Uber Technologies (UBER) Expected to Announce Quarterly Earnings on Wednesday

Uber Technologies (NYSE:UBER) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.50 per share and revenue of $11.78 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Uber Technologies Stock Up 0.7 %

Shares of UBER opened at $67.33 on Tuesday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.41 and a current ratio of 1.41. Uber Technologies has a one year low of $54.84 and a one year high of $87.00. The stock has a market capitalization of $141.78 billion, a price-to-earnings ratio of 33.50, a PEG ratio of 0.77 and a beta of 1.39. The stock has a 50 day moving average price of $65.61 and a 200 day moving average price of $70.09.

Insider Transactions at Uber Technologies

In other news, insider Jill Hazelbaker sold 27,780 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $72.90, for a total transaction of $2,025,162.00. Following the transaction, the insider now directly owns 107,289 shares of the company’s stock, valued at approximately $7,821,368.10. This trade represents a 20.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.80% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Bank of America upped their target price on Uber Technologies from $88.00 to $96.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Piper Sandler decreased their target price on Uber Technologies from $98.00 to $82.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 28th. Gordon Haskett raised Uber Technologies from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a research note on Thursday, October 31st. Cantor Fitzgerald increased their price target on Uber Technologies from $75.00 to $80.00 and gave the company an “overweight” rating in a research report on Tuesday, January 28th. Finally, KeyCorp dropped their price objective on Uber Technologies from $90.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday, November 1st. Seven investment analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $90.89.

Uber Technologies Company Profile

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.