Shares if Upwork Inc. (NASDAQ:UPWK) are up in premarket trading after Jefferies analyst Brent Thill upgraded the stock to buy from hold. “With the stock down 17% YTD and valuation at a 37% discount to peers, risk/reward has improved,” Thill wrote. Thill expects that Upwork’s first-quarter revenue-growth rate was likely the bottom and he predicts “gradual acceleration” on the metric as the year continues.
Technical Stock Analysis
Upwork Inc. (NASDAQ:UPWK), a Technology sector firm, traded 1.02 Million shares in last trading session and stock edged up 3.51% with closing price of $15.61 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Upwork Inc. (NASDAQ:UPWK)’s gross margin stands at 68.50%.
Investment Worthy Stock or not?
For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a Upwork Inc. (NASDAQ:UPWK)’s profitability or to compare the efficiency of different investments, hence, UPWK return on investment (ROI) is -4.40%.
52-Week Range are valuable stats for watching Upwork Inc. (NASDAQ:UPWK)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. Upwork Inc. (NASDAQ:UPWK)’s stock value has moved between $14.06 – 25.18 in last one year.
Analysts mean target price for Upwork Inc. (NASDAQ:UPWK) is $24.57 while analysts mean recommendation is 1.90.
Its weekly performance is 0.90% while year to date (YTD) performance is -13.80%.
Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. Upwork Inc. (NASDAQ:UPWK)’s EPS growth this year is -83.10%. For best decision making investors should look at Upwork Inc. (NASDAQ:UPWK)’s EPS growth for next year stands at 42.10%.