Asana Inc (ASAN)’s Ratio Roundup: Key Metrics for Trailing Twelve Months

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As of close of business last night, Asana Inc’s stock clocked out at $12.33, down -0.32% from its previous closing price of $12.37. In other words, the price has decreased by -$0.32 from its previous closing price. On the day, 1.93 million shares were traded. ASAN stock price reached its highest trading level at $12.5 during the session, while it also had its lowest trading level at $12.19.

Ratios:

To gain a deeper understanding of ASAN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.66 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.80.

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, HSBC Securities on June 03, 2024, Upgraded its rating to Hold and sets its target price to $14 from $16 previously.

On May 31, 2024, Piper Sandler Upgraded its rating to Neutral which previously was Underweight and also lowered its target price recommendation from $18 to $16.

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 26 ’24 when Wan Tim M sold 10,000 shares for $15.00 per share. The transaction valued at 150,000 led to the insider holds 753,888 shares of the business.

Wan Tim M sold 10,000 shares of ASAN for $150,000 on Apr 24 ’24. The CHIEF FINANCIAL OFFICER now owns 753,888 shares after completing the transaction at $15.00 per share. On Apr 01 ’24, another insider, LACEY ELEANOR B, who serves as the GC, CORPORATE SECRETARY of the company, sold 4,462 shares for $15.47 each. As a result, the insider received 69,027 and left with 220,739 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, ASAN now has a Market Capitalization of 2812522240 and an Enterprise Value of 2569692928. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.18 while its Price-to-Book (P/B) ratio in mrq is 8.79. Its current Enterprise Value per Revenue stands at 3.821 whereas that against EBITDA is -10.14.

Stock Price History:

Over the past 52 weeks, ASAN has reached a high of $26.27, while it has fallen to a 52-week low of $12.36. The 50-Day Moving Average of the stock is -15.16%, while the 200-Day Moving Average is calculated to be -30.06%.

Shares Statistics:

It appears that ASAN traded 1.91M shares on average per day over the past three months and 2106110 shares per day over the past ten days. A total of 139.24M shares are outstanding, with a floating share count of 81.04M. Insiders hold about 64.47% of the company’s shares, while institutions hold 26.06% stake in the company. Shares short for ASAN as of 1715731200 were 12076931 with a Short Ratio of 6.58, compared to 1713139200 on 11730838. Therefore, it implies a Short% of Shares Outstanding of 12076931 and a Short% of Float of 14.66.

Earnings Estimates

The stock of Asana Inc (ASAN) is currently in the spotlight, with 14.0 analysts actively rating and assessing its market standing.On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of -$0.07 and a low estimate of -$0.09, while EPS last year was -$0.04. The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.02 and low estimates of -$0.05.

Analysts are recommending an EPS of between -$0.17 and -$0.28 for the fiscal current year, implying an average EPS of -$0.2. EPS for the following year is -$0.02, with 15.0 analysts recommending between $0.12 and -$0.16.

Revenue Estimates

For the next quarter, 14 analysts are estimating revenue of $182.53M. There is a high estimate of $183.8M for the next quarter, whereas the lowest estimate is $181.7M.

A total of 17 analysts have provided revenue estimates for ASAN’s current fiscal year. The highest revenue estimate was $743.14M, while the lowest revenue estimate was $720.6M, resulting in an average revenue estimate of $723.18M. In the same quarter a year ago, actual revenue was $652.5MBased on 16 analysts’ estimates, the company’s revenue will be $829.98M in the next fiscal year. The high estimate is $948.39M and the low estimate is $788.9M.

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