As of close of business last night, Ncino Inc.’s stock clocked out at $33.36, down -5.04% from its previous closing price of $35.13. In other words, the price has decreased by -$1.77 from its previous closing price. On the day, 1692556 shares were traded.
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 34.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 71.34. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.
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, Keefe Bruyette on April 09, 2024, initiated with a Outperform rating and assigned the stock a target price of $41.
On March 15, 2024, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also upped its target price recommendation from $24 to $27.
Piper Sandler Upgraded its Neutral to Overweight on January 02, 2024, whereas the target price for the stock was revised from $30 to $42.
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 Apr 09 ’24 when Sellers Jeanette sold 563 shares for $35.43 per share. The transaction valued at 19,947 led to the insider holds 30,392 shares of the business.
Naude Pierre sold 10,924 shares of NCNO for $375,928 on Apr 08 ’24. The CEO now owns 1,159,395 shares after completing the transaction at $34.41 per share. On Apr 08 ’24, another insider, RUH WILLIAM J, who serves as the Director of the company, sold 5,000 shares for $34.51 each. As a result, the insider received 172,545 and left with 251,201 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 3.81B and an Enterprise Value of 3.77B. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.00 while its Price-to-Book (P/B) ratio in mrq is 3.61. Its current Enterprise Value per Revenue stands at 7.91 whereas that against EBITDA is 505.33.
Stock Price History:
Over the past 52 weeks, NCNO has reached a high of $37.48, while it has fallen to a 52-week low of $21.26. The 50-Day Moving Average of the stock is 31.21, while the 200-Day Moving Average is calculated to be 30.83.
Shares Statistics:
It appears that NCNO traded 898.05K shares on average per day over the past three months and 2.23M shares per day over the past ten days. A total of 113.68M shares are outstanding, with a floating share count of 69.80M. Insiders hold about 38.89% of the company’s shares, while institutions hold 55.96% stake in the company. Shares short for NCNO as of Mar 15, 2024 were 4.53M with a Short Ratio of 6.23, compared to 4.12M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.98% and a Short% of Float of 6.36%.
Earnings Estimates
As of right now, 13 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.14 and a low estimate of $0.12, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.14, with high estimates of $0.16 and low estimates of $0.11.
Analysts are recommending an EPS of between $0.64 and $0.61 for the fiscal current year, implying an average EPS of $0.63. EPS for the following year is $0.86, with 14 analysts recommending between $1.01 and $0.74.
Revenue Estimates
A total of 15 analysts have provided revenue estimates for NCNO’s current fiscal year. The highest revenue estimate was $637.4M, while the lowest revenue estimate was $539.14M, resulting in an average revenue estimate of $547.94M. In the same quarter a year ago, actual revenue was $476.54M, up 15.00% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $641.87M in the next fiscal year. The high estimate is $761.9M and the low estimate is $618M. The average revenue growth estimate for next year is up 17.10% from the average revenue estimate for this year.
