As of close of business last night, Domo Inc.’s stock clocked out at $7.99, up 0.88% from its previous closing price of $7.92. On the day, 689351 shares were traded.
Ratios:
To gain a deeper understanding of DOMO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.58.
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, DA Davidson on September 22, 2023, initiated with a Neutral rating and assigned the stock a target price of $10.
On August 25, 2023, TD Cowen Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $20 to $14.
Morgan Stanley Downgraded its Overweight to Equal-Weight on January 20, 2023, whereas the target price for the stock was revised from $24 to $16.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 11 ’24 when Jolley David R sold 12,000 shares for $8.50 per share. The transaction valued at 102,000 led to the insider holds 215,543 shares of the business.
Thayne Daren sold 22,500 shares of DOMO for $203,292 on Apr 04 ’24. The CTO & EVP of Product now owns 343,758 shares after completing the transaction at $9.04 per share. On Mar 22 ’24, another insider, Thayne Daren, who serves as the CTO & EVP of Product of the company, sold 2,866 shares for $9.59 each. As a result, the insider received 27,489 and left with 365,958 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95.
Stock Price History:
Over the past 52 weeks, DOMO has reached a high of $18.19, while it has fallen to a 52-week low of $7.78.
Shares Statistics:
A total of 33.66M shares are outstanding, with a floating share count of 31.59M. Insiders hold about 16.95% of the company’s shares, while institutions hold 61.65% stake in the company.
Earnings Estimates
As of right now, FOMO analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $5.56, with high estimates of $25.21 and low estimates of $7.99.
