Uber(US:UBER) ZACKSยท2024-12-12 23:51Group 1: Company Performance - Uber Technologies ended the recent trading session at $61.41, showing a +0.38% change from the previous day's closing price, outperforming the S&P 500's 0.54% loss [1] - Over the past month, shares of Uber have depreciated by 14.03%, underperforming the Computer and Technology sector's gain of 3.76% and the S&P 500's gain of 1.5% [1] Group 2: Earnings Estimates - The upcoming earnings release for Uber is expected to show an EPS of $0.55, indicating a 16.67% decline compared to the same quarter last year, while revenue is predicted to be $11.78 billion, reflecting an 18.51% increase [2] - For the full year, analysts expect earnings of $1.89 per share and revenue of $43.78 billion, marking changes of +117.24% and +17.43% respectively from last year [3] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for Uber indicate a changing landscape of near-term business trends, with positive revisions reflecting analyst optimism about the company's business and profitability [4] - The Zacks Rank system, which assesses estimate changes, currently ranks Uber Technologies at 2 (Buy), with a recent increase of 3.62% in the Zacks Consensus EPS estimate [6] Group 4: Valuation Metrics - Uber Technologies has a Forward P/E ratio of 32.35, indicating a premium compared to its industry's Forward P/E of 24.45, and a PEG ratio of 0.76, which is significantly lower than the Internet - Services industry's average PEG ratio of 2.2 [7] Group 5: Industry Context - The Internet - Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 31, placing it in the top 13% of all industries, suggesting strong performance potential [8]