Maplebear Inc. [NASDAQ: CART] surged by $0.71 during the normal trading session on while it closed the day at $42.70.
Maplebear Inc. stock has also loss -0.09% of its value over the past 7 days. However, CART stock has inclined by 22.00% in the 3 months of the year. Over the past six months meanwhile, it has gained 17.31% and gained 81.93% year-on date.
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The market cap for CART stock reached $10.98 billion, with 279.05 million shares outstanding and 150.46 million shares in the current float. Compared to the average trading volume of 3.55M shares, CART reached a trading volume of 3286578 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 Maplebear Inc. [CART]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CART shares is $45.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CART stock is a recommendation set at 2.17. 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.
Jefferies have made an estimate for Maplebear Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 16, 2024. While these analysts kept the previous recommendation, Raymond James raised their target price to Mkt Perform. The new note on the price target was released on September 24, 2024, representing the official price target for Maplebear Inc. stock. Previously, the target price had yet another raise to $45, while Cantor Fitzgerald analysts kept a Overweight rating on CART stock.
The Average True Range (ATR) for Maplebear Inc. is set at 1.46, with the Price to Sales ratio for CART stock in the period of the last 12 months amounting to 3.42. The Price to Book ratio for the last quarter was 3.70, with the Price to Cash per share for the same quarter was set at 6.11. Price to Free Cash Flow for CART in the course of the last twelve months was 17.62 with Quick ratio for the last quarter at 3.45.
CART stock trade performance evaluation
Maplebear Inc. [CART] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.09. With this latest performance, CART shares gained by 7.10% in over the last four-week period, additionally plugging by 17.31% over the last 6 months – not to mention a rise of 74.14% 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 CART stock in for the last two-week period is set at 60.37, with the RSI for the last a single of trading hit 58.35, and the three-weeks RSI is set at 60.87 for Maplebear Inc. [CART]. The present Moving Average for the last 50 days of trading for this stock 37.53, while it was recorded at 42.83 for the last single week of trading, and 33.61 for the last 200 days.
Maplebear Inc. [CART]: An insightful look at the core fundamentals
Maplebear Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.45 and a Current Ratio set at 3.45.
Earnings per share (EPS) analysis for Maplebear Inc. [CART] stock
With the latest financial reports released by the company, Maplebear Inc. posted -20.86/share EPS, while the average EPS was predicted by analysts to be reported at -12.97/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -7.89. 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 CART. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Maplebear Inc. go to 27.53%.
Maplebear Inc. [CART]: Institutional Ownership
There are presently around $68.05%, or 77.29%% of CART stock, in the hands of institutional investors. The top three institutional holders of CART stocks are: SC US (TTGP), LTD. with ownership of 41.91 million shares, which is approximately 15.7831%. D1 CAPITAL PARTNERS L.P., holding 28.91 million shares of the stock with an approximate value of $$929.2 million in CART stocks shares; and D1 CAPITAL PARTNERS L.P., currently with $$289.43 million in CART stock with ownership which is approximately 3.3913%.
