Domo Inc. (NASDAQ: DOMO) is -71.83% lower on its value in year-to-date trading and has touched a low of $12.44 and a high of $75.44 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DOMO stock was last observed hovering at around $13.06 in the last trading session, with the day’s gains setting it 0.91% off its average median price target of $39.00 for the next 12 months. It is also 75.05% off the consensus price target high of $56.00 offered by 5 analysts, but current levels are 44.12% higher than the price target low of $25.00 for the same period.
Currently trading at $13.97, the stock is -9.36% and -16.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.25 million and changing 6.97% at the moment leaves the stock -55.33% off its SMA200. DOMO registered -80.97% loss for a year compared to 6-month loss of -52.99%.
The stock witnessed a -27.09% gain in the last 1 month and extending the period to 3 months gives it a -51.27%, and is -0.64% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.51% over the week and 7.83% over the month.
Domo Inc. (DOMO) has around 917 employees, a market worth around $480.85M and $285.10M in sales. Profit margin for the company is -43.40%. Distance from 52-week low is 12.30% and -81.48% from its 52-week high. The company has generated returns on investments over the last 12 months (400.00%).
Domo Inc. (DOMO) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Domo Inc. (DOMO) is a “Buy”. 5 analysts offering their recommendations for the stock have an average rating of 1.80, where 0 rate it as a Hold and 0 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Domo Inc. is expected to release its quarterly report on 03/01/2023.The EPS is expected to shrink by -10.40% this year
Domo Inc. (DOMO) Top Institutional Holders
The shares outstanding are 33.97M, and float is at 30.03M with Short Float at 4.23%.
Domo Inc. (DOMO) Insider Activity
A total of 14 insider transactions have happened at Domo Inc. (DOMO) in the last six months, with sales accounting for 7 and purchases happening 7 times. The most recent transaction is an insider sale by James Joshua G, the company’s 10% Owner. SEC filings show that James Joshua G sold 12,854 shares of the company’s common stock on Nov 11 at a price of $14.72 per share for a total of $0.19 million. Following the sale, the insider now owns 0.23 million shares.
Domo Inc. disclosed in a document filed with the SEC on Nov 10 that James Joshua G (10% Owner) sold a total of 91,736 shares of the company’s common stock. The trade occurred on Nov 10 and was made at $14.59 per share for $1.34 million. Following the transaction, the insider now directly holds 0.24 million shares of the DOMO stock.
Still, SEC filings show that on Nov 09, James Joshua G (10% Owner) disposed off 7,284 shares at an average price of $13.15 for $95785.0. The insider now directly holds 333,746 shares of Domo Inc. (DOMO).
Domo Inc. (DOMO): Who are the competitors?
The company’s main competitors (and peers) include Microsoft Corporation (MSFT) that is trading -26.68% down over the past 12 months and Alphabet Inc. (GOOGL) that is -32.46% lower over the same period. Alphabet Inc. (GOOG) is -32.66% down on the 1-year trading charts.