Zuora Inc (NYSE: ZUO) is -5.85% lower on its value in year-to-date trading and has touched a low of $7.05 and a high of $12.12 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 ZUO stock was last observed hovering at around $8.71 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $8.85, the stock is 0.26% and 1.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing 1.61% at the moment leaves the stock -2.88% off its SMA200. ZUO registered -6.65% loss for a year compared to 6-month gain of 10.63%. The firm has a 50-day simple moving average (SMA 50) of $2.74 and a 200-day simple moving average (SMA200) of -$44.83.
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The stock witnessed a 3.87% loss in the last 1 month and extending the period to 3 months gives it a -6.35%, and is -3.70% 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 2.75% over the week and 3.62% over the month.
Zuora Inc (ZUO) has around 1618 employees, a market worth around $1.27B and $431.66M in sales. Fwd P/E is 17.02. Profit margin for the company is -15.80%. Distance from 52-week low is 25.53% and -26.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.86%).
Zuora Inc quarterly earnings per share for the current quarter are estimated at $0.07 with sales reaching $108.7M over the same period.The EPS is expected to grow by 21.72% this year, but quarterly earnings will post 5.20% year-over-year.
272 institutions hold shares in Zuora Inc (ZUO), with institutional investors hold 82.54% of the company’s shares. The shares outstanding are 137.79M, and float is at 132.70M with Short Float at 3.72%. Institutions hold 81.82% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 14.92 million shares valued at $163.67 million. The investor’s holdings represent 11.27% of the ZUO Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 11.03 million shares valued at $121.0 million to account for 8.33% of the shares outstanding. The other top investors are Bank Of New York Mellon Corporation which holds 7.3 million shares representing 5.52% and valued at over $80.11 million, while Praesidium Investment Management Company LLC holds 5.01% of the shares totaling 6.63 million with a market value of $72.78 million.
Zuora Inc (ZUO) Insider Activity
The most recent transaction is an insider sale by Tzuo Tien, the company’s Chairman and CEO. SEC filings show that Tzuo Tien sold 229,248 shares of the company’s common stock on Jan 23 ’24 at a price of $9.26 per share for a total of $2.12 million. Following the sale, the insider now owns 6352.0 shares.
Zuora Inc disclosed in a document filed with the SEC on Jan 22 ’24 that Tzuo Tien (Chairman and CEO) sold a total of 6,909 shares of the company’s common stock. The trade occurred on Jan 22 ’24 and was made at $9.00 per share for $62211.0. Following the transaction, the insider now directly holds 6352.0 shares of the ZUO stock.
Still, SEC filings show that on Jan 16 ’24, Shenkan Amy Guggenheim (Director) disposed off 4,133 shares at an average price of $8.39 for $34685.0. The insider now directly holds 42,461 shares of Zuora Inc (ZUO).
