After Falling -0.93% During The Past Week, Should You Still Buy Uber Technologies Inc (NYSE: UBER)?

Uber Technologies Inc (NYSE:UBER)’s traded shares stood at 25.87 million during the last session, with the company’s beta value hitting 1.38. At the close of trading, the stock’s price was $67.93, to imply an increase of 2.30% or $1.53 in intraday trading. The UBER share’s 52-week high remains $82.14, putting it -20.92% down since that peak but still an impressive 45.43% since price per share fell to its 52-week low of $37.07. The company has a valuation of $141.40B, with an average of 19.56 million shares over the past 3 months.

Uber Technologies Inc (NYSE:UBER) trade information

After registering a 2.30% upside in the last session, Uber Technologies Inc (UBER) has traded red over the past five days. The stock hit a weekly high of 73.82, jumping 2.30% in its intraday price action. The 5-day price performance for the stock is -0.93%, and -8.63% over 30 days. With these gigs, the year-to-date price performance is 10.33%.

Uber Technologies Inc (UBER) estimates and forecasts

Looking at statistics comparing Uber Technologies Inc share performance against respective industry, we note that the company has outperformed competitors. Uber Technologies Inc (UBER) shares are 36.08% up over the last 6 months, with its year-to-date growth rate higher than industry average at 39.08% against 19.60%. The rating firms project that company’s revenue will grow 15.40% compared to the previous financial year.

Revenue forecast for the current quarter as set by 37 analysts is 9.89B. Meanwhile, for the current quarter, a total of 36 analyst(s) estimate revenue growth to 10.21B.Earnings reports from the last fiscal year show that sales brought in 9.23B and 9.29B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 7.10% before jumping 9.80% in the following quarter.

UBER Dividends

Uber Technologies Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Uber Technologies Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.