Uber Technologies Inc. [NYSE: UBER] loss -1.71% on the last trading session, reaching $41.93 price per share at the time. The company report on December 16, 2021 that MOTIONAL AND UBER ANNOUNCE PARTNERSHIP FOR AUTONOMOUS DELIVERIES.
– An established leader in public robotaxi services, Motional expands commercial operations to include autonomous delivery.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free.
– This will be Uber’s first partnership with an AV fleet provider for autonomous deliveries.
Uber Technologies Inc. represents 1.90 billion in outstanding shares, while the company has a total market value of $79.70 billion with the latest information. UBER stock price has been found in the range of $41.93 to $43.12.
If compared to the average trading volume of 27.00M shares, UBER reached a trading volume of 13664035 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 $67.69 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.
UBS have made an estimate for Uber Technologies Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 02, 2021. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on September 13, 2021, representing the official price target for Uber Technologies Inc. stock. Previously, the target price had yet another raise to $65, while Gordon Haskett analysts kept a Buy rating on UBER stock.
The Average True Range (ATR) for Uber Technologies Inc. is set at 1.94, with the Price to Sales ratio for UBER stock in the period of the last 12 months amounting to 5.73. The Price to Book ratio for the last quarter was 5.71, with the Price to Cash per share for the same quarter was set at 3.41.
Trading performance analysis for UBER stock
Uber Technologies Inc. [UBER] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.51. With this latest performance, UBER shares gained by 16.41% in over the last four-week period, additionally sinking by -18.91% over the last 6 months – not to mention a drop of -17.78% 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 53.43, with the RSI for the last a single of trading hit 55.71, and the three-weeks RSI is set at 51.47 for Uber Technologies Inc. [UBER]. The present Moving Average for the last 50 days of trading for this stock 42.05, while it was recorded at 42.51 for the last single week of trading, and 46.67 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 1.20 and a Current Ratio set at 1.20.
Uber Technologies Inc. [UBER]: An earnings per share (EPS) analysis
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 59.30%.
An analysis of insider ownership at Uber Technologies Inc. [UBER]
There are presently around $58,210 million, or 74.10% of UBER stock, in the hands of institutional investors. The top three institutional holders of UBER stocks are: MORGAN STANLEY with ownership of 104,679,711, which is approximately -16.677% of the company’s market cap and around 0.10% of the total institutional ownership; FMR LLC, holding 96,915,450 shares of the stock with an approximate value of $4.06 billion in UBER stocks shares; and SB INVESTMENT ADVISERS (UK) LTD, currently with $3.53 billion in UBER stock with ownership of nearly -34.852% of the company’s market capitalization.
Positions in Uber Technologies Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 626 institutional holders increased their position in Uber Technologies Inc. [NYSE:UBER] by around 185,276,213 shares. Additionally, 420 investors decreased positions by around 172,463,414 shares, while 156 investors held positions by with 1,030,518,706 shares. The mentioned changes placed institutional holdings at 1,388,258,333 shares, according to the latest SEC report filing. UBER stock had 138 new institutional investments in for a total of 33,096,452 shares, while 116 institutional investors sold positions of 28,576,026 shares during the same period.