In last trading session, Sumo Logic, Inc. (NASDAQ:SUMO) saw 1,367,940 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $22.62 trading at $0.61 or 2.77% at ring of the bell on the day assigns it a market valuation of $2.23 Billion. That closing price of SUMO’s stock is at a discount of -25.77% from its 52-week high price of $28.45 and is indicating a premium of 7.12% from its 52-week low price of $21.01. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.05 Million shares which gives us an average trading volume of 2.32 Million if we extend that period to 3-months.
For Sumo Logic, Inc. (SUMO), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 0. Splitting up the data highlights that, out of 8 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 5 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.24 in the current quarter.
Sumo Logic, Inc. (NASDAQ:SUMO) trade information
Wall Street analysts have assigned a consensus price target of $28.29 to the stock, which implies a rise of 25.07% to its current value. Analysts have been projecting $24 as a low price target for the stock while placing it at a high target of $31. It follows that stock’s current price would jump +37.05% in reaching the projected high whereas dropping to the targeted low would mean a loss of 6.1% for stock’s current value.
Sumo Logic, Inc. (SUMO) estimates and forecasts
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $49.09 Million for the same. And 7 analysts are in estimates of company making revenue of $50.82 Million in the next quarter that will end in January 01, 2021.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -92.8% while estimates for its earnings growth in next 5 years are of 0%