Thirty-nine analysts covering NYSE: UBER stock’s performance announced in a report issued this week that Uber Technologies, Inc. gets a consensus rating of “Buy” from the brokerages.
Among the thirty-nine who have posted their personal ratings on the company, four analysts have given out the rating of “Hold” and a majority of thirty has assigned the rating of “Buy” to the stock. The average price target (PT) currently stands at $60.86 issued on the stock last year.
Uber Technologies, Inc. stocks traded at $54.65 this Wednesday. The company’s current market capitalization stands at $96.39 billion. It has a negative PE ratio of 13.73 along with a beta of 1.60 at the moment. The 12-monthly high to low ranges from $64.05 to $13.71. The 50SMA (50 Days Simple Moving Average) stands at $56.17 and its 200SMA stands at $45.61.
NYSE: UBER Stock Detailed Analysis
The quarterly earnings report for the previous quarter was released on the 10th of February. The earnings of UBER stocks stood at $0.54 EPS as opposed to the general consensus of $0.53 proposed by analysts at Zacks Investment Research. The company’s return on equity stands at -43.27% along with a net margin of -53.12%. During the corresponding quarter previous year, the company posted an EPS of $0.64. Analysts expect the company to post Full Year 2020 earnings per share of -3.86.
Several hedge funds and institutional investors have been involved in the buying and selling of UBER shares. Prominent ones like AXA S.A., Regent Peak Wealth Advisors LLC, DB Wealth Management Group LLC, Parkside Financial Bank, and so on, have modified their shareholdings in this company recently.
The company has recently been the subject of a lot of reports by equities analysts. Some such as Goldman Sachs, Canaccord Genuity, Truist, Susquehanna, Wedbush, Credit Suisse Group and so on have posted reports on this firm over the last few months.