Uber Technologies (UBER) Projected to Post Earnings on Wednesday

Uber Technologies (NYSE:UBER - Get Free Report) is expected 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. Persons that are interested in participating in the company's earnings conference call can do so using this link.

Uber Technologies (NYSE:UBER - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The ride-sharing company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.79. Uber Technologies had a return on equity of 33.46% and a net margin of 10.49%. The company had revenue of $11.19 billion during the quarter, compared to analysts' expectations of $10.99 billion. During the same period last year, the business earned $0.10 earnings per share. Uber Technologies's quarterly revenue was up 20.4% on a year-over-year basis. On average, analysts expect Uber Technologies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Uber Technologies Trading Up 0.4 %

Uber Technologies stock opened at $66.86 on Monday. The firm has a market cap of $140.79 billion, a PE ratio of 33.26, a P/E/G ratio of 0.77 and a beta of 1.36. Uber Technologies has a 12 month low of $54.84 and a 12 month high of $87.00. The stock's 50 day simple moving average is $65.61 and its two-hundred day simple moving average is $70.08. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.70.

Insider Buying and Selling at Uber Technologies

In related news, insider Jill Hazelbaker sold 27,780 shares of Uber Technologies stock in a transaction on Monday, November 25th. The stock was sold at an average price of $72.90, for a total value of $2,025,162.00. Following the completion of the transaction, the insider now directly owns 107,289 shares in the company, valued at approximately $7,821,368.10. This trade represents a 20.57 % 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.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. KeyCorp cut their price objective on shares of Uber Technologies from $90.00 to $85.00 and set an "overweight" rating for the company in a report on Friday, November 1st. Royal Bank of Canada upped their price target on Uber Technologies from $80.00 to $82.00 and gave the stock an "outperform" rating in a report on Friday, November 1st. JMP Securities reissued a "market perform" rating on shares of Uber Technologies in a report on Friday. Piper Sandler reduced their target price on Uber Technologies from $98.00 to $82.00 and set an "overweight" rating for the company in a research note on Tuesday, January 28th. Finally, DA Davidson boosted their price target on shares of Uber Technologies from $82.00 to $84.00 and gave the stock a "buy" rating in a report on Wednesday, November 6th. Seven research analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $91.08.

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.

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