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The price of Procore Technologies Inc (NYSE: PCOR) closed at $71.16 in the last session, down -0.31% from day before closing price of $71.38. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 2.07 million shares were traded. PCOR stock price reached its highest trading level at $72.52 during the session, while it also had its lowest trading level at $70.905.
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 13.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 67.75. 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 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 Nov 07 ’24 when Fu Howard bought 1,500 shares for $71.75 per share.
Fleming William Fred Jr bought 15,000 shares of PCOR for $1,061,269 on Nov 06 ’24. On Nov 04 ’24, another insider, ICONIQ STRATEGIC PARTNERS II, , who serves as the 10% Owner of the company, sold 28,516 shares for $66.54 each. As a result, the insider received 1,897,512 and left with 1,798,348 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 10611664896 and an Enterprise Value of 9895898112. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.53 while its Price-to-Book (P/B) ratio in mrq is 8.23. Its current Enterprise Value per Revenue stands at 8.918 whereas that against EBITDA is -181.863.
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 $49.46. The 50-Day Moving Average of the stock is 17.02%, while the 200-Day Moving Average is calculated to be 5.44%.
Shares Statistics:
According to the various share statistics, PCOR traded on average about 1.75M shares per day over the past 3-months and 2225030 shares per day over the past 10 days. A total of 144.81M shares are outstanding, with a floating share count of 135.68M. Insiders hold about 8.73% of the company’s shares, while institutions hold 84.65% stake in the company. Shares short for PCOR as of 1728950400 were 9474763 with a Short Ratio of 5.41, compared to 1726185600 on 11401897. Therefore, it implies a Short% of Shares Outstanding of 9474763 and a Short% of Float of 12.620000000000001.
