Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Zuora Inc’s stock clocked out at $9.46, up 11.69% from its previous closing price of $8.47. In other words, the price has increased by $11.69 from its previous closing price. On the day, 9.98 million shares were traded. ZUO stock price reached its highest trading level at $10.09 during the session, while it also had its lowest trading level at $8.51.
Ratios:
To gain a deeper understanding of ZUO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.37 and its Current Ratio is at 2.37. In the meantime, Its Debt-to-Equity ratio is 3.02 whereas as Long-Term Debt/Eq ratio is at 2.97.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on January 23, 2024, Upgraded its rating to Buy and sets its target price to $12 from $10 previously.
On July 13, 2023, Robert W. Baird started tracking the stock assigning a Neutral rating and target price of $12.
On January 31, 2023, Lake Street started tracking the stock assigning a Buy rating and target price of $11.Lake Street initiated its Buy rating on January 31, 2023, with a $11 target price.
Insider Transactions:
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 Apr 10 ’24 when Traube Robert J. sold 22,587 shares for $8.35 per share. The transaction valued at 188,617 led to the insider holds 28,841 shares of the business.
McElhatton Todd sold 10,000 shares of ZUO for $83,451 on Apr 10 ’24. The Chief Financial Officer now owns 267,803 shares after completing the transaction at $8.35 per share. On Apr 10 ’24, another insider, Cohen Andrew M., who serves as the CLO and Corp. Secretary of the company, sold 3,794 shares for $8.29 each. As a result, the insider received 31,460 and left with 134,104 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZUO now has a Market Capitalization of 1381160064 and an Enterprise Value of 1270039424. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.20 while its Price-to-Book (P/B) ratio in mrq is 10.33. Its current Enterprise Value per Revenue stands at 2.942 whereas that against EBITDA is -34.052.
Stock Price History:
Over the past 52 weeks, ZUO has reached a high of $12.12, while it has fallen to a 52-week low of $7.05. The 50-Day Moving Average of the stock is 9.49%, while the 200-Day Moving Average is calculated to be 5.94%.
Shares Statistics:
It appears that ZUO traded 1.38M shares on average per day over the past three months and 2450250 shares per day over the past ten days. A total of 137.79M shares are outstanding, with a floating share count of 135.36M. Insiders hold about 7.31% of the company’s shares, while institutions hold 74.15% stake in the company. Shares short for ZUO as of 1711584000 were 5633427 with a Short Ratio of 4.08, compared to 1709164800 on 5160748. Therefore, it implies a Short% of Shares Outstanding of 5633427 and a Short% of Float of 4.1199997.
Earnings Estimates
The current rating of Zuora Inc (ZUO) reflects the combined expertise of Zuora, Inc. analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $19.31, with high estimates of $31.74 and low estimates of $0.39.
EPS for the following year is $Stocks, with Stocks analysts recommending between $ETF and $Stocks.
