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Domo Inc. (NASDAQ: DOMO) closed the day trading at $7.50 up 0.40% from the previous closing price of $7.47. In other words, the price has increased by $0.40 from its previous closing price. On the day, 0.52 million shares were traded. DOMO stock price reached its highest trading level at $7.83 during the session, while it also had its lowest trading level at $7.46.
Ratios:
For a better understanding of DOMO, let’s look at 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DOMO now has a Market Capitalization of 285233984 and an Enterprise Value of 356330144. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89. Its current Enterprise Value per Revenue stands at 1.117 whereas that against EBITDA is -6.555.
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 $7.38. The 50-Day Moving Average of the stock is -23.26%, while the 200-Day Moving Average is calculated to be -31.29%.
Shares Statistics:
Over the past 3-months, DOMO traded about 410.23K shares per day on average, while over the past 10 days, DOMO traded about 456580 shares per day. A total of 33.66M shares are outstanding, with a floating share count of 31.60M. Insiders hold about 16.91% of the company’s shares, while institutions hold 61.63% stake in the company. Shares short for DOMO as of 1711584000 were 1676185 with a Short Ratio of 4.09, compared to 1709164800 on 1151895. Therefore, it implies a Short% of Shares Outstanding of 1676185 and a Short% of Float of 6.239999999999999.
Earnings Estimates
The current rating of Domo Inc. (DOMO) is the result of assessments by 5.0 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of -$0.23 for the current quarter, with a high estimate of -$0.22 and a low estimate of -$0.23, while EPS last year was -$0.17. The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.06 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.4 and -$0.43 for the fiscal current year, implying an average EPS of -$0.41. EPS for the following year is -$0.15, with 5.0 analysts recommending between $0.0 and -$0.27.
Revenue Estimates
For the next quarter, 4 analysts are estimating revenue of $79.74M. There is a high estimate of $80M for the next quarter, whereas the lowest estimate is $79.5M.
A total of 5 analysts have provided revenue estimates for DOMO’s current fiscal year. The highest revenue estimate was $320M, while the lowest revenue estimate was $318.5M, resulting in an average revenue estimate of $319.3M. In the same quarter a year ago, actual revenue was $318.99MBased on 5 analysts’ estimates, the company’s revenue will be $329.78M in the next fiscal year. The high estimate is $334.56M and the low estimate is $321.03M.
