In other words, the price has increased by $0.00 from its previous closing price. On the day, 2014142 shares were traded.
Ratios:
For a better understanding of ZUO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.37 and its Current Ratio is at 2.37. In the meantime, Its Debt-to-Equity ratio is 3.02 whereas as Long-Term Debt/Eq ratio is at 2.97.
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, Goldman on January 23, 2024, Upgraded its rating to Buy and sets its target price to $12 from $10 previously.
On July 13, 2023, Robert W. Baird started tracking the stock assigning a Neutral rating and target price of $12.
On January 31, 2023, Lake Street started tracking the stock assigning a Buy rating and target price of $11.Lake Street initiated its Buy rating on January 31, 2023, with a $11 target price.
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 Apr 03 ’24 when Traube Robert J. sold 54,682 shares for $8.61 per share. The transaction valued at 470,725 led to the insider holds 51,428 shares of the business.
McElhatton Todd sold 31,006 shares of ZUO for $266,912 on Apr 03 ’24. The Chief Financial Officer now owns 277,803 shares after completing the transaction at $8.61 per share. On Apr 03 ’24, another insider, Cohen Andrew M., who serves as the CLO and Corp. Secretary of the company, sold 11,864 shares for $8.61 each. As a result, the insider received 102,130 and left with 137,898 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, ZUO now has a Market Capitalization of 1.25B and an Enterprise Value of 1.14B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.84 while its Price-to-Book (P/B) ratio in mrq is 9.34. Its current Enterprise Value per Revenue stands at 2.64 whereas that against EBITDA is -43.17.
Stock Price History:
Over the past 52 weeks, ZUO has reached a high of $12.12, while it has fallen to a 52-week low of $7.05. The 50-Day Moving Average of the stock is 8.75, while the 200-Day Moving Average is calculated to be 8.97.
Shares Statistics:
Over the past 3-months, ZUO traded about 1.29M shares per day on average, while over the past 10 days, ZUO traded about 1.22M shares per day. A total of 137.79M shares are outstanding, with a floating share count of 132.70M. Insiders hold about 7.36% of the company’s shares, while institutions hold 75.58% stake in the company. Shares short for ZUO as of Mar 15, 2024 were 4.94M with a Short Ratio of 3.82, compared to 4.58M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.38% and a Short% of Float of 3.61%.
Earnings Estimates
Current recommendations for the stock of the company come from 6 analysts. On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.07 and a low estimate of $0.06, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.09, with high estimates of $0.1 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.42 and $0.38 for the fiscal current year, implying an average EPS of $0.4. EPS for the following year is $0.52, with 5 analysts recommending between $0.62 and $0.46.
Revenue Estimates
A total of 7 analysts have provided revenue estimates for ZUO’s current fiscal year. The highest revenue estimate was $455.96M, while the lowest revenue estimate was $447.6M, resulting in an average revenue estimate of $453.91M. In the same quarter a year ago, actual revenue was $431.66M, up 5.20% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $496.07M in the next fiscal year. The high estimate is $510.56M and the low estimate is $485.34M. The average revenue growth estimate for next year is up 9.30% from the average revenue estimate for this year.
