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After finishing at $79.43 in the prior trading day, Uber Technologies Inc (NYSE: UBER) closed at $72.05, down -9.29%. In other words, the price has decreased by -$9.29 from its previous closing price. On the day, 62.03 million shares were traded. UBER stock price reached its highest trading level at $74.99 during the session, while it also had its lowest trading level at $69.87.
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 21.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.85. 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 0.91 whereas as Long-Term Debt/Eq ratio is at 0.89.
Daiwa Securities Downgraded its Outperform to Neutral on October 17, 2024, while the target price for the stock was maintained at $84.
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 Sep 16 ’24 when Hazelbaker Jill sold 40,000 shares for $72.00 per share. The transaction valued at 2,880,044 led to the insider holds 127,352 shares of the business.
Jill Hazelbaker bought 138,115 shares of UBER for $9,052,057 on Aug 08 ’24. On Jul 15 ’24, another insider, KHOSROWSHAHI DARA, who serves as the Chief Executive Officer of the company, sold 500,000 shares for $71.91 each. As a result, the insider received 35,957,114 and left with 1,266,114 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 151716413440 and an Enterprise Value of 173315440640. As of this moment, Uber’s Price-to-Earnings (P/E) ratio for their current fiscal year is 77.51, and their Forward P/E ratio for the next fiscal year is 30.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.78 while its Price-to-Book (P/B) ratio in mrq is 12.24. Its current Enterprise Value per Revenue stands at 4.327 whereas that against EBITDA is 61.965.
Stock Price History:
Over the past 52 weeks, UBER has reached a high of $87.00, while it has fallen to a 52-week low of $42.20. The 50-Day Moving Average of the stock is -4.42%, while the 200-Day Moving Average is calculated to be 0.09%.
Shares Statistics:
The stock has traded on average 15.52M shares per day over the past 3-months and 17458840 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 2.02B. Insiders hold about 3.90% of the company’s shares, while institutions hold 79.65% stake in the company. Shares short for UBER as of 1728950400 were 55166675 with a Short Ratio of 3.56, compared to 1726185600 on 51740420. Therefore, it implies a Short% of Shares Outstanding of 55166675 and a Short% of Float of 2.7199999999999998.
