A better buy-in window may exist right now for Roblox Corporation (RBLX)

With 6.39 million shares changed hands, the volume of the stock remained lighter than its average volume of 7.93 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 $49.50. Beta for the stock currently stands at 1.63.

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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 up-trending over the past week, with a rise of 1.56%, but this was down by -5.16% over a month. Three-month performance dropped to -18.50% while six-month performance rose 35.97%. The stock lost -12.02% in the past year, while it has lost -17.24% so far this year. A look at the trailing 12-month EPS for RBLX yields -1.87 with Next year EPS estimates of -1.96. For the next quarter, that number is -0.53. This implies an EPS growth rate of -11.64% for this year and 6.23% 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 489.06 million shares on hand for trading. On Mar 15, 2024, short shares totaled 17.18 million, which was 2.72% higher than short shares on Feb 15, 2024. In addition to RBLX as the firm’s Roblox Corporation, RNLX serves as its Renalytix plc.

Institutional Ownership:

Through their ownership of 73.18% 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.