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UiPath (PATH) Rises Higher Than Market: Key Facts
UiPathUiPath(US:PATH) ZACKSยท2024-11-13 23:45

Company Performance - UiPath's stock closed at $13.53, reflecting a +1.27% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.02% [1] - Over the past month, UiPath's shares increased by 3.81%, underperforming the Business Services sector's gain of 8.97% but outperforming the S&P 500's gain of 2.99% [1] Upcoming Earnings - UiPath is set to disclose its earnings on December 5, 2024, with an anticipated EPS of $0.07, representing a 41.67% decline compared to the same quarter last year [2] - The consensus estimate for revenue is $347.65 million, indicating a 6.67% increase from the year-ago quarter [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $0.41 per share, a decrease of 24.07% from the prior year, while revenue is expected to reach $1.42 billion, an increase of 8.74% [3] - Recent analyst estimate revisions suggest a changing business trend, with positive revisions indicating confidence in the company's performance [3] Valuation Metrics - UiPath has a Forward P/E ratio of 32.85, which is higher than the industry average of 25.63, suggesting that the company is trading at a premium [6] - The PEG ratio for UiPath is 1.46, compared to the industry average of 1.55, indicating a relatively favorable growth expectation [6] Industry Context - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 70, placing it in the top 28% of over 250 industries [7] - The Zacks Industry Rank is based on the average Zacks Rank of individual stocks, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [7]