As of close of business last night, Zuora Inc.’s stock clocked out at 7.66, up 2.68% from its previous closing price of $7.46. In other words, the price has increased by $+0.20 from its previous closing price. On the day, 1037563 shares were traded. ZUO reached its highest trading level at $7.81 during the session, while it also had its lowest trading level at $7.40.
To gain a deeper understanding of ZUO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 523.33. For the most recent quarter (mrq), Quick Ratio is recorded 2.60 and its Current Ratio is at 2.60. In the meantime, Its Debt-to-Equity ratio is 1.07 whereas as Long-Term Debt/Eq ratio is at 1.07.
Upgrades & Downgrades
On October 01, 2021, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also upped its target price recommendation from $13 to $18.
On September 30, 2021, Craig Hallum started tracking the stock assigning a Buy rating and target price of $24.Craig Hallum initiated its Buy rating on September 30, 2021, with a $24 target price.
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 11 when McElhatton Todd sold 10,000 shares for $9.56 per share. The transaction valued at 95,586 led to the insider holds 79,185 shares of the business.
McElhatton Todd sold 18,136 shares of ZUO for $162,038 on Jul 01. The Chief Financial Officer now owns 89,185 shares after completing the transaction at $8.93 per share. On Jul 01, another insider, Srinivasan Sri, who serves as the Chief Product & Tech Officer of the company, sold 31,221 shares for $8.93 each. As a result, the insider received 278,947 and left with 69,344 shares of the company.
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.81 while its Price-to-Book (P/B) ratio in mrq is 5.18.
Stock Price History:
Over the past 52 weeks, ZUO has reached a high of $23.25, while it has fallen to a 52-week low of $7.41. The 50-Day Moving Average of the stock is 8.72, while the 200-Day Moving Average is calculated to be 12.62.
It appears that ZUO traded 1.08M shares on average per day over the past three months and 1.07M shares per day over the past ten days. A total of 130.28M shares are outstanding, with a floating share count of 122.69M. Insiders hold about 0.50% of the company’s shares, while institutions hold 74.80% stake in the company. Shares short for ZUO as of Jul 14, 2022 were 3.1M with a Short Ratio of 2.80, compared to 3.81M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.40% and a Short% of Float of 2.86%.
As of right now, 4 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $-0.05 for the current quarter, with a high estimate of $-0.05 and a low estimate of $-0.05, while EPS last year was $-0.04. The consensus estimate for the next quarter is $-0.04, with high estimates of $-0.03 and low estimates of $-0.05.
Analysts are recommending an EPS of between $-0.14 and $-0.17 for the fiscal current year, implying an average EPS of $-0.16. EPS for the following year is $0.01, with 4 analysts recommending between $0.04 and $0.
A total of 5 analysts have provided revenue estimates for ZUO’s current fiscal year. The highest revenue estimate was $404.13M, while the lowest revenue estimate was $402M, resulting in an average revenue estimate of $403.26M. In the same quarter a year ago, actual revenue was $346.74M, up 16.30% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $467.81M in the next fiscal year. The high estimate is $478.35M and the low estimate is $457.4M. The average revenue growth estimate for next year is up 16.00% from the average revenue estimate for this year.