Buying UiPath Inc. (PATH) Stock Is A Smart Move Today?


UiPath Inc. (NYSE:PATH) finished Thursday with a subtraction of -$0.63 to close at $13.04, a downside of -4.61 percent. An average of 8,489,200 shares of common stock have been traded in the last five days. There was a fall of -$2.13 in the past week, and it reached a new high 6 times over the past 12 months. The last 20 days have seen an average of 9,671,380 shares traded, while the 50-day average volume stands at 6,366,914.

PATH stock has decreased by -22.70% in the last month. The company shares reached their 1-month lowest point of $12.21 on 09/07/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $12.21 and a high of $59.57 in 52 weeks. It has reached a new high 1 time so far this year and lost -69.77% or -$30.09 in price. In spite of this, the price is down -78.11% from the 52-week high.

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now.


Insider Transactions

11 days have passed since UiPath Inc. (PATH) last reported insider trading activity. Gupta Ashim, who is Chief Financial Officer, most recently acquired $10,000 shares at $15.00 per share on Sep 12. In this transaction, the insider spent $150,027. Chief Financial Officer, Gupta Ashim, disposed of 30,000 shares at a price of $15.02 on Sep 12. The insider now owns more than $450,600 worth of shares. Prior to that, Chief Financial Officer Gupta Ashim went on to Sale 10,000 shares at $13.74 each on Sep 08. An amount of $137,432 was transacted.

Valuation Metrics

UiPath Inc. (PATH) has a trailing price-to-sales (P/S) ratio at 7.77, the price-to-book (PB) ratio at 3.85.

Financial Health

The quick ratio of UiPath Inc. for the three months ended July 30 was 4.60, and the current ratio was 4.60, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending July 30. Its gross profit as reported stood at $723.38 million compared to revenue of $892.25 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, UiPath Inc.’s return on assets was -17.30%.

Earnings Surprise

For the three-month period that ended July 30, UiPath Inc. had $114.19 million in cash. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$120.38 million in the quarter, while revenues of -$122.56 million were grew 16.9%. The analyst consensus anticipated UiPath Inc.’s latest quarter earnings to come in at -$0.11 per share, but it turned out to be -$0.02, a 81.80% surprise. For the quarter, EBITDA amounted to -$102.9 million. Shareholders own equity worth $549.61 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at UiPath Inc. (PATH) price momentum. RSI 9-day as of the close on 22 September was 28.57%, suggesting the stock is oversold, with historical volatility in this time frame at 74.12%.

As of today, PATH’s price is $13.71 -14.04% or -$2.13 from its 5-day moving average. PATH is currently trading -24.36% lower than its 20-day SMA and -26.86% lower than its 100-day SMA. However, the stock’s current price level is -31.37% below the SMA50 and -71.12% below the SMA200.

The stochastic %K and %D were 26.74% and 31.56%, respectively, and the average true range (ATR) was 0.98. With the 14-day stochastic at 17.62% and the average true range at 1.04, the RSI (14) stands at 32.13%. The stock has reached -0.71 on the 9-day MACD Oscillator while the 14-day reading was at -0.93.

Analyst Ratings

Morgan Stanley downgraded UiPath Inc. (NYSE: PATH) to a an Equal-weight rating in its most recent analyst report. Previously, the stock was rated as an Overweight.

What is PATH’s price target for the next 12 months?

Analysts predict a range of price targets between $12.00 and $37.50, with a median target of $18.25. Taking a look at these predictions, the average price target given by analysts for UiPath Inc. (PATH) stock is $18.95.


Please enter your comment!
Please enter your name here