On Monday, Roku Inc (NASDAQ: ROKU) opened higher 5.77% from the last session, before settling in for the closing price of $58.58. Price fluctuations for ROKU have ranged from $48.33 to $108.84 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 37.91% over the past five years. Company’s average yearly earnings per share was noted 71.66% at the time writing. With a float of $126.42 million, this company’s outstanding shares have now reached $144.69 million.
Let’s look at the performance matrix of the company that is accounted for 3150 employees. In terms of profitability, gross margin is 42.02%, operating margin of -14.54%, and the pretax margin is -13.15%.
Roku Inc (ROKU) Insider Updates
A key investor’s attitude towards the stock of the Entertainment industry is another important factor to consider. The insider ownership of Roku Inc is 12.62%, while institutional ownership is 71.50%. The most recent insider transaction that took place on Jul 16 ’24, was worth 233,350. In this transaction President, Roku Media of this company sold 3,590 shares at a rate of $65.00, taking the stock ownership to the 12,064 shares. Before that another transaction happened on Jun 13 ’24, when Company’s SVP General Counsel, Secretary sold 12,124 for $55.59, making the entire transaction worth $673,973. This insider now owns 91,905 shares in total.
Roku Inc (ROKU) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 71.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 43.00% during the next five years compared to -126.17% drop over the previous five years of trading.
Roku Inc (NASDAQ: ROKU) Trading Performance Indicators
Check out the current performance indicators for Roku Inc (ROKU). In the past quarter, the stock posted a quick ratio of 2.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.39. Likewise, its price to free cash flow for the trailing twelve months is 32.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.46, a number that is poised to hit -0.32 in the next quarter and is forecasted to reach -1.02 in one year’s time.
Technical Analysis of Roku Inc (ROKU)
Roku Inc (NASDAQ: ROKU) saw its 5-day average volume 2.9 million, a negative change from its year-to-date volume of 4.69 million. As of the previous 9 days, the stock’s Stochastic %D was 86.01%. Additionally, its Average True Range was 2.89.
During the past 100 days, Roku Inc’s (ROKU) raw stochastic average was set at 74.40%, which indicates a significant decrease from 97.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.89% in the past 14 days, which was higher than the 45.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $58.10, while its 200-day Moving Average is $71.73. Nevertheless, the first resistance level for the watch stands at $63.20 in the near term. At $64.43, the stock is likely to face the second major resistance level. The third major resistance level sits at $66.59. If the price goes on to break the first support level at $59.81, it is likely to go to the next support level at $57.65. Assuming the price breaks the second support level, the third support level stands at $56.42.
Roku Inc (NASDAQ: ROKU) Key Stats
There are currently 144,165K shares outstanding in the company with a market cap of 8.96 billion. Presently, the company’s annual sales total 3,485 M according to its annual income of -709,560 K. Last quarter, the company’s sales amounted to 968,180 K and its income totaled -33,950 K.
