The closing price of Ncino Inc. (NASDAQ: NCNO) was $29.94 for the day, down -3.54% from the previous closing price of $31.04. On the day, 1898859 shares were traded.
Ratios:
Our analysis of NCNO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 64.03. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 09 ’24 when RUH WILLIAM J sold 5,000 shares for $35.16 per share. The transaction valued at 175,784 led to the insider holds 246,201 shares of the business.
Sellers Jeanette sold 563 shares of NCNO for $19,947 on Apr 09 ’24. The VP of Accounting now owns 30,392 shares after completing the transaction at $35.43 per share. On Apr 08 ’24, another insider, Naude Pierre, who serves as the CEO of the company, sold 10,924 shares for $34.41 each. As a result, the insider received 375,928 and left with 1,159,395 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 7.18 while its Price-to-Book (P/B) ratio in mrq is 3.24.
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.
Shares Statistics:
A total of 113.68M shares are outstanding, with a floating share count of 75.09M. Insiders hold about 34.26% of the company’s shares, while institutions hold 55.97% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by NuCana plc analysts. The consensus estimate for the next quarter is $29.94, with high estimates of $4.76 and low estimates of $25.61.
Analysts are recommending an EPS of between $Healthcare and $Financial Services for the fiscal current year, implying an average EPS of $Technology.
