Is Zuora Inc (ZUO) Stock a Good Buy for Short-term Investors?

Zuora Inc [ZUO] stock is trading at $8.63, up 1.05%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ZUO shares have gain 2.98% over the last week, with a monthly amount glided 0.82%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Zuora Inc [NYSE: ZUO] stock has seen the most recent analyst activity on July 08, 2024, when Craig Hallum downgraded its rating to a Hold but kept the price target unchanged to $10 for it. Previously, Goldman upgraded its rating to Buy on January 23, 2024, and elevated its price target to $12. On July 13, 2023, Robert W. Baird initiated with a Neutral rating and assigned a price target of $12 on the stock. Lake Street started tracking the stock assigning a Buy rating and suggested a price target of $11 on January 31, 2023. Goldman initiated its recommendation with a Neutral and recommended $9 as its price target on October 21, 2022. Needham upgraded its rating to Buy for this stock on October 11, 2021, but kept the price target unchanged to $24. In a note dated October 01, 2021, Morgan Stanley upgraded an Equal-Weight rating on this stock and boosted its target price from $13 to $18.

Zuora Inc [ZUO] stock has fluctuated between $7.05 and $10.85 over the past year. Currently, Wall Street analysts expect the stock to reach $12.25 within the next 12 months. Zuora Inc [NYSE: ZUO] shares were valued at $8.63 at the most recent close of the market. An investor can expect a potential return of 41.95% based on the average ZUO price forecast.

Analyzing the ZUO fundamentals

Zuora Inc [NYSE:ZUO] reported sales of 445.68M for the trailing twelve months, which represents a growth of 6.80%. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.32 and Total Capital is -0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.94.

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 8.52 points at the first support level, and at 8.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.76, and for the 2nd resistance point, it is at 8.89.

Ratios To Look Out For

For context, Zuora Inc’s Current Ratio is 2.71. In addition, the Quick Ratio stands at 2.71 and the Cash Ratio stands at 0.97. Considering the valuation of this stock, the price to sales ratio is 2.93, the price to book ratio is 6.81.

Transactions by insiders

Recent insider trading involved Dobson Matthew R, Chief Accounting Officer, that happened on Oct 03 ’24 when 2994.0 shares were sold. CLO and Corp. Secretary, Cohen Andrew M. completed a deal on Oct 03 ’24 to sell 20773.0 shares. Meanwhile, Chief Financial Officer McElhatton Todd sold 51879.0 shares on Oct 03 ’24.

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