In the latest session, UiPath Inc (NYSE: PATH) closed at $22.75 down -6.88% from its previous closing price of $24.43. In other words, the price has decreased by -$1.68 from its previous closing price. On the day, 35766873 shares were traded.
Ratios:
For a deeper understanding of UiPath Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.14. For the most recent quarter (mrq), Quick Ratio is recorded 3.77 and its Current Ratio is at 3.52. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
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, JP Morgan on March 14, 2024, Upgraded its rating to Overweight and sets its target price to $28 from $22 previously.
On March 14, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $25 to $30.
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 05 ’24 when Gupta Ashim sold 16,000 shares for $22.47 per share. The transaction valued at 359,590 led to the insider holds 103,505 shares of the business.
Wong Rich sold 200,000 shares of PATH for $4,624,220 on Jan 08 ’24. The Director now owns 429,418 shares after completing the transaction at $23.12 per share. On Jan 08 ’24, another insider, Gupta Ashim, who serves as the Chief Financial Officer of the company, sold 70,000 shares for $23.02 each. As a result, the insider received 1,611,113 and left with 788,148 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, PATH now has a Market Capitalization of 12.88B and an Enterprise Value of 11.13B. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.85 while its Price-to-Book (P/B) ratio in mrq is 6.58. Its current Enterprise Value per Revenue stands at 9.18 whereas that against EBITDA is -58.59.
Stock Price History:
Over the past 52 weeks, PATH has reached a high of $27.87, while it has fallen to a 52-week low of $12.38. The 50-Day Moving Average of the stock is 23.48, while the 200-Day Moving Average is calculated to be 19.39.
Shares Statistics:
For the past three months, PATH has traded an average of 9.42M shares per day and 13.18M over the past ten days. A total of 474.16M shares are outstanding, with a floating share count of 430.72M. Insiders hold about 23.91% of the company’s shares, while institutions hold 58.29% stake in the company. Shares short for PATH as of Feb 29, 2024 were 17.05M with a Short Ratio of 1.81, compared to 24.74M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.01% and a Short% of Float of 4.33%.
