The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Procore Technologies Inc (NYSE: PCOR) closed at $77.62 down -0.51% from its previous closing price of $78.02. In other words, the price has decreased by -$0.51 from its previous closing price. On the day, 0.87 million shares were traded. PCOR stock price reached its highest trading level at $78.785 during the session, while it also had its lowest trading level at $77.28.
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 15.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 73.90. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.57. 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 Jan 21 ’25 when Singer Benjamin C sold 1,500 shares for $78.00 per share. The transaction valued at 117,000 led to the insider holds 83,039 shares of the business.
BENJAMIN C SINGER bought 1,500 shares of PCOR for $117,000 on Jan 21 ’25. On Jan 14 ’25, another insider, O CONNOR KEVIN J, who serves as the Director of the company, sold 7,692 shares for $75.39 each. As a result, the insider received 579,904 and left with 1,257,008 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, PCOR now has a Market Capitalization of 11539300352 and an Enterprise Value of 10856267776. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.40 while its Price-to-Book (P/B) ratio in mrq is 8.98. Its current Enterprise Value per Revenue stands at 9.783 whereas that against EBITDA is -199.512.
Stock Price History:
The Beta on a monthly basis for PCOR is 0.85, which has changed by 0.075099945 over the last 52 weeks, in comparison to a change of 0.2000997 over the same period for the S&P500. Over the past 52 weeks, PCOR has reached a high of $86.67, while it has fallen to a 52-week low of $49.46. The 50-Day Moving Average of the stock is -0.99%, while the 200-Day Moving Average is calculated to be 14.50%.
Shares Statistics:
For the past three months, PCOR has traded an average of 1.81M shares per day and 986660 over the past ten days. A total of 148.66M shares are outstanding, with a floating share count of 136.85M. Insiders hold about 7.94% of the company’s shares, while institutions hold 91.59% stake in the company. Shares short for PCOR as of 1736899200 were 8898635 with a Short Ratio of 4.93, compared to 1734048000 on 9686121. Therefore, it implies a Short% of Shares Outstanding of 8898635 and a Short% of Float of 11.85.
Earnings Estimates
The dynamic stock of Procore Technologies Inc (PCOR) is currently being evaluated by a team of 20.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $0.26, with high estimates of $0.38 and low estimates of $0.15.
Analysts are recommending an EPS of between $1.31 and $0.95 for the fiscal current year, implying an average EPS of $1.05. EPS for the following year is $1.19, with 20.0 analysts recommending between $1.34 and $0.88.
Revenue Estimates
A total of 20 analysts believe the company’s revenue will be $297.37M this quarter.It ranges from a high estimate of $299.57M to a low estimate of $289.95M. As of the current estimate, Procore Technologies Inc’s year-ago sales were $260.04MFor the next quarter, 20 analysts are estimating revenue of $302.26M. There is a high estimate of $307.8M for the next quarter, whereas the lowest estimate is $298.2M.
A total of 20 analysts have provided revenue estimates for PCOR’s current fiscal year. The highest revenue estimate was $1.15B, while the lowest revenue estimate was $1.13B, resulting in an average revenue estimate of $1.15B. In the same quarter a year ago, actual revenue was $950.01MBased on 20 analysts’ estimates, the company’s revenue will be $1.28B in the next fiscal year. The high estimate is $1.29B and the low estimate is $1.26B.
