Blue Apron Holdings Inc. (NYSE:APRN) finished Wednesday with an addition of $0.7 to close at $9.14, an upside of 8.29 percent. An average of 2,155,600 shares of common stock have been traded in the last five days. There was a gain of $0.84 in the past week. The last 20 days have seen an average of 2,502,755 shares traded, while the 50-day average volume stands at 1,887,866.
APRN stock has increased by 135.57% in the last month. The company shares reached their 1-month lowest point of $3.52 on 09/15/21. With the stock rallying to its 52-week high on 01/27/21, shares of the company touched a low of $3.52 and a high of $12.35 in 52 weeks. In spite of this, the price is down -25.99% from the 52-week high.
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49 days have passed since Blue Apron Holdings Inc. (APRN) last reported insider trading activity. Kozlowski Linda F, who is President and CEO, most recently acquired $6,251 shares at $4.10 per share on Aug 26. In this transaction, the insider spent $25,627. Chief Technology Officer, Krechmer Irina, disposed of 2,625 shares at a price of $4.10 on Aug 26. The insider now owns more than $10,762 worth of shares. Prior to that, General Counsel & Corp. Sec’y Deutsch Meredith L went on to Sale 1,865 shares at $4.10 each on Aug 26. An amount of $7,646 was transacted.
Blue Apron Holdings Inc. (APRN) has a trailing price-to-earnings (P/E) ratio of 21.00 for the broader industry and 31.09 for the sector. The stock’s beta is -3.72. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.52, the price-to-book (PB) ratio at 4.59.
The quick ratio of Blue Apron Holdings Inc. for the three months ended June 29 was 0.90, and the current ratio was 1.20, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.48 and a total debt to equity ratio of 0.54 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 36.90% against a 5-year average of 34.8%. Blue Apron Holdings Inc.’s EBITDA margin for the year ending June 29 is -2.05%, while its operating margin for the same period stands at -11.10%. Its gross profit as reported stood at $177.68 million compared to revenue of $460.61 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Blue Apron Holdings Inc.’s return on assets was -28.60%, compared to -29.0% over the last five years. For the broader industry, ROE averaged 10.33 over the past year.
The analyst consensus anticipated Blue Apron Holdings Inc.’s latest quarter earnings to come in at -$0.89 per share, but it turned out to be -$0.77, a 13.50% surprise. For the quarter, EBITDA amounted to -$6.69 million. Shareholders own equity worth $23.6 million.
From a technical analysis perspective, let’s take a brief look at Blue Apron Holdings Inc. (APRN) price momentum. RSI 9-day as of the close on 13 October was 71.32%, suggesting the stock is Overbought, with historical volatility in this time frame at 233.63%.
As of today, APRN’s price is $8.07 +10.12% or $0.84 from its 5-day moving average. APRN is currently trading +62.92% higher than its 20-day SMA and +88.45% higher than its 100-day SMA. However, the stock’s current price level is +110.11% above the SMA50 and +54.13% above the SMA200.
The stochastic %K and %D were 86.27% and 76.99%, respectively, and the average true range (ATR) was 0.98. With the 14-day stochastic at 94.26% and the average true range at 0.85, the RSI (14) stands at 70.36%. The stock has reached 0.45 on the 9-day MACD Oscillator while the 14-day reading was at 1.04.
Canaccord Genuity upgraded Blue Apron Holdings Inc. (NYSE: APRN) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a a Hold.The consensus rating for Blue Apron Holdings Inc. (APRN) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell APRN, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is APRN’s price target for the next 12 months?
Analysts predict a range of price targets between $12.00 and $12.00, with a median target of $12.00. Taking a look at these predictions, the average price target given by analysts for Blue Apron Holdings Inc. (APRN) stock is $12.00.