Roku (NASDAQ:ROKU – Get Rating) is scheduled to release its earnings data after the market closes on Thursday, April 28th. Analysts expect Roku to post earnings of ($0.17) per share for the quarter. Roku has set its Q1 2022 guidance at EPS and its FY 2022 guidance at EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.
Roku (NASDAQ:ROKU – Get Rating) last posted its quarterly earnings data on Thursday, February 17th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.11. The firm had revenue of $865.33 million during the quarter, compared to analysts’ expectations of $893.67 million. Roku had a return on equity of 9.28% and a net margin of 8.77%. During the same quarter last year, the business posted $0.49 EPS. On average, analysts expect Roku to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Roku stock opened at $109.57 on Thursday. The stock has a market cap of $14.83 billion, a PE ratio of 64.08 and a beta of 1.85. The stock has a 50-day moving average price of $124.51 and a 200 day moving average price of $198.32. Roku has a 52 week low of $97.91 and a 52 week high of $490.76. The company has a current ratio of 4.19, a quick ratio of 4.12 and a debt-to-equity ratio of 0.03.
Several institutional investors and hedge funds have recently made changes to their positions in the business. Paradigm Financial Partners LLC acquired a new position in shares of Roku in the 4th quarter valued at approximately $264,000. KB Financial Partners LLC bought a new stake in shares of Roku in the 4th quarter valued at approximately $34,000. EP Wealth Advisors LLC increased its holdings in shares of Roku by 8.6% in the 4th quarter. EP Wealth Advisors LLC now owns 2,546 shares of the company’s stock valued at $581,000 after acquiring an additional 201 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Roku by 19.6% in the 4th quarter. NewEdge Advisors LLC now owns 9,382 shares of the company’s stock valued at $2,141,000 after acquiring an additional 1,538 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its holdings in shares of Roku by 63.5% in the 4th quarter. Kingsview Wealth Management LLC now owns 4,451 shares of the company’s stock valued at $1,016,000 after acquiring an additional 1,728 shares during the last quarter. 63.83% of the stock is currently owned by institutional investors.
A number of analysts recently commented on the company. Citigroup dropped their price objective on Roku from $250.00 to $225.00 and set a “buy” rating for the company in a research report on Friday, March 25th. Deutsche Bank Aktiengesellschaft dropped their price objective on Roku from $300.00 to $210.00 and set a “buy” rating for the company in a research report on Friday, February 18th. Wells Fargo & Company dropped their price objective on Roku from $305.00 to $125.00 and set an “equal weight” rating for the company in a research report on Friday, February 18th. Wedbush dropped their price objective on Roku from $365.00 to $220.00 and set an “outperform” rating for the company in a research report on Monday, February 14th. Finally, Truist Financial lowered their price target on Roku from $165.00 to $150.00 in a report on Wednesday, April 13th. Five research analysts have rated the stock with a sell rating, one has given a hold rating and twenty-one have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $265.88.
Roku Company Profile (Get Rating)
Roku, Inc, together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live TV, news sports, shows, and others. As of December 31, 2021, the company had 60.1 million active accounts.
- Get a free copy of the StockNews.com research report on Roku (ROKU)
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