In last trading session, UiPath Inc. (NYSE:PATH) saw 7.07 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $13.04 trading at -$0.63 or -4.61% at ring of the bell on the day assigns it a market valuation of $7.75B. That closing price of PATH’s stock is at a discount of -356.83% from its 52-week high price of $59.57 and is indicating a premium of 6.37% from its 52-week low price of $12.21. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.12 million shares which gives us an average trading volume of 6.69 million if we extend that period to 3-months.
For UiPath Inc. (PATH), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 22 analysts covering the stock, 1 rated the stock as a Sell while 2 recommended an Overweight rating for the stock. 10 suggested the stock as a Hold whereas 9 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.11 in the current quarter.
UiPath Inc. (NYSE:PATH) trade information
Upright in the red during last session for losing -4.61%, in the last five days PATH remained trading in the red while hitting it’s week-highest on Friday, 09/16/22 when the stock touched $13.04 price level, adding 10.93% to its value on the day. UiPath Inc.’s shares saw a change of -69.77% in year-to-date performance and have moved -14.04% in past 5-day. UiPath Inc. (NYSE:PATH) showed a performance of -22.70% in past 30-days. Number of shares sold short was 19.25 million shares which calculate 2.66 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $18.95 to the stock, which implies a rise of 31.19% to its current value. Analysts have been projecting $12.00 as a low price target for the stock while placing it at a high target of $37.50. It follows that stock’s current price would drop -187.58% in reaching the projected high whereas dropping to the targeted low would mean a gain of 7.98% for stock’s current value.
UiPath Inc. (PATH) estimates and forecasts
Statistics highlight that UiPath Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -56.88% of value to its shares in past 6 months, showing an annual growth rate of -150.00% while that of industry is 12.90. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. This year revenue growth is estimated to rise 22.00% from the last financial year’s standing.
19 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $230.81 million for the same. And 19 analysts are in estimates of company making revenue of $269.6 million in the next quarter that will end on Oct 2022.
In 2022, company’s earnings growth rate is likely to be around -549.60% while estimates for its earnings growth in next 5 years are of 45.20%.
UiPath Inc. is more likely to be releasing its next quarterly report on December 08 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
UiPath Inc. (NYSE:PATH)’s Major holders
Insiders are in possession of 11.36% of company’s total shares while institution are holding 60.18 percent of that, with stock having share float percentage of 67.89%. Investors also watch the number of corporate investors in a company very closely, which is 60.18% institutions for UiPath Inc. that are currently holding shares of the company. ARK Investment Management, LLC is the top institutional holder at PATH for having 37.6 million shares of worth $683.86 million. And as of Jun 29, 2022, it was holding 8.13% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 24.8 million shares on Mar 30, 2022. The number of shares represents firm’s hold over 5.36% of outstanding shares, having a total worth of $535.44 million.
On the other hand, ARK ETF Tr-ARK Innovation ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 21.47 million shares of worth $390.62 million or 4.65% of the total outstanding shares. The later fund manager was in possession of 8.33 million shares on Mar 30, 2022, making its stake of worth around $179.74 million in the company or a holder of 1.80% of company’s stock.