As of close of business last night, Ncino Inc.’s stock clocked out at $28.40, down -0.07% from its previous closing price of $28.42. In other words, the price has decreased by -$0.02 from its previous closing price. On the day, 628046 shares were traded. NCNO stock price reached its highest trading level at $29.04 during the session, while it also had its lowest trading level at $28.09.
Ratios:
To gain a deeper understanding of NCNO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 167.08. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.05. 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 the company, Piper Sandler on January 02, 2024, Upgraded its rating to Overweight and sets its target price to $42 from $30 previously.
On October 02, 2023, Stephens Downgraded its rating to Equal-Weight which previously was Overweight but kept the price unchanged to $34.
Morgan Stanley Downgraded its Equal-Weight to Underweight on September 20, 2023, while the target price for the stock was maintained at $24.
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 Feb 07 ’24 when Sellers Jeanette sold 894 shares for $31.18 per share. The transaction valued at 27,875 led to the insider holds 20,770 shares of the business.
Naude Pierre sold 5,526 shares of NCNO for $171,295 on Feb 06 ’24. The CEO now owns 1,013,015 shares after completing the transaction at $31.00 per share. On Feb 06 ’24, another insider, Glover Joshua L, who serves as the President & Chief Rev Officer of the company, sold 1,898 shares for $31.00 each. As a result, the insider received 58,834 and left with 364,532 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, NCNO now has a Market Capitalization of 3.22B and an Enterprise Value of 3.18B. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.95 while its Price-to-Book (P/B) ratio in mrq is 3.12. Its current Enterprise Value per Revenue stands at 6.89 whereas that against EBITDA is -343.18.
Stock Price History:
Over the past 52 weeks, NCNO has reached a high of $35.83, while it has fallen to a 52-week low of $19.58. The 50-Day Moving Average of the stock is 32.02, while the 200-Day Moving Average is calculated to be 30.16.
Shares Statistics:
It appears that NCNO traded 658.56K shares on average per day over the past three months and 666.19k shares per day over the past ten days. A total of 111.42M shares are outstanding, with a floating share count of 64.39M. Insiders hold about 43.08% of the company’s shares, while institutions hold 56.41% stake in the company. Shares short for NCNO as of Feb 15, 2024 were 4.12M with a Short Ratio of 6.25, compared to 4.81M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.64% and a Short% of Float of 5.83%.
Earnings Estimates
As of right now, 13 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.12 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.11, while EPS last year was -$0.09. The consensus estimate for the next quarter is $0.12, with high estimates of $0.14 and low estimates of $0.1.
Analysts are recommending an EPS of between $0.43 and $0.41 for the fiscal current year, implying an average EPS of $0.42. EPS for the following year is $0.56, with 13 analysts recommending between $0.64 and $0.46.
Revenue Estimates
In the current quarter, 13 analysts expect revenue to total $124.62M. It ranges from a high estimate of $124.97M to a low estimate of $124.41M. As of the current estimate, Ncino Inc.’s year-ago sales were $109.18M, an estimated increase of 14.10% from the year-ago figure.
A total of 14 analysts have provided revenue estimates for NCNO’s current fiscal year. The highest revenue estimate was $477.82M, while the lowest revenue estimate was $477M, resulting in an average revenue estimate of $477.43M. In the same quarter a year ago, actual revenue was $408.31M, up 16.90% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $545.87M in the next fiscal year. The high estimate is $560.77M and the low estimate is $532M. The average revenue growth estimate for next year is up 14.30% from the average revenue estimate for this year.
