Roblox Corporation (NYSE: RBLX) has seen a decline in its stock price by -1.03 in relation to its previous close of 46.03. However, the company has experienced a -1.48% decline in its stock price over the last five trading sessions. fool.com reported 2024-09-21 that Roblox is posting very strong growth, but its stock still trades far below its previous high. Despite challenging end-market trends, software company PTC keeps generating double-digit growth in its key metric.
Is It Worth Investing in Roblox Corporation (NYSE: RBLX) Right Now?
Moreover, the 36-month beta value for RBLX is 1.60. Analysts have varying opinions on the stock, with 13 analysts rating it as a “buy,” 7 as “overweight,” 11 as “hold,” and 2 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for RBLX is 508.35M and currently, short sellers hold a 4.32% of that float. On September 23, 2024, RBLX’s average trading volume was 6.04M shares.
RBLX’s Market Performance
RBLX stock saw an increase of -1.48% in the past week, with a monthly gain of 5.06% and a quarterly increase of 29.46%. The volatility ratio for the week is 2.88%, and the volatility levels for the last 30 days are 2.87% for Roblox Corporation (RBLX). The simple moving average for the last 20 days is 2.16% for RBLX stock, with a simple moving average of 15.34% for the last 200 days.
Analysts’ Opinion of RBLX
Many brokerage firms have already submitted their reports for RBLX stocks, with BTIG Research repeating the rating for RBLX by listing it as a “Buy.” The predicted price for RBLX in the upcoming period, according to BTIG Research is $51 based on the research report published on September 09, 2024 of the current year 2024.
Jefferies gave a rating of “Hold” to RBLX, setting the target price at $42 in the report published on July 11th of the current year.
RBLX Trading at 9.08% from the 50-Day Moving Average
After a stumble in the market that brought RBLX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.08% of loss for the given period.
Volatility was left at 2.87%, however, over the last 30 days, the volatility rate increased by 2.88%, as shares surge +3.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.88% upper at present.
During the last 5 trading sessions, RBLX fell by -1.06%, which changed the moving average for the period of 200-days by +12.49% in comparison to the 20-day moving average, which settled at $44.67. In addition, Roblox Corporation saw -0.36% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RBLX starting from Baszucki David, who sale 166,666 shares at the price of $45.56 back on Sep 18 ’24. After this action, Baszucki David now owns 135,755 shares of Roblox Corporation, valued at $7,593,752 using the latest closing price.
Baszucki David, the President & CEO of Roblox Corporation, sale 74,999 shares at $45.56 during a trade that took place back on Sep 18 ’24, which means that Baszucki David is holding 875 shares at $3,417,156 based on the most recent closing price.
Stock Fundamentals for RBLX
Current profitability levels for the company are sitting at:
- -0.38 for the present operating margin
- 0.5 for the gross margin
The net margin for Roblox Corporation stands at -0.34. The total capital return value is set at -0.38. Equity return is now at value -742.99, with -17.85 for asset returns.
Based on Roblox Corporation (RBLX), the company’s capital structure generated 0.9 points at debt to capital in total, while cash flow to debt ratio is standing at 0.57. The debt to equity ratio resting at 9.4. The interest coverage ratio of the stock is -29.55.
Currently, EBITDA for the company is -1.05 billion with net debt to EBITDA at -0.9. When we switch over and look at the enterprise to sales, we see a ratio of 9.57. The receivables turnover for the company is 8.66for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.
Conclusion
To wrap up, the performance of Roblox Corporation (RBLX) has been mixed in recent times. The stock has received a bearish of “sell” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
