Uber Technologies Inc (NYSE: UBER): Hunting Genuine Value In Market Debris

Currently, there are 2.07B common shares owned by the public and among those 1.99B shares have been available to trade.

Insiders at the company have transacted a total of 436 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 210 of these insider trades were purchases, accounting for 765,245 shares. Insider sales of the common stock occurred on 226 occasions, with total insider shares sold totaling 1,088,836 shares.

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However, the script later moved the day high at 80.88, down -3.66%. The company’s stock has a 5-day price change of 10.58% and 45.85% over the past three months. UBER shares are trading 27.35% year to date (YTD), with the 12-month market performance up to 116.42% higher. It has a 12-month low price of $29.22 and touched a high of $81.86 over the same period. UBER has an average intraday trading volume of 31.68 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 14.10%, 21.90%, and 57.42% respectively.

Institutional ownership of Uber Technologies Inc (NYSE: UBER) shares accounts for 79.45% of the company’s 2.07B shares outstanding.

It has a market capitalization of $162.82B and a beta (3y monthly) value of 1.36. The stock’s trailing 12-month PE ratio is 89.39, while the earnings-per-share (ttm) stands at $0.88. The company has a PEG of 1.90 and a Quick Ratio of 1.19 with the debt-to-equity ratio at 1.05. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.56% over the week and 3.12% over the month.

Analysts forecast that Uber Technologies Inc (UBER) will achieve an EPS of $UBER TECH. DL-,00001 for the current quarter, $73.90 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $UBER TECHNOLOGIES INC while analysts give the company a high EPS estimate of $UBER TECHNOLOGIES INC. Comparatively, EPS for the current quarter was $UBER CDR (CAD HEDGED) a year ago. Earnings per share for the fiscal year are expected to increase by 41.83%, and 59.79% over the next financial year.

Looking at the support for the UBER, a number of firms have released research notes about the stock. Needham stated their Buy rating for the stock in a research note on February 08, 2024, with the firm’s price target at $71-$90.

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