Ibotta Inc (NYSE: IBTA) on Tuesday, soared 5.53% from the previous trading day, before settling in for the closing price of $61.65. Within the past 52 weeks, IBTA’s price has moved between $41.87 and $117.59.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 51.89%. The company achieved an average annual earnings per share of -87.96%. With a float of $15.92 million, this company’s outstanding shares have now reached $27.48 million.
Considering the fact that the conglomerate employs 815 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 86.44%, operating margin of 11.18%, and the pretax margin is 8.09%.
Ibotta Inc (IBTA) Insider Activity
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Ibotta Inc is 48.01%, while institutional ownership is 44.15%. The most recent insider transaction that took place on Dec 16 ’24, was worth 38,641. In this transaction CHIEF PEOPLE OFFICER of this company sold 521 shares at a rate of $74.17, taking the stock ownership to the 22,685 shares. Before that another transaction happened on Dec 16 ’24, when Company’s Officer proposed sale 521 for $74.17, making the entire transaction worth $38,641.
Ibotta Inc (IBTA) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -87.96% per share during the next fiscal year.
Ibotta Inc (NYSE: IBTA) Trading Performance Indicators
Ibotta Inc (IBTA) is currently performing well based on its current performance indicators. A quick ratio of 2.72 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.38, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 2.47 in one year’s time.
Technical Analysis of Ibotta Inc (IBTA)
Compared to the last year’s volume of 0.24 million, its volume of 0.75 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 17.59%. Additionally, its Average True Range was 4.05.
During the past 100 days, Ibotta Inc’s (IBTA) raw stochastic average was set at 61.14%, which indicates a significant increase from 32.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.36% in the past 14 days, which was lower than the 80.06% volatility it showed in the past 100 days.
Nevertheless, the first resistance level for the watch stands at $66.71 in the near term. At $68.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $71.06. If the price goes on to break the first support level at $62.36, it is likely to go to the next support level at $59.65. Should the price break the second support level, the third support level stands at $58.01.
Ibotta Inc (NYSE: IBTA) Key Stats
Market capitalization of the company is 1.99 billion based on 27,490K outstanding shares. Right now, sales total 320,040 K and income totals 38,120 K. The company made 98,620 K in profit during its latest quarter, and 17,240 K in sales during its previous quarter.
