Roku Inc. [ROKU] is 3.75% higher this YTD. Is it still time to buy?

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Roku Inc. [NASDAQ: ROKU] surged by $20.08 during the normal trading session on Monday and reaching a high of $344.67 during the day while it closed the day at $344.46. The company report on October 6, 2021 that ‘The Streaming Decade,’ Roku’s Annual Survey, Shows Industry has Passed a “Tipping Point”.

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Roku Inc. stock has also gained 7.78% of its value over the past 7 days. However, ROKU stock has declined by -17.44% in the 3 months of the year. Over the past six months meanwhile, it has lost -2.93% and gained 3.75% year-on date.

The market cap for ROKU stock reached $46.61 billion, with 132.71 million shares outstanding and 116.17 million shares in the current float. Compared to the average trading volume of 3.96M shares, ROKU reached a trading volume of 4538482 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 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 $470.67 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 2.00. 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.

Cleveland Research have made an estimate for Roku Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 30, 2021. While these analysts kept the previous recommendation, Wells Fargo dropped their target price from $488 to $350. The new note on the price target was released on September 24, 2021, representing the official price target for Roku Inc. stock. Previously, the target price had yet another raise to $395, while Guggenheim analysts kept a Buy rating on ROKU stock. On August 05, 2021, analysts increased their price target for ROKU shares from 400 to 475.

The Average True Range (ATR) for Roku Inc. is set at 11.67, with the Price to Sales ratio for ROKU stock in the period of the last 12 months amounting to 20.08. The Price to Book ratio for the last quarter was 17.85. Price to Free Cash Flow for ROKU in the course of the last twelve months was 257.95 with Quick ratio for the last quarter at 4.50.

ROKU stock trade performance evaluation

Roku Inc. [ROKU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.78. With this latest performance, ROKU shares gained by 6.28% in over the last four-week period, additionally sinking by -2.93% over the last 6 months – not to mention a rise of 54.94% 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 59.06, with the RSI for the last a single of trading hit 67.04, and the three-weeks RSI is set at 53.87 for Roku Inc. [ROKU]. The present Moving Average for the last 50 days of trading for this stock 336.73, while it was recorded at 329.40 for the last single week of trading, and 370.81 for the last 200 days.

Roku Inc. [ROKU]: An insightful look at the core 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 4.50 and a Current Ratio set at 4.60.

Earnings per share (EPS) analysis for Roku Inc. [ROKU] 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 ROKU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Roku Inc. go to 64.40%.

Roku Inc. [ROKU]: Insider Ownership positions

There are presently around $28,966 million, or 71.00% of ROKU stock, in the hands of institutional investors. The top three institutional holders of ROKU stocks are: FMR LLC with ownership of 8,418,010, which is approximately -12.345% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 7,899,493 shares of the stock with an approximate value of $2.72 billion in ROKU stocks shares; and BLACKROCK INC., currently with $2.38 billion in ROKU stock with ownership of nearly -1.365% of the company’s market capitalization.

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443 institutional holders increased their position in Roku Inc. [NASDAQ:ROKU] by around 9,248,042 shares. Additionally, 368 investors decreased positions by around 6,445,506 shares, while 125 investors held positions by with 68,396,725 shares. The mentioned changes placed institutional holdings at 84,090,273 shares, according to the latest SEC report filing. ROKU stock had 130 new institutional investments in for a total of 2,272,609 shares, while 105 institutional investors sold positions of 986,031 shares during the same period.

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