Is it time to Buy before this week’s earning report Medallia Stock Forecast, Price & News (NYSE:MDLA)

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Earnings results for Medallia Stock Forecast, Price & News (NYSE:MDLA)

Medallia, Inc. is expected* to report earnings on 09/03/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.13. The reported EPS for the same quarter last year was $-0.86.

Medallia last issued its earnings results on June 2nd, 2020. The reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.04. The business had revenue of $112.69 million for the quarter, compared to the consensus estimate of $107.03 million. Its revenue for the quarter was up 20.4% on a year-over-year basis. Medallia has generated ($1.35) earnings per share over the last year. Medallia has confirmed that its next quarterly earnings report will be published on Thursday, September 3rd, 2020.

Analyst Opinion on Medallia Stock Forecast, Price & News (NYSE:MDLA)

9 Wall Street analysts have issued ratings and price targets for Medallia in the last 12 months. Their average twelve-month price target is $32.89, predicting that the stock has a possible downside of 18.19%. The high price target for MDLA is $35.00 and the low price target for MDLA is $27.00. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Medallia has received a consensus rating of Buy. The company’s average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $32.89, Medallia has a forecasted downside of 18.2% from its current price of $40.20. Medallia has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Medallia Stock Forecast, Price & News (NYSE:MDLA)

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

Insiders buying/selling: Medallia Stock Forecast, Price & News (NYSE:MDLA)

In the past three months, Medallia insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $50,570,057.00 in company stock. 87.12% of the stock of Medallia is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Medallia Stock Forecast, Price & News (NYSE:MDLA

Earnings for Medallia are expected to grow in the coming year, from ($0.63) to ($0.48) per share. The P/E ratio of Medallia is -24.07, 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 Medallia is -24.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Medallia has a P/B Ratio of 13.54. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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