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After finishing at $21.94 in the prior trading day, Asana Inc (NYSE: ASAN) closed at $20.79, down -5.24%. In other words, the price has decreased by -$5.24 from its previous closing price. On the day, 3.14 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 19 ’25 when Rosenstein Justin sold 200,000 shares for $22.54 per share. The transaction valued at 4,508,294 led to the insider holds 1,247,309 shares of the business.
Rosenstein Justin sold 200,000 shares of ASAN for $4,471,285 on Feb 12 ’25. The Director now owns 1,447,309 shares after completing the transaction at $22.36 per share. On Feb 12 ’25, another insider, JUSTIN ROSENSTEIN, who serves as the Director of the company, bought 500,000 shares for $22.36 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.73 while its Price-to-Book (P/B) ratio in mrq is 19.86.
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 -4.60%, while the 200-Day Moving Average is calculated to be 33.86%.
Shares Statistics:
A total of 143.16M shares are outstanding, with a floating share count of 83.76M. Insiders hold about 63.38% of the company’s shares, while institutions hold 31.26% stake in the company.
Earnings Estimates
A comprehensive evaluation of Asana Inc (ASAN) is underway, with the input of 16.0 analysts contributing to its current rating.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.
