A share price of Domo Inc. [DOMO] is currently trading at $7.83, up 4.82%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DOMO shares have gain 5.53% over the last week, with a monthly amount glided 11.30%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Domo Inc. [NASDAQ: DOMO] stock has seen the most recent analyst activity on May 24, 2024, when Lake Street downgraded its rating to a Hold but kept the price target unchanged to $8 for it. Previously, DA Davidson started tracking the stock with Neutral rating on September 22, 2023, and set its price target to $10. On August 25, 2023, downgrade downgraded it’s rating to Market Perform and revised its price target to $14 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight and decreased its price target to $16 on January 20, 2023. Lake Street initiated its recommendation with a Buy and recommended $25 as its price target on October 18, 2022. In a note dated March 15, 2021, UBS upgraded an Buy rating on this stock and boosted its target price from $40 to $90.
Domo Inc. experienced fluctuations in its stock price throughout the past year between $6.11 and $12.23. Currently, Wall Street analysts expect the stock to reach $16.09 within the next 12 months. Domo Inc. [NASDAQ: DOMO] shares were valued at $7.83 at the most recent close of the market. An investor can expect a potential return of 105.49% based on the average DOMO price forecast.
Analyzing the DOMO fundamentals
Trailing Twelve Months sales for Domo Inc. [NASDAQ:DOMO] were 318.37M which represents -1.59% decline. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at -0.19%, Pretax Profit Margin comes in at -0.25%, and Net Profit Margin reading is -0.25%. To continue investigating profitability, this company’s Return on Assets is posted at -0.41, Equity is 0.51 and Total Capital is 2.25. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.73.
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 7.56 points at the first support level, and at 7.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.97, and for the 2nd resistance point, it is at 8.10.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Domo Inc. [NASDAQ:DOMO] is 0.51. Further, the Quick Ratio stands at 0.51, while the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 0.95.
Transactions by insiders
Recent insider trading involved Jolley David R, Chief Financial Officer, that happened on Sep 06 ’24 when 10000.0 shares were purchased. CTO & EVP of Product, Thayne Daren completed a deal on Jun 21 ’24 to sell 7095.0 shares. Meanwhile, Director Daniel Daniel David III bought 0.15 million shares on Jun 20 ’24.
