Zuora Inc (NYSE: ZUO) is 0.50% 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 $9.97 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $9.97, the stock is 0.32% and 0.40% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing 0.00% at the moment leaves the stock 5.70% off its SMA200. ZUO registered 18.55% gain for a year compared to 6-month gain of 6.63%. The firm has a 50-day simple moving average (SMA 50) of $9.93 and a 200-day simple moving average (SMA200) of $9.43245.
The stock witnessed a 0.40% loss in the last 1 month and extending the period to 3 months gives it a 5.84%, and is 0.10% 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 0.19% over the week and 0.26% over the month.
Zuora Inc (ZUO) has around 1618 employees, a market worth around $1.54B and $452.76M in sales. Fwd P/E is 17.19. Profit margin for the company is -16.34%. Distance from 52-week low is 29.48% and -8.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.64%).
with sales reaching $117.31M over the same period.The EPS is expected to grow by 71.21% this year, but quarterly earnings will post 6.36% year-over-year. Quarterly sales are estimated to grow 6.00% in year-over-year returns.
Zuora Inc (ZUO) Top Institutional Holders
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 142.59M with Short Float at 2.63%. 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 HIRSCH PETER, the company’s Chief Product & Tech Officer. SEC filings show that HIRSCH PETER sold 19,469 shares of the company’s common stock on Jan 15 ’25 at a price of $9.97 per share for a total of $0.19 million. Following the sale, the insider now owns 24146.0 shares.
Still, SEC filings show that on Jan 02 ’25, McElhatton Todd (Chief Financial Officer) disposed off 50,373 shares at an average price of $9.93 for $0.5 million. The insider now directly holds 404,634 shares of Zuora Inc (ZUO).
