In the last trading session, 2.55 million shares of the Roku Inc (NASDAQ:ROKU) were traded, and its beta was 2.15. Most recently the company’s share price was $81.73, and it changed around $0.5 or 0.62% from the last close, which brings the market valuation of the company to $11.93B. ROKU currently trades at a discount to its 52-week high of $104.96, offering almost -28.42% off that amount. The share price’s 52-week low was $48.33, which indicates that the current value has risen by an impressive 40.87% since then. We note from Roku Inc’s average daily trading volume that its 10-day average is 3.99 million shares, with the 3-month average coming to 3.72 million.
Roku Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.15. If we narrow it down even further, the data shows that 1 out of 32 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 15 recommended ROKU as a Hold, whereas 12 deemed it a Buy, and 1 rated it as Underweight. Roku Inc is expected to report earnings per share of -0.24 for the current quarter.
Roku Inc (NASDAQ:ROKU) trade information
Instantly ROKU has showed a green trend with a performance of 0.62% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 82.34 on recent trading dayincreased the stock’s daily price by 0.74%. The company’s shares are currently up 9.94% year-to-date, but still up 21.33% over the last five days. On the other hand, Roku Inc (NASDAQ:ROKU) is -10.42% down in the 30-day period. We can see from the shorts that 8.38 million shares have been sold at a short interest cover period of 1.97 day(s).
The consensus price target as assigned by Wall Street analysts is $77.5, which translates to bulls needing to decrease their stock price by -5.46% from its current value. Analyst projections state that ROKU is forecast to be at a low of $55 and a high of $92.
Roku Inc (ROKU) estimates and forecasts
The year-over-year growth rate is expected to be 12.36%, up from the previous year.
Consensus estimates provided by 25 financial analysts predict the company will bring in an average of 1.01B in revenue for the current quarter. 24 analysts expect Roku Inc to make 1.1B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 881.47M and 968.18M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 14.22%. Forecasts for the next quarter put sales growth at 13.72%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -11.45%.
ROKU Dividends
Roku Inc’s next quarterly earnings report is expected to be released on 2025-Feb-13.
Roku Inc (NASDAQ:ROKU)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.62% of Roku Inc shares, and 85.26% of them are in the hands of institutional investors. The stock currently has a share float of 85.80%. Roku Inc stock is held by 767.0 institutions, with FMR LLC being the largest institutional investor. By 2024-06-30, it held 9.925% of the shares, which is about 14.33 million shares worth $858.53 million.
ARK INVESTMENT MANAGEMENT LLC, with 8.8101% or 12.72 million shares worth $762.1 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Fidelity Advisor Growth Opportunities Fund and ARK Innovation ETF were the top two Mutual Funds as of Jan 31, 2025 . The former held 10.65 shares worth $870.3 million, making up 8.27% of all outstanding shares. On the other hand, ARK Innovation ETF held roughly 6.31 shares worth around $515.35 million, which represents about 4.90% of the total shares outstanding.
