Uber Technologies, Inc. (NYSE: UBER) Skyrockets on good news.

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Uber Technologies, Inc. (NYSE: UBER) yesterday announced that they will hold its Q1 conference call regarding financial results on Thursday, May 7, 2020, at 1:30 p.m. Pacific Time.

On this news UBER share price dropped a bit (-1.39%) but it is expected to outperform today as it is up 7.5% in pre-market. This is probably because UBER said that even though COVID-19 is hurting the business, it is “not expected to impact Q1 Adjusted Net Revenue, Adjusted EBITDA, cash and cash equivalents, or short-term investments.”

A live webcast of the conference call and earnings release materials can be found on Uber’s Investor Relations website at investor.uber.com.

We will take a look at EPS for Uber Technologies Inc (UBER) 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 UBER 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 UBER stock as of April 17,2020

  • Price/Earnings trailing 12 months———–
  • Earnings Per Share trailing 12 months—–-8.30
  • Most Recent Earnings————————
  • Next Earnings Date—————————8.30

New Average Analyst Ratings for Uber Technologies Inc (UBER)

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 NYSE:UBER according to Wall Street analysts
Strong Buy
Based on 35 analysts offering recommendations.
27 Strong Buy
4 Moderate Buy
4 Hold
 

How has NYSE:UBER 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 UBER stock:

Previous Close27.41
Volume24,088,699
Avg Vol42,016,859
Stochastic %K79.32%
Weighted Alpha-34.30
5-Day Change+0.09 (+0.33%)
52-Week Range13.71 – 47.08

 
 
 
Looking at the numbers we are proceeding to Analysts target prices for UBER per share

Analyst Target Prices

HIGH TARGET 59.00
 
MEAN TARGET 43.63
 
LOW TARGET 23.50
52 WK HIGH 47.08
 
52 WK LOW 13.71

Latest insight into the UBER 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 UBER share values after most recent trading day on NYSE:

  • Market Capitalization, $K46,593,640
  • Shares Outstanding, K1,723,775
  • Annual Sales, $14,147 M
  • Annual Income, $-8,506,000 K
  • 60-Month BetaN/A
  • Price/Sales3.34
  • Price/Cash FlowN/A
  • Price/Book3.14

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.