One of the losers of today's trading session was Uber Technologies. Shares of the Business services company plunged -2.9%, and some investors may be wondering if its price of $69.27 would make a good entry point. Here's what you should know if you are considering this investment:
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Uber Technologies has moved 51.8% over the last year, and the S&P 500 logged a change of 24.9%
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UBER has an average analyst rating of buy and is -19.57% away from its mean target price of $86.12 per share
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Its trailing earnings per share (EPS) is $0.63
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Uber Technologies has a trailing 12 month Price to Earnings (P/E) ratio of 110.0 while the S&P 500 average is 27.65
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Its forward earnings per share (EPS) is $2.12 and its forward P/E ratio is 32.7
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The company has a Price to Book (P/B) ratio of 13.07 in contrast to the S&P 500's average ratio of 4.59
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Uber Technologies is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.06 and an average P/B of 3.18
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The company has a free cash flow of $3.19 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services. The Delivery segment allows to search for and discover restaurants to grocery, alcohol, convenience, and other retails; order a meal or other items; and Uber direct, a white-label Delivery-as-a-Service for retailers and restaurants, as well as advertising. The Freight segment manages transportation and logistics network, which connects shippers and carriers in digital marketplace including carriers upfronts, pricing, and shipment booking; and provides on-demand platform to automate logistics end-to-end transactions for small-and medium-sized business to global enterprises. The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.