UiPath Inc (PATH) Is Another Fantastic Bargain Stock

UiPath Inc (NYSE:PATH) has a beta value of 0.87 and has seen 1.61 million shares traded in the recent trading session. The company, currently valued at $7.08B, closed the recent trade at $12.87 per share which meant it gained $0.13 on the day or 1.00% during that session. The PATH stock price is -116.55% off its 52-week high price of $27.87 and 19.43% above the 52-week low of $10.37. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.1 million shares traded. The 3-month trading volume is 9.61 million shares.

The consensus among analysts is that UiPath Inc (PATH) is Hold stock at the moment, with a recommendation rating of 2.62. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 7 out of 10 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.07.

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UiPath Inc (NYSE:PATH) trade information

Sporting 1.00% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the PATH stock price touched $12.87 or saw a rise of 1.38%. Year-to-date, UiPath Inc shares have moved -48.20%, while the 5-day performance has seen it change 5.73%. Over the past 30 days, the shares of UiPath Inc (NYSE:PATH) have changed 3.11%. Short interest in the company has seen 23.76 million shares shorted with days to cover at 1.84.

Wall Street analysts have a consensus price target for the stock at $24.5, which means that the shares’ value could jump 47.47% from the levels at last check today. The projected low price target is $12.0 while the price target rests at a high of $64.0. In that case, then, we find that the latest price level in today’s session is -397.28% off the targeted high while a plunge would see the stock lose 6.76% from the levels at last check today.

UiPath Inc (PATH) estimates and forecasts

Figures show that UiPath Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -33.71% over the past 6 months, with this year growth rate of -24.07%, compared to 19.30% for the industry. Revenue growth from the last financial year stood is estimated to be 8.80%.

18 analysts offering their estimates for the company have set an average revenue estimate of 347.68M for the current quarter. 18 have an estimated revenue figure of 423.78M for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 20.57% over the past 5 years. Earnings growth for 2024 is a modest -24.22% while over the next 5 years, the company’s earnings are expected to increase by 32.50%.

PATH Dividends

UiPath Inc is expected to release its next earnings report on 2024-Nov-28 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

UiPath Inc (NYSE:PATH)’s Major holders

Insiders own 7.00% of the company shares, while shares held by institutions stand at 71.42% with a share float percentage of 76.80%. Investors are also buoyed by the number of investors in a company, with UiPath Inc having a total of 683.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 42.89 million shares worth more than $543.82 million. As of 2024-06-30, VANGUARD GROUP INC held 7.5251% of shares outstanding.

The other major institutional holder is ARK INVESTMENT MANAGEMENT LLC, with the holding of over 29.75 million shares as of 2024-06-30. The firm’s total holdings are worth over $377.2 million and represent 5.2195% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are ARK ETF Tr-ARK Innovation ETF and Vanguard Total Stock Market Index Fund. As of Sep 30, 2024, the former fund manager holds about 2.87% shares in the company for having 13.44 shares of worth $173.22 million while later fund manager owns 13.15 shares of worth $169.49 million as of Jun 30, 2024, which makes it owner of about 2.81% of company’s outstanding stock.