With 13.11 million shares changed hands, the volume of the stock remained lighter than its average volume of 28.86 million shares. The 52-week range on UBER shows that it touched its highest point at $87.00 and its lowest point at $54.84 during that stretch. It currently has a 1-year price target of $90.00. Beta for the stock currently stands at 1.37.
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 0.80%, but this was up by 13.66% over a month. Three-month performance surged to 6.28% while six-month performance rose 4.58%. The stock lost -5.62% in the past year, while it has gained 26.79% so far this year. A look at the trailing 12-month EPS for UBER yields 4.58 with Next year EPS estimates of 3.41. For the next quarter, that number is 0.51. This implies an EPS growth rate of -45.07% for this year and 36.28% for next year.
Float and Shares Shorts:
At present, 2.11 billion UBER shares are outstanding with a float of 2.01 billion shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UBER since 32 analysts follow the stock currently. There are 30 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.11591 being high and $1.76162 being low. For UBER, this leads to a yearly average estimate of $1.86003. Based on analyst estimates, the high estimate for the next quarter is $0.82 and the low estimate is $0.45. The average estimate for the next quarter is thus $0.59.
Summary of Insider Activity:
Insiders traded UBER stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
