Zuora (NYSE:ZUO) Target Raised by Goldman Sachs Group Inc to $11.00

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Zuora stock has undergone multiple analysts rating changes in the recent past.  Zuora stock Target Raised by   Goldman Sachs Group Inc on 6/29/2020. In a note to investors, the firm issued a new target price of $11.00. The analysts previously had $10.00 target price. Goldman Sachs Group Inc’s price target would indicate a potential upside of -13.93% from the stock’s previous close.

Shares of Zuora traded down -$0.43 on Monday, reaching $12.53. 1061256 shares of the stock traded hands, compared to its average volume of 2386781. Shares of were trading at $12.53 on Monday. The firm’s 50 day moving average is $11.61 and its 200 day moving average is 13.14.Zuora  has a 12 month low of $12.34 and a 12 month high of $16.75. While on yearly highs and lows, Zuora today has traded high as $13.13 and has touched $12.34 on the downward trend.

Zuora Earnings and What to expect: 

Zuora last announced its earnings results on June 3rd, 2020. The reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.04. The company had revenue of $73.90 million for the quarter, compared to analyst estimates of $70.65 million. Its revenue for the quarter was up 15.3% on a year-over-year basis. Zuora has generated ($0.74) earnings per share over the last year. Zuora has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, August 26th, 2020 based off prior year’s report dates.

Earnings for Zuora are expected to grow in the coming year, from ($0.61) to ($0.47) per share. The P/E ratio of Zuora is -17.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Zuora is -17.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Zuora has a P/B Ratio of 8.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 17.09%
  • On 4/2/2020 SVP Brent R Jr. Cromley Sell 560 at average share price of $7.24 which equates to $4,054.40 in money value.
  • On 4/2/2020 CFO Tyler Sloat Sell 1,037 at average price of  $7.23 with total value of : Not Data Available
  • On 1/2/2020 SVP Jennifer Pileggi Sell 264 at average price of  $14.19 with total value of : $3,746.16
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Zuora

  • 6/16/2020 – Zuora is now covered by analysts at Northland Securities. They set a “market perform” rating and a $14.50 price target on the stock. ()
  • 6/4/2020 – Zuora is now covered by analysts at Needham & Company LLC. They set a “hold” rating on the stock. ()
  • 6/4/2020 – Zuora had its price target raised by analysts at Jefferies Financial Group Inc from $11.00 to $15.00. ()
  • 6/4/2020 – Zuora had its price target raised by analysts at Morgan Stanley from $8.50 to $11.00. They now have an “underweight” rating on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by Goldman Sachs Group Inc: 

  • 6/29/2020 – Bill.com is now covered by analysts at Goldman Sachs Group Inc. They set a “buy” rating and a $34.00 price target on the stock. ()
  • 6/29/2020 – Zendesk had its price target raised by analysts at Goldman Sachs Group Inc from $96.00 to $113.00. ()
  • 6/29/2020 – Workiva had its price target raised by analysts at Goldman Sachs Group Inc from $41.00 to $52.00. ()
  • 6/29/2020 – Veeva Systems had its price target raised by analysts at Goldman Sachs Group Inc from $197.00 to $228.00. ()
  • See More Analyst Rating at: RATING

Zuora (NYSE:ZUO) Moving Average Technical Analysis

5 day Moving Average is $12.96 And 5 day price change is -0.93 (-6.88%)  with average volume for 5 day average is 1,619,694. While technical analysis for average 20 days shows significant difference, 20 day moving average is  12.84 and 20 day price change is 0.32 (0.0261) and average 20 day moving volume is 2,866,724. 50 day moving average is 11.61  and 50 day price change is 2.73 ( 0.2772)  and with average volume for 50 days is : 1,959,179. 200 day moving average is 13.14  and 200 day price change is -2.76 (-17.99%)  and with average volume for 200 days is : 1,483,366.

See More Analyst Rating at: RATING