ROKU enters Equity Distribution Agreement with Morgan Stanley & Co.

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On May 13, 2020, Roku, Inc. (NASDAQ:ROKU) entered into an Equity Distribution Agreement  with Morgan Stanley & Co. LLC and Citigroup Global Markets Inc., as sales agents, pursuant to which ROKU may offer and sell from time to time through the Sales Agents up to an aggregate of 4,000,000 shares  of ROKU Class A common stock, par value $0.0001 per share

We will take a look at EPS for Roku Inc (NASDAQ:ROKU) which is earnings per share (EPS) trailing twelwe months. This is monetary value of earnings per outstanding share of common stock for a company, in this case ROKU share

In the United States, the Financial Accounting Standards Board requires EPS information for the four major categories of the income statement: continuing operations, discontinued operations,net income and extraordinary items.

Here is the latest data for ROKU stock as of May 13,2020

  • Price/Earnings trailing 12 months———–
  • Earnings Per Share trailing 12 months—--0.88
  • Most Recent Earnings————————-0.45 on 05/07/20
  • Next Earnings Date————————–not sure

New Average Analyst Ratings for Roku Inc (ROKU)

A price target is the envisioned future price point of an asset (usually stock) as explained by an investment analyst or a Wall street advisor. The price target is based on many assumptions such as tech levels, cash flow, recent news and supply and demand.  Price targets  change often when the market is volatile and during crisis, that is why you need to stay in the loop and any new information. 

Current Rating for NASDAQ:ROKU according to analysts
Moderate Buy
Based on 15 analysts offering recommendations.
8 Strong Buy
2 Moderate Buy
4 Hold
1 Strong Sell
 

How has NASDAQ:ROKU stock performed recently?

A stock’s performance is more than just a set of random numbers. We need to place those numbers in context to understand it properly. On the surface, it feels awesome to see that a stock you invested in has returned 30% Year to date when viewing the starting price versus the ending price, but you need to look a little deeper. Was the stock abnormally low on the first trading day? If so, it could throw the numbers off.

Here are the latest numbers for Roku Inc (ROKU)

Previous Close132.18
Volume11,524,199
Avg Vol15,257,485
Stochastic %K63.09%
Weighted Alpha+15.10
5-Day Change+3.67 (+2.97%)
52-Week Range58.22 – 176.55
 
Looking at the numbers we are proceeding to Analysts target prices for ROKU per share
 

Analyst Target Prices

HIGH TARGET 190.00
 
MEAN TARGET 134.56
 
LOW TARGET 60.00
52 WK HIGH 176.55
 
52 WK LOW 58.22

Latest insight into the Roku Inc (ROKU) stock fundamentals

The price-to-sales (P/S) ratio is best calculated by taking a company’s market capitalization  and simply divide it by the company’s total revenue over the trailing 12 months. This number shows how much the market values every dollar of the company’s sales. This ratio can be effective in valuing growth stocks that have yet to turn a profit or have suffered a temporary setback.

So, lets take a look at  the latest ROKU share values after most recent trading day on NASDAQ:

  • Market Capitalization, $K15,256,274
  • Shares Outstanding, K119,977
  • Annual Sales, $1,129 M
  • Annual Income, $-59,940 K
  • 60-Month Beta1.96
  • Price/Sales14.05
  • Price/Cash FlowN/A
  • Price/Book22.69

The Price/Cash flow numbers that you can see in the table above(P/S) are a strong stock valuation indicator or multiple that measures the value of a stock’s price relative to its operating cash flow per share.