Zuora (ZUO) Expected to Announce Earnings on Wednesday

Zuora (NYSE:ZUO) is projected to issue its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $117.31 million for the quarter.

Zuora Price Performance

ZUO stock opened at $10.02 on Tuesday. The company has a current ratio of 2.62, a quick ratio of 2.62 and a debt-to-equity ratio of 2.00. Zuora has a 1 year low of $7.70 and a 1 year high of $10.85. The company has a fifty day simple moving average of $9.97 and a 200 day simple moving average of $9.52. The firm has a market cap of $1.54 billion, a PE ratio of -20.45 and a beta of 1.67.

Insider Activity at Zuora

In related news, CRO Robert J. Traube sold 60,885 shares of Zuora stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $9.93, for a total value of $604,588.05. Following the completion of the sale, the executive now owns 168,906 shares of the company’s stock, valued at approximately $1,677,236.58. The trade was a 26.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Matthew R. Dobson sold 2,908 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $9.93, for a total transaction of $28,876.44. Following the transaction, the chief accounting officer now directly owns 83,958 shares of the company’s stock, valued at approximately $833,702.94. This represents a 3.35 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 207,868 shares of company stock valued at $2,064,908. Insiders own 8.62% of the company’s stock.

About Zuora

Zuora, Inc provides a monetization suite for modern businesses to help companies launch and scale new services and operate dynamic customer-centric business models. The company offers Zuora Billing that allows customers to deploy various pricing and packaging strategies to monetize their recurring revenue streams, bill customers, calculate prorations when subscriptions change, and automate billing and payment operations; Zuora Revenue, a revenue recognition and automation solution that accounting teams use to manage their complex revenue streams; Zuora Payments to provide payment orchestration services for companies looking to operate globally; and Zephr, a digital subscriber experience platform that helps companies orchestrate dynamic experiences that increase conversion, reduce churn, and nurture ongoing subscriber relationships.