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.
Zuora Inc (NYSE: ZUO) closed the day trading at $9.75 up 1.25% from the previous closing price of $9.63. In other words, the price has increased by $1.25 from its previous closing price. On the day, 1.6 million shares were traded. ZUO stock price reached its highest trading level at $9.9 during the session, while it also had its lowest trading level at $9.635.
Ratios:
For a better understanding of ZUO, let’s look at 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:
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 Apr 17 ’24 when Tzuo Tien sold 239,198 shares for $9.44 per share. The transaction valued at 2,258,268 led to the insider holds 6,352 shares of the business.
Cohen Andrew M. sold 13,319 shares of ZUO for $133,190 on Apr 17 ’24. The CLO and Corp. Secretary now owns 120,785 shares after completing the transaction at $10.00 per share. On Apr 17 ’24, another insider, Traube Robert J., who serves as the Chief Revenue Officer of the company, sold 11,294 shares for $10.00 each. As a result, the insider received 112,940 and left with 17,547 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 1423500032 and an Enterprise Value of 1294866176. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.30 while its Price-to-Book (P/B) ratio in mrq is 10.65. Its current Enterprise Value per Revenue stands at 3.0 whereas that against EBITDA is -34.718.
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 12.02%, while the 200-Day Moving Average is calculated to be 9.48%.
Shares Statistics:
Over the past 3-months, ZUO traded about 1.66M shares per day on average, while over the past 10 days, ZUO traded about 3291250 shares per day. A total of 137.79M shares are outstanding, with a floating share count of 135.40M. Insiders hold about 7.29% of the company’s shares, while institutions hold 74.22% stake in the company. Shares short for ZUO as of 1711584000 were 5633427 with a Short Ratio of 3.40, compared to 1709164800 on 5160748. Therefore, it implies a Short% of Shares Outstanding of 5633427 and a Short% of Float of 4.1199997.
