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 78.97, up 0.22%. The company’s stock has a 5-day price change of -3.92% and 42.57% over the past three months. UBER shares are trading 27.01% year to date (YTD), with the 12-month market performance up to 126.40% 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 31.57 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 9.66%, 19.02%, and 54.52% respectively.
Institutional ownership of Uber Technologies Inc (NYSE: UBER) shares accounts for 79.63% of the company’s 2.07B shares outstanding.
It has a market capitalization of $162.38B and a beta (3y monthly) value of 1.36. The stock’s trailing 12-month PE ratio is 89.15, 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 2.71% over the week and 3.25% over the month.
Analysts forecast that Uber Technologies Inc (UBER) will achieve an EPS of $0.23 for the current quarter, $0.29 for the next quarter and $2.13 for 2025. The lowest estimate earnings-per-share for the quarter is $0.04 while analysts give the company a high EPS estimate of $0.5. Comparatively, EPS for the current quarter was -$0.08 a year ago. Earnings per share for the fiscal year are expected to increase by 42.31%, and 58.81% over the next financial year.
Looking at the support for the UBER, a number of firms have released research notes about the stock. BTIG Research stated their Buy rating for the stock in a research note on February 22, 2024, with the firm’s price target at $80-$90. Needham coverage for the Uber Technologies Inc (UBER) stock in a research note released on February 08, 2024 offered a Buy rating with a price target of $90. Gordon Haskett was of a view on January 24, 2024 that the stock is Hold, while Needham gave the stock Buy rating on January 22, 2024, issuing a price target of $63- $71. BMO Capital Markets on their part issued Outperform rating on January 09, 2024.
