Market Recap Check: Zuora Inc (ZUO)’s Positive Finish at 10.27, Up/Down 0.98

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The price of Zuora Inc (NYSE: ZUO) closed at $10.27 in the last session, up 0.98% from day before closing price of $10.17. In other words, the price has increased by $0.98 from its previous closing price. On the day, 0.91 million shares were traded. ZUO stock price reached its highest trading level at $10.4 during the session, while it also had its lowest trading level at $10.19.

Ratios:

We take a closer look at ZUO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.37 and its Current Ratio is at 2.37. In the meantime, Its Debt-to-Equity ratio is 3.02 whereas as Long-Term Debt/Eq ratio is at 2.97.

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 the company, Goldman on January 23, 2024, Upgraded its rating to Buy and sets its target price to $12 from $10 previously.

On July 13, 2023, Robert W. Baird started tracking the stock assigning a Neutral rating and target price of $12.

On January 31, 2023, Lake Street started tracking the stock assigning a Buy rating and target price of $11.Lake Street initiated its Buy rating on January 31, 2023, with a $11 target price.

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 Apr 17 ’24 when Tzuo Tien sold 239,198 shares for $9.44 per share. The transaction valued at 2,258,268 led to the insider holds 6,352 shares of the business.

Cohen Andrew M. sold 13,319 shares of ZUO for $133,190 on Apr 17 ’24. The CLO and Corp. Secretary now owns 120,785 shares after completing the transaction at $10.00 per share. On Apr 17 ’24, another insider, Traube Robert J., who serves as the Chief Revenue Officer of the company, sold 11,294 shares for $10.00 each. As a result, the insider received 112,940 and left with 17,547 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, ZUO now has a Market Capitalization of 1484816128 and an Enterprise Value of 1388331776. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.48 while its Price-to-Book (P/B) ratio in mrq is 11.22. Its current Enterprise Value per Revenue stands at 3.216 whereas that against EBITDA is -37.224.

Stock Price History:

Over the past 52 weeks, ZUO has reached a high of $12.12, while it has fallen to a 52-week low of $7.05. The 50-Day Moving Average of the stock is 11.27%, while the 200-Day Moving Average is calculated to be 15.94%.

Shares Statistics:

According to the various share statistics, ZUO traded on average about 1.75M shares per day over the past 3-months and 1159520 shares per day over the past 10 days. A total of 137.79M shares are outstanding, with a floating share count of 134.84M. Insiders hold about 7.69% of the company’s shares, while institutions hold 73.98% stake in the company. Shares short for ZUO as of 1714435200 were 6741982 with a Short Ratio of 3.85, compared to 1711584000 on 5633427. Therefore, it implies a Short% of Shares Outstanding of 6741982 and a Short% of Float of 4.93.

Earnings Estimates

The dynamic stock of Zuora Inc (ZUO) is currently attracting attention from 6.0 analysts actively involved in rating its market status.On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.07 and a low estimate of $0.06, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.09, with high estimates of $0.1 and low estimates of $0.08.

Analysts are recommending an EPS of between $0.42 and $0.38 for the fiscal current year, implying an average EPS of $0.4. EPS for the following year is $0.52, with 5.0 analysts recommending between $0.62 and $0.46.

Revenue Estimates

For the next quarter, 7 analysts are estimating revenue of $112.13M. There is a high estimate of $114.08M for the next quarter, whereas the lowest estimate is $110.2M.

A total of 7 analysts have provided revenue estimates for ZUO’s current fiscal year. The highest revenue estimate was $455.96M, while the lowest revenue estimate was $447.6M, resulting in an average revenue estimate of $453.91M. In the same quarter a year ago, actual revenue was $431.66MBased on 6 analysts’ estimates, the company’s revenue will be $496.07M in the next fiscal year. The high estimate is $510.56M and the low estimate is $485.34M.

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