In last trading session, Uber Technologies, Inc. (NYSE:UBER) saw 5,276,830 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $34.33 trading at -$0.78 or -2.23% at ring of the bell on the day assigns it a market valuation of $60.36 Billion. That closing price of UBER’s stock is at a discount of -21.93% from its 52-week high price of $41.86 and is indicating a premium of 60.06% from its 52-week low price of $13.71. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 14.1 Million shares which gives us an average trading volume of 20.42 Million if we extend that period to 3-months.
For Uber Technologies, Inc. (UBER), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 1.9. Splitting up the data highlights that, out of 41 analysts covering the stock, 3 rated the stock as a Sell while 4 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 30 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.65 in the current quarter.
Uber Technologies, Inc. (NYSE:UBER) trade information
In the face of being in the red today for losing -2.23%, in the last five days UBER remained trading in the green while hitting it’s week-highest on Friday, Oct 09 when the stock touched $38.35- price level, adding 10.93% to its value on the day. Uber Technologies, Inc.’s shares saw a change of 14.86% in year-to-date performance and have moved -8.52% in past 5-day. Uber Technologies, Inc. (NYSE:UBER) showed a performance of -8.83% in past 30-days. Number of shares sold short was 62.31 Million shares which calculate 3.05 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $41.1 to the stock, which implies a rise of 19.72% to its current value. Analysts have been projecting $14 as a low price target for the stock while placing it at a high target of $58. It follows that stock’s current price would jump +68.95% in reaching the projected high whereas dropping to the targeted low would mean a loss of -59.22% for stock’s current value.
Uber Technologies, Inc. (UBER) estimates and forecasts
Statistics highlight that Uber Technologies, Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added +29.89% of value to its shares in past 6 months, showing an annual growth rate of -43.91% while that of industry is 11.7. Apart from that, the company came raising its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to increase by 4.4% in the current quarter and calculating 18.8% increase in the next quarter. This year revenue growth is estimated to drop -9.2% from the last financial year’s standing.
23 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $3.21 Billion for the same. And 23 analysts are in estimates of company making revenue of $3.85 Billion in the next quarter that will end in December 01, 2020. Company posted $3.81 Billion and $4.07 Billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to drop by -15.9% while estimating it to be -5.3% 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 -66.4% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 43.3% while estimates for its earnings growth in next 5 years are of 64.3%
Uber Technologies, Inc. (NYSE:UBER)’s Major holders
Insiders are in possession of 5.36% of company’s total shares while institution are holding 61.02% percent of that, with stock having share float percentage of 64.48%. Investors also watch the number of corporate investors in a company very closely, which is 885 institutions for Uber Technologies, Inc. that are currently holding shares of the company. SB Investment Advisers (UK) LTD is the top institutional holder at UBER for having 222.23 Million shares of worth $6.91 Billion. And as of June 29, 2020, it was holding 12.68% of the company’s outstanding shares.
The second largest institutional holder is Morgan Stanley, which was holding about 86.92 Million shares on June 29, 2020. The number of shares represents firm’s hold over 4.96% of outstanding shares, having a total worth of $2.7 Billion.
On the other hand, Vanguard Total Stock Market Index Fund and Harbor Capital Appreciation Fund are the top two Mutual Funds which own company’s shares. As of June 29, 2020, the former fund manager was holding 32121874 shares of worth $998.35 Million or 1.83% of the total outstanding shares. The later fund manager was in possession of 18.38 Million shares on July 30, 2020, making its stake of worth around $556.27 Million in the company or a holder of 1.05% of company’s stock.