at $68.73 per share. On Nov 21 ’24, another insider, Lehrman Thomas D, who serves as the Director of the company, sold 32,935 shares for $66.56 each. As a result, the insider received 2,192,030 and left with 34,571 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, IBTA now has a Market Capitalization of 1936134784 and an Enterprise Value of 1818339584. As of this moment, Ibotta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 190.15, and their Forward P/E ratio for the next fiscal year is 28.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.86 while its Price-to-Book (P/B) ratio in mrq is 5.76. Its current Enterprise Value per Revenue stands at 4.934 whereas that against EBITDA is 41.556.
Stock Price History:
Over the past 52 weeks, IBTA has reached a high of $117.59, while it has fallen to a 52-week low of $41.87. The 50-Day Moving Average of the stock is 3.77%, while the 200-Day Moving Average is calculated to be -4.04%.
Shares Statistics:
It appears that IBTA traded 236.53K shares on average per day over the past three months and 513800 shares per day over the past ten days. A total of 27.10M shares are outstanding, with a floating share count of 15.53M. Insiders hold about 49.31% of the company’s shares, while institutions hold 44.12% stake in the company. Shares short for IBTA as of 1730332800 were 931924 with a Short Ratio of 3.94, compared to 1727654400 on 933611. Therefore, it implies a Short% of Shares Outstanding of 931924 and a Short% of Float of 5.83.
