A share price of Maplebear Inc [CART] is currently trading at $45.59, up 4.32%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CART shares have gain 4.71% over the last week, with a monthly amount glided 2.13%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Maplebear Inc [NASDAQ: CART] stock has seen the most recent analyst activity on December 03, 2024, when Deutsche Bank initiated its Hold rating and assigned the stock a price target of $37. Previously, Jefferies started tracking the stock with Hold rating on October 16, 2024, and set its price target to $43. On September 24, 2024, Raymond James initiated with a Mkt Perform rating. Cantor Fitzgerald started tracking the stock assigning a Overweight rating and suggested a price target of $45 on September 05, 2024. Wolfe Research initiated its recommendation with a Peer Perform. In a note dated June 05, 2024, Gordon Haskett upgraded an Buy rating on this stock and boosted its target price from $37 to $45.
Maplebear Inc experienced fluctuations in its stock price throughout the past year between $22.13 and $50.01. Currently, Wall Street analysts expect the stock to reach $48.75 within the next 12 months. Maplebear Inc [NASDAQ: CART] shares were valued at $45.59 at the most recent close of the market. An investor can expect a potential return of 6.93% based on the average CART price forecast.
Analyzing the CART fundamentals
Trailing Twelve Months sales for Maplebear Inc [NASDAQ:CART] were 3.30B which represents 11.52% growth. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.13 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 44.21 points at the first support level, and at 42.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.42, and for the 2nd resistance point, it is at 47.24.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Maplebear Inc [NASDAQ:CART] is 3.06. As well, the Quick Ratio is 3.06, while the Cash Ratio is 1.57. Considering the valuation of this stock, the price to sales ratio is 3.55, the price to book ratio is 4.08 and price to earnings (TTM) ratio is 28.71.
Transactions by insiders
Recent insider trading involved Simo Fidji, PRESIDENT AND CEO, that happened on Nov 25 ’24 when 20750.0 shares were sold. Officer, Simo Fidji completed a deal on Nov 25 ’24 to buy 20750.0 shares. Meanwhile, CHIEF ACCOUNTING OFFICER Ramsay Alan sold 2247.0 shares on Nov 20 ’24.
