UserTesting Inc. (USER) Research Recommendations: Here’s What You Should Know

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The stock of UserTesting Inc. (NYSE:USER) decreased by $0.0 on Wednesday to $7.43, down 0.00 percent. The last five days have seen an average of 1,095,226 shares of common stock traded. 8 times new highs were reached in the current year, with a fall of -$0.99. The average number of shares traded over the last 20 days was 3,371,152, while the average volume over the last 50 days totaled 1,531,275.

USER stock appreciated 89.06% since last month. On 10/24/22, the company’s shares reached a one-month low of $3.67. The stock touched a high of $11.99 on 03/31/22, after rallying from a low of $3.31 in 52 weeks. The price of USER stock has declined by -11.76% or -$0.99 this year, reaching a new high 8 times. Still, the stock price is down -38.03% from the 52-week high.


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Insider Transactions

USER stock investors should be aware that UserTesting Inc. (USER) stock had its last reported insider trading activity 7 days ago on Nov 16. On Nov 16, Chief Revenue Officer SATTERWHITE DAVID sold 14,562 shares at $7.42 each. This transaction resulted in the insider making $108,118. On Nov 16, Zelen Matt sold 10,068 shares at a price of US$7.42. After the transaction, the insider now owns 26,182 shares. Chief Corp. Strategy Officer Sabet Mona had earlier sold 11,832 shares on Nov 16 for $7.42 a share. The transaction was completed for $87,849.

Financial Health

For the three months ended September 29, UserTesting Inc.’s quick ratio was 1.90, while its current ratio was 1.90, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 77.70% percent. UserTesting Inc.’s operating margin stood at -29.10% for the same period. Based on annual data, it had gross profit of $110.24 million and revenue of $147.4 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. USER’s return on assets (ROA) during the last 12 months has been -21.90%. There was a -34.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -82.50%.

Earnings Surprise

According to UserTesting Inc.’s quarterly financial report for the quarter that ended September 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $49.41 million, while revenues rose by 100.0% to $47.56 million. It was predicted that UserTesting Inc.’s quarterly earnings would be -$0.04, but it ended up being -$0.09, beating the consensus by 55.60%. EBITDA was -$11.55 million for the quarter. At the end of UserTesting Inc.’s most recent quarter ended September 29, its liabilities totaled 126.34 million, while its total debt was $14.56 million. Equity owned by shareholders amounts to $144.71 million.

Technical Picture

Here’s a quick look at UserTesting Inc.’s (USER) price momentum from a technical perspective. As of 22 November, the RSI 9-day stood at 80.13%, suggesting the stock is Overbought, with a 5.49% historical volatility rate.

The stochastic %K and %D were 59.77% and 63.03% respectively, while the average true range (ATR) was 0.12. Based on the 14-day stochastic reading of 48.28%, the RSI (14) reading is 79.82%. On the 9-day MACD Oscillator, the stock is at 0.01, and the 14-day reading is at 0.01.

Analyst Ratings

UserTesting Inc. (NYSE: USER) was downgraded by Morgan Stanley to a an Equal-weight rating in its latest research report. The stock was previously rated as a an Overweight.

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