Currently, there are 256.99M common shares owned by the public and among those 168.92M shares have been available to trade.
The company’s stock has a 5-day price change of -0.93% and 4.14% over the past three months. CART shares are trading 7.46% year to date (YTD), with the 12-month market performance up to 90.21% higher. It has a 12-month low price of $22.60 and touched a high of $50.01 over the same period. CART has an average intraday trading volume of 3.64 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 3.63%, 1.89%, and 17.57% respectively.
Institutional ownership of Maplebear Inc (NASDAQ: CART) shares accounts for 52.96% of the company’s 256.99M shares outstanding.
It has a market capitalization of $11.43B and a beta (3y monthly) value of 0.94. The stock’s trailing 12-month PE ratio is 28.03, while the earnings-per-share (ttm) stands at $1.59. The company has a PEG of 1.17 and a Quick Ratio of 3.06 with the debt-to-equity ratio at 0.01. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.78% over the week and 3.41% over the month.
Earnings per share for the fiscal year are expected to increase by 111.41%, and 11.68% over the next financial year.
Looking at the support for the CART, a number of firms have released research notes about the stock. Needham stated their Buy rating for the stock in a research note on Jan-14-25, with the firm’s price target at $56. Wells Fargo coverage for the Maplebear Inc (CART) stock in a research note released on January 10, 2025 offered a Equal Weight rating with a price target of $47. Deutsche Bank was of a view on December 03, 2024 that the stock is Hold, while Jefferies gave the stock Hold rating on October 16, 2024, issuing a price target of $43. Raymond James on their part issued Mkt Perform rating on September 24, 2024.
