Analysts Point To UiPath Inc (NYSE: PATH) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Recently, Yahoo Finance discussed the stock, revealing that UiPath to Exhibit AI-powered Automation Solutions for Healthcare Industry at ViVE 2024 Conference.

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Stocks Info

As a NYSE listed company, PATH falls under the Technology sector while operating within the Software – Infrastructure industry segment. At the end of the last regular session, the stock closed at $23.36 and fluctuated between $23.75 as its day high and $23.01 as its day low. The current market capitalization of UiPath Inc is $13.22B. A total of 6.74 million shares were traded on the day, compared to an average of 11.03M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, PATH has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 16 BUYs and 120 SELLs from insiders. Insiders purchased 2,553,969 shares during that period but sold 30,879,994.

In the most recent transaction, Gupta Ashim sold 16,000 shares of PATH for 22.47 per share on Feb 05. After the transaction, the Chief Financial Officer now owns 103,505 company shares. In a previous transaction on Jan 08, Wong Rich sold 200,000 shares at 23.12 per share. PATH shares that Director owns now total 429,418.

Among the insiders who sold shares, Gupta Ashim disposed of 70,000 shares on Jan 08 at a per-share price of $23.02. This resulted in the Chief Financial Officer holding 788,148 shares of PATH after the transaction. In another insider transaction, Gupta Ashim sold 125,000 shares at $22.59 per share on Jan 04. Company shares held by the Chief Financial Officer now total 858,148.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for PATH in the last 3 months, the mean price target is $24.76 with high estimates of $30.00 and low estimates of $17.00. In terms of 52-week highs and lows, PATH has a high of $27.87 and a low of $12.38.

As of this writing, PATH has an earnings estimate of $0.16 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $0.18 per share and a lower estimate of $0.13. The company reported an EPS of $0.09 in the last quarter, which was 200.00% higher than expectations of $0.03.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. PATH’s latest balance sheet shows that the firm has $1.87B in Cash & Short Term Investments as of fiscal 2022. There were $51.40M in debt and $527.50M in liabilities at the time. Its Book Value Per Share was $3.46, while its Total Shareholder’s Equity was $1.92B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PATH is Buy with a score of 3.72.

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