Roku Inc [NASDAQ: ROKU] plunged by -$4.9 during the normal trading session on while it closed the day at $68.71.
Roku Inc stock has also loss -8.64% of its value over the past 7 days. However, ROKU stock has inclined by 11.16% in the 3 months of the year. Over the past six months meanwhile, it has gained 17.41% and lost -25.04% year-on date.
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The market cap for ROKU stock reached $9.98 billion, with 145.20 million shares outstanding and 127.04 million shares in the current float. Compared to the average trading volume of 3.73M shares, ROKU reached a trading volume of 8610105 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 $82.43 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 2.33. 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.
Robert W. Baird have made an estimate for Roku Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on November 18, 2024. While these analysts kept the previous recommendation, JP Morgan raised their target price from $90 to $92. The new note on the price target was released on October 10, 2024, representing the official price target for Roku Inc stock. Previously, the target price had yet another raise to $80, while MoffettNathanson analysts kept a Neutral rating on ROKU stock.
The Average True Range (ATR) for Roku Inc is set at 3.90, with the Price to Sales ratio for ROKU stock in the period of the last 12 months amounting to 2.56. The Price to Book ratio for the last quarter was 4.05, with the Price to Cash per share for the same quarter was set at 14.66. Price to Free Cash Flow for ROKU in the course of the last twelve months was 119.85 with Quick ratio for the last quarter at 2.40.
ROKU stock trade performance evaluation
Roku Inc [ROKU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.64. With this latest performance, ROKU shares dropped by -10.52% in over the last four-week period, additionally plugging by 17.41% over the last 6 months – not to mention a drop of -27.67% 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 42.90, with the RSI for the last a single of trading hit 40.13, and the three-weeks RSI is set at 45.04 for Roku Inc [ROKU]. The present Moving Average for the last 50 days of trading for this stock 74.66, while it was recorded at 71.91 for the last single week of trading, and 65.40 for the last 200 days.
Roku Inc [ROKU]: An insightful look at the core fundamentals
Roku Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.40 and a Current Ratio set at 2.56.
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 43.00%.
Roku Inc [ROKU]: Institutional Ownership
There are presently around $83.60%, or 84.10%% of ROKU stock, in the hands of institutional investors. The top three institutional holders of ROKU stocks are: FMR LLC with ownership of 14.33 million shares, which is approximately 9.9656%. ARK INVESTMENT MANAGEMENT LLC, holding 12.72 million shares of the stock with an approximate value of $$762.1 million in ROKU stocks shares; and ARK INVESTMENT MANAGEMENT LLC, currently with $$720.25 million in ROKU stock with ownership which is approximately 8.3604%.
