At the time of writing, Maplebear Inc [CART] stock is trading at $43.81, up 3.82%. An important factor to consider is whether the stock is rising or falling in short-term value. The CART shares have gain 2.08% over the last week, with a monthly amount glided 1.11%, 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.
For the past year, the stock price of Maplebear Inc fluctuated between $22.13 and $50.01. Currently, Wall Street analysts expect the stock to reach $49.67 within the next 12 months. Maplebear Inc [NASDAQ: CART] shares were valued at $43.81 at the most recent close of the market. An investor can expect a potential return of 13.38% based on the average CART price forecast.
Analyzing the CART fundamentals
According to Maplebear Inc [NASDAQ:CART], the company’s sales were 3.30B for trailing twelve months, which represents an 11.52% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
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 42.75 points at the first support level, and at 41.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.37, and for the 2nd resistance point, it is at 44.92.
Ratios To Look Out For
It is important to note that Maplebear Inc [NASDAQ:CART] has a current ratio of 3.06. On the other hand, the Quick Ratio is 3.06, and the Cash Ratio is 1.57. Considering the valuation of this stock, the price to sales ratio is 3.54, the price to book ratio is 3.92 and price to earnings (TTM) ratio is 27.59.
Transactions by insiders
Recent insider trading involved Ramsay Alan, CHIEF ACCOUNTING OFFICER, that happened on Dec 20 ’24 when 2247.0 shares were sold. PRESIDENT AND CEO, Simo Fidji completed a deal on Dec 18 ’24 to sell 20750.0 shares. Meanwhile, Officer Ramsay Alan bought 2247.0 shares on Dec 20 ’24.
