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Sunday, April 2, 2023

There’s No Need To Panic Or Freeze When It Comes To Zuora Inc. (NYSE: ZUO)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Zuora Inc. (ZUO) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.46, or 5.00%, to $9.66. The Zuora Inc. has recorded 35,304 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Zuora Expands India Footprint with New Office in Chennai.

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Stocks Info

The company is listed on the NYSE and operates within the Software – Infrastructure industry segment. At the end of the last regular session, the stock closed at $9.20 and fluctuated between $9.21 as its day high and $8.95 as its day low. The current market capitalization of Zuora Inc. is $1.34B. A total of 0.85 million shares were traded on the day, compared to an average of 1.22M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, ZUO has seen 14 BUY and 9 SELL insider trades, representing the acquisition of 235,084 and the disposition of 148,383 shares. Over the last 12 months, there were 56 BUYs and 31 SELLs from insiders. Insiders purchased 2,116,504 shares during that period but sold 1,643,295.

In the most recent transaction, Traube Robert J. sold 15,369 shares of ZUO for 10.01 per share on Mar 06. After the transaction, the Chief Revenue Officer now owns 17,558 company shares. In a previous transaction on Mar 06, Srinivasan Sri sold 4,787 shares at 10.04 per share. ZUO shares that Chief Product & Tech Officer owns now total 110,225.

Among the insiders who sold shares, Traube Robert J. disposed of 30,736 shares on Jan 18 at a per-share price of $7.04. This resulted in the Chief Revenue Officer holding 32,927 shares of ZUO after the transaction. In another insider transaction, Clayton Laura A. sold 4,133 shares at $6.69 per share on Jan 13. Company shares held by the Director now total 40,087.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for ZUO in the last 3 months, the mean price target is $12.71 with high estimates of $17.00 and low estimates of $9.00. In terms of 52-week highs and lows, ZUO has a high of $15.68 and a low of $5.45.

As of this writing, ZUO has an earnings estimate of -$0.06 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of -$0.06 per share and a lower estimate of -$0.07. The company reported an EPS of -$0.03 in the last quarter, which was 40.00% higher than expectations of -$0.05.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 7 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ZUO is Overweight with a score of 4.00. A total of 5 analysts rated the stock as Buy while 0 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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