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After finishing at $23.27 in the prior trading day, Asana Inc (NYSE: ASAN) closed at $23.80, up 2.28%. In other words, the price has increased by $2.28 from its previous closing price. On the day, 1.51 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ASAN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 1.03.
On November 19, 2024, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $15. HSBC Securities Upgraded its Reduce to Hold on June 03, 2024, whereas the target price for the stock was revised from $16 to $14.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 12 ’25 when Rosenstein Justin sold 200,000 shares for $22.36 per share. The transaction valued at 4,471,285 led to the insider holds 1,447,309 shares of the business.
JUSTIN ROSENSTEIN bought 500,000 shares of ASAN for $11,180,000 on Feb 12 ’25. On Feb 04 ’25, another insider, Rosenstein Justin, who serves as the Director of the company, sold 196,067 shares for $21.78 each. As a result, the insider received 4,270,339 and left with 1,651,242 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 7.70 while its Price-to-Book (P/B) ratio in mrq is 22.74.
Stock Price History:
Over the past 52 weeks, ASAN has reached a high of $27.77, while it has fallen to a 52-week low of $11.05. The 50-Day Moving Average of the stock is 10.38%, while the 200-Day Moving Average is calculated to be 54.15%.
Shares Statistics:
A total of 143.16M shares are outstanding, with a floating share count of 83.55M. Insiders hold about 63.47% of the company’s shares, while institutions hold 31.32% stake in the company.
Earnings Estimates
The stock of Asana Inc (ASAN) is currently drawing attention from 16.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is -$0.01, with high estimates of $0.01 and low estimates of -$0.04.
Analysts are recommending an EPS of between -$0.14 and -$0.16 for the fiscal current year, implying an average EPS of -$0.14. EPS for the following year is -$0.01, with 17.0 analysts recommending between $0.14 and -$0.1.
Revenue Estimates
16 analysts predict $188.13M in revenue for the current quarter. It ranges from a high estimate of $188.85M to a low estimate of $187.9M. As of the current estimate, Asana Inc’s year-ago sales were $171.13MFor the next quarter, 16 analysts are estimating revenue of $190.69M. There is a high estimate of $193.76M for the next quarter, whereas the lowest estimate is $188.95M.
A total of 17 analysts have provided revenue estimates for ASAN’s current fiscal year. The highest revenue estimate was $724.5M, while the lowest revenue estimate was $723.44M, resulting in an average revenue estimate of $723.76M. In the same quarter a year ago, actual revenue was $652.5MBased on 18 analysts’ estimates, the company’s revenue will be $802.98M in the next fiscal year. The high estimate is $812.45M and the low estimate is $793.1M.
