Currently, there are 581.13M common shares owned by the public and among those 498.79M shares have been available to trade.
The company’s stock has a 5-day price change of 3.24% and 7.14% over the past three months. RBLX shares are trading -10.08% year to date (YTD), with the 12-month market performance down to -7.20% lower. It has a 12-month low price of $24.88 and touched a high of $47.20 over the same period. RBLX has an average intraday trading volume of 7.53 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 10.37%, 15.44%, and 9.54% respectively.
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Institutional ownership of Roblox Corporation (NYSE: RBLX) shares accounts for 58.40% of the company’s 581.13M shares outstanding.
It has a market capitalization of $26.31B and a beta (3y monthly) value of 1.61. The earnings-per-share (ttm) stands at -$1.85. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.15% over the week and 3.23% over the month.
Earnings per share for the fiscal year are expected to increase by 8.76%, and 5.53% over the next financial year. EPS should grow at an annualized rate of 10.19% over the next five years, compared to -63.26% over the past 5-year period.
Looking at the support for the RBLX, a number of firms have released research notes about the stock. Jefferies stated their Hold rating for the stock in a research note on July 11, 2024, with the firm’s price target at $51-$42. Macquarie coverage for the Roblox Corporation (RBLX) stock in a research note released on June 14, 2024 offered a Outperform rating with a price target of $46. MoffettNathanson was of a view on May 10, 2024 that the stock is Neutral, while JP Morgan gave the stock Overweight rating on April 23, 2024, issuing a price target of $41- $48. Goldman on their part issued Neutral rating on February 08, 2024.
