With 9.49 million shares changed hands, the volume of the stock remained heavier than its average volume of 8.05 million shares. During the session, the Electronic Gaming & Multimedia company that operates in wider Communication Services sector, reached to the highest price of $53.16 whereas the lowest price it dropped to was $50.53. The 52-week range on RBLX shows that it touched its highest point at $55.10 and its lowest point at $29.55 during that stretch. It currently has a 1-year price target of $54.85. Beta for the stock currently stands at 1.55.
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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 RBLX was down-trending over the past week, with a drop of -3.94%, but this was up by 29.60% over a month. Three-month performance surged to 20.51% while six-month performance rose 60.49%. The stock gained 37.80% in the past year, while it has gained 14.26% so far this year. A look at the trailing 12-month EPS for RBLX yields -1.63 with Next year EPS estimates of -1.43. For the next quarter, that number is -0.45. This implies an EPS growth rate of 14.98% for this year and 9.86% for next year. EPS is expected to grow by 10.19% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -63.26%.
Float and Shares Shorts:
At present, 581.13 million RBLX shares are outstanding with a float of 529.60 million shares on hand for trading. On 2024-10-31, short shares totaled 26.97 million, which was 411.00003000000004 higher than short shares on 1727654400. In addition to Mr. David Baszucki as the firm’s Founder, President, CEO & Chairman of the Board, Mr. Michael Guthrie serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.78038 of RBLX’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 2024-09-30, RBLX reported revenue of $918953000.0 and operating income of -$278928000.0. The EBITDA in the recently reported quarter was -$161589000.0 and diluted EPS was -$0.37.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RBLX since 26 analysts follow the stock currently. There are 17 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With RBLX analysts setting a high price target of 70.0 and a low target of 26.0, the average target price over the next 12 months is 55.60433. Based on these targets, RBLX could surge 34.0% to reach the target high and fall by -50.23% to reach the target low. Reaching the average price target will result in a growth of 6.44% from current levels.
Analysts have provided yearly estimates in a range of -$1.48801 being high and -$1.74281 being low. For RBLX, this leads to a yearly average estimate of -$1.58993.
