Peminat Nina nak watak lebih ceria

PELAKON meningkat naik, Nina Iskandar mendedahkan ramai peminat meminta dia berehat seketika daripada melakonkan watak yang menjadi mangsa didera dan banyak menangis. Roku's Stock Is Facing Steeper Declines By Michael J. Kramer | November 9, 2018 — 2:00 PM EST SHARE (Note: The author of this fundamental analysis is a financial writer and portfolio manager.) Roku Inc.'s (ROKU) stock has dropped by 43% since the beginning of October. Now, technical analysis suggests the stock may fall an additional 14% from its current price of approximately $44.00 around 11 AM on November 9. The weak outlook follows better than expected third-quarter results. Analysts are cutting their forecast for the next two years, despite the strong results, because revenue growth appears to be slowing. ROKU Chart ROKU data by YCharts Weak Chart The chart shows that the stock is nearing technical support at $43. Should it fall below that support level, it is likely to drop to its next region of support around $37.75. Additionally, another bearish sign is seen in the stock having steadily trended lower and failing to break out at the beginning of November. The price has also fallen below its 200-day moving average, another negative sign. The relative strength index is flashing bearish signs after reaching overbought levels above 70 in June. Despite the stock price continuing to rise, the RSI failed to make new highs, which is known as a bullish divergence that points to a potentially steep decline. Additionally, the RSI is now firmly trending lower and has yet to reach oversold levels below 30, suggesting the stock may see a steep drop. Slowing Growth Following the quarterly results, analysts have reduced their growth forecasts for 2019 and 2020. Analysts currently estimate that revenue growth will slow from 42% in 2018 to 32% in 2020. Slashing Estimates Additionally, analysts are increasing their forecasted losses for the company in 2019 and now see a loss of $0.11 from a loss of $0.01. Further, earnings estimates for 2020 fall to $0.42 from $0.46 per share. The decline in earnings estimates also means that Roku's 2020 P/E ratio is still very high at 103. ROKU EPS Estimates for Next Fiscal Year Chart ROKU EPS Estimates for Next Fiscal Year data by YCharts The average price target for ROKU remains high at $64.82, nearly 48% higher than the stock's current price, but that target has started falling in recent days. With the stock trading at such a lofty valuation, the company has very little room for error when it comes to future growth. This simply means that the stock is likely to see large price swings as growth ebbs and flows over the coming quarters. Michael Kramer is the Founder of Mott Capital Management LLC, a registered investment adviser, and the manager of the company's actively managed, long-only Thematic Growth Portfolio. Kramer typically buys and holds stocks for a duration of three to five years. Click here for Kramer's bio and his portfolio's holdings. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future performance. Read more: Roku's Stock Is Facing Steeper Declines | Investopedia https://www.investopedia.com/news/rokus-stock-facing-steeper-declines/#ixzz5WSssEXVv Follow us: Investopedia on Facebook

Share this post