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The price of Procore Technologies Inc (NYSE: PCOR) closed at $63.05 in the last session, up 0.83% from day before closing price of $62.53. In other words, the price has increased by $0.83 from its previous closing price. On the day, 1.36 million shares were traded. PCOR stock price reached its highest trading level at $63.105 during the session, while it also had its lowest trading level at $62.085.
Ratios:
We take a closer look at PCOR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 59.84. For the most recent quarter (mrq), Quick Ratio is recorded 1.55 and its Current Ratio is at 1.55. 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 this company, Robert W. Baird on September 24, 2024, initiated with a Outperform rating and assigned the stock a target price of $73.
On August 02, 2024, DA Davidson Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $90 to $60.
Barclays Downgraded its Overweight to Equal Weight on August 02, 2024, whereas the target price for the stock was revised from $78 to $54.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 17 ’24 when O CONNOR KEVIN J sold 8,974 shares for $58.06 per share. The transaction valued at 521,030 led to the insider holds 1,371,104 shares of the business.
O CONNOR KEVIN J sold 5,128 shares of PCOR for $299,885 on Sep 19 ’24. The Director now owns 1,360,848 shares after completing the transaction at $58.48 per share. On Sep 18 ’24, another insider, O CONNOR KEVIN J, who serves as the Director of the company, sold 5,128 shares for $56.94 each. As a result, the insider received 291,988 and left with 1,365,976 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 9311538176 and an Enterprise Value of 8651229184. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.77 while its Price-to-Book (P/B) ratio in mrq is 7.41. Its current Enterprise Value per Revenue stands at 8.148 whereas that against EBITDA is -116.726.
Stock Price History:
Over the past 52 weeks, PCOR has reached a high of $83.35, while it has fallen to a 52-week low of $48.11. The 50-Day Moving Average of the stock is 7.43%, while the 200-Day Moving Average is calculated to be -6.95%.
Shares Statistics:
According to the various share statistics, PCOR traded on average about 1.97M shares per day over the past 3-months and 1768120 shares per day over the past 10 days. A total of 144.81M shares are outstanding, with a floating share count of 134.77M. Insiders hold about 8.74% of the company’s shares, while institutions hold 85.05% stake in the company. Shares short for PCOR as of 1727654400 were 10672622 with a Short Ratio of 5.41, compared to 1724976000 on 10876234. Therefore, it implies a Short% of Shares Outstanding of 10672622 and a Short% of Float of 14.399999999999999.
