In last trading session, Domo Inc. (NASDAQ:DOMO) saw 1.04 million shares changing hands with its beta currently measuring 2.34. Company’s recent per share price level of $9.46 trading at -$0.13 or -1.36% at ring of the bell on the day assigns it a market valuation of $346.43M. That closing price of DOMO’s stock is at a discount of -92.28% from its 52-week high price of $18.19 and is indicating a premium of 17.76% from its 52-week low price of $7.78. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.57 million shares which gives us an average trading volume of 388.79K if we extend that period to 3-months.
Domo Inc. (NASDAQ:DOMO) trade information
Upright in the red during last session for losing -1.36%, in the last five days DOMO remained trading in the green while hitting it’s week-highest on Monday, 03/18/24 when the stock touched $9.46 price level, adding 2.67% to its value on the day. Domo Inc.’s shares saw a change of -8.07% in year-to-date performance and have moved 1.72% in past 5-day. Domo Inc. (NASDAQ:DOMO) showed a performance of -12.73% in past 30-days. Number of shares sold short was 1.15 million shares which calculate 3.08 days to cover the short interests.
Domo Inc. (DOMO) estimates and forecasts
Statistics highlight that Domo Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -6.80% of value to its shares in past 6 months, showing an annual growth rate of 48.00% while that of industry is 20.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 17.60% in the current quarter and calculating -100.00% decrease in the next quarter. This year revenue growth is estimated to rise 0.10% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $79.49 million for the same. And 4 analysts are in estimates of company making revenue of $79.75 million in the next quarter that will end on Jul 2024.
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 25.98% during past 5 years.
DOMO Dividends
Domo Inc. is more likely to be releasing its next quarterly report between May 23 and May 27 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Domo Inc. (NASDAQ:DOMO)’s Major holders
Insiders are in possession of 4.56% of company’s total shares while institution are holding 71.32 percent of that, with stock having share float percentage of 74.73%. Investors also watch the number of corporate investors in a company very closely, which is 71.32% institutions for Domo Inc. that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at DOMO for having 4.35 million shares of worth $63.83 million. And as of Jun 29, 2023, it was holding 13.27% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 3.41 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 10.40% of outstanding shares, having a total worth of $50.06 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Strategic Equity Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 0.9 million shares of worth $13.2 million or 2.74% of the total outstanding shares. The later fund manager was in possession of 0.79 million shares on Jun 29, 2023, making its stake of worth around $11.62 million in the company or a holder of 2.41% of company’s stock.
