Domo Inc. (NASDAQ: DOMO) closed the day trading at $11.36 down -2.57% from the previous closing price of $11.66. In other words, the price has decreased by -$0.30 from its previous closing price. On the day, 778450 shares were traded.
Ratios:
For a better understanding of DOMO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.56.
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, DA Davidson on September 22, 2023, initiated with a Neutral rating and assigned the stock a target price of $10.
On August 25, 2023, TD Cowen Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $20 to $14.
Morgan Stanley Downgraded its Overweight to Equal-Weight on January 20, 2023, whereas the target price for the stock was revised from $24 to $16.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 21 ’23 when Thayne Daren sold 6,690 shares for $9.88 per share. The transaction valued at 66,097 led to the insider holds 384,325 shares of the business.
Thayne Daren sold 6,892 shares of DOMO for $67,067 on Sep 21 ’23. The CTO & EVP Engineering now owns 391,015 shares after completing the transaction at $9.73 per share. On Sep 18 ’23, another insider, James Joshua G, who serves as the Founder and CEO of the company, bought 25,400 shares for $9.71 each. As a result, the insider paid 246,543 and bolstered with 39,300 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, DOMO now has a Market Capitalization of 415.98M and an Enterprise Value of 491.11M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31. Its current Enterprise Value per Revenue stands at 1.54 whereas that against EBITDA is -9.50.
Stock Price History:
Over the past 52 weeks, DOMO has reached a high of $18.19, while it has fallen to a 52-week low of $7.78. The 50-Day Moving Average of the stock is 10.65, while the 200-Day Moving Average is calculated to be 11.80.
Shares Statistics:
Over the past 3-months, DOMO traded about 415.22K shares per day on average, while over the past 10 days, DOMO traded about 322.09k shares per day. A total of 31.57M shares are outstanding, with a floating share count of 31.14M. Insiders hold about 14.96% of the company’s shares, while institutions hold 64.09% stake in the company. Shares short for DOMO as of Feb 15, 2024 were 1.02M with a Short Ratio of 2.44, compared to 1.26M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.77% and a Short% of Float of 3.99%.
Earnings Estimates
Current recommendations for the stock of the company come from 4 analysts. On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of $0.01 and a low estimate of -$0.08, while EPS last year was -$0.02. The consensus estimate for the next quarter is -$0.04, with high estimates of $0 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.18 and -$0.28 for the fiscal current year, implying an average EPS of -$0.24. EPS for the following year is -$0.06, with 5 analysts recommending between $0.29 and -$0.2.
Revenue Estimates
4 analysts predict $79.54M in revenue for the current quarter. It ranges from a high estimate of $80M to a low estimate of $79M. As of the current estimate, Domo Inc.’s year-ago sales were $79.62M, an estimated decrease of -0.10% from the year-ago figure.
A total of 5 analysts have provided revenue estimates for DOMO’s current fiscal year. The highest revenue estimate was $318.4M, while the lowest revenue estimate was $317.8M, resulting in an average revenue estimate of $318.25M. In the same quarter a year ago, actual revenue was $308.64M, up 3.10% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $323.78M in the next fiscal year. The high estimate is $326.4M and the low estimate is $321.3M. The average revenue growth estimate for next year is up 1.70% from the average revenue estimate for this year.
