With 1.92 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.35 million shares. During the session, the Entertainment company that operates in wider Communication Services sector, reached to the highest price of $77.055 whereas the lowest price it dropped to was $75.06. The 52-week range on ROKU shows that it touched its highest point at $108.84 and its lowest point at $48.33 during that stretch. It currently has a 1-year price target of $80.04. Beta for the stock currently stands at 2.06.
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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 ROKU was down-trending over the past week, with a drop of -0.49%, but this was up by 2.34% over a month. Three-month performance surged to 31.27% while six-month performance rose 32.52%. The stock gained 35.60% in the past year, while it has lost -16.64% so far this year. A look at the trailing 12-month EPS for ROKU yields -3.46 with Next year EPS estimates of -0.75. For the next quarter, that number is -0.32. This implies an EPS growth rate of 73.76% for this year and 42.58% for next year. EPS is expected to grow by 43.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -126.17%.
Float and Shares Shorts:
At present, 144.69 million ROKU shares are outstanding with a float of 126.50 million shares on hand for trading. On 2024-10-15, short shares totaled 10.28 million, which was 711.00004 higher than short shares on 1726185600. In addition to Mr. Anthony J. Wood as the firm’s Founder, Chairman, President & CEO, Mr. Dan Jedda serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.81211 of ROKU’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, ROKU reported revenue of $968179000.0 and operating income of -$71243000.0. The EBITDA in the recently reported quarter was $64477000.0 and diluted EPS was -$0.24.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ROKU 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.
