ROKU has 36-month beta value of 2.06. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for ROKU is 126.50M, and currently, short sellers hold a 8.19% ratio of that float. The average trading volume of ROKU on October 14, 2024 was 3.53M shares.
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
ROKU) stock’s latest price update
Roku Inc (NASDAQ: ROKU)’s stock price has dropped by -1.38 in relation to previous closing price of 78.37. Nevertheless, the company has seen a gain of 1.23% in its stock price over the last five trading days. fool.com reported 2024-10-13 that Can Roku follow in Netflix’s footsteps? The digital media expert is heading down an extremely lucrative road.
ROKU’s Market Performance
Roku Inc (ROKU) has experienced a 1.23% rise in stock performance for the past week, with a 3.48% rise in the past month, and a 19.40% rise in the past quarter. The volatility ratio for the week is 2.95%, and the volatility levels for the past 30 days are at 3.14% for ROKU. The simple moving average for the last 20 days is 1.85% for ROKU’s stock, with a simple moving average of 14.57% for the last 200 days.
Analysts’ Opinion of ROKU
Many brokerage firms have already submitted their reports for ROKU stocks, with JP Morgan repeating the rating for ROKU by listing it as a “Overweight.” The predicted price for ROKU in the upcoming period, according to JP Morgan is $92 based on the research report published on October 10, 2024 of the current year 2024.
MoffettNathanson, on the other hand, stated in their research note that they expect to see ROKU reach a price target of $80. The rating they have provided for ROKU stocks is “Neutral” according to the report published on October 01st, 2024.
Wolfe Research gave a rating of “Outperform” to ROKU, setting the target price at $93 in the report published on September 12th of the current year.
ROKU Trading at 13.18% from the 50-Day Moving Average
After a stumble in the market that brought ROKU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.99% of loss for the given period.
Volatility was left at 3.14%, however, over the last 30 days, the volatility rate increased by 2.95%, as shares surge +4.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +45.60% upper at present.
During the last 5 trading sessions, ROKU rose by +1.34%, which changed the moving average for the period of 200-days by -17.89% in comparison to the 20-day moving average, which settled at $75.89. In addition, Roku Inc saw -15.68% 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 ROKU starting from Wood Anthony J., who sale 25,000 shares at the price of $77.20 back on Oct 10 ’24. After this action, Wood Anthony J. now owns 0 shares of Roku Inc, valued at $1,929,932 using the latest closing price.
THE WOOD REVOCABLE TRUST U/A D, the Director of Roku Inc, proposed sale 25,000 shares at $77.40 during a trade that took place back on Oct 10 ’24, which means that THE WOOD REVOCABLE TRUST U/A D is holding shares at $1,935,000 based on the most recent closing price.
Stock Fundamentals for ROKU
Current profitability levels for the company are sitting at:
- -0.15 for the present operating margin
- 0.42 for the gross margin
The net margin for Roku Inc stands at -0.13. The total capital return value is set at -0.18. Equity return is now at value -20.03, with -11.94 for asset returns.
Based on Roku Inc (ROKU), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 0.5. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is -9905.89.
Currently, EBITDA for the company is -308.26 million with net debt to EBITDA at 4.15. When we switch over and look at the enterprise to sales, we see a ratio of 2.61. The receivables turnover for the company is 5.57for trailing twelve months and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.72.
Conclusion
To put it simply, Roku Inc (ROKU) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
