Domo Inc. (NASDAQ: DOMO) Is Up 12.96% From Its 52-Week Low; YTD, It Is Down -31.78% – What To Do Now

During the last session, Domo Inc. (NASDAQ:DOMO)’s traded shares were 0.65 million, with the beta value of the company hitting 2.46. At the end of the trading day, the stock’s price was $7.02, reflecting an intraday gain of 0.29% or $0.02. The 52-week high for the DOMO share is $12.23, that puts it down -74.22 from that peak though still a striking 12.96% gain since the share price plummeted to a 52-week low of $6.11. The company’s market capitalization is $271.18M, and the average intraday trading volume over the past 10 days was 0.37 million shares, and the average trade volume was 356.25K shares over the past three months.

Domo Inc. (DOMO) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.60. DOMO has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.15.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Domo Inc. (NASDAQ:DOMO) trade information

Domo Inc. (DOMO) registered a 0.29% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.29% in intraday trading to $7.02, hitting a weekly high. The stock’s 5-day price performance is -4.36%, and it has moved by -14.44% in 30 days. Based on these gigs, the overall price performance for the year is -30.84%. The short interest in Domo Inc. (NASDAQ:DOMO) is 2.16 million shares and it means that shorts have 6.51 day(s) to cover.

The consensus price target of analysts on Wall Street is $11.45, which implies an increase of 38.69% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $30 respectively. As a result, DOMO is trading at a discount of -327.35% off the target high and 0.28% off the low.

Domo Inc. (DOMO) estimates and forecasts

Statistics show that Domo Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Domo Inc. (DOMO) shares have gone down -25.79% during the last six months, with a year-to-date growth rate less than the industry average at -184.00% against 18.10. In the rating firms’ projections, revenue will decrease -1.60% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 77.54M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 78.06M by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 25.98%. While earnings are projected to return -188.00% in 2024.

DOMO Dividends

Domo Inc. is due to release its next quarterly earnings on 2024-Nov-28. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Domo Inc. (NASDAQ:DOMO)’s Major holders

Domo Inc. insiders own 6.31% of total outstanding shares while institutional holders control 69.63%, with the float percentage being 74.32%. VANGUARD GROUP INC is the largest shareholder of the company, while 178.0 institutions own stock in it. As of 2024-06-30, the company held over 5.01 million shares (or 13.3635% of all shares), a total value of $38.67 million in shares.

The next largest institutional holding, with 3.27 million shares, is of BLACKROCK INC.’s that is approximately 8.734% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $25.27 million.