Uber Technologies (UBER) Scheduled to Post Earnings on Thursday

Uber Technologies (NYSE:UBER - Get Free Report) will be issuing its quarterly earnings data before the market opens on Thursday, October 31st. Analysts expect the company to announce earnings of $0.39 per share for the quarter. Parties interested in listening to the company's conference call can do so using this link.

Uber Technologies (NYSE:UBER - Get Free Report) last issued its quarterly earnings results on Tuesday, August 6th. The ride-sharing company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.16. Uber Technologies had a return on equity of 17.06% and a net margin of 5.02%. The company had revenue of $10.70 billion for the quarter, compared to analysts' expectations of $10.57 billion. During the same period last year, the firm earned $0.18 EPS. The firm's revenue for the quarter was up 15.9% on a year-over-year basis. 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 Down 0.7 %

Shares of UBER stock opened at $79.83 on Thursday. Uber Technologies has a 1 year low of $40.09 and a 1 year high of $87.00. The stock has a market cap of $167.72 billion, a PE ratio of 87.73, a price-to-earnings-growth ratio of 1.40 and a beta of 1.33. The business's fifty day moving average is $74.87 and its 200-day moving average is $70.76. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.21 and a current ratio of 1.21.

Wall Street Analyst Weigh In

UBER has been the topic of several research analyst reports. Needham & Company LLC reiterated a "buy" rating and set a $90.00 price target on shares of Uber Technologies in a research report on Wednesday, August 7th. Oppenheimer raised their price objective on Uber Technologies from $90.00 to $95.00 and gave the stock an "outperform" rating in a research note on Friday, September 27th. Wolfe Research began coverage on Uber Technologies in a research note on Tuesday, July 16th. They set an "outperform" rating and a $90.00 price objective for the company. Daiwa America lowered Uber Technologies from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 17th. Finally, UBS Group raised their price objective on Uber Technologies from $102.00 to $114.00 and gave the stock a "buy" rating in a research note on Friday, October 18th. Six research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Uber Technologies currently has an average rating of "Moderate Buy" and a consensus price target of $88.86.

Insider Transactions at Uber Technologies

In other news, insider Jill Hazelbaker sold 40,000 shares of Uber Technologies stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.00, for a total value of $2,880,000.00. Following the transaction, the insider now directly owns 127,352 shares in the company, valued at approximately $9,169,344. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.84% of the stock is currently owned by corporate insiders.

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.