Uber Technologies Inc. [NYSE: UBER] slipped around -0.52 points on Friday, while shares priced at $41.51 at the close of the session, down -1.24%. 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.
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– This will be Uber’s first partnership with an AV fleet provider for autonomous deliveries.
Uber Technologies Inc. stock is now -1.00% down from its year-to-date (YTD) trading value. UBER Stock saw the intraday high of $42.65 and lowest of $41.20 per share. The company’s 52-week high price is 64.05, which means current price is +1.32% above from all time high which was touched on 01/05/22.
Compared to the average trading volume of 27.32M shares, UBER reached a trading volume of 24749675 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $67.20 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 1.70. 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.
Needham have made an estimate for Uber Technologies Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 07, 2022. While these analysts kept the previous recommendation, UBS raised their target price to Buy. The new note on the price target was released on December 02, 2021, representing the official price target for Uber Technologies Inc. stock. Previously, the target price had yet another raise to $64, while Goldman analysts kept a Buy rating on UBER stock.
The Average True Range (ATR) for Uber Technologies Inc. is set at 2.11, with the Price to Sales ratio for UBER stock in the period of the last 12 months amounting to 5.87. The Price to Book ratio for the last quarter was 5.66, with the Price to Cash per share for the same quarter was set at 3.30.
How has UBER stock performed recently?
Uber Technologies Inc. [UBER] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.00. With this latest performance, UBER shares gained by 6.96% in over the last four-week period, additionally sinking by -14.25% over the last 6 months – not to mention a drop of -22.09% 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 49.43, with the RSI for the last a single of trading hit 47.26, and the three-weeks RSI is set at 49.42 for Uber Technologies Inc. [UBER]. The present Moving Average for the last 50 days of trading for this stock 41.79, while it was recorded at 43.03 for the last single week of trading, and 46.38 for the last 200 days.
Uber Technologies Inc. [UBER]: Deeper insight into the fundamentals
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.
Earnings analysis for Uber Technologies Inc. [UBER]
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%.
Insider trade positions for Uber Technologies Inc. [UBER]
There are presently around $57,626 million, or 74.20% 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 $4.02 billion in UBER stocks shares; and SB INVESTMENT ADVISERS (UK) LTD, currently with $3.49 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 622 institutional holders increased their position in Uber Technologies Inc. [NYSE:UBER] by around 185,165,886 shares. Additionally, 422 investors decreased positions by around 172,485,485 shares, while 159 investors held positions by with 1,030,601,727 shares. The mentioned changes placed institutional holdings at 1,388,253,098 shares, according to the latest SEC report filing. UBER stock had 136 new institutional investments in for a total of 33,005,164 shares, while 115 institutional investors sold positions of 28,575,542 shares during the same period.