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The closing price of Braze Inc (NASDAQ: BRZE) was $40.31 for the day, down -2.80% from the previous closing price of $41.47. In other words, the price has decreased by -$2.80 from its previous closing price. On the day, 0.53 million shares were traded. BRZE stock price reached its highest trading level at $41.61 during the session, while it also had its lowest trading level at $40.1.
Ratios:
Our analysis of BRZE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.96 and its Current Ratio is at 1.96. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.17.
On May 29, 2024, Oppenheimer reiterated its Outperform rating and also upped its target price recommendation from $75 to $60.
UBS Upgraded its Neutral to Buy on March 21, 2024, while the target price for the stock was maintained at $62.
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 Aug 01 ’24 when Wiseman Susan sold 12,000 shares for $42.48 per share. The transaction valued at 509,817 led to the insider holds 214,340 shares of the business.
Winkles Isabelle sold 4,500 shares of BRZE for $189,832 on Aug 01 ’24. The Chief Financial Officer now owns 242,627 shares after completing the transaction at $42.18 per share. On Aug 01 ’24, another insider, SUSAN WISEMAN, who serves as the Officer of the company, bought 7,500 shares for $44.06 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BRZE now has a Market Capitalization of 4096584448 and an Enterprise Value of 3700476672. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.10 while its Price-to-Book (P/B) ratio in mrq is 9.34. Its current Enterprise Value per Revenue stands at 7.321 whereas that against EBITDA is -26.372.
Stock Price History:
Over the past 52 weeks, BRZE has reached a high of $61.53, while it has fallen to a 52-week low of $33.93. The 50-Day Moving Average of the stock is 4.52%, while the 200-Day Moving Average is calculated to be -13.66%.
Shares Statistics:
BRZE traded an average of 1.09M shares per day over the past three months and 713280 shares per day over the past ten days. A total of 73.04M shares are outstanding, with a floating share count of 64.02M. Insiders hold about 37.00% of the company’s shares, while institutions hold 55.69% stake in the company. Shares short for BRZE as of 1722384000 were 5075815 with a Short Ratio of 4.64, compared to 1719532800 on 4854500. Therefore, it implies a Short% of Shares Outstanding of 5075815 and a Short% of Float of 7.04.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 18.0 analysts currently analyzing and rating the stock of Braze Inc (BRZE).The consensus estimate for the next quarter is -$0.02, with high estimates of $0.01 and low estimates of -$0.06.
Analysts are recommending an EPS of between -$0.03 and -$0.08 for the fiscal current year, implying an average EPS of -$0.07. EPS for the following year is $0.21, with 18.0 analysts recommending between $0.36 and $0.02.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 18 analysts. It ranges from a high estimate of $142.8M to a low estimate of $140.96M. As of the current estimate, Braze Inc’s year-ago sales were $nanFor the next quarter, 18 analysts are estimating revenue of $148.04M. There is a high estimate of $149M for the next quarter, whereas the lowest estimate is $144.81M.
A total of 18 analysts have provided revenue estimates for BRZE’s current fiscal year. The highest revenue estimate was $582.26M, while the lowest revenue estimate was $577.58M, resulting in an average revenue estimate of $579.9M. In the same quarter a year ago, actual revenue was $471.8MBased on 18 analysts’ estimates, the company’s revenue will be $699.87M in the next fiscal year. The high estimate is $715.11M and the low estimate is $680.18M.
