Is Udemy Inc (NASDAQ: UDMY) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

UDMY belongs to the Consumer Defensive sector of the NASDAQ while operating in the Education & Training Services industry. The current market capitalization of Udemy Inc is $1.59B. A total of 0.86 million shares were traded on the day, compared to an average of 910.96K shares.

In the most recent transaction, Bali Eren sold 15,000 shares of UDMY for 10.96 per share on Apr 01 ’24. After the transaction, the Director now owns 1,661,050 company shares. In a previous transaction on Mar 15 ’24, Bali Eren sold 15,000 shares at 10.97 per share. UDMY shares that Director owns now total 1,676,050.

Among the insiders who sold shares, Brown Gregory Scott disposed of 10,000 shares on Mar 06 ’24 at a per-share price of $11.04. This resulted in the President and CEO holding 1,163,328 shares of UDMY after the transaction. In another insider transaction, Venugopal Venu sold 6,981 shares at $10.82 per share on Feb 20 ’24. Company shares held by the Chief Technology Officer now total 334,319.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, UDMY has a high of $16.01 and a low of $8.17.

As of this writing, UDMY has an earnings estimate of -$0.01 per share for the current quarter. EPS was calculated based on a consensus of 10.0 estimates, with a high estimate of $0.01 per share and a lower estimate of -$0.04. The company reported an EPS of -$0.06 in the last quarter

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. UDMY’s latest balance sheet shows that the firm has $534.61M in Cash & Short Term Investments as of fiscal 2021. There were $0.00 in debt and $341.34M in liabilities at the time. Its Book Value Per Share was $2.27, while its Total Shareholder’s Equity was $389.70M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after 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 UDMY is Buy with a score of 4.25.

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