2 weeks Ago By ABMN Staff
Zuora, Inc. ( NYSE:ZUO – Get Free Report ) has earned a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.
The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $11.86. Several equities research analysts have issued reports on the stock.
Robert W. Baird lifted their target price on shares of Zuora from $8.00 to $10.
00 and gave the company a “neutral” rating in a research report on Tuesday, May 28th. Craig Hallum cut shares of Zuora from a “buy” rating to a “hold” rating and lowered their price objective for the company from $12.00 to $10.
00 in a research report on Monday, July 8th. Canaccord Genuity Group reiterated a “buy” rating and issued a $13.00 target price on shares of Zuora in a research report on Thursday, August 22nd.
Jefferies Financial Group raised their price target on Zuora from $9.00 to $10.00 and gave the company a “hold” rating in a research report on Thursday, May 23rd.
Finally, Lake Street Capital upped their price objective on Zuora from $12.00 to $13.00 and gave the stock a “buy” rating in a report on Thursday, May 23rd.
Check Out Our Latest Analysis on ZUO Insiders Place Their Bets Institutional Inflows and Outflows Institutional investors have recently made changes to their positions in the business. Point72 Asia Singapore Pte. Ltd.
purchased a new stake in shares of Zuora during the second quarter valued at $44,000. CWM LLC raised its position in Zuora by 25.0% during the 2nd quarter.
CWM LLC now owns 7,945 shares of the company’s stock valued at $79,000 after purchasing an additional 1,590 shares in the last quarter. Canada Pension Plan Investment Board bought a new position in shares of Zuora during the 2nd quarter worth $85,000. Quent Capital LLC purchased a new stake in Zuora in the first quarter worth about $83,000.
Finally, Williams Financial LLC bought a new position in Zuora during the 2nd quarter worth about $119,000. Institutional investors own 83.02% of the company’s stock.
Zuora Stock Performance Shares of ZUO stock opened at $8.79 on Friday. The firm’s 50 day moving average is $9.
02 and its 200 day moving average is $9.20. The stock has a market capitalization of $1.
28 billion, a P/E ratio of -20.44 and a beta of 1.71.
Zuora has a 12 month low of $7.05 and a 12 month high of $10.85.
The company has a current ratio of 2.56, a quick ratio of 2.56 and a debt-to-equity ratio of 2.
60. Zuora ( NYSE:ZUO – Get Free Report ) last released its quarterly earnings data on Wednesday, August 21st. The company reported $0.
19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.09.
Zuora had a negative return on equity of 13.94% and a negative net margin of 10.60%.
The company had revenue of $115.40 million for the quarter, compared to analyst estimates of $112.63 million.
During the same period in the previous year, the company posted ($0.12) EPS. The firm’s revenue for the quarter was up 6.
8% compared to the same quarter last year. On average, sell-side analysts anticipate that Zuora will post -0.06 earnings per share for the current year.
Zuora Company Profile ( Get Free Report Zuora, Inc provides a monetization suite for modern businesses to help companies launch and scale new services and operate dynamic customer-centric business models. The company offers Zuora Billing that allows customers to deploy various pricing and packaging strategies to monetize their recurring revenue streams, bill customers, calculate prorations when subscriptions change, and automate billing and payment operations; Zuora Revenue, a revenue recognition and automation solution that accounting teams use to manage their complex revenue streams; Zuora Payments to provide payment orchestration services for companies looking to operate globally; and Zephr, a digital subscriber experience platform that helps companies orchestrate dynamic experiences that increase conversion, reduce churn, and nurture ongoing subscriber relationships. Recommended Stories Receive News & Ratings for Zuora Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zuora and related companies with MarketBeat.
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