Zuora, Inc. (NYSE:ZUO – Get Rating) CRO Robert J. Traube sold 30,736 shares of the stock in a transaction dated Wednesday, January 18th. The stock was sold at an average price of $7.04, for a total transaction of $216,381.44. Following the sale, the executive now directly owns 32,927 shares in the company, valued at approximately $231,806.08. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Zuora Stock Up 2.7 %
Shares of ZUO opened at $6.73 on Friday. Zuora, Inc. has a twelve month low of $5.45 and a twelve month high of $17.02. The company has a 50 day moving average of $6.77 and a 200-day moving average of $7.69. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 1.13.
Zuora (NYSE:ZUO – Get Rating) last issued its quarterly earnings results on Tuesday, December 6th. The company reported ($0.24) earnings per share for the quarter, topping the consensus estimate of ($0.26) by $0.02. The company had revenue of $101.07 million during the quarter, compared to analysts’ expectations of $99.50 million. Zuora had a negative net margin of 32.65% and a negative return on equity of 61.56%. On average, sell-side analysts predict that Zuora, Inc. will post -0.98 EPS for the current year.
Hedge Funds Weigh In On Zuora
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on ZUO shares. Craig Hallum cut their price target on shares of Zuora from $16.00 to $10.00 in a research report on Wednesday, December 7th. UBS Group lowered their target price on Zuora from $20.00 to $15.00 and set a “buy” rating for the company in a research note on Friday, December 9th. Finally, The Goldman Sachs Group began coverage on Zuora in a research note on Friday, October 21st. They set a “neutral” rating and a $9.00 target price for the company.
Zuora Company Profile
Zuora, Inc, together with its subsidiaries, provides cloud-based software on a subscription basis that enables companies in various industries to launch, manage, and transform into a subscription business. The company offers Zuora Central platform that acts as an orchestration engine that allows customers quote-to-revenue operations.
- Get a free copy of the StockNews.com research report on Zuora (ZUO)
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