Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Procore Technologies Inc (NYSE: PCOR) closed at $78.55 down -0.46% from its previous closing price of $78.91. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 1.06 million shares were traded.
Ratios:
For a deeper understanding of Procore Technologies Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 91.59. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.06.
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, Jefferies on January 06, 2025, Upgraded its rating to Buy and sets its target price to $100 from $80 previously.
On December 02, 2024, UBS started tracking the stock assigning a Buy rating and target price of $105.
BMO Capital Markets reiterated its Outperform rating for the stock on November 22, 2024, while the target price for the stock was revised from $71 to $85.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 19 ’25 when Fu Howard sold 8,000 shares for $87.00 per share. The transaction valued at 696,000 led to the insider holds 156,188 shares of the business.
Singer Benjamin C sold 6,937 shares of PCOR for $579,922 on Feb 21 ’25. The Chief Legal Officer; Secretary now owns 72,110 shares after completing the transaction at $83.60 per share. On Feb 21 ’25, another insider, Stack Lawrence Joseph, who serves as the Chief Revenue Officer of the company, sold 12,000 shares for $82.92 each. As a result, the insider received 995,040 and left with 161,368 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 10.14 while its Price-to-Book (P/B) ratio in mrq is 9.08.
Stock Price History:
Over the past 52 weeks, PCOR has reached a high of $88.92, while it has fallen to a 52-week low of $49.46. The 50-Day Moving Average of the stock is 0.48%, while the 200-Day Moving Average is calculated to be 14.60%.
Shares Statistics:
A total of 148.66M shares are outstanding, with a floating share count of 133.78M. Insiders hold about 10.01% of the company’s shares, while institutions hold 93.24% stake in the company.
Earnings Estimates
The stock of Procore Technologies Inc (PCOR) is currently in the spotlight, with 19.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.3, with high estimates of $0.39 and low estimates of $0.22.
Analysts are recommending an EPS of between $1.4 and $1.05 for the fiscal current year, implying an average EPS of $1.23. EPS for the following year is $1.63, with 20.0 analysts recommending between $2.16 and $1.38.
Revenue Estimates
A total of 20 analysts believe the company’s revenue will be $302.62M this quarter.It ranges from a high estimate of $305.78M to a low estimate of $301.97M. As of the current estimate, Procore Technologies Inc’s year-ago sales were $269.43MFor the next quarter, 20 analysts are estimating revenue of $316.15M. There is a high estimate of $319.69M for the next quarter, whereas the lowest estimate is $309.83M.
A total of 21 analysts have provided revenue estimates for PCOR’s current fiscal year. The highest revenue estimate was $1.3B, while the lowest revenue estimate was $1.28B, resulting in an average revenue estimate of $1.29B. In the same quarter a year ago, actual revenue was $1.15BBased on 21 analysts’ estimates, the company’s revenue will be $1.48B in the next fiscal year. The high estimate is $1.55B and the low estimate is $1.43B.
