Zuora Inc (NYSE: ZUO) is -8.40% lower on its value in year-to-date trading and has touched a low of $7.05 and a high of $10.85 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 $8.65 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $8.61, the stock is -0.98% and -2.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing -0.46% at the moment leaves the stock -5.10% off its SMA200. ZUO registered 2.87% gain for a year compared to 6-month gain of -1.15%. The firm has a 50-day simple moving average (SMA 50) of $8.804 and a 200-day simple moving average (SMA200) of $9.0723.
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The stock witnessed a -5.59% loss in the last 1 month and extending the period to 3 months gives it a -6.72%, and is -1.49% 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 1.98% over the week and 3.04% over the month.
Zuora Inc (ZUO) has around 1618 employees, a market worth around $1.30B and $445.68M in sales. Fwd P/E is 15.19. Profit margin for the company is -10.61%. Distance from 52-week low is 22.13% and -20.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.99%).
Zuora Inc quarterly earnings per share for the current quarter are estimated at 0.11 with sales reaching $116.03M over the same period.The EPS is expected to grow by 70.20% this year, but quarterly earnings will post 6.30% year-over-year.
290.0 institutions hold shares in Zuora Inc (ZUO), with institutional investors hold 83.04% of the company’s shares. The shares outstanding are 151.47M, and float is at 139.71M with Short Float at 4.17%. Institutions hold 81.74% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 17.49 million shares valued at $173.71 million. The investor’s holdings represent 11.9274 of the ZUO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.12 million shares valued at $130.24 million to account for 8.9423 of the shares outstanding. The other top investors are BANK OF NEW YORK MELLON CORP which holds 6.55 million shares representing 4.4692 and valued at over $65.09 million, while SCALAR GAUGE MANAGEMENT, LLC holds 3.4712 of the shares totaling 5.09 million with a market value of $50.56 million.
Zuora Inc (ZUO) Insider Activity
The most recent transaction is an insider sale by HIRSCH PETER, the company’s Chief Product & Tech Officer. SEC filings show that HIRSCH PETER sold 58,267 shares of the company’s common stock on Jul 15 ’24 at a price of $9.06 per share for a total of $0.53 million. Following the sale, the insider now owns 14566.0 shares.
Zuora Inc disclosed in a document filed with the SEC on Jul 16 ’24 that Tzuo Tien (Chairman and CEO) sold a total of 13,353 shares of the company’s common stock. The trade occurred on Jul 16 ’24 and was made at $9.12 per share for $0.12 million. Following the transaction, the insider now directly holds 6352.0 shares of the ZUO stock.
Still, SEC filings show that on Jul 15 ’24, Tzuo Tien (Chairman and CEO) disposed off 81,731 shares at an average price of $9.05 for $0.74 million. The insider now directly holds 6,352 shares of Zuora Inc (ZUO).
