Roku Inc. [ROKU] is 7.43% higher this YTD. Is it still time to buy?

Roku Inc. [NASDAQ: ROKU] price plunged by -0.29 percent to reach at -$1.04. The company report on April 28, 2021 that Tribeca Festival™ Convenes Marketing Leaders at Tribeca X to Chart Industry’s Path Forward at First Major In-Person Event.

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Walmart CEO Doug McMillon, Roku CEO Anthony Wood, and P&G Chief Brand Officer Marc Pritchard Will Anchor Conversations on the Future of Entertainment and Advertising.

“Stories have power and this June Tribeca X will gather giants of industry who are passionate about their responsibility to harness the power of storytelling,” said Jane Rosenthal, Co-Founder and CEO of Tribeca Enterprises and Tribeca Festival. “We are excited to bring industry leaders back together in-person for boundary-pushing discussions.”.

A sum of 3775971 shares traded at recent session while its average daily volume was at 4.02M shares. Roku Inc. shares reached a high of $377.50 and dropped to a low of $353.17 until finishing in the latest session at $356.70.

The one-year ROKU stock forecast points to a potential upside of 24.34. The average equity rating for ROKU stock is currently 2.10, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Roku Inc. [ROKU]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ROKU shares is $471.44 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ROKU stock is a recommendation set at 2.10. 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.

Wedbush have made an estimate for Roku Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 29, 2021. While these analysts kept the previous recommendation, Evercore ISI raised their target price to Outperform. The new note on the price target was released on April 06, 2021, representing the official price target for Roku Inc. stock. Previously, the target price had yet another drop from $480 to $367, while Truist kept a Buy rating on ROKU stock.

The Average True Range (ATR) for Roku Inc. is set at 18.34, with the Price to Sales ratio for ROKU stock in the period of the last 12 months amounting to 25.27. The Price to Book ratio for the last quarter was 34.23. Price to Free Cash Flow for ROKU in the course of the last twelve months was 682.88 with Quick ratio for the last quarter at 3.20.

ROKU Stock Performance Analysis:

Roku Inc. [ROKU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.90. With this latest performance, ROKU shares gained by 14.34% in over the last four-week period, additionally plugging by 58.48% over the last 6 months – not to mention a rise of 198.44% 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 ROKU stock in for the last two-week period is set at 48.40, with the RSI for the last a single of trading hit 47.49, and the three-weeks RSI is set at 48.46 for Roku Inc. [ROKU]. The present Moving Average for the last 50 days of trading for this stock 364.62, while it was recorded at 360.12 for the last single week of trading, and 284.06 for the last 200 days.

Insight into Roku Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Roku Inc. [ROKU] shares currently have an operating margin of -1.14 and a Gross Margin at +45.45. Roku Inc.’s Net Margin is presently recorded at -0.98.

Return on Total Capital for ROKU is now -1.40, given the latest momentum, and Return on Invested Capital for the company is -1.24. Return on Equity for this stock declined to -1.73, with Return on Assets sitting at -0.94. When it comes to the capital structure of this company, Roku Inc. [ROKU] has a Total Debt to Total Equity ratio set at 33.01. Additionally, ROKU Total Debt to Total Capital is recorded at 24.82, with Total Debt to Total Assets ending up at 19.30. Long-Term Debt to Equity for the company is recorded at 29.95, with the Long-Term Debt to Total Capital now at 22.52.

Reflecting on the efficiency of the workforce at the company, Roku Inc. [ROKU] managed to generate an average of -$9,095 per employee. Receivables Turnover for the company is 4.10 with a Total Asset Turnover recorded at a value of 0.95.Roku Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.20 and a Current Ratio set at 3.30.


With the latest financial reports released by the company, Roku Inc. posted -0.45/share EPS, while the average EPS was predicted by analysts to be reported at -0.45/share. 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 ROKU.

Roku Inc. [ROKU] Insider Position Details

There are presently around $29,054 million, or 72.00% of ROKU stock, in the hands of institutional investors. The top three institutional holders of ROKU stocks are: FMR LLC with ownership of 10,686,337, which is approximately 8.437% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 9,005,407 shares of the stock with an approximate value of $3.21 billion in ROKU stocks shares; and BLACKROCK INC., currently with $2.28 billion in ROKU stock with ownership of nearly 2.136% of the company’s market capitalization.

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Positions in Roku Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 456 institutional holders increased their position in Roku Inc. [NASDAQ:ROKU] by around 10,820,462 shares. Additionally, 306 investors decreased positions by around 11,611,756 shares, while 79 investors held positions by with 59,020,762 shares. The mentioned changes placed institutional holdings at 81,452,980 shares, according to the latest SEC report filing. ROKU stock had 197 new institutional investments in for a total of 2,019,558 shares, while 63 institutional investors sold positions of 1,042,133 shares during the same period.

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