A share price of Procore Technologies Inc [PCOR] is currently trading at $87.50, up 16.51%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PCOR shares have gain 15.97% over the last week, with a monthly amount glided 13.98%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Procore Technologies Inc [NYSE: PCOR] stock has seen the most recent analyst activity on January 06, 2025, when Jefferies upgraded its rating to a Buy and also boosted its price target to $100 from $80. Previously, UBS started tracking the stock with Buy rating on December 02, 2024, and set its price target to $105. On November 22, 2024, BMO Capital Markets reiterated its Outperform rating and revised its price target to $85 on the stock. Robert W. Baird started tracking the stock assigning a Outperform rating and suggested a price target of $73 on September 24, 2024. DA Davidson downgraded its rating to a Neutral and reduced its price target to $60 on August 02, 2024. Barclays downgraded its rating to Equal Weight for this stock on August 02, 2024, and downed its price target to $54. In a note dated June 05, 2024, Macquarie initiated an Neutral rating and provided a target price of $70 on this stock.
Procore Technologies Inc experienced fluctuations in its stock price throughout the past year between $49.46 and $86.67. Currently, Wall Street analysts expect the stock to reach $82.67 within the next 12 months. Procore Technologies Inc [NYSE: PCOR] shares were valued at $87.50 at the most recent close of the market. An investor can expect a potential drop of -5.52% based on the average PCOR price forecast.
Analyzing the PCOR fundamentals
Trailing Twelve Months sales for Procore Technologies Inc [NYSE:PCOR] were 1.15B which represents 16.15% growth. Gross Profit Margin for this corporation currently stands at 0.82% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.08 and Total Capital is -0.1. 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 80.77 points at the first support level, and at 74.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 91.06, and for the 2nd resistance point, it is at 94.63.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Procore Technologies Inc [NYSE:PCOR] is 1.51. As well, the Quick Ratio is 1.57, while the Cash Ratio is 0.6. Considering the valuation of this stock, the price to sales ratio is 11.29, the price to book ratio is 10.12.
Transactions by insiders
Recent insider trading involved O CONNOR KEVIN J, Director, that happened on Feb 05 ’25 when 6410.0 shares were sold. Director, O CONNOR KEVIN J completed a deal on Feb 06 ’25 to sell 6410.0 shares. Meanwhile, Director O CONNOR KEVIN J sold 6410.0 shares on Feb 07 ’25.
