In recent trading session, Roku, Inc. (NASDAQ:ROKU) saw 9,348,574 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $153.07 trading at -$12.35 or -7.47% at recent trade assigns it a market valuation of $18.51 Billion. That current trading price of ROKU’s stock is at a discount of -15.34% from its 52-week high price of $176.55 and is indicating a premium of 61.97% from its 52-week low price of $58.22. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.09 Million shares which gives us an average trading volume of 10.59 Million if we extend that period to 3-months.
Roku, Inc. (NASDAQ:ROKU) trade information
In the face of being in the red today for losing -7.47%, in the last five days ROKU remained trading in the green while hitting it’s week-highest on Wednesday, Aug 05 when the stock touched $169.14 price level, adding 8.31% to its value on the day. Roku, Inc.’s shares saw a change of 15.82% in year-to-date performance and have moved 3.15% in past 5-day. Roku, Inc. (NASDAQ:ROKU) showed a performance of 17.46% in past 30-days. Number of shares sold short was 9.83 Million shares which calculate 0.93 days to cover the short interests.
Roku, Inc. (ROKU) estimates and forecasts
Statistics highlight that Roku, Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added +31.35% of value to its shares in past 6 months, showing an annual growth rate of 242.31% while that of industry is -2.9. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to decline by -122.7% in the current quarter and calculating -53.8% decline in the next quarter. This year revenue growth is estimated to rise 33.2% from the last financial year’s standing.
20 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $341.76 Million for the same. And 20 analysts are in estimates of company making revenue of $523.69 Million in the next quarter that will end in December 01, 2020. Company posted $260.93 Million and $411.23 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 31% while estimating it to be 27.3% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -514.5% while estimates for its earnings growth in next 5 years are of 11.5%
Roku, Inc. (NASDAQ:ROKU)’s Major holders
Insiders are in possession of 0.78% of company’s total shares while institution are holding 67.97% percent of that, with stock having share float percentage of 68.5%. Investors also watch the number of corporate investors in a company very closely, which is 649 institutions for Roku, Inc. that are currently holding shares of the company. FMR, LLC is the top institutional holder at ROKU for having 9.36 Million shares of worth $819.05 Million. And as of March 30, 2020, it was holding 9.2% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 7.72 Million shares on March 30, 2020. The number of shares represents firm’s hold over 7.59% of outstanding shares, having a total worth of $675.31 Million.
On the other hand, Fidelity Growth Company Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of May 30, 2020, the former fund manager was holding 3285889 shares of worth $359.84 Million or 3.23% of the total outstanding shares. The later fund manager was in possession of 2.55 Million shares on March 30, 2020, making its stake of worth around $222.91 Million in the company or a holder of 2.5% of company’s stock.