Roku Inc (NASDAQ: ROKU) is 14.72% higher on its value in year-to-date trading and has touched a low of $48.33 and a high of $99.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ROKU stock was last observed hovering at around $82.58 in the last trading session, with the day’s gains setting it 2.7%.
Currently trading at $85.28, the stock is 7.94% and 9.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.32 million and changing 3.27% at the moment leaves the stock 26.01% off its SMA200. ROKU registered -8.57% loss for a year compared to 6-month gain of 48.47%. The firm has a 50-day simple moving average (SMA 50) of $77.455 and a 200-day simple moving average (SMA200) of $67.5493.
The stock witnessed a 10.71% loss in the last 1 month and extending the period to 3 months gives it a 12.14%, and is 1.79% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.26% over the week and 4.48% over the month.
Roku Inc (ROKU) has around 3150 employees, a market worth around $12.38B and $3.90B in sales. Profit margin for the company is -4.42%. Distance from 52-week low is 76.45% and -14.55% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.75%).
with sales reaching $1.15B over the same period.The EPS is expected to grow by 78.88% this year, but quarterly earnings will post 16.34% year-over-year. Quarterly sales are estimated to grow 16.44% in year-over-year returns.
749.0 institutions hold shares in Roku Inc (ROKU), with institutional investors hold 83.80% of the company’s shares. The shares outstanding are 127.89M, and float is at 127.00M with Short Float at 6.44%. Institutions hold 83.29% of the Float.
The top institutional shareholder in the company is FMR LLC with over 14.33 million shares valued at $858.53 million. The investor’s holdings represent 9.9656 of the ROKU Shares outstanding. As of 2024-06-30, the second largest holder is ARK INVESTMENT MANAGEMENT LLC with 12.72 million shares valued at $762.1 million to account for 8.8462 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 12.02 million shares representing 8.3604 and valued at over $720.25 million, while BLACKROCK INC. holds 5.489 of the shares totaling 7.89 million with a market value of $472.88 million.
Roku Inc (ROKU) Insider Activity
The most recent transaction is an insider sale by Jedda Dan, the company’s CFO. SEC filings show that Jedda Dan sold 1,000 shares of the company’s common stock on Jan 15 ’25 at a price of $77.18 per share for a total of $77180.0. Following the sale, the insider now owns 63555.0 shares.
Still, SEC filings show that on Jan 10 ’25, Wood Anthony J. (CEO and Chairman BOD) disposed off 25,000 shares at an average price of $79.77 for $1.99 million. The insider now directly holds 26,538 shares of Roku Inc (ROKU).
