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

At the time of writing, Zuora Inc [ZUO] stock is trading at $9.92, down -0.30%. 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 ZUO shares have lost -0.30% over the last week, with a monthly amount glided 0.20%, 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.

For the past year, the stock price of Zuora Inc fluctuated between $7.70 and $10.85. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. Zuora Inc [NYSE: ZUO] shares were valued at $9.92 at the most recent close of the market. An investor can expect a potential return of 0.81% based on the average ZUO price forecast.

Analyzing the ZUO fundamentals

According to Zuora Inc [NYSE:ZUO], the company’s sales were 452.76M for trailing twelve months, which represents an 6.45% jump. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.46 and Total Capital is -0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.21.

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 9.91 points at the first support level, and at 9.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.94, and for the 2nd resistance point, it is at 9.96.

Ratios To Look Out For

It is important to note that Zuora Inc [NYSE:ZUO] has a current ratio of 2.56. Further, the Quick Ratio stands at 2.56, while the Cash Ratio is 1.07. Considering the valuation of this stock, the price to sales ratio is 3.37, the price to book ratio is 8.28.

Transactions by insiders

Recent insider trading involved HARKEY JOHN D JR, Director, that happened on Nov 06 ’24 when 0.24 million shares were sold. Chief Product & Tech Officer, HIRSCH PETER completed a deal on Oct 15 ’24 to sell 18855.0 shares. Meanwhile, Officer PETER D HIRSCH bought 18855.0 shares on Oct 15 ’24.

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