Roku Inc [ROKU] stock is trading at $77.51, up 1.44%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ROKU shares have gain 5.46% over the last week, with a monthly amount glided 4.26%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Roku Inc [NASDAQ: ROKU] stock has seen the most recent analyst activity on October 10, 2024, when JP Morgan reiterated its Overweight rating and also boosted its price target to $92 from $90. Previously, MoffettNathanson upgraded its rating to Neutral on October 01, 2024, and kept the price target unchanged to $80. On September 12, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $93 on the stock. Wells Fargo upgraded its rating to a Equal Weight and increased its price target to $72 on September 05, 2024. Guggenheim upgraded its rating to a Buy but $75 remained the price target by the analyst firm on August 23, 2024. In a note dated April 29, 2024, Seaport Research Partners upgraded an Buy rating on this stock but restated the target price of $74.
Roku Inc [ROKU] stock has fluctuated between $48.33 and $108.84 over the past year. Currently, Wall Street analysts expect the stock to reach $118.46 within the next 12 months. Roku Inc [NASDAQ: ROKU] shares were valued at $77.51 at the most recent close of the market. An investor can expect a potential return of 52.83% based on the average ROKU price forecast.
Analyzing the ROKU fundamentals
Roku Inc [NASDAQ:ROKU] reported sales of 3.75B for the trailing twelve months, which represents a growth of 14.28%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.07 and Total Capital is -0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.22.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 75.96 points at the first support level, and at 74.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 79.17, and for the 2nd resistance point, it is at 80.84.
Ratios To Look Out For
For context, Roku Inc’s Current Ratio is 2.72. Further, the Quick Ratio stands at 2.63, while the Cash Ratio is 1.71. Considering the valuation of this stock, the price to sales ratio is 2.99, the price to book ratio is 4.69.
Transactions by insiders
Recent insider trading involved Jedda Dan, CFO, that happened on Oct 15 ’24 when 1000.0 shares were sold. Officer, DANIEL JEDDA completed a deal on Oct 15 ’24 to buy 1000.0 shares. Meanwhile, CEO and Chairman BOD Wood Anthony J. sold 25000.0 shares on Oct 10 ’24.
