Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Braze Inc (NASDAQ: BRZE) was $41.29 for the day, down -2.20% from the previous closing price of $42.22. In other words, the price has decreased by -$2.20 from its previous closing price. On the day, 0.89 million shares were traded. BRZE stock price reached its highest trading level at $42.21 during the session, while it also had its lowest trading level at $41.145.
Ratios:
Our analysis of BRZE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 284.48. For the most recent quarter (mrq), Quick Ratio is recorded 2.03 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.16.
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 this company, Macquarie on October 31, 2024, initiated with a Neutral rating and assigned the stock a target price of $30.
On October 22, 2024, Stifel started tracking the stock assigning a Buy rating and target price of $37.
Scotiabank Upgraded its Sector Perform to Sector Outperform on July 10, 2024, while the target price for the stock was maintained at $56.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 02 ’24 when Winkles Isabelle sold 4,500 shares for $39.48 per share. The transaction valued at 177,660 led to the insider holds 199,785 shares of the business.
Winkles Isabelle sold 12,329 shares of BRZE for $424,434 on Nov 18 ’24. The Chief Financial Officer now owns 203,879 shares after completing the transaction at $34.43 per share. On Nov 20 ’24, another insider, Winkles Isabelle, who serves as the Chief Financial Officer of the company, sold 4,094 shares for $36.01 each. As a result, the insider received 147,425 and left with 199,785 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, BRZE now has a Market Capitalization of 4337101824 and an Enterprise Value of 3825423360. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.92 while its Price-to-Book (P/B) ratio in mrq is 9.28. Its current Enterprise Value per Revenue stands at 7.139 whereas that against EBITDA is -28.89.
Stock Price History:
Over the past 52 weeks, BRZE has reached a high of $61.53, while it has fallen to a 52-week low of $29.18. The 50-Day Moving Average of the stock is 22.10%, while the 200-Day Moving Average is calculated to be 2.97%.
Shares Statistics:
BRZE traded an average of 1.42M shares per day over the past three months and 1705530 shares per day over the past ten days. A total of 81.66M shares are outstanding, with a floating share count of 65.64M. Insiders hold about 36.10% of the company’s shares, while institutions hold 58.92% stake in the company. Shares short for BRZE as of 1731628800 were 3244456 with a Short Ratio of 2.29, compared to 1728950400 on 4456817. Therefore, it implies a Short% of Shares Outstanding of 3244456 and a Short% of Float of 4.21.
