Additionally, the 36-month beta value for ZUO is 1.72. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for ZUO is 139.71M and currently, short sellers hold a 3.94% ratio of that float. The average trading volume of ZUO on September 17, 2024 was 1.24M shares.
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ZUO) stock’s latest price update
The stock price of Zuora Inc (NYSE: ZUO) has surged by 3.81 when compared to previous closing price of 8.80, but the company has seen a 6.97% gain in its stock price over the last five trading sessions. zacks.com reported 2024-09-16 that The consensus price target hints at a 33.9% upside potential for Zuora (ZUO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
ZUO’s Market Performance
ZUO’s stock has risen by 6.97% in the past week, with a monthly rise of 3.45% and a quarterly drop of -3.84%. The volatility ratio for the week is 2.91% while the volatility levels for the last 30 days are 4.15% for Zuora Inc The simple moving average for the past 20 days is 4.75% for ZUO’s stock, with a 0.63% simple moving average for the past 200 days.
Analysts’ Opinion of ZUO
Many brokerage firms have already submitted their reports for ZUO stocks, with Craig Hallum repeating the rating for ZUO by listing it as a “Hold.” The predicted price for ZUO in the upcoming period, according to Craig Hallum is $10 based on the research report published on July 08, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see ZUO reach a price target of $12, previously predicting the price at $10. The rating they have provided for ZUO stocks is “Buy” according to the report published on January 23rd, 2024.
Robert W. Baird gave a rating of “Neutral” to ZUO, setting the target price at $12 in the report published on July 13th of the previous year.
ZUO Trading at 3.32% 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 -15.81% of loss for the given period.
Volatility was left at 4.15%, however, over the last 30 days, the volatility rate increased by 2.91%, as shares surge +0.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.58% upper at present.
During the last 5 trading sessions, ZUO rose by +5.39%, which changed the moving average for the period of 200-days by +7.78% in comparison to the 20-day moving average, which settled at $8.72. In addition, Zuora Inc saw -2.82% 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 HIRSCH PETER, who sale 58,267 shares at the price of $9.06 back on Jul 15 ’24. After this action, HIRSCH PETER now owns 14,566 shares of Zuora Inc, valued at $527,946 using the latest closing price.
Tzuo Tien, the Chairman and CEO of Zuora Inc, sale 13,353 shares at $9.12 during a trade that took place back on Jul 16 ’24, which means that Tzuo Tien is holding 6,352 shares at $121,762 based on the most recent closing price.
Stock Fundamentals for ZUO
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.68 for the gross margin
The net margin for Zuora Inc stands at -0.11. The total capital return value is set at -0.05. Equity return is now at value -31.02, with -6.17 for asset returns.
Based on Zuora Inc (ZUO), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 1.94. The interest coverage ratio of the stock is -1.13.
Currently, EBITDA for the company is -38.03 million with net debt to EBITDA at -25.45. When we switch over and look at the enterprise to sales, we see a ratio of 3.48. The receivables turnover for the company is 4.78for 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 2.71.
Conclusion
In conclusion, Zuora Inc (ZUO) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
