On Monday, Roku Inc (NASDAQ: ROKU) opened higher 11.62% from the last session, before settling in for the closing price of $69.03. Price fluctuations for ROKU have ranged from $48.33 to $108.84 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 37.91%. Company’s average yearly earnings per share was noted 78.69% at the time writing. With a float of $127.00 million, this company’s outstanding shares have now reached $127.89 million.
Considering the fact that the conglomerate employs 3150 people, you should pay attention to its efficiency factor. 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 Activity
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 12.54%, while institutional ownership is 73.88%. The most recent insider transaction that took place on Dec 02 ’24, was worth 14,696. Before that another transaction happened on Nov 19 ’24, when Company’s CFO sold 1,000 for $75.00, making the entire transaction worth $75,000. This insider now owns 65,555 shares in total.
Roku Inc (ROKU) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.26 earnings per share (EPS) for the quarter, besting the agreed prediction (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 78.69% 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 2.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.87. Likewise, its price to free cash flow for the trailing twelve months is 134.40.
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)
Compared to the last year’s volume of 4.41 million, its volume of 4.03 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 50.28%. Additionally, its Average True Range was 3.59.
During the past 100 days, Roku Inc’s (ROKU) raw stochastic average was set at 88.53%, which indicates a significant increase from 87.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.83% in the past 14 days, which was higher than the 61.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $73.81, while its 200-day Moving Average is $64.53. Nevertheless, the first resistance level for the watch stands at $79.81 in the near term. At $82.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $87.83. If the price goes on to break the first support level at $71.79, it is likely to go to the next support level at $66.52. Should the price break the second support level, the third support level stands at $63.77.
Roku Inc (NASDAQ: ROKU) Key Stats
There are currently 145,199K shares outstanding in the company with a market cap of 11.19 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 1,062 M and its income totaled -9,030 K.
