Zuora Inc (ZUO) Shares Decline Despite Market Challenges

The stock price of Zuora Inc (NYSE: ZUO) has plunged by 0.00 when compared to previous closing price of 8.55, but the company has seen a -1.84% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-02 that Zuora (ZUO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company’s earnings prospects. This might drive the stock higher in the near term.

Is It Worth Investing in Zuora Inc (NYSE: ZUO) Right Now?

ZUO has 36-month beta value of 1.90. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”

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The public float for ZUO is 132.70M, and currently, short sellers hold a 3.72% ratio of that float. The average trading volume of ZUO on April 04, 2024 was 1.29M shares.

ZUO’s Market Performance

ZUO’s stock has seen a -1.84% decrease for the week, with a 2.76% rise in the past month and a -2.29% fall in the past quarter. The volatility ratio for the week is 4.08%, and the volatility levels for the past 30 days are at 3.59% for Zuora Inc The simple moving average for the last 20 days is -4.43% for ZUO stock, with a simple moving average of -5.60% for the last 200 days.

Analysts’ Opinion of ZUO

Many brokerage firms have already submitted their reports for ZUO stocks, with Goldman repeating the rating for ZUO by listing it as a “Buy.” The predicted price for ZUO in the upcoming period, according to Goldman is $12 based on the research report published on January 23, 2024 of the current year 2024.

Robert W. Baird, on the other hand, stated in their research note that they expect to see ZUO reach a price target of $12. The rating they have provided for ZUO stocks is “Neutral” according to the report published on July 13th, 2023.

Lake Street gave a rating of “Buy” to ZUO, setting the target price at $11 in the report published on January 31st of the previous year.

ZUO Trading at -2.58% from the 50-Day Moving Average

After a stumble in the market that brought ZUO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.45% of loss for the given period.

Volatility was left at 3.59%, however, over the last 30 days, the volatility rate increased by 4.08%, as shares surge +3.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.28% lower at present.

During the last 5 trading sessions, ZUO fell by -1.84%, which changed the moving average for the period of 200-days by -25.97% in comparison to the 20-day moving average, which settled at $8.96. In addition, Zuora Inc saw -9.04% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ZUO starting from Traube Robert J., who sale 54,682 shares at the price of $8.61 back on Apr 03 ’24. After this action, Traube Robert J. now owns 51,428 shares of Zuora Inc, valued at $470,725 using the latest closing price.

McElhatton Todd, the Chief Financial Officer of Zuora Inc, sale 31,006 shares at $8.61 during a trade that took place back on Apr 03 ’24, which means that McElhatton Todd is holding 277,803 shares at $266,912 based on the most recent closing price.

Stock Fundamentals for ZUO

Current profitability levels for the company are sitting at:

  • -0.13 for the present operating margin
  • 0.66 for the gross margin

The net margin for Zuora Inc stands at -0.16. The total capital return value is set at -0.1. Equity return is now at value -59.08, with -9.14 for asset returns.

Based on Zuora Inc (ZUO), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at -0.05. The debt to equity ratio resting at 2.74. The interest coverage ratio of the stock is -2.56.

Currently, EBITDA for the company is -38.03 million with net debt to EBITDA at -6.35. When we switch over and look at the enterprise to sales, we see a ratio of 3.18. The receivables turnover for the company is 3.43for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.37.

Conclusion

To put it simply, Zuora Inc (ZUO) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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