The 36-month beta value for BRZE is also noteworthy at 1.07. There are mixed opinions on the stock, with 14 analysts rating it as a “buy,” 8 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for BRZE is 68.29M, and at present, short sellers hold a 5.89% of that float. The average trading volume of BRZE on November 21, 2024 was 1.27M shares.
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BRZE) stock’s latest price update
Braze Inc (NASDAQ: BRZE) has seen a rise in its stock price by 6.36 in relation to its previous close of 36.02. However, the company has experienced a 4.99% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-11-18 that NEW YORK–(BUSINESS WIRE)–Braze (NASDAQ: BRZE), the leading customer engagement platform that empowers brands to Be Absolutely Engaging™, today announced it will release its financial results for the third quarter of fiscal year 2025, ended October 31, 2024, after U.S. financial markets close on Monday, December 9, 2024. Braze will host a webcast conference call to discuss its financial results at 4:30 pm ET (1:30 pm PT) on the same day. The webcast will be available under the events section o.
BRZE’s Market Performance
Braze Inc (BRZE) has seen a 4.99% rise in stock performance for the week, with a 27.49% gain in the past month and a -14.60% plunge in the past quarter. The volatility ratio for the week is 4.47%, and the volatility levels for the past 30 days are at 3.75% for BRZE. The simple moving average for the past 20 days is 12.55% for BRZE’s stock, with a -6.40% simple moving average for the past 200 days.
Analysts’ Opinion of BRZE
Many brokerage firms have already submitted their reports for BRZE stocks, with Macquarie repeating the rating for BRZE by listing it as a “Neutral.” The predicted price for BRZE in the upcoming period, according to Macquarie is $30 based on the research report published on October 31, 2024 of the current year 2024.
Stifel, on the other hand, stated in their research note that they expect to see BRZE reach a price target of $37. The rating they have provided for BRZE stocks is “Buy” according to the report published on October 22nd, 2024.
Scotiabank gave a rating of “Sector Outperform” to BRZE, setting the target price at $56 in the report published on July 10th of the current year.
BRZE Trading at 16.33% from the 50-Day Moving Average
After a stumble in the market that brought BRZE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.74% of loss for the given period.
Volatility was left at 3.75%, however, over the last 30 days, the volatility rate increased by 4.47%, as shares surge +24.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.64% upper at present.
During the last 5 trading sessions, BRZE rose by +4.75%, which changed the moving average for the period of 200-days by -32.20% in comparison to the 20-day moving average, which settled at $34.03. In addition, Braze Inc saw -27.89% 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 BRZE starting from Winkles Isabelle, who sale 12,329 shares at the price of $34.43 back on Nov 18 ’24. After this action, Winkles Isabelle now owns 203,879 shares of Braze Inc, valued at $424,434 using the latest closing price.
Winkles Isabelle, the Chief Financial Officer of Braze Inc, sale 4,094 shares at $36.01 during a trade that took place back on Nov 20 ’24, which means that Winkles Isabelle is holding 199,785 shares at $147,425 based on the most recent closing price.
Stock Fundamentals for BRZE
Current profitability levels for the company are sitting at:
- -0.25 for the present operating margin
- 0.69 for the gross margin
The net margin for Braze Inc stands at -0.22. The total capital return value is set at -0.25. Equity return is now at value -26.32, with -15.11 for asset returns.
Currently, EBITDA for the company is -137.73 million with net debt to EBITDA at -0.07. When we switch over and look at the enterprise to sales, we see a ratio of 7.35. The receivables turnover for the company is 6.85for trailing twelve months and the total asset turnover is 0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.03.
Conclusion
In summary, Braze Inc (BRZE) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
