Oppenheimer initiated the stock with “Hold” rating in Monday, October 23 report.
The stock’s increase on Monday is likely a reaction to a price target increase from an analyst at Needham; Laura Martin almost doubled her price target for the stock, raising it from $28 to $50. The firm has “Underperform” rating by Oppenheimer given on Tuesday, November 14. Royal Bank Of Canada started coverage on Roku in a research note on Monday, October 23rd. They set a “sector perform” rating and a $26.00 target price for the company. The stock of Roku Inc (NASDAQ:ROKU) has “Buy” rating given on Monday, November 27 by Needham. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock.
The stock neared its all-time high on Monday after Needham analyst Laura Martin nearly doubled her price target.
The stock increased 17.86% or $7.05 during the last trading session, reaching $46.52. The company has a current ratio of 1.36, a quick ratio of 1.11 and a debt-to-equity ratio of -0.09.
With a total market value of $0, Roku has with a 52 week low of $15.75 and a 52 week high of $29.80. (NASDAQ:AMZN) and Alphabet Inc (NASDAQ:GOOG,GOOGL), to create original content only benefits Roku Inc. The company has market cap of $86.79 million.
Analysts expect Roku Inc (NASDAQ:ROKU) to report $-0.12 EPS on February, 14.After having $-0.10 EPS previously, Roku Inc’s analysts see 20.00 % EPS growth.
In related news, major shareholder Mv Management X, L.L.C. sold 6,900,000 shares of the stock in a transaction that occurred on Monday, October 2nd. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
A number of institutional investors have recently bought and sold shares of ROKU. Gilder Gagnon Howe & Co. Dragoneer Investment Group LLC bought a new stake in shares of Roku during the third quarter valued at about $9,554,000. About 10.18 million shares traded or 5.06% up from the average. Finally, FNY Managed Accounts LLC purchased a new stake in Roku in the 3rd quarter worth about $599,000.
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More notable recent Roku Inc (NASDAQ:ROKU) news were published by: Investorplace.com which released: “Roku Inc Is a Coiled Spring with BIG Profit Potential” on November 21, 2017, also Fool.com with their article: “Why Roku, Inc”. For example, the firm notes that the company benefits from various streaming services.