In the latest session, Udemy Inc (NASDAQ: UDMY) closed at $11.14 down -1.42% from its previous closing price of $11.30. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 1104642 shares were traded. UDMY stock price reached its highest trading level at $11.34 during the session, while it also had its lowest trading level at $11.01.
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
Ratios:
For a deeper understanding of Udemy Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
On July 18, 2022, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $13 to $11.
On March 30, 2022, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $22.Cantor Fitzgerald initiated its Overweight rating on March 30, 2022, with a $22 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 20 when Venugopal Venu sold 6,981 shares for $10.82 per share. The transaction valued at 75,534 led to the insider holds 334,319 shares of the business.
Venugopal Venu sold 4,000 shares of UDMY for $55,160 on Feb 01. The Chief Technology Officer now owns 352,013 shares after completing the transaction at $13.79 per share. On Jan 02, another insider, Bali Eren, who serves as the Director of the company, sold 15,000 shares for $14.11 each. As a result, the insider received 211,650 and left with 1,691,050 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, UDMY now has a Market Capitalization of 1.76B and an Enterprise Value of 1.29B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.40 while its Price-to-Book (P/B) ratio in mrq is 4.91. Its current Enterprise Value per Revenue stands at 1.77 whereas that against EBITDA is -16.44.
Stock Price History:
Over the past 52 weeks, UDMY has reached a high of $16.01, while it has fallen to a 52-week low of $8.17. The 50-Day Moving Average of the stock is 13.34, while the 200-Day Moving Average is calculated to be 11.58.
Shares Statistics:
For the past three months, UDMY has traded an average of 1.01M shares per day and 1.29M over the past ten days. A total of 157.17M shares are outstanding, with a floating share count of 76.26M. Insiders hold about 51.48% of the company’s shares, while institutions hold 39.19% stake in the company. Shares short for UDMY as of Feb 15, 2024 were 3.8M with a Short Ratio of 3.78, compared to 4.73M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.42% and a Short% of Float of 3.99%.
Earnings Estimates
There are 11 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of $0.01 and a low estimate of -$0.04, while EPS last year was -$0.06. The consensus estimate for the next quarter is $0, with high estimates of $0.02 and low estimates of -$0.04.
Analysts are recommending an EPS of between $0.12 and -$0.08 for the fiscal current year, implying an average EPS of $0.02. EPS for the following year is $0.22, with 11 analysts recommending between $0.36 and $0.07.
Revenue Estimates
A total of 11 analysts believe the company’s revenue will be $194.89M this quarter.It ranges from a high estimate of $196.02M to a low estimate of $194M. As of the current estimate, Udemy Inc’s year-ago sales were $176.43M, an estimated increase of 10.50% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $195.78M, an increase of 13.10% over than the figure of $10.50% in the same quarter last year. There is a high estimate of $198M for the next quarter, whereas the lowest estimate is $193.59M.
A total of 13 analysts have provided revenue estimates for UDMY’s current fiscal year. The highest revenue estimate was $807.4M, while the lowest revenue estimate was $793.7M, resulting in an average revenue estimate of $802.54M. In the same quarter a year ago, actual revenue was $728.94M, up 10.10% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $915.19M in the next fiscal year. The high estimate is $945.2M and the low estimate is $852.87M. The average revenue growth estimate for next year is up 14.00% from the average revenue estimate for this year.
