Aurora Innovation Inc [NASDAQ: AUR] traded at a low on Wednesday, posting a -4.78 loss after which it closed the day’ session at $2.99. The company report on January 24, 2024 at 9:00 AM that Aurora to Host Fourth Quarter 2023 Business Review Conference Call on February 14, 2024.
Aurora Innovation, Inc. (NASDAQ: AUR) today announced it will release fourth quarter 2023 results after market close on February 14, 2024 and will host a business review conference call that day at 5:00 p.m. Eastern time. The conference call will be webcast on Aurora’s investor relations website at ir.aurora.tech. A replay of the webcast will be available for 30 days following the call.
The results of the trading session contributed to over 4042655 shares changing hands. Over the past one week, the price volatility of Aurora Innovation Inc stands at 5.32% while the volatility over the past one month is 7.39%.
The market cap for AUR stock reached $4.54 billion, with 754.00 million shares outstanding and 700.22 million shares in the current float. Compared to the average trading volume of 6.77M shares, AUR reached a trading volume of 4042655 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Aurora Innovation Inc [AUR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AUR shares is $3.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AUR stock is a recommendation set at 3.00. 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.
Goldman have made an estimate for Aurora Innovation Inc shares, keeping their opinion on the stock as Sell, with their previous recommendation back on January 03, 2024.
The Average True Range (ATR) for Aurora Innovation Inc is set at 0.23, with the Price to Sales ratio for AUR stock in the period of the last 12 months amounting to 1917.37. The Price to Book ratio for the last quarter was 2.12, with the Price to Cash per share for the same quarter was set at 0.97.
How has AUR stock performed recently?
Aurora Innovation Inc [AUR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.72. With this latest performance, AUR shares dropped by -31.58% in over the last four-week period, additionally sinking by -10.48% over the last 6 months – not to mention a rise of 72.83% 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 AUR stock in for the last two-week period is set at 41.17, with the RSI for the last a single of trading hit 35.32, and the three-weeks RSI is set at 45.30 for Aurora Innovation Inc [AUR]. The present Moving Average for the last 50 days of trading for this stock 3.18, while it was recorded at 3.16 for the last single week of trading, and 2.56 for the last 200 days.
Aurora Innovation Inc [AUR]: Deeper insight into the fundamentals
Aurora Innovation Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 16.29 and a Current Ratio set at 16.29.
Earnings analysis for Aurora Innovation Inc [AUR]
With the latest financial reports released by the company, Aurora Innovation Inc posted -0.25/share EPS, while the average EPS was predicted by analysts to be reported at -0.17/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -47.10%. 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 AUR.
Insider trade positions for Aurora Innovation Inc [AUR]
The top three institutional holders of AUR stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in AUR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in AUR stock with ownership which is approximately 5.8325%.
