PCOR has 36-month beta value of 0.83. Analysts have mixed views on the stock, with 7 analysts rating it as a “buy,” 6 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for PCOR is 136.83M, and currently, short sellers hold a 7.08% ratio of that float. The average trading volume of PCOR on December 26, 2024 was 2.05M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
PCOR) stock’s latest price update
Procore Technologies Inc (NYSE: PCOR)’s stock price has increased by 1.63 compared to its previous closing price of 76.54. However, the company has seen a -2.06% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-06 that Procore Technologies, a founder-led company, is disrupting the construction industry with its leading technology platform, boasting 2 million active users and high gross retention rates. Despite underperforming the S&P 500 YTD, Procore’s new go-to-market strategy and strong financials, including $439 million in cash, indicate promising future growth. Procore’s total addressable market is vast, and the company is well-positioned for geographic expansion and product cross-selling, with opportunities for significant revenue growth.
PCOR’s Market Performance
PCOR’s stock has fallen by -2.06% in the past week, with a monthly rise of 1.45% and a quarterly rise of 28.47%. The volatility ratio for the week is 3.99% while the volatility levels for the last 30 days are 3.37% for Procore Technologies Inc The simple moving average for the last 20 days is -2.98% for PCOR stock, with a simple moving average of 14.56% for the last 200 days.
Analysts’ Opinion of PCOR
Many brokerage firms have already submitted their reports for PCOR stocks, with UBS repeating the rating for PCOR by listing it as a “Buy.” The predicted price for PCOR in the upcoming period, according to UBS is $105 based on the research report published on December 02, 2024 of the current year 2024.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see PCOR reach a price target of $85, previously predicting the price at $71. The rating they have provided for PCOR stocks is “Outperform” according to the report published on November 22nd, 2024.
Robert W. Baird gave a rating of “Outperform” to PCOR, setting the target price at $73 in the report published on September 24th of the current year.
PCOR Trading at 7.06% from the 50-Day Moving Average
After a stumble in the market that brought PCOR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.25% of loss for the given period.
Volatility was left at 3.37%, however, over the last 30 days, the volatility rate increased by 3.99%, as shares sank -3.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.73% upper at present.
During the last 5 trading sessions, PCOR fell by -2.06%, which changed the moving average for the period of 200-days by -2.49% in comparison to the 20-day moving average, which settled at $80.18. In addition, Procore Technologies Inc saw 12.38% 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 PCOR starting from BENJAMIN C SINGER, who proposed sale 1,500 shares at the price of $76.18 back on Dec 23 ’24. After this action, BENJAMIN C SINGER now owns shares of Procore Technologies Inc, valued at $114,270 using the latest closing price.
O CONNOR KEVIN J, the Director of Procore Technologies Inc, sale 33,332 shares at $81.93 during a trade that took place back on Dec 10 ’24, which means that O CONNOR KEVIN J is holding 1,282,648 shares at $2,730,961 based on the most recent closing price.
Stock Fundamentals for PCOR
Current profitability levels for the company are sitting at:
- -0.09 for the present operating margin
- 0.81 for the gross margin
The net margin for Procore Technologies Inc stands at -0.07. The total capital return value is set at -0.08. Equity return is now at value -6.07, with -3.85 for asset returns.
Currently, EBITDA for the company is -119.49 million with net debt to EBITDA at -24.94. When we switch over and look at the enterprise to sales, we see a ratio of 10.09. The receivables turnover for the company is 5.38for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.
Conclusion
To put it simply, Procore Technologies Inc (PCOR) has had a better 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
