nCino (NASDAQ:NCNO – Get Free Report) will issue its quarterly earnings data after the market closes on Tuesday, August 27th. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
nCino (NASDAQ:NCNO – Get Free Report) last released its quarterly earnings results on Wednesday, May 29th. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $128.09 million during the quarter, compared to the consensus estimate of $126.59 million. nCino had a positive return on equity of 1.13% and a negative net margin of 6.94%. On average, analysts expect nCino to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
nCino Price Performance
Shares of NCNO opened at $35.00 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.10. nCino has a twelve month low of $27.13 and a twelve month high of $37.48. The stock has a market capitalization of $4.03 billion, a P/E ratio of -112.90, a P/E/G ratio of 17.54 and a beta of 0.59. The company has a 50 day moving average of $32.21 and a 200-day moving average of $31.40.
Insider Activity
Analysts Set New Price Targets
Several brokerages have issued reports on NCNO. William Blair reiterated an “outperform” rating on shares of nCino in a research note on Wednesday, June 26th. Piper Sandler reiterated an “overweight” rating and set a $38.00 target price on shares of nCino in a report on Monday, July 1st. Needham & Company LLC reissued a “buy” rating and set a $42.00 price target on shares of nCino in a research report on Thursday, May 30th. Stephens reiterated an “equal weight” rating and set a $35.00 price objective on shares of nCino in a research note on Thursday, May 30th. Finally, Robert W. Baird decreased their target price on shares of nCino from $37.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, May 30th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $37.31.
Check Out Our Latest Analysis on NCNO
nCino Company Profile
nCino, Inc, a software-as-a-service company, provides cloud-based software applications to financial institutions in the United States and internationally. Its nCino Bank Operating System connects financial institution employees, clients and third parties on a single cloud-based platform which include client onboarding, deposit account opening, loan origination, end-to-end mortgage suite, and powerful ecosystem.
Featured Articles
- Five stocks we like better than nCino
- What Are the FAANG Stocks and Are They Good Investments?
- CAVA Stock Rallies as Earnings Confirm It’s a Top Growth Play
- What Are Dividends? Buy the Best Dividend Stocks
- 3 High Short-Interest Stocks Poised for a Rate Cut Squeeze
- Low PE Growth Stocks: Unlocking Investment Opportunities
- MarketBeat Week in Review – 8/19 – 8/23
Receive News & Ratings for nCino Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for nCino and related companies with MarketBeat.com's FREE daily email newsletter.