Domo (DOMO) Stock Price, News & Analysis

Company Overview

Domo, Inc., together with its subsidiaries, operates a cloud-based business intelligence platform in North America, Western Europe, Canada, Australia, and Japan. Its platform digitally connects from the chief executive officer to the frontline employee with the various people, data, and systems in an organization, as well as giving them access to real-time data and insights, and allowing them to manage business via various browsers and visualization engines accessible across laptops, TV screens, monitors, tablets, and smartphones. The company was formerly known as Domo Technologies, Inc. and changed its name to Domo, Inc. in December 2011. Domo, Inc. was incorporated in 2010 and is headquartered in American Fork, Utah.

Key Stats

• Today's Range: $8.54 to $8.84
• 50-Day Range: $6.80 to $9.11
• 52-Week Range: $6.11 to $12.23
• Volume: 139,210 shs
• Average Volume: 241,544 shs
• Market Capitalization: $339.56 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $9.60
• Consensus Rating: Hold

Domo Stock Analysis - MarketRank™

Domo scored higher than 59% of companies evaluated by MarketBeat, and ranked 332nd out of 649 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Domo has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Domo has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Domo are expected to grow in the coming year, from ($2.31) to ($2.00) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Domo is -4.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Domo is -4.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.33% of the float of Domo has been sold short.

Short Interest Ratio / Days to Cover

Domo has a short interest ratio ("days to cover") of 5.9.

Change versus previous month

Short interest in Domo has recently decreased by 24.33%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Domo does not currently pay a dividend.

Dividend Growth

Domo does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.3 / 5
• Environmental Score: -0.69

Percentage of Shares Shorted

6.33% of the float of Domo has been sold short.

Short Interest Ratio / Days to Cover

Domo has a short interest ratio ("days to cover") of 5.9.

Change versus previous month

Short interest in Domo has recently decreased by 24.33%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: N/A

News Sentiment

Domo has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Domo this week, compared to 6 articles on an average week.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Domo insiders have bought more of their company's stock than they have sold. Specifically, they have bought $69,900.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

14.04% of the stock of Domo is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

76.64% of the stock of Domo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DOMO Stock Analysis - Frequently Asked Questions

How have DOMO shares performed this year?

Domo's stock was trading at $10.29 at the beginning of the year. Since then, DOMO shares have decreased by 14.6% and is now trading at $8.79.
View the best growth stocks for 2024 here.

How were Domo's earnings last quarter?

Domo, Inc. (NASDAQ:DOMO) released its quarterly earnings data on Thursday, August, 29th. The company reported ($0.07) EPS for the quarter, beating analysts' consensus estimates of ($0.29) by $0.22. The company's quarterly revenue was down 1.6% on a year-over-year basis.

When did Domo IPO?

Domo (DOMO) raised $189 million in an IPO on Friday, June 29th 2018. The company issued 9,200,000 shares at a price of $19.00-$22.00 per share. Morgan Stanley, Allen & Company, Credit Suisse and UBS Securities acted as the underwriters for the IPO and William Blair, JMP Securities and Cowen were co-managers.

Who are Domo's major shareholders?

Domo's top institutional shareholders include Geode Capital Management LLC (1.97%), State Street Corp (1.94%), Jacobs Levy Equity Management Inc. (1.68%) and Clearline Capital LP (1.14%). Insiders that own company stock include Joshua G James, Daniel David Daniel III, Daren Thayne, John M Mellor, Catherine Wong, David R Jolley, Bruce C Jr Felt and John R Pestana.
View institutional ownership trends.

How do I buy shares of Domo?

Shares of DOMO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Domo own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Domo investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Visa (V).

Company Calendar

• Last Earnings: 8/29/2024
• Today: 11/20/2024
• Next Earnings (Estimated): 12/05/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:DOMO
• CUSIP: N/A
• CIK: 1505952
• Web: www.domo.com
• Phone: (801) 899-1000
• Fax: 801-805-9501
• Employees: 920
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.60
• High Stock Price Target: $16.00
• Low Stock Price Target: $7.00
• Potential Upside/Downside: +9.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.16)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-75,570,000.00
• Net Margins: -25.32%
• Pretax Margin: -24.97%
• Return on Equity: N/A
• Return on Assets: -38.46%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.57
• Quick Ratio: 0.57

Sales & Book Value

• Annual Sales: $318.99 million
• Price / Sales: 1.06
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($4.16) per share
• Price / Book: -2.11

Miscellaneous

• Outstanding Shares: 38,630,000
• Free Float: 33,207,000
• Market Cap: $339.56 million
• Optionable: Optionable
• Beta: 2.43