Roku Inc (NASDAQ: ROKU) kicked off on Friday, up 0.76% from the previous trading day, before settling in for the closing price of $68.68. Over the past 52 weeks, ROKU has traded in a range of $48.33-$108.84.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Communication Services sector has jumped its sales by 37.91% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 78.67%. With a float of $127.00 million, this company’s outstanding shares have now reached $145.20 million.
In an organization with 3150 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 43.25%, operating margin of -5.92%, and the pretax margin is -4.38%.
Roku Inc (ROKU) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Entertainment Industry. The insider ownership of Roku Inc is 12.54%, while institutional ownership is 73.92%. The most recent insider transaction that took place on Nov 19 ’24, was worth 75,000. In this transaction CFO of this company sold 1,000 shares at a rate of $75.00, taking the stock ownership to the 65,555 shares. Before that another transaction happened on Nov 18 ’24, when Company’s President, Roku Media sold 10,771 for $71.14, making the entire transaction worth $766,273. This insider now owns 3,790 shares in total.
Roku Inc (ROKU) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.26 earnings per share (EPS), higher than consensus estimate (set at -0.58) by 0.32. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 78.67% 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
Take a look at Roku Inc’s (ROKU) current performance indicators. Last quarter, stock had a quick ratio of 2.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.60. Likewise, its price to free cash flow for the trailing twelve months is 121.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.20, a number that is poised to hit -0.42 in the next quarter and is forecasted to reach -0.66 in one year’s time.
Technical Analysis of Roku Inc (ROKU)
Let’s dig in a bit further. During the last 5-days, its volume was 4.58 million. That was better than the volume of 4.42 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 22.97%. Additionally, its Average True Range was 3.70.
During the past 100 days, Roku Inc’s (ROKU) raw stochastic average was set at 64.33%, which indicates a significant increase from 25.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.22% in the past 14 days, which was higher than the 59.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.45, while its 200-day Moving Average is $65.14. However, in the short run, Roku Inc’s stock first resistance to watch stands at $70.75. Second resistance stands at $72.30. The third major resistance level sits at $73.79. If the price goes on to break the first support level at $67.71, it is likely to go to the next support level at $66.22. Assuming the price breaks the second support level, the third support level stands at $64.67.
Roku Inc (NASDAQ: ROKU) Key Stats
The company with the Market Capitalisation of 10.12 billion has total of 145,199K Shares Outstanding. Its annual sales at the moment are 3,485 M in contrast with the sum of -709,560 K annual income. Company’s last quarter sales were recorded 1,062 M and last quarter income was -9,030 K.
