Maplebear Inc (NASDAQ:CART) shares traded -0.23% lower at $39.80 on Wall Street last session.
CART stock price is now -2.61% away from the 50-day moving average and -3.35% away from the 200-day moving average. The market capitalization of the company currently stands at $10.45B.
With the price target of $44, FBN Securities recently initiated with Sector Perform rating for Maplebear Inc (NASDAQ: CART). On February 12, 2025, Seaport Research Partners recently initiated its ‘Buy’ rating on the stock quoting a target price of $62, while ‘BTIG Research’ rates the stock as ‘Buy’
In other news, Fong Morgan, GENERAL COUNSEL & SECRETARY sold 5,249 shares of the company’s stock on Apr 21 ’25. The stock was sold for $223,450 at an average price of $42.57. Upon completion of the transaction, the GENERAL COUNSEL & SECRETARY now directly owns 484,292 shares in the company, valued at $19.27 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 21 ’25, Former Officer Ramsay Alan bought 2,274 shares of the business’s stock. A total of $96,804 was incurred on buying the stock at an average price of $42.57. A total of 22.84% of the company’s stock is owned by insiders.
During the past 12 months, Maplebear Inc has had a low of $29.84 and a high of $53.44. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 3.38, and a quick ratio of 3.38. According to the stock market information, the enterprise value for the company is $9375762432, which is based on a 24.43 price-to-earnings ratio, a 1.70 price-to-earnings-growth ratio, and a beta of 1.20. The fifty day moving average price for CART is $40.8684 and a two-hundred day moving average price translates $41.1782 for the stock.
The latest earnings results from Maplebear Inc (NASDAQ: CART) was released for 2024-12-31. The net profit margin was 13.32% and return on equity was 12.68% for CART. The company reported revenue of $883.0 million for the quarter, compared to $803.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.96 percent. For the current quarter, analysts expect CART to generate $896.41M in revenue.
