Uber Technologies Inc. [NYSE: UBER] loss -0.35% on the last trading session, reaching $57.40 price per share at the time. The company report on March 25, 2021 that Uber Eats and Nimble Announce On-Demand Prescription Delivery in Chicago.
Chicago consumers can now request prescription delivery directly in the Uber Eats app.
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Uber’s prescription delivery is powered by Nimble, a rapidly growing prescription delivery service in the U.S. that connects quality neighborhood pharmacies with delivery to meet the community’s personal health and wellness needs.
Uber Technologies Inc. represents 1.79 billion in outstanding shares, while the company has a total market value of $101.09 billion with the latest information. UBER stock price has been found in the range of $56.64 to $58.42.
If compared to the average trading volume of 21.31M shares, UBER reached a trading volume of 13467551 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Uber Technologies Inc. [UBER]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UBER shares is $69.55 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UBER stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for Uber Technologies Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 01, 2021. While these analysts kept the previous recommendation, Jefferies raised their target price to Buy. The new note on the price target was released on April 01, 2021, representing the official price target for Uber Technologies Inc. stock. Previously, the target price had yet another raise to $72, while Vertical Research analysts kept a Buy rating on UBER stock.
The Average True Range (ATR) for Uber Technologies Inc. is set at 2.51, with the Price to Sales ratio for UBER stock in the period of the last 12 months amounting to 9.07. The Price to Book ratio for the last quarter was 8.39, with the Price to Cash per share for the same quarter was set at 3.88.
Trading performance analysis for UBER stock
Uber Technologies Inc. [UBER] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.92. With this latest performance, UBER shares gained by 8.16% in over the last four-week period, additionally plugging by 54.55% over the last 6 months – not to mention a rise of 142.40% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for UBER stock in for the last two-week period is set at 54.80, with the RSI for the last a single of trading hit 58.68, and the three-weeks RSI is set at 53.42 for Uber Technologies Inc. [UBER]. The present Moving Average for the last 50 days of trading for this stock 55.97, while it was recorded at 55.26 for the last single week of trading, and 43.91 for the last 200 days.
Uber Technologies Inc. [UBER]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Uber Technologies Inc. [UBER] shares currently have an operating margin of -38.82 and a Gross Margin at +35.38. Uber Technologies Inc.’s Net Margin is presently recorded at -60.76.
Return on Total Capital for UBER is now -18.40, given the latest momentum, and Return on Invested Capital for the company is -31.40. Return on Equity for this stock declined to -51.16, with Return on Assets sitting at -20.82. When it comes to the capital structure of this company, Uber Technologies Inc. [UBER] has a Total Debt to Total Equity ratio set at 84.58. Additionally, UBER Total Debt to Total Capital is recorded at 45.82, with Total Debt to Total Assets ending up at 31.20. Long-Term Debt to Equity for the company is recorded at 76.18, with the Long-Term Debt to Total Capital now at 41.27.
Reflecting on the efficiency of the workforce at the company, Uber Technologies Inc. [UBER] managed to generate an average of -$296,842 per employee. Receivables Turnover for the company is 7.01 with a Total Asset Turnover recorded at a value of 0.34.Uber Technologies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 1.40.
Uber Technologies Inc. [UBER]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Uber Technologies Inc. posted -1.7/share EPS, while the average EPS was predicted by analysts to be reported at -0.88/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -93.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for UBER. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Uber Technologies Inc. go to 65.50%.
An analysis of insider ownership at Uber Technologies Inc. [UBER]
There are presently around $79,094 million, or 76.40% of UBER stock, in the hands of institutional investors. The top three institutional holders of UBER stocks are: SB INVESTMENT ADVISERS (UK) LTD with ownership of 222,228,178, which is approximately 0% of the company’s market cap and around 0.10% of the total institutional ownership; MORGAN STANLEY, holding 122,006,738 shares of the stock with an approximate value of $7.0 billion in UBER stocks shares; and FMR LLC, currently with $4.72 billion in UBER stock with ownership of nearly -1.312% of the company’s market capitalization.
Positions in Uber Technologies Inc. stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 660 institutional holders increased their position in Uber Technologies Inc. [NYSE:UBER] by around 222,577,082 shares. Additionally, 328 investors decreased positions by around 108,714,535 shares, while 112 investors held positions by with 1,046,656,350 shares. The mentioned changes placed institutional holdings at 1,377,947,967 shares, according to the latest SEC report filing. UBER stock had 294 new institutional investments in for a total of 59,776,300 shares, while 77 institutional investors sold positions of 25,965,597 shares during the same period.