Zuora Inc (NYSE: ZUO) is 5.53% higher on its value in year-to-date trading and has touched a low of $7.70 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 $9.95 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $9.92, the stock is -0.18% and 1.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.34 million and changing -0.30% at the moment leaves the stock 6.19% off its SMA200. ZUO registered 12.73% gain for a year compared to 6-month gain of 7.24%. The firm has a 50-day simple moving average (SMA 50) of $9.7858 and a 200-day simple moving average (SMA200) of $9.3333.
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The stock witnessed a 0.20% loss in the last 1 month and extending the period to 3 months gives it a 12.73%, and is -0.30% 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 0.32% over the week and 0.42% over the month.
Zuora Inc (ZUO) has around 1618 employees, a market worth around $1.53B and $452.76M in sales. Fwd P/E is 17.10. Profit margin for the company is -16.34%. Distance from 52-week low is 28.83% and -8.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.64%).
The EPS is expected to grow by 71.21% this year
306.0 institutions hold shares in Zuora Inc (ZUO), with institutional investors hold 79.07% of the company’s shares. The shares outstanding are 145.08M, and float is at 142.06M with Short Float at 2.22%. Institutions hold 77.73% 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 HARKEY JOHN D JR, the company’s Director. SEC filings show that HARKEY JOHN D JR sold 236,218 shares of the company’s common stock on Nov 06 ’24 at a price of $9.90 per share for a total of $2.34 million. Following the sale, the insider now owns 0.2 million shares.
Zuora Inc disclosed in a document filed with the SEC on Oct 15 ’24 that HIRSCH PETER (Chief Product & Tech Officer) sold a total of 18,855 shares of the company’s common stock. The trade occurred on Oct 15 ’24 and was made at $9.06 per share for $0.17 million. Following the transaction, the insider now directly holds 19279.0 shares of the ZUO stock.
Still, SEC filings show that on Oct 15 ’24, PETER D HIRSCH (Officer) Proposed Sale 18,855 shares at an average price of $8.97 for $0.17 million. The insider now directly holds shares of Zuora Inc (ZUO).
