New Relic (NEWR) Stock Price, News & Analysis

Company Overview

New Relic, Inc., a software-as-a-service company, delivers a software platform for customers to collect telemetry data and derive insights from that data in a unified front-end application. It offers a suite of products on its open and extensible cloud-based platform, which enables users to collect, store, and analyze telemetry data. The company's platform also provides New Relic Instant Observability, an open-source ecosystem of quickstarts that delivers pre-built integrations, dashboards, and alerts for approximately 450 technologies and frameworks; and supports custom app development through common open-source frameworks, a library of existing applications, and a development environment. It sells its products through direct sales organizations, and online and offline sales in the United States and internationally. New Relic, Inc. was founded in 2007 and is headquartered in San Francisco, California.

Key Stats

• Today's Range: $86.97 to $87.01
• 50-Day Range: $85.43 to $86.99
• 52-Week Range: $50.30 to $87.01
• Volume: 4.22 million shs
• Average Volume: 1.04 million shs
• Market Capitalization: $6.18 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

New Relic Stock Analysis - MarketRank™

New Relic scored higher than 16% of companies evaluated by MarketBeat, and ranked 592nd out of 647 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for New Relic.

Earnings and Valuation

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

Earnings Growth

Earnings for New Relic are expected to grow in the coming year, from ($0.71) to ($0.40) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of New Relic is -41.62, 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 New Relic is -41.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

New Relic has a P/B Ratio of 15.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NEWR.

Dividend

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

Dividend Yield

New Relic does not currently pay a dividend.

Dividend Growth

New Relic does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.3 / 5
• Environmental Score: -0.63

Short Interest

There is no current short interest data available for NEWR.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.32

News Coverage This Week

MarketBeat has tracked 2 news articles for New Relic this week, compared to 2 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, New Relic insiders have not sold or bought any company stock.

Percentage Held by Insiders

23.00% of the stock of New Relic is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

85.93% of the stock of New Relic is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NEWR Stock Analysis - Frequently Asked Questions

How were New Relic's earnings last quarter?

New Relic, Inc. (NYSE:NEWR) issued its quarterly earnings data on Friday, October, 27th. The software maker reported $0.51 earnings per share for the quarter, beating analysts' consensus estimates of $0.39 by $0.12. The company's revenue was up 7.0% on a year-over-year basis.

When did New Relic IPO?

New Relic (NEWR) raised $95 million in an initial public offering on Friday, December 12th 2014. The company issued 5,000,000 shares at a price of $18.00-$20.00 per share. Morgan Stanley and J.P. Morgan served as the underwriters for the IPO and Allen & Company, UBS Securities, JMP Securities and Raymond James were co-managers.

What other stocks do shareholders of New Relic own?

Based on aggregate information from My MarketBeat watchlists, some other companies that New Relic investors own include NVIDIA (NVDA), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET), Broadcom (AVGO), CrowdStrike (CRWD) and PayPal (PYPL).

Company Calendar

• Last Earnings: 10/27/2023
• Today: 11/22/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: N/A
• Current Symbol: NYSE:NEWR
• CUSIP: N/A
• CIK: 1448056
• Web: www.newrelic.com
• Phone: (650) 777-7600
• Fax: 604-601-8279
• Employees: 2,663
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($2.09)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-180,250,000.00
• Net Margins: -14.92%
• Pretax Margin: -12.73%
• Return on Equity: -12.82%
• Return on Assets: -4.02%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.58
• Quick Ratio: 1.58

Sales & Book Value

• Annual Sales: $925.63 million
• Price / Sales: 6.67
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $5.46 per share
• Price / Book: 15.93

Miscellaneous

• Outstanding Shares: 71,020,000
• Free Float: 54,688,000
• Market Cap: $6.18 billion
• Optionable: Optionable
• Beta: 0.84