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2 Comments
Roku, Inc is currently in a long term uptrend where the price is trading 29.1% above its 200 day moving average.
From a valuation standpoint, the stock is 23.9% more expensive than other stocks from the Communication Services sector with a price to sales ratio of 23.1.
Roku, Inc's total revenue rose by 58.0% to $650M since the same quarter in the previous year.
Its net income has increased by 528.2% to $67M since the same quarter in the previous year.
Finally, its free cash flow grew by 171.2% to $41M since the same quarter in the previous year.
Based on the above factors, Roku, Inc gets an overall score of 4/5.
Roku operates a TV streaming platform, allowing users to discover movies, live sports, music and news. It also provides advertising products, including videos ads, brand sponsorships, and audience development campaigns.
Roku has shown strong revenue growth and the ability to improve its profit margins. Programmatic is the future of advertising and connected TVs will continue to steal business from traditional TV advertising.
Roku is well positioned to take advantage of these opportunities.
Sector | Communication Services |
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ISIN | US77543R1023 |
CurrencyCode | USD |
Exchange | NASDAQ |
Industry | Entertainment |
Market Cap | 9B |
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PE Ratio | None |
Beta | 1.78 |
Target Price | 67.65 |
Dividend Yield | 0.0% |
Roku, Inc., together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The company also provides digital advertising and related services, including the demand-side ad platform and content distribution services, such as subscription and transaction revenue shares; media and entertainment promotional spending services; premium subscriptions services; video and display advertising services; and sells branded channel buttons on remote controls of streaming device. In addition, it offers billing services; and brand sponsorship and promotions, as well as manufactures, sells, and licenses smart TVs under the Roku TV name. Further, the company provides streaming players, audio products, and smart home products and accessories under the Roku brand name. It offers its products and services through retailers and distributors, as well as directly to customers through its website in the United States, Mexico, Canada, the United Kingdom, Brazil, and Germany. Roku, Inc. was incorporated in 2002 and is headquartered in San Jose, California.
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