The stock of UiPath Inc. (NYSE:PATH) increased by $0.05 on Monday to finish at $15.08, up 0.33 percent. The last five days have seen an average of 4,942,620 shares of common stock traded. 13 times new highs were reached in the current year, with a gain of $2.37. The average number of shares traded over the last 20 days was 5,916,945, while the average volume over the last 50 days totaled 7,373,268.
PATH stock dropped -13.48% since last month. On 08/18/23, the company’s shares reached a one-month low of $14.12. The stock touched a high of $19.94 on 06/07/23, after rallying from a low of $10.40 in 52 weeks. The price of PATH stock has risen by 18.65% or $2.37 this year, reaching a new high 13 times. Still, the stock price is down -24.37% from the 52-week high.
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Insider Transactions
PATH stock investors should be aware that UiPath Inc. (PATH) stock had its last reported insider trading activity 14 days ago on Aug 15. On Aug 15, Chief Financial Officer Gupta Ashim sold 40,000 shares at $15.52 each. This transaction resulted in the insider making $620,932. On Aug 15, Gupta Ashim sold 12,000 shares at a price of US$15.52. After the transaction, the insider now owns 183,505 shares. Chief Financial Officer Gupta Ashim had earlier sold 40,000 shares on Jul 17 for $18.44 a share. The transaction was completed for $737,736.
Valuation Metrics
Beta for the stock is 0.73. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 7.47, the price-to-book (PB) ratio of 4.30, and the price-to-cash flow ratio of 87.50.
Financial Health
For the three months ended April 29, UiPath Inc.’s quick ratio was 4.50, while its current ratio was 4.50, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 83.90% percent. UiPath Inc.’s EBITDA margin for the year ended April 29 was -27.81%, whereas its operating margin stood at -25.30% for the same period. Based on annual data, it had gross profit of $878.53 million and revenue of $1.06 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. PATH’s return on assets (ROA) during the last 12 months has been -9.20%. There was a -18.70% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -12.50%.
Earnings Surprise
According to UiPath Inc.’s quarterly financial report for the quarter that ended April 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $289.59 million, while revenues rose by 15.37% to $142.22 million. It was predicted that UiPath Inc.’s quarterly earnings would be $0.11, but it ended up being $0.02. EBITDA was -$27.75 million for the quarter. At the end of UiPath Inc.’s most recent quarter ended April 29, its liabilities totaled 687.15 million, while its total debt was $63.82 million. Equity owned by shareholders amounts to $561.16 million.
Technical Picture
Here’s a quick look at UiPath Inc.’s (PATH) price momentum from a technical perspective. As of 28 August, the RSI 9-day stood at 42.86%, suggesting the stock is Neutral, with a 42.57% historical volatility rate.
The stochastic %K and %D were 42.89% and 42.09% respectively, while the average true range (ATR) was 0.65. Based on the 14-day stochastic reading of 53.93%, the RSI (14) reading is 42.23%. On the 9-day MACD Oscillator, the stock is at -0.11, and the 14-day reading is at -0.24.
Analyst Ratings
UiPath Inc. (NYSE: PATH) was downgraded by Wells Fargo to a an Equal weight rating in its latest research report. The stock was previously rated as a an Overweight. Analysts have assigned UiPath Inc. (PATH) an Overweight rating. PATH is a stock that is recommended for selling by 0 brokerage firms, while 12 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 7 others recommend it as a buy.
What is PATH’s price target for the next 12 months?
The current consensus forecast for the stock is between $16.00 and $25.00, with a median target price of $18.50. In analyzing these forecasts, the average price target given by analysts for UiPath Inc. (PATH) is $19.06.
