Roku Inc (ROKU) concluded trading on Wednesday at a closing price of $62.67, with 5.13 million shares of worth about $321.38 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -25.15% during that period and on Wednesday the price saw a loss of about -0.19%. Currently the company’s common shares owned by public are about 126.12M shares, out of which, 125.37M shares are available for trading.
Stock saw a price change of -1.63% in past 5 days and over the past one month there was a price change of -28.58%. Year-to-date (YTD), ROKU shares are showing a performance of -31.63% which decreased to -1.52% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $51.62 but also hit the highest price of $108.84 during that period. The average intraday trading volume for Roku Inc shares is 6.65 million. The stock is currently trading -17.96% below its 20-day simple moving average (SMA20), while that difference is down -25.61% for SMA50 and it goes to -20.13% lower than SMA200.
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Roku Inc (NASDAQ: ROKU) currently have 126.12M outstanding shares and institutions hold larger chunk of about 73.66% of that.
The stock has a current market capitalization of $9.00B and its 3Y-monthly beta is at 1.66. It has posted earnings per share of -$5.02 in the same period. It has Quick Ratio of 2.34 while making debt-to-equity ratio of 0.28. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ROKU, volatility over the week remained 3.49% while standing at 4.80% over the month.
Analysts are in expectations that Roku Inc (ROKU) stock would likely to be making an EPS of -$0.61 in the current quarter, while forecast for next quarter EPS is -$0.48 and it is -$1.12 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.82 which is -$0.4 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$1.38 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 61.20% while it is estimated to increase by 45.22% in next year. EPS is likely to grow at an annualized rate of 43.00% for next 5-years, compared to annual growth of -126.17% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on February 27, 2024 offering an Underweight rating for the stock and assigned a target price range of between $77 and $51 to it. Coverage by Citigroup stated Roku Inc (ROKU) stock as a Neutral in their note to investors on February 21, 2024, suggesting a price target of $75 for the stock. Stock get a Neutral rating from Seaport Research Partners on January 19, 2024.
