With 17.68 million shares changed hands, the volume of the stock remained heavier than its average volume of 15.36 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $77.02 whereas the lowest price it dropped to was $75.06. The 52-week range on UBER shows that it touched its highest point at $82.14 and its lowest point at $40.09 during that stretch. It currently has a 1-year price target of $88.97. Beta for the stock currently stands at 1.33.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UBER was up-trending over the past week, with a rise of 2.60%, but this was up by 9.13% over a month. Three-month performance surged to 9.96% while six-month performance rose 1.37%. The stock gained 66.38% in the past year, while it has gained 23.71% so far this year. A look at the trailing 12-month EPS for UBER yields 0.93 with Next year EPS estimates of 2.28. For the next quarter, that number is 0.37. This implies an EPS growth rate of 24.24% for this year and 110.89% for next year.
Float and Shares Shorts:
At present, 2.07 billion UBER shares are outstanding with a float of 2.02 billion shares on hand for trading. On 2024-09-13, short shares totaled 51.74 million, which was 246.00000999999997 higher than short shares on 1723680000. In addition to Mr. Dara Khosrowshahi as the firm’s CEO & Director, Mr. Prashanth Mahendra-Rajah serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.83212996 of UBER’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, UBER reported revenue of $10700000000.0 and operating income of $796000000.0. The EBITDA in the recently reported quarter was $1147000000.0 and diluted EPS was $0.47.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UBER since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
