Sumo Logic (SUMO) Stock Price, News & Analysis

Company Overview

Sumo Logic, Inc. provides cloud-native software-as-a-service platform that enables organizations to address the challenges and opportunities presented by digital transformation, modern applications, and cloud computing worldwide. It offers Continuous Intelligence Platform, a cloud-native, multi-tenant, and secure service that leverages to enable reliability and security of cloud applications and workloads. The company also provides observability solution, an out-of-the-box solution for managing their application reliability for cloud applications; and security solution that helps developers, security analysts, and security operation centers that detect threats, perform security analysis and forensics, and automate security responses to remediate against those threats for cloud applications. The company was incorporated in 2010 and is headquartered in Redwood City, California.

Key Stats

• Today's Range: $12.04 to $12.04
• 50-Day Range: $12.00 to $12.05
• 52-Week Range: $6.43 to $12.60
• Volume: 786 shs
• Average Volume: 2.73 million shs
• Market Capitalization: $1.49 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SUMO Stock Analysis - Frequently Asked Questions

How were Sumo Logic's earnings last quarter?

Sumo Logic, Inc. (NASDAQ:SUMO) posted its quarterly earnings data on Sunday, December, 5th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.02. The firm's quarterly revenue was up 19.6% on a year-over-year basis.

When did Sumo Logic IPO?

Sumo Logic (SUMO) raised $281 million in an initial public offering on Thursday, September 17th 2020. The company issued 14,800,000 shares at $17.00-$21.00 per share. Morgan Stanley, JPMorgan, RBC Capital Markets and Jefferies served as the underwriters for the IPO and William Blair, Cowen, Piper Sandler and BTIG were co-managers.

What other stocks do shareholders of Sumo Logic own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sumo Logic investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), CrowdStrike (CRWD), Broadcom (AVGO), Netflix (NFLX) and Palo Alto Networks (PANW).

Company Calendar

• Last Earnings: 12/05/2021
• Today: 12/22/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: N/A
• Current Symbol: NASDAQ:SUMO
• CUSIP: N/A
• CIK: 1643269
• Web: www.sumologic.com
• Phone: 650-670-8002
• Fax: N/A
• Employees: 943
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($1.06)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-124,820,000.00
• Net Margins: -41.51%
• Pretax Margin: -40.58%
• Return on Equity: -25.88%
• Return on Assets: -17.13%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.00
• Quick Ratio: 2.00

Sales & Book Value

• Annual Sales: $300.67 million
• Price / Sales: 4.97
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.13 per share
• Price / Book: 3.85

Miscellaneous

• Outstanding Shares: 124,088,000
• Free Float: 114,781,000
• Market Cap: $1.49 billion
• Optionable: Not Optionable
• Beta: 1.30