Roblox Corporation [RBLX] gain 0.17% so far this year. What now?

Roblox Corporation [NYSE: RBLX] closed the trading session at $69.62 on 05/04/21. The day’s price range saw the stock hit a low of $67.6584, while the highest price level was $71.69. The company report on April 27, 2021 that Roblox Named to TIME’s Inaugural list of the TIME100 Most Influential Companies.

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, TIME reveals the TIME100 Most Influential Companies, a new list—and an expansion of the annual TIME100 list of the world’s most influential people—that highlights 100 companies making an extraordinary impact around the world. Roblox Corporation (NYSE: RBLX), a global platform bringing millions of people together through shared experiences, is amongst the list of 100 companies honored by TIME in the Pioneer category.

“At Roblox we are building a metaverse, a 3D persistent and shared virtual human co-experience,” said David Baszucki, CEO, Roblox. “Our team is focused on inventing the technology to bring these new virtual experiences to life, and it’s an honor to be recognized as a ‘pioneer’ and one of the most influential companies by TIME.”.

If compared to the average trading volume of 11.18M shares, RBLX reached to a volume of 5358298 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Roblox Corporation [RBLX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RBLX shares is $77.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RBLX stock is a recommendation set at 1.70. 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.

JP Morgan have made an estimate for Roblox Corporation shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on May 04, 2021. While these analysts kept the previous recommendation, Truist raised their target price to Buy. The new note on the price target was released on April 05, 2021, representing the official price target for Roblox Corporation stock. Previously, the target price had yet another raise to $80, while Morgan Stanley analysts kept a Overweight rating on RBLX stock.

The Average True Range (ATR) for Roblox Corporation is set at 4.54, with the Price to Sales ratio for RBLX stock in the period of the last 12 months amounting to 42.36.

RBLX stock trade performance evaluation

Roblox Corporation [RBLX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.36.

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 RBLX stock in for the last two-week period is set at 45.89, with the RSI for the last a single of trading hit 41.58, and the three-weeks RSI is set at 47.68 for Roblox Corporation [RBLX], while it was recorded at 73.40 for the last single week of trading.

Roblox Corporation [RBLX]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Roblox Corporation [RBLX] shares currently have an operating margin of -28.81 and a Gross Margin at +9.85. Roblox Corporation’s Net Margin is presently recorded at -27.41.

Return on Total Capital for RBLX is now -285.11, given the latest momentum, and Return on Invested Capital for the company is -355.89. Additionally, RBLX Total Debt to Total Capital is recorded at 373.03, with Total Debt to Total Assets ending up at 18.66.

Receivables Turnover for the company is 5.46 with a Total Asset Turnover recorded at a value of 0.71.Roblox Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.20.

Earnings per share (EPS) analysis for Roblox Corporation [RBLX] stock

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 RBLX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Roblox Corporation go to 1.10%.

Roblox Corporation [RBLX]: Insider Ownership positions

There are presently around $160 million, or 64.80% of RBLX stock, in the hands of institutional investors. The top three institutional holders of RBLX stocks are: KRILOGY FINANCIAL LLC with ownership of 737,070, which is approximately New of the company’s market cap and around 11.40% of the total institutional ownership; NIKKO ASSET MANAGEMENT AMERICAS, INC., holding 414,111 shares of the stock with an approximate value of $29.43 million in RBLX stocks shares; and SUMITOMO MITSUI TRUST HOLDINGS, INC., currently with $29.43 million in RBLX stock with ownership of nearly New of the company’s market capitalization.

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Positions in Roblox Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 80 institutional holders increased their position in Roblox Corporation [NYSE:RBLX] by around 2,247,749 shares. Additionally, 0 investors decreased positions by around 0 shares, while 0 investors held positions by with 0 shares. The mentioned changes placed institutional holdings at 2,247,749 shares, according to the latest SEC report filing. RBLX stock had 80 new institutional investments in for a total of 2,247,749 shares, while 0 institutional investors sold positions of 0 shares during the same period.

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