Zuora (ZUO) Receives Daily Media Sentiment Rating of 0.10
News articles about Zuora (NYSE:ZUO) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Zuora earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news articles about the company an impact score of 48.153299237276 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Zuora Inc (ZUO) CFO Sells $8,878,872.29 in Stock (americanbankingnews.com)
- Zuora Inc (ZUO) President Sells $885,780.00 in Stock (americanbankingnews.com)
- Rolling Stocks: Patterson Companies, Inc., (NASDAQ: PDCO), Zuora, Inc., (NYSE: ZUO) (globalexportlines.com)
- Lookout for Volatility – Zuora Inc. (NYSE: ZUO) (stockspen.com)
- Enslaving Stocks: Enterprise Products Partners LP, (NYSE: EPD), Zuora, Inc., (NYSE: ZUO) (nysetradingnews.com)
Shares of NYSE ZUO opened at $25.53 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.12 and a quick ratio of 2.12. Zuora has a one year low of $18.75 and a one year high of $37.78.
Several research analysts recently weighed in on the company. Canaccord Genuity upped their price target on Zuora from $26.00 to $28.00 and gave the company a “hold” rating in a research report on Friday, August 31st. Needham & Company LLC boosted their target price on Zuora from $33.00 to $38.00 and gave the company a “buy” rating in a research note on Wednesday, August 29th. They noted that the move was a valuation call. Morgan Stanley restated a “hold” rating and issued a $24.00 target price on shares of Zuora in a research note on Thursday, June 7th. Jefferies Financial Group boosted their target price on Zuora to $35.00 and gave the company a “buy” rating in a research note on Friday, August 31st. Finally, Zacks Investment Research upgraded Zuora from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a research note on Sunday, July 8th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $29.17.
In other Zuora news, Director Michelangelo Volpi sold 28,780 shares of the business’s stock in a transaction dated Wednesday, September 5th. The stock was sold at an average price of $26.30, for a total value of $756,914.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Tyler Sloat sold 344,009 shares of the business’s stock in a transaction dated Wednesday, September 5th. The shares were sold at an average price of $25.81, for a total value of $8,878,872.29. The disclosure for this sale can be found here. Insiders sold 406,989 shares of company stock worth $10,521,566 in the last 90 days.
Zuora Company Profile
Zuora, Inc 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 intelligent subscription management hub that automates the subscription order-to-cash process, including quoting, billing, collections, analytics, and revenue recognition.
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