Ncino Inc. (NASDAQ: NCNO) is -8.62% lower on its value in year-to-date trading and has touched a low of $27.13 and a high of $37.48 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 NCNO stock was last observed hovering at around $29.88 in the last trading session, with the day’s gains setting it 0.85%.
Currently trading at $30.73, the stock is -0.71% and -3.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.5 million and changing 2.84% at the moment leaves the stock -2.34% off its SMA200. NCNO registered -7.13% loss for a year compared to 6-month gain of 1.42%.
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The stock witnessed a -10.38% loss in the last 1 month and extending the period to 3 months gives it a -1.82%, and is 5.60% up 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 2.13% over the week and 2.37% over the month.
Ncino Inc. (NCNO) has around 1653 employees, a market worth around $3.55B and $506.12M in sales. Fwd P/E is 35.59. Profit margin for the company is -5.78%. Distance from 52-week low is 13.27% and -18.01% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.48%).
Ncino Inc. quarterly earnings per share for the current quarter are estimated at 0.16 with sales reaching $137.43M over the same period.The EPS is expected to grow by 34.66% this year, but quarterly earnings will post 13.60% year-over-year.
344.0 institutions hold shares in Ncino Inc. (NCNO), with institutional investors hold 96.80% of the company’s shares. The shares outstanding are 113.68M, and float is at 95.87M with Short Float at 5.51%. Institutions hold 93.88% of the Float.
The top institutional shareholder in the company is INSIGHT HOLDINGS GROUP, LLC with over 25.01 million shares valued at $786.67 million. The investor’s holdings represent 21.9038 of the NCNO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 8.46 million shares valued at $266.19 million to account for 7.4116 of the shares outstanding. The other top investors are KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC which holds 7.78 million shares representing 6.8151 and valued at over $244.77 million, while HMI CAPITAL MANAGEMENT, L.P. holds 6.4785 of the shares totaling 7.4 million with a market value of $232.67 million.
Ncino Inc. (NCNO) Insider Activity
Ncino Inc. disclosed in a document filed with the SEC on Sep 13 ’24 that Rieger April (Chief Lgl. & Compl. Ofc., Sec.) sold a total of 6,079 shares of the company’s common stock. The trade occurred on Sep 13 ’24 and was made at $29.28 per share for $0.18 million. Following the transaction, the insider now directly holds 0.16 million shares of the NCNO stock.
Still, SEC filings show that on Sep 13 ’24, Rieger April (Officer) Proposed Sale 6,079 shares at an average price of $29.28 for $0.18 million. The insider now directly holds shares of Ncino Inc. (NCNO).
