Zuora (NYSE:ZUO) Upgradedby Needham&CompanyLLC to Buy

Zuora stock has undergone multiple analysts rating changes in the recent past.  Zuora Upgradedby Needham&CompanyLLC on 10/11/2021. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of Zuora traded up $0.01 on friday, reaching $16.65. 8282 shares of the stock traded hands, compared to its average volume of 824604. Shares of Zuora were trading at $16.65 on friday. The firm’s 50 day moving average is $16.67 and its 200 day moving average is $15.89.Zuora has a 12 month low of $16.49 and a 12 month high of $18.65. While on yearly highs and lows, Zuora’s today has traded high as $16.81 and has touched $16.49 on the downward trend. See More Analyst Rating at: RATING

Zuora Earnings and What to expect: 

Zuora last issued its earnings results on August 24th, 2021. The reported ($0.04) EPS for the quarter, hitting the consensus estimate of ($0.04). The business earned $86.50 million during the quarter, compared to analyst estimates of $83.41 million. Its revenue was up 15.3% compared to the same quarter last year. Zuora has generated ($0.59) earnings per share over the last year (($0.64) diluted earnings per share). Earnings for Zuora are expected to grow in the coming year, from ($0.57) to ($0.47) per share. Zuora has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, December 2nd, 2021 based off prior year’s report dates.

Earnings for Zuora are expected to grow in the coming year, from ($0.57) to ($0.47) per share. The P/E ratio of Zuora is -26.02, 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 -26.02, 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 11.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Zuora (NYSE:ZUO) Moving Average Technical Analysis

5 day Moving Average is $16.39 And 5 day price change is -$0.41 (-2.40%)  with average volume for 5 day average is 743,800. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $16.77 and 20 day price change is -$0.18 (-1.07%) and average 20 day moving volume is 812,395. 50 day moving average is $16.67  and 50 day price change is -$0.94 ( -5.34%)  and with average volume for 50 days is : 828,528. 200 day moving average is $15.89  and 200 day price change is $2.65 (18.93%)  and with average volume for 200 days is : 1,128,170.

Other owners latest trading in Zuora :

  • On 10/8/2021 shares held by Creative Financial Designs Inc. ADV were 11,697 which equates to market value of $0.19M and appx 0.00% owners of Zuora
  • On 10/6/2021 shares held by Hodges Capital Management Inc. were 15,500 which equates to market value of $0.26M and appx 0.00% owners of Zuora
  • On 9/3/2021 shares held by Parametric Portfolio Associates LLC were 260,749 which equates to market value of $4.50M and appx 0.00% owners of Zuora
  • In total Institutional ownership equates to Institutional Ownership Percentage: 64.30% for Zuora

See More Analyst Rating at: RATING