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Zuora Inc (ZUO) Stock Could Soon Reward Patient Investors

Zuora Inc (NYSE: ZUO) is 5.11% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ZUO stock was last observed hovering at around $9.91 in the last trading session, with the day’s loss setting it -0.03%.

Currently trading at $9.88, the stock is 10.08% and 12.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.74 million and changing -0.30% at the moment leaves the stock 8.78% off its SMA200. ZUO registered 29.49% gain for a year compared to 6-month loss of 1.33%. The firm has a 50-day simple moving average (SMA 50) of $8.7916 and a 200-day simple moving average (SMA200) of $9.0742.

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The stock witnessed a 14.35% gain in the last 1 month and extending the period to 3 months gives it a 7.04%, and is 7.98% 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 1.59% over the week and 2.46% over the month.

Zuora Inc (ZUO) has around 1618 employees, a market worth around $1.52B and $445.68M in sales. Fwd P/E is 17.33. Profit margin for the company is -10.61%. Distance from 52-week low is 40.14% and -8.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.99%).

with sales reaching $116.02M over the same period.The EPS is expected to grow by 70.45% this year, but quarterly earnings will post 6.40% year-over-year.

Zuora Inc (ZUO) Top Institutional Holders

291.0 institutions hold shares in Zuora Inc (ZUO), with institutional investors hold 81.22% of the company’s shares. The shares outstanding are 153.54M, and float is at 141.61M with Short Float at 4.10%. Institutions hold 79.82% 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 18,855 shares of the company’s common stock on Oct 15 ’24 at a price of $9.06 per share for a total of $0.17 million. Following the sale, the insider now owns 19279.0 shares.

Still, SEC filings show that on Oct 03 ’24, Dobson Matthew R (Chief Accounting Officer) disposed off 2,994 shares at an average price of $8.34 for $24981.0. The insider now directly holds 74,536 shares of Zuora Inc (ZUO).

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