In the last trading session, 1.59 million shares of the Domo Inc (NASDAQ:DOMO) were traded, and its beta was 1.72. Most recently the company’s share price was $12.88, and it changed around $1.53 or 13.48% from the last close, which brings the market valuation of the company to $517.83M. DOMO currently trades at a discount to its 52-week high of $11.68, offering almost 9.32% off that amount. The share price’s 52-week low was $6.01, which indicates that the current value has risen by an impressive 53.34% since then. We note from Domo Inc’s average daily trading volume that its 10-day average is 0.99 million shares, with the 3-month average coming to 443.46K.
Domo Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.20. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 4 recommended DOMO as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Domo Inc is expected to report earnings per share of -0.05 for the current quarter.
Domo Inc (NASDAQ:DOMO) trade information
Instantly DOMO has showed a green trend with a performance of 13.48% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 13.00 on recent trading dayincreased the stock’s daily price by 0.92%. The company’s shares are currently up 81.92% year-to-date, but still up 47.88% over the last five days. On the other hand, Domo Inc (NASDAQ:DOMO) is 71.73% up in the 30-day period. We can see from the shorts that 1.65 million shares have been sold at a short interest cover period of 3.99 day(s).
The consensus price target as assigned by Wall Street analysts is $8.25, which translates to bulls needing to decrease their stock price by -56.12% from its current value. Analyst projections state that DOMO is forecast to be at a low of $8 and a high of $8.5.
Domo Inc (DOMO) estimates and forecasts
The year-over-year growth rate is expected to be -0.28%, down from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 77.97M in revenue for the current quarter. 5 analysts expect Domo Inc to make 79.39M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 78.41M and 79.76M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -0.55%. Forecasts for the next quarter put sales growth at -0.47%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 14.16%.
DOMO Dividends
Domo Inc’s next quarterly earnings report is expected to be released on 2025-May-20.
Domo Inc (NASDAQ:DOMO)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 7.88% of Domo Inc shares, and 68.95% of them are in the hands of institutional investors. The stock currently has a share float of 74.85%. Domo Inc stock is held by 175.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 13.0477% of the shares, which is about 5.01 million shares worth $38.67 million.
BLACKROCK INC., with 8.5276% or 3.27 million shares worth $25.27 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 972.64 shares worth $12.53 million, making up 2.63% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 924.55 shares worth around $11.91 million, which represents about 2.50% of the total shares outstanding.
