Zuora (ZUO) Expected to Announce Earnings on Wednesday

Zuora (NYSE:ZUO - Get Free Report) is anticipated to announce its earnings results 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 Stock Performance

ZUO stock remained flat at $10.02 during trading hours on Friday. The company has a debt-to-equity ratio of 2.00, a quick ratio of 2.62 and a current ratio of 2.62. The firm has a market capitalization of $1.54 billion, a P/E ratio of -20.45 and a beta of 1.67. Zuora has a 52 week low of $7.70 and a 52 week high of $10.85. The business has a fifty day moving average of $9.97 and a two-hundred day moving average of $9.49.

Insiders Place Their Bets

In related news, insider Peter Hirsch sold 19,469 shares of the company's stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $9.97, for a total transaction of $194,105.93. Following the completion of the sale, the insider now directly owns 24,146 shares of the company's stock, valued at approximately $240,735.62. This represents a 44.64 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Tien Tzuo sold 48,569 shares of the company'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 $482,290.17. Following the sale, the chief executive officer now directly owns 110,576 shares of the company's stock, valued at approximately $1,098,019.68. This represents a 30.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 207,868 shares of company stock valued at $2,064,908 over the last ninety days. Corporate 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.