A share price of Procore Technologies Inc [PCOR] is currently trading at $70.57, up 3.40%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PCOR shares have gain 2.45% over the last week, with a monthly amount glided 11.03%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Procore Technologies Inc [NYSE: PCOR] stock has seen the most recent analyst activity on June 05, 2024, when Macquarie initiated its Neutral rating and assigned the stock a price target of $70. Previously, Mizuho downgraded its rating to Neutral on June 04, 2024, and dropped its price target to $70. On January 23, 2024, JP Morgan reiterated its Overweight rating and revised its price target to $81 on the stock. Oppenheimer downgraded its rating to a Perform. Jefferies downgraded its rating to a Hold and reduced its price target to $55 on November 02, 2023. BMO Capital Markets started tracking with a Outperform rating for this stock on October 26, 2023, and assigned it a price target of $80. In a note dated August 03, 2023, Loop Capital downgraded an Hold rating on this stock and revised its target price from $80 to $75.
Procore Technologies Inc experienced fluctuations in its stock price throughout the past year between $48.11 and $83.35. Currently, Wall Street analysts expect the stock to reach $78.75 within the next 12 months. Procore Technologies Inc [NYSE: PCOR] shares were valued at $70.57 at the most recent close of the market. An investor can expect a potential return of 11.59% based on the average PCOR price forecast.
Analyzing the PCOR fundamentals
Trailing Twelve Months sales for Procore Technologies Inc [NYSE:PCOR] were 1.01B which represents 26.18% growth. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.14%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.12 and Total Capital is -0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 68.89 points at the first support level, and at 67.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.41, and for the 2nd resistance point, it is at 72.26.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Procore Technologies Inc [NYSE:PCOR] is 1.60. In addition, the Quick Ratio stands at 1.60 and the Cash Ratio stands at 0.72. Considering the valuation of this stock, the price to sales ratio is 10.27, the price to book ratio is 8.65.
Transactions by insiders
Recent insider trading involved Singer Benjamin C, Chief Legal Officer; Secretary, that happened on Jul 16 ’24 when 2000.0 shares were sold. CEO & President, Courtemanche Craig F. Jr. completed a deal on Jul 01 ’24 to sell 68000.0 shares. Meanwhile, Chief Legal Officer; Secretary Singer Benjamin C sold 2000.0 shares on Jul 01 ’24.
