With 6.57 million shares changed hands, the volume of the stock remained lighter than its average volume of 8.3 million shares. The 52-week range on RBLX shows that it touched its highest point at $47.65 and its lowest point at $24.88 during that stretch. It currently has a 1-year price target of $49.46. Beta for the stock currently stands at 1.66.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RBLX was down-trending over the past week, with a drop of -3.95%, but this was up by 0.84% over a month. Three-month performance surged to 0.89% while six-month performance rose 40.19%. The stock gained 1.10% in the past year, while it has lost -13.25% so far this year. A look at the trailing 12-month EPS for RBLX yields -1.87 with Next year EPS estimates of -1.95. For the next quarter, that number is -0.53. This implies an EPS growth rate of -11.23% for this year and 6.03% for next year. EPS is expected to grow by 10.19% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -63.26%.
Float and Shares Shorts:
At present, 581.13 million RBLX shares are outstanding with a float of 478.00 million shares on hand for trading. On Feb 15, 2024, short shares totaled 18.13 million, which was 2.87% higher than short shares on Jan 12, 2024. In addition to RBLX as the firm’s Roblox Corporation, RLX serves as its RLX Technology Inc.
Institutional Ownership:
Through their ownership of 73.19% of RBLX’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RBLX since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Summary of Insider Activity:
Insiders traded RBLX stock several times over the past three months with 2 Buys and 2 Sells. In these transactions, 133,214 shares were bought while 114,230 shares were sold. The number of buy transactions has increased to 50 while that of sell transactions has risen to 108 over the past year. The total number of shares bought during that period was 8,202,863 while 15,790,723 shares were sold.
