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How UiPath Inc. (NYSE: PATH) Could Be A Loss Maker Since It Is Up 14.16% YTD?

During the last session, UiPath Inc. (NYSE:PATH)’s traded shares were 35.45 million. At the end of the trading day, the stock’s price was $14.51, reflecting an intraday loss of -11.20% or -$1.83. The 52-week high for the PATH share is $22.30, that puts it down -53.69 from that peak though still a striking 28.33% gain since the share price plummeted to a 52-week low of $10.40. The company’s market capitalization is $8.12B, and the average intraday trading volume over the past 10 days was 10.97 million shares, and the average trade volume was 6.58 million shares over the past three months.

UiPath Inc. (PATH) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.40. PATH has a Sell rating from 0 analyst(s) out of 22 analysts who have looked at this stock. 11 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 10 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.02.

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UiPath Inc. (NYSE:PATH) trade information

UiPath Inc. (PATH) registered a -11.20% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -11.20% in intraday trading to $14.51 this Thursday, 05/25/23, hitting a weekly high. The stock’s 5-day price performance is -6.14%, and it has moved by 2.76% in 30 days. Based on these gigs, the overall price performance for the year is -9.03%. The short interest in UiPath Inc. (NYSE:PATH) is 33.13 million shares and it means that shorts have 6.85 day(s) to cover.

The consensus price target of analysts on Wall Street is $19.50, which implies an increase of 25.59% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $16.00 and $27.50 respectively. As a result, PATH is trading at a discount of -89.52% off the target high and -10.27% off the low.

UiPath Inc. (PATH) estimates and forecasts

Statistics show that UiPath Inc. has outperformed its competitors in share price, compared to the industry in which it operates. UiPath Inc. (PATH) shares have gone up 21.52% during the last six months, with a year-to-date growth rate more than the industry average at 71.43% against 19.20. Yet analysts are ramping up their growth forecast for the fiscal year 2023. Revenue is predicted to grow 200.00% this quarter and then jump 20.00% in the quarter after that. In the rating firms’ projections, revenue will increase 18.50% compared to the previous financial year.

Revenue for the current quarter is expected to be $283.93 million as predicted by 17 analyst(s). Meanwhile, a consensus of 17 analyst(s) estimates revenue growth to $315.09 million by the end of Oct 2023.

While earnings are projected to return 48.20% in 2023, the next five years will return 31.70% per annum.

PATH Dividends

UiPath Inc. is due to release its next quarterly earnings on May 24. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

UiPath Inc. (NYSE:PATH)’s Major holders

UiPath Inc. insiders own 11.27% of total outstanding shares while institutional holders control 67.06%, with the float percentage being 75.58%. ARK Investment Management, LLC is the largest shareholder of the company, while 434 institutions own stock in it. As of Mar 30, 2023, the company held over 44.89 million shares (or 9.39% of all shares), a total value of $788.3 million in shares.

The next largest institutional holding, with 29.96 million shares, is of Vanguard Group, Inc. (The)’s that is approximately 6.27% of outstanding shares. At the market price on Mar 30, 2023, these shares were valued at $526.11 million.

Also, the Mutual Funds coming in first place with the largest holdings of UiPath Inc. (PATH) shares are ARK ETF Tr-ARK Innovation ETF and Vanguard Total Stock Market Index Fund. Data provided on Mar 30, 2023 indicates that ARK ETF Tr-ARK Innovation ETF owns about 27.22 million shares. This amounts to just over 5.73 percent of the company’s overall shares, with a $477.99 million market value. The same data shows that the other fund manager holds slightly less at 9.21 million, or about 1.94% of the stock, which is worth about $117.0 million.

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