Roku Inc’s (ROKU) Stock: A Long-Term Performance Analysis

In the past week, ROKU stock has gone up by 9.18%, with a monthly gain of 16.78% and a quarterly surge of 28.11%. The volatility ratio for the week is 5.60%, and the volatility levels for the last 30 days are 4.82% for Roku Inc The simple moving average for the past 20 days is 13.40% for ROKU’s stock, with a 29.57% simple moving average for the past 200 days.

Is It Worth Investing in Roku Inc (NASDAQ: ROKU) Right Now?

The stock has a 36-month beta value of 2.08. Opinions on the stock are mixed, with 11 analysts rating it as a “buy,” 2 as “overweight,” 14 as “hold,” and 2 as “sell.”

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The public float for ROKU is 127.00M, and at present, short sellers hold a 9.86% of that float. On December 10, 2024, the average trading volume of ROKU was 3.96M shares.

ROKU) stock’s latest price update

The stock of Roku Inc (NASDAQ: ROKU) has decreased by 0.00 when compared to last closing price of 84.12.Despite this, the company has seen a gain of 9.18% in its stock price over the last five trading days. seekingalpha.com reported 2024-12-09 that Roku, Inc. (NASDAQ:ROKU ) UBS Global Media and Communications Conference Call December 9, 2024 10:30 AM ET Company Participants Dan Jedda – Chief Financial Officer Conrad Grodd – Vice President, Investor Relations Conference Call Participants John Hodulik – UBS John Hodulik Okay. Good morning, everyone.

Analysts’ Opinion of ROKU

Many brokerage firms have already submitted their reports for ROKU stocks, with UBS repeating the rating for ROKU by listing it as a “Neutral.” The predicted price for ROKU in the upcoming period, according to UBS is $73 based on the research report published on November 22, 2024 of the current year 2024.

Robert W. Baird, on the other hand, stated in their research note that they expect to see ROKU reach a price target of $90, previously predicting the price at $70. The rating they have provided for ROKU stocks is “Outperform” according to the report published on November 18th, 2024.

JP Morgan gave a rating of “Overweight” to ROKU, setting the target price at $92 in the report published on October 10th of the current year.

ROKU Trading at 12.84% 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 -22.71% of loss for the given period.

Volatility was left at 4.82%, however, over the last 30 days, the volatility rate increased by 5.60%, as shares surge +13.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.05% upper at present.

During the last 5 trading sessions, ROKU rose by +9.18%, which changed the moving average for the period of 200-days by +30.46% in comparison to the 20-day moving average, which settled at $74.18. In addition, Roku Inc saw -8.23% 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 Banks Matthew C., who sale 211 shares at the price of $69.65 back on Dec 02 ’24. After this action, Banks Matthew C. now owns 7,053 shares of Roku Inc, valued at $14,696 using the latest closing price.

MATT BANKS, the Officer of Roku Inc, proposed sale 211 shares at $69.65 during a trade that took place back on Dec 02 ’24, which means that MATT BANKS is holding shares at $14,696 based on the most recent closing price.

Stock Fundamentals for ROKU

Current profitability levels for the company are sitting at:

  • -0.06 for the present operating margin
  • 0.43 for the gross margin

The net margin for Roku Inc stands at -0.04. The total capital return value is set at -0.08. Equity return is now at value -7.22, with -4.05 for asset returns.

Currently, EBITDA for the company is -570.67 million with net debt to EBITDA at 11.38. When we switch over and look at the enterprise to sales, we see a ratio of 2.75. The receivables turnover for the company is 5.34for 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 2.56.

Conclusion

To sum up, Roku Inc (ROKU) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “sell” 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.

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