Zuora (NYSE:ZUO) Releases Q2 Earnings Guidance

Zuora (NYSE:ZUO) issued an update on its second quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.09-0.10 for the period, compared to the consensus earnings per share estimate of $0.09. The company issued revenue guidance of $111.5-113.5 million, compared to the consensus revenue estimate of $112.34 million. Zuora also updated its FY 2025 guidance to 0.410-0.430 EPS.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ZUO. Lake Street Capital boosted their price objective on Zuora from $12.00 to $13.00 and gave the stock a buy rating in a report on Thursday. Jefferies Financial Group increased their price target on shares of Zuora from $9.00 to $10.00 and gave the stock a hold rating in a report on Thursday. Robert W. Baird dropped their price objective on shares of Zuora from $10.00 to $8.00 and set a neutral rating for the company in a report on Thursday, February 29th. Canaccord Genuity Group reissued a buy rating and issued a $13.00 target price on shares of Zuora in a research note on Thursday. Finally, Needham & Company LLC reaffirmed a buy rating and set a $15.00 price target on shares of Zuora in a research note on Thursday. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of Moderate Buy and an average target price of $11.83.

Zuora Price Performance

Shares of NYSE:ZUO opened at $10.20 on Friday. The company has a quick ratio of 2.43, a current ratio of 2.43 and a debt-to-equity ratio of 2.69. The stock has a market cap of $1.49 billion, a PE ratio of -23.72 and a beta of 1.84. The company’s fifty day moving average is $9.45 and its 200 day moving average is $8.92. Zuora has a 52 week low of $7.05 and a 52 week high of $12.12.

Zuora (NYSE:ZUO) last released its earnings results on Wednesday, February 28th. The company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.10. Zuora had a negative return on equity of 31.10% and a negative net margin of 14.28%. The company had revenue of $110.67 million during the quarter, compared to analyst estimates of $110.80 million. Research analysts anticipate that Zuora will post -0.14 earnings per share for the current year.

Insider Activity

In related news, CEO Tien Tzuo sold 239,198 shares of Zuora stock in a transaction on Wednesday, April 17th. The shares were sold at an average price of $9.44, for a total value of $2,258,029.12. Following the transaction, the chief executive officer now directly owns 6,352 shares of the company’s stock, valued at $59,962.88. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, CEO Tien Tzuo sold 239,198 shares of the firm’s stock in a transaction dated Wednesday, April 17th. The stock was sold at an average price of $9.44, for a total value of $2,258,029.12. Following the sale, the chief executive officer now directly owns 6,352 shares of the company’s stock, valued at $59,962.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CRO Robert J. Traube sold 54,682 shares of the company’s stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $8.61, for a total value of $470,812.02. Following the transaction, the executive now directly owns 51,428 shares of the company’s stock, valued at approximately $442,795.08. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 481,854 shares of company stock valued at $4,393,048. 8.62% of the stock is currently owned by company insiders.

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.