Roku Inc (ROKU) concluded trading on Wednesday at a closing price of $77.51, with 6.31 million shares of worth about $489.36 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 31.08% during that period and on October 30, 2024 the price saw a gain of about 1.44%. Currently the company’s common shares owned by public are about 144.69M shares, out of which, 126.50M shares are available for trading.
Stock saw a price change of 5.46% in past 5 days and over the past one month there was a price change of 4.26%. Year-to-date (YTD), ROKU shares are showing a performance of -15.44% which increased to 37.55% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $48.33 but also hit the highest price of $108.84 during that period. The average intraday trading volume for Roku Inc shares is 3.34 million. The stock is currently trading 0.93% above its 20-day simple moving average (SMA20), while that difference is up 5.97% for SMA50 and it goes to 16.21% higher than SMA200.
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Roku Inc (NASDAQ: ROKU) currently have 144.69M outstanding shares and institutions hold larger chunk of about 71.20% of that.
The stock has a current market capitalization of $11.21B and its 3Y-monthly beta is at 2.06. It has posted earnings per share of -$3.46 in the same period. It has Quick Ratio of 2.63 while making debt-to-equity ratio of 0.26. 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 2.67% while standing at 3.12% over the month.
Stock’s fiscal year EPS is expected to rise by 73.76% while it is estimated to increase by 42.58% 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 JP Morgan on October 10, 2024 offering an Overweight rating for the stock and assigned a target price range of between $90 and $92 to it. Coverage by MoffettNathanson stated Roku Inc (ROKU) stock as a Neutral in their note to investors on October 01, 2024, suggesting a price target of $80 for the stock. On September 12, 2024, Wolfe Research Upgrade their recommendations, while on September 05, 2024, Wells Fargo Upgrade their ratings for the stock with a price target of $72. Stock get a Buy rating from Guggenheim on August 23, 2024.
