How Have the Numbers Shaped Up for Anaplan Stock Forecast, Price & News (NYSE:PLAN)

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Earnings results for Anaplan Stock Forecast, Price & News (NYSE:PLAN)

Anaplan, Inc. is expected* to report earnings on 08/26/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.3. The reported EPS for the same quarter last year was $-0.31.

Anaplan last posted its quarterly earnings results on May 26th, 2020. The reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.04. The firm earned $103.80 million during the quarter, compared to analyst estimates of $100.59 million. Its revenue was up 36.9% compared to the same quarter last year. Anaplan has generated ($1.06) earnings per share over the last year. Anaplan has confirmed that its next quarterly earnings report will be published on Wednesday, August 26th, 2020.

Analyst Opinion on Anaplan Stock Forecast, Price & News (NYSE:PLAN)

18 Wall Street analysts have issued ratings and price targets for Anaplan in the last 12 months. Their average twelve-month price target is $51.44, predicting that the stock has a possible upside of 7.58%. The high price target for PLAN is $65.00 and the low price target for PLAN is $35.00. There are currently 1 sell rating, 5 hold ratings and 12 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Anaplan has received a consensus rating of Buy. The company’s average rating score is 2.61, and is based on 12 buy ratings, 5 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $51.44, Anaplan has a forecasted upside of 7.6% from its current price of $47.82. Anaplan has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Anaplan Stock Forecast, Price & News (NYSE:PLAN)

Anaplan does not currently pay a dividend. Anaplan does not have a long track record of dividend growth.

Insiders buying/selling: Anaplan Stock Forecast, Price & News (NYSE:PLAN)

In the past three months, Anaplan insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $14,759,699.00 in company stock. Only 7.30% of the stock of Anaplan is held by insiders. 88.06% of the stock of Anaplan is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Anaplan Stock Forecast, Price & News (NYSE:PLAN

Earnings for Anaplan are expected to grow in the coming year, from ($1.12) to ($1.03) per share. The P/E ratio of Anaplan is -42.32, 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 Anaplan is -42.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Anaplan has a P/B Ratio of 21.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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