Uber Technologies (UBER) Scheduled to Post Quarterly Earnings on Wednesday

Uber Technologies (NYSE:UBER) will release its earnings data after the market closes on Wednesday, May 8th. Analysts expect Uber Technologies to post earnings of $0.21 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Uber Technologies (NYSE:UBER) last posted its earnings results on Wednesday, February 7th. The ride-sharing company reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.50. Uber Technologies had a net margin of 5.06% and a return on equity of 18.95%. The firm had revenue of $9.94 billion during the quarter, compared to analysts’ expectations of $9.76 billion. During the same quarter in the prior year, the business earned $0.29 earnings per share. The business’s revenue for the quarter was up 15.4% compared to the same quarter last year. On average, analysts expect Uber Technologies to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Uber Technologies Stock Performance

Shares of UBER stock opened at $71.53 on Tuesday. The firm has a market capitalization of $148.88 billion, a price-to-earnings ratio of 83.17, a PEG ratio of 1.09 and a beta of 1.39. The business’s 50-day moving average price is $75.19 and its 200-day moving average price is $65.63. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.79. Uber Technologies has a 12 month low of $37.07 and a 12 month high of $82.14.

Analysts Set New Price Targets

UBER has been the subject of several recent research reports. Argus boosted their price objective on Uber Technologies from $69.00 to $95.00 and gave the company a “buy” rating in a report on Monday, March 4th. TheStreet upgraded Uber Technologies from a “c” rating to a “b-” rating in a research note on Wednesday, February 7th. Moffett Nathanson restated a “buy” rating and issued a $92.00 price objective on shares of Uber Technologies in a research report on Thursday, April 11th. Citigroup upped their target price on Uber Technologies from $83.00 to $91.00 and gave the stock a “buy” rating in a research note on Friday, February 16th. Finally, Mizuho boosted their price objective on Uber Technologies from $77.00 to $83.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. Two analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $81.65.

Insider Transactions at Uber Technologies

In other Uber Technologies news, insider Tony West sold 18,750 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $70.08, for a total value of $1,314,000.00. Following the transaction, the insider now owns 185,566 shares of the company’s stock, valued at $13,004,465.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Uber Technologies news, insider Jill Hazelbaker sold 20,000 shares of the company’s stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $77.83, for a total value of $1,556,600.00. Following the transaction, the insider now directly owns 107,290 shares of the company’s stock, valued at approximately $8,350,380.70. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Tony West sold 18,750 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $70.08, for a total value of $1,314,000.00. Following the sale, the insider now directly owns 185,566 shares of the company’s stock, valued at approximately $13,004,465.28. The disclosure for this sale can be found here. Corporate insiders own 3.84% of the company’s stock.

About Uber Technologies

Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.