A new trading day began on November 20, 2023, with Uber Technologies Inc (NYSE: UBER) stock priced at $53.83, up 0.57% from the previous day of trading. During the day, the shares moved up to $55.355 and dropped to $53.76 before settling in for the closing price of $54.44. UBER’s price has ranged from $23.90 to $54.51 over the past 52 weeks.
A company in the Technology sector has jumped its sales by 36.49% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 107.99%. With a float of $1.98 billion, this company’s outstanding shares have now reached $2.01 billion.
In an organization with 32800 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +28.69, operating margin of -3.29, and the pretax margin is -29.57.
Uber Technologies Inc (UBER) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Uber Technologies Inc is 3.80%, while institutional ownership is 74.45%. The most recent insider transaction that took place on Nov 14, was worth 5,284,000. In this transaction Chief Executive Officer of this company sold 100,000 shares at a rate of $52.84, taking the stock ownership to the 1,016,243 shares. Before that another transaction happened on Nov 14, when Company’s insider sold 18,850 for $53.01, making the entire transaction worth $999,150. This insider now owns 109,009 shares in total.
Uber Technologies Inc (UBER) Latest Financial update
In its latest quarterly report, released on 9/29/2023, the company reported earnings of $0.1 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -28.68 while generating a return on equity of -83.87. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 107.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.17% during the next five years compared to -14.17% drop over the previous five years of trading.
Uber Technologies Inc (NYSE: UBER) Trading Performance Indicators
Here are Uber Technologies Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.13. Likewise, its price to free cash flow for the trailing twelve months is 49.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.50, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 1.12 in one year’s time.
Technical Analysis of Uber Technologies Inc (UBER)
Let’s dig in a bit further. During the last 5-days, its volume was 23.7 million. That was better than the volume of 22.51 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 96.19%. Additionally, its Average True Range was 1.59.
During the past 100 days, Uber Technologies Inc’s (UBER) raw stochastic average was set at 96.04%, which indicates a significant increase from 95.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.25% in the past 14 days, which was lower than the 34.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $46.55, while its 200-day Moving Average is $40.78. However, in the short run, Uber Technologies Inc’s stock first resistance to watch stands at $55.48. Second resistance stands at $56.22. The third major resistance level sits at $57.08. If the price goes on to break the first support level at $53.89, it is likely to go to the next support level at $53.03. The third support level lies at $52.29 if the price breaches the second support level.
Uber Technologies Inc (NYSE: UBER) Key Stats
With a market capitalization of 112.67 billion, the company has a total of 2,057,858K Shares Outstanding. Currently, annual sales are 31,877 M while annual income is -9,141 M. The company’s previous quarter sales were 9,292 M while its latest quarter income was 221,000 K.