The stock of Zuora Inc (ZUO) has gone up by 15.05% for the week, with a 5.94% rise in the past month and a 8.94% rise in the past quarter. The volatility ratio for the week is 6.89%, and the volatility levels for the past 30 days are 4.23% for ZUO. The simple moving average for the past 20 days is 10.20% for ZUO’s stock, with a 8.10% simple moving average for the past 200 days.
Is It Worth Investing in Zuora Inc (NYSE: ZUO) Right Now?
Moreover, the 36-month beta value for ZUO is 1.84. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for ZUO is 135.40M and currently, short sellers hold a 4.16% of that float. On April 23, 2024, ZUO’s average trading volume was 1.62M shares.
ZUO) stock’s latest price update
The stock of Zuora Inc (NYSE: ZUO) has increased by 4.11 when compared to last closing price of 9.25. Despite this, the company has experienced a 15.05% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-19 that TCOM, YMAB, ZUO, DELL and AYI have been added to the Zacks Rank #1 (Strong Buy) List on April 19, 2023.
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 10.89% 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 -20.54% of loss for the given period.
Volatility was left at 4.23%, however, over the last 30 days, the volatility rate increased by 6.89%, as shares surge +9.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.46% upper at present.
During the last 5 trading sessions, ZUO rose by +15.05%, which changed the moving average for the period of 200-days by -5.68% in comparison to the 20-day moving average, which settled at $8.78. In addition, Zuora Inc saw 2.45% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ZUO starting from Tzuo Tien, who sale 239,198 shares at the price of $9.44 back on Apr 17 ’24. After this action, Tzuo Tien now owns 6,352 shares of Zuora Inc, valued at $2,258,268 using the latest closing price.
Cohen Andrew M., the CLO and Corp. Secretary of Zuora Inc, sale 13,319 shares at $10.00 during a trade that took place back on Apr 17 ’24, which means that Cohen Andrew M. is holding 120,785 shares at $133,190 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 3.6. 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 wrap up, the performance of Zuora Inc (ZUO) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
