As of Wednesday close, UiPath Inc.’s (NYSE:PATH) stock was down -$0.26, moving down -1.52 percent to $16.80. The average number of shares traded per day over the past five days has been 7,353,380 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.36 fall in that time frame. In the last twenty days, the average volume was 9,013,970, while in the previous 50 days, it was 7,663,662.
Since last month, PATH stock rose 11.26%. Shares of the company fell to $14.59 on 08/25/23, the lowest level in the past month. A 52-week high of $19.94 was reached on 06/07/23 after having rallying from a 52-week low of $10.40. Since the beginning of this year, PATH’s stock price has risen by 32.18% or $4.09, and marked a new high 13 times. However, the stock has declined by -15.75% since its 52-week high.
PATH stock investors should be aware that UiPath Inc. (PATH) stock had its last reported insider trading activity 6 days ago on Sep 15. Gupta Ashim, the Chief Financial Officer of the company, disposed of 40,000 shares for $17.38 on Sep 15. It resulted in a $695,272 divestment by the insider. Gupta Ashim sold 12,000 shares at an average price of $17.38 on Sep 15. The insider now owns 171,505 shares following the transaction. On Aug 15, Chief Financial Officer Gupta Ashim sold 40,000 shares at $15.52 apiece. The transaction was valued at $620,932.
Valuation Metrics
The stock’s beta is 0.66. Besides these, the trailing price-to-sales (P/S) ratio of 8.38, the price-to-book (PB) ratio of 4.77, and the price-to-cash flow ratio of 57.32 may also be considered.
Financial Health
In the three months ended July 30, UiPath Inc.’s quick ratio stood at 4.40, while its current ratio was 4.40, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 84.10% percent. In the year ended July 30, EBITDA margin amounted to -27.81%, whereas operating margins totaled -20.60%. Based on annual data, PATH earned $878.53 million in gross profit and brought in $1.06 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -18.70%. Return on equity (ROE) for the past 12 months was -9.20%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. PATH’s revenue rose 15.4% to $289.59 million during the quarter, while net income inched up to $286.32 million. While analysts expected UiPath Inc. to report $0.03 quarterly earnings, the actual figure was $0.09 per share. During the quarter, the company generated -$58.3 million in EBITDA. The liabilities of UiPath Inc. were 686.77 million at the end of its most recent quarter ended July 30, and its total debt was $63.04 million. The value of shareholders’ equity is $566.74 million.
Technical Picture
This quick technical analysis looks at UiPath Inc.’s (PATH) price momentum. With a historical volatility rate of 33.28%, the RSI 9-day stood at 45.25% on 20 September.
With respect to its five-day moving average, the current UiPath Inc. price is down by -7.49% percent or -$1.36. At present, PATH shares trade +9.88% above its 20-day simple moving average and +18.06% percent above its 100-day simple moving average. However, the stock is currently trading approximately -5.03% below its SMA50 and +30.03% above its SMA200.
Stochastic coefficient K was 42.56% and Stochastic coefficient D was 51.47%, while ATR was 0.77. Given the Stochastic reading of 30.67% for the 14-day period, the RSI (14) reading has been calculated as 49.46%. As of today, the MACD Oscillator reading stands at -0.81, while the 14-day reading stands at -0.28.
Analyst Ratings
UiPath Inc. downgraded its rating on UiPath Inc. (NYSE: PATH) to an Equal weight in a note to investors on June 09, 2023. The analysts firm previously had an Overweight rating on the stock.UiPath Inc. (PATH) has been rated Overweight by analysts. According to 0 brokerage firms, PATH is a sell, and 12 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate UiPath Inc. stock as buy, with 8 recommending it as overweight.
With a median target price of $19.00, the current consensus forecast for the stock is $16.00 – $25.00. Based on these forecasts, analysts predict UiPath Inc. (PATH) will achieve an average price target of $19.69.
