Zuora (ZUO) to Release Quarterly Earnings on Wednesday

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

Zuora Price Performance

Shares of ZUO stock opened at $10.02 on Monday. The stock’s fifty day moving average is $9.97 and its 200-day moving average is $9.51. 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 stock has a market capitalization of $1.54 billion, a PE 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.

Insider Activity at Zuora

In related news, insider Peter Hirsch sold 19,469 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $9.97, for a total value of $194,105.93. Following the transaction, the insider now owns 24,146 shares in the company, valued at $240,735.62. This trade represents a 44.64 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Tien Tzuo sold 48,569 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $9.93, for a total value of $482,290.17. Following the completion of the transaction, the chief executive officer now owns 110,576 shares in the company, valued at approximately $1,098,019.68. This represents a 30.52 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 207,868 shares of company stock worth $2,064,908 over the last 90 days. 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.