In recent trading session, UiPath Inc (NYSE:PATH) saw 1.49 million shares changing hands at last check today with its beta currently measuring 0.97. Company’s recent per share price level of $22.92 trading at -$0.55 or -2.32% at last check today assigns it a market valuation of $12.98B. That most recent trading price of PATH’s stock is at a discount of -21.6% from its 52-week high price of $27.87 and is indicating a premium of 45.99% from its 52-week low price of $12.38. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 13.99 million shares which gives us an average trading volume of 9.55 million if we extend that period to 3-months.
UiPath Inc (NYSE:PATH) trade information
Upright in the red during last session for losing -2.32%, in the last five days PATH remained trading in the green while hitting it’s week-highest on Thursday, 03/21/24 when the stock touched $22.92 price level, adding 4.38% to its value on the day. UiPath Inc’s shares saw a change of -7.71% in year-to-date performance and have moved 0.77% in past 5-day. UiPath Inc (NYSE:PATH) showed a performance of -2.11% in past 30-days. Number of shares sold short was 17.05 million shares which calculate 1.72 days to cover the short interests.
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 added 40.47% of value to its shares in past 6 months, showing an annual growth rate of 5.56% while that of industry is 18.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 19.10% from the last financial year’s standing.
18 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $333.07 million for the same. And 18 analysts are in estimates of company making revenue of $342.26 million in the next quarter that will end on Jul 2024.
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 20.57% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 6.46% while estimates for its earnings growth in next 5 years are of 46.20%.
PATH Dividends
UiPath Inc is more likely to be releasing its next quarterly report between May 22 and May 27 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 6.87% of company’s total shares while institution are holding 70.57 percent of that, with stock having share float percentage of 75.77%. Investors also watch the number of corporate investors in a company very closely, which is 70.57% 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 43.47 million shares of worth $992.87 million. And as of Dec 30, 2023, it was holding 8.98% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group Inc, which was holding about 38.08 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 7.86% of outstanding shares, having a total worth of $869.86 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 Jan 30, 2024, the former fund manager was holding 21.13 million shares of worth $482.69 million or 4.36% of the total outstanding shares. The later fund manager was in possession of 11.45 million shares on Dec 30, 2023, making its stake of worth around $261.42 million in the company or a holder of 2.36% of company’s stock.
