Media headlines about Uber Technologies (NYSE:UBER) have trended neutral this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Uber Technologies earned a daily sentiment score of 0.15 on their scale. InfoTrie also assigned media headlines about the ride-sharing company an news buzz score of 0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Uber Technologies’ score:
- Deadline on Dec. 3rd Coming Up in the Lawsuit for Investors in Uber Technologies, Inc (NYSE: UBER) (sbwire.com)
- Uber’s former CEO Travis Kalanick cashes in another $93 million in stock as he separates himself further from the rideshare giant (businessinsider.com)
- Stocks to Watch: Uber, Schwab, Tiffany, Walt Disney, Novartis (wsj.com)
- UBER Stock Could Keep Sliding (finance.yahoo.com)
- Junk Bonds Are a Haven in a Twitter Storm (finance.yahoo.com)
Shares of Uber Technologies stock traded down $0.02 on Tuesday, reaching $28.97. 19,855,716 shares of the company traded hands, compared to its average volume of 41,751,624. The company has a 50 day moving average of $29.92 and a 200 day moving average of $36.40. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 0.46. Uber Technologies has a 52 week low of $25.58 and a 52 week high of $47.08.
Uber Technologies (NYSE:UBER) last issued its earnings results on Monday, November 4th. The ride-sharing company reported ($0.68) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.83) by $0.15. The firm had revenue of $3.81 billion for the quarter, compared to analyst estimates of $3.68 billion. Uber Technologies had a negative return on equity of 209.48% and a negative net margin of 63.57%. The firm’s revenue was up 29.5% on a year-over-year basis. As a group, equities analysts predict that Uber Technologies will post -6.84 EPS for the current year.
Several research firms recently weighed in on UBER. MKM Partners raised their price objective on Uber Technologies to $34.00 in a research note on Tuesday, November 5th. Needham & Company LLC reissued a “buy” rating and set a $50.00 target price on shares of Uber Technologies in a research note on Tuesday, October 22nd. Piper Jaffray Companies began coverage on shares of Uber Technologies in a research note on Tuesday. They issued a “neutral” rating and a $26.00 price target for the company. Royal Bank of Canada upped their price objective on shares of Uber Technologies from $62.00 to $64.00 and gave the company an “outperform” rating in a report on Tuesday, November 5th. Finally, Oppenheimer set a $55.00 target price on Uber Technologies and gave the company a “buy” rating in a research note on Friday, August 9th. Eleven equities research analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $48.92.
In related news, Director Garrett Camp sold 170,000 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $29.40, for a total transaction of $4,998,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Travis Cordell Kalanick sold 20,264,846 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $27.01, for a total value of $547,353,490.46. Following the completion of the transaction, the director now owns 46,154 shares in the company, valued at $1,246,619.54. The disclosure for this sale can be found here. Insiders have sold a total of 45,419,876 shares of company stock worth $1,251,050,529 in the last three months.
Uber Technologies Company Profile
Uber Technologies, Inc develops and supports proprietary technology applications that enable independent providers of ridesharing, and meal preparation and delivery services to transact with end-users worldwide. The company operates in two segments, Core Platform and Other Bets. Its driver partners provide ridesharing services through a range of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis, as well as based on the number of riders under the UberBLACK, UberX, UberPOOL, Express POOL, and Uber Bus names; and restaurant and delivery partners provide meal preparation and delivery services under the Uber Eats name.
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