In the Green: Asana Inc (ASAN) Closes at 12.64, Up/Down -24.22 from Previous Day

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In the latest session, Asana Inc (NYSE: ASAN) closed at $12.64 down -24.22% from its previous closing price of $16.68. In other words, the price has decreased by -$24.22 from its previous closing price. On the day, 19.0 million shares were traded.

Ratios:

For a deeper understanding of Asana 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 6.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1095.10. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 1.16 whereas as Long-Term Debt/Eq ratio is at 1.06.

On November 19, 2024, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $15.

HSBC Securities Upgraded its Reduce to Hold on June 03, 2024, whereas the target price for the stock was revised from $16 to $14.

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 Mar 03 ’25 when Rosenstein Justin sold 150,000 shares for $18.97 per share. The transaction valued at 2,845,954 led to the insider holds 947,309 shares of the business.

JUSTIN ROSENSTEIN bought 550,000 shares of ASAN for $10,587,500 on Mar 03 ’25. On Feb 24 ’25, another insider, Rosenstein Justin, who serves as the Director of the company, sold 150,000 shares for $19.76 each. As a result, the insider received 2,963,662 and left with 1,097,309 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 3.99 while its Price-to-Book (P/B) ratio in mrq is 12.07.

Stock Price History:

Over the past 52 weeks, ASAN has reached a high of $27.77, while it has fallen to a 52-week low of $11.05. The 50-Day Moving Average of the stock is -38.18%, while the 200-Day Moving Average is calculated to be -19.46%.

Shares Statistics:

A total of 228.72M shares are outstanding, with a floating share count of 84.28M. Insiders hold about 63.15% of the company’s shares, while institutions hold 31.23% stake in the company.

Earnings Estimates

Currently, 15.0 analysts are dedicated to thoroughly evaluating and rating the performance of Asana Inc (ASAN) in the stock market.The consensus estimate for the next quarter is $0.04, with high estimates of $0.05 and low estimates of $0.03.

Analysts are recommending an EPS of between $0.21 and $0.18 for the fiscal current year, implying an average EPS of $0.2. EPS for the following year is $0.33, with 16.0 analysts recommending between $0.41 and $0.13.

Revenue Estimates

A total of 15 analysts believe the company’s revenue will be $185.58M this quarter.It ranges from a high estimate of $186.83M to a low estimate of $184.67M. As of the current estimate, Asana Inc’s year-ago sales were $172.45MFor the next quarter, 15 analysts are estimating revenue of $193.42M. There is a high estimate of $195.3M for the next quarter, whereas the lowest estimate is $190.5M.

A total of 16 analysts have provided revenue estimates for ASAN’s current fiscal year. The highest revenue estimate was $790.18M, while the lowest revenue estimate was $782.5M, resulting in an average revenue estimate of $786.01M. In the same quarter a year ago, actual revenue was $723.88MBased on 16 analysts’ estimates, the company’s revenue will be $871.69M in the next fiscal year. The high estimate is $906.14M and the low estimate is $852.24M.

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