At the time of writing, Ncino Inc [NCNO] stock is trading at $34.01, down -1.59%. 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 NCNO shares have gain 4.42% over the last week, with a monthly amount glided 1.34%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ncino Inc [NASDAQ: NCNO] stock has seen the most recent analyst activity on January 06, 2025, when Barclays upgraded its rating to a Overweight but kept the price target unchanged to $44 for it. Previously, UBS started tracking the stock with Buy rating on December 16, 2024, and set its price target to $44. On December 05, 2024, Needham reiterated its Buy rating and revised its price target to $45 on the stock. Piper Sandler downgraded its rating to a Neutral but stick to its price target of $38 on December 05, 2024. Raymond James upgraded its rating to a Outperform but $38 remained the price target by the analyst firm on September 03, 2024. Goldman upgraded its rating to Buy for this stock on August 14, 2024, and upped its price target to $42. In a note dated July 22, 2024, JMP Securities initiated an Mkt Outperform rating and provided a target price of $43 on this stock.
For the past year, the stock price of Ncino Inc fluctuated between $28.09 and $43.20. Currently, Wall Street analysts expect the stock to reach $41.29 within the next 12 months. Ncino Inc [NASDAQ: NCNO] shares were valued at $34.01 at the most recent close of the market. An investor can expect a potential return of 21.41% based on the average NCNO price forecast.
Analyzing the NCNO fundamentals
According to Ncino Inc [NASDAQ:NCNO], the company’s sales were 522.98M for trailing twelve months, which represents an 13.82% jump. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
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 33.43 points at the first support level, and at 32.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.81, and for the 2nd resistance point, it is at 35.62.
Ratios To Look Out For
It is important to note that Ncino Inc [NASDAQ:NCNO] has a current ratio of 1.88. Further, the Quick Ratio stands at 1.88, while the Cash Ratio is 1.44. Considering the valuation of this stock, the price to sales ratio is 7.53, the price to book ratio is 3.61.
Transactions by insiders
Recent insider trading involved HORING JEFF, Director, that happened on Jan 06 ’25 when 54876.0 shares were sold. Director, HORING JEFF completed a deal on Dec 18 ’24 to sell 4.47 million shares. Meanwhile, Director Kilday Pamela sold 9000.0 shares on Dec 17 ’24.
