Zuora Inc (NYSE:ZUO) saw an upside of 1.81% to close Friday at $8.44 after adding $0.15 on the day. The 5-day average trading volume is 596,680 shares of the company’s common stock. It has gained $8.80 in the past week and touched a new high 1 time within the past 5 days. An average of 811,060 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 797,406.
ZUO’s 1-month performance is -12.81% or -$1.51 on its low of $8.25 reached on 09/22/23. The company’s shares have touched a 52-week low of $5.45 and high of $12.12, with the stock’s rally to the 52-week high happening on 06/07/23. YTD, ZUO has achieved 32.70% or $2.08 and has reached a new high 24 times. However, the current price is down -30.36% from the 52-week high price.
Insider Transactions
ZUO stock investors last saw insider trading activity on Sep 13.Traube Robert J. (Chief Revenue Officer) most recently sold 16,147 shares at $8.98 per share on Sep 13. This transaction cost the insider $144,971. Chief Revenue Officer, Traube Robert J., sold 39,733 shares at a price of $9.39 on Sep 11. Then, on Jul 10, Chief Revenue Officer Traube Robert J. sold 17,975 shares at a price of $10.46 per share. This transaction amounted to $187,979.
Valuation Metrics
ZUO stock has a beta of 1.82. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.86 while the price-to-book (PB) in the most recent quarter is 10.52, with the price to cash flow ratio at 388.85.
Zuora Inc’s quick ratio for the period ended July 30 was 1.70, with the current ratio over the same period at 1.70. As well, the company’s long term debt to equity for the quarter ending July 30 was 2.26, while the total debt to equity was 2.33. In terms of profitability, the gross margin trailing 12 months is 63.20%. The trailing 12-month EBITDA margin is -18.34% while for the period ending July 30, Zuora Inc’s operating margin was -19.73%. The firm’s gross profit as reported stood at $242.86 million against revenue of $396.09 million.
Earnings Surprise
For the quarterly period ending July 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -32.58% to -$22.56 million, while revenue of -$19.3 million was 14.45% off the previous quarter. Analysts expected ZUO to announce $0.03 per share in earnings in its latest quarter, but it posted $0.07, representing a 133.30% surprise. EBITDA for the quarter stood at more than -$8.86 million. ZUO stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 569.12 million, with total debt at $262.16 million. Shareholders hold equity totaling $140.5 million.
Let’s look briefly at Zuora Inc (ZUO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 29.57% to suggest the stock is trending oversold, with historical volatility in this time period at 21.18%.
The stock’s 5-day moving average is $8.52, reflecting a -3.65% or -$0.32 change from its current price. ZUO is currently trading -2.43% above its 20-day SMA, +8.90% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -23.55% and SMA200 by+14.36%.
Stochastic %K and %D was 12.43% and 12.46% and the average true range (ATR) pointed at 0.28. The RSI (14) points at 31.79%, while the 14-day stochastic is at 14.29% with the period’s ATR at 0.30. The stock’s 9-day MACD Oscillator is pointing at -0.27 and -0.48 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Zuora Inc (NYSE: ZUO), Robert W. Baird launched coverage with a Neutral rating. Analysts offering their rating for ZUO stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate ZUO as a “sell,”, while 3 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 5 have offered a “buy” rating.
What is ZUO’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $10.00 and a high of $18.00, with their median price target at $12.00. Looking at these predictions, the average price target given by analysts is for Zuora Inc (ZUO) stock is $13.00.
