Procore Technologies Inc (PCOR) is ready for next Episode as it posted an annual sales of 950,010 K

Procore Technologies Inc (NYSE: PCOR) on Friday, plunged -1.79% from the previous trading day, before settling in for the closing price of $84.51. Within the past 52 weeks, PCOR’s price has moved between $49.46 and $86.67.

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Annual sales at Technology sector company grew by 38.80% over the past five years. The company achieved an average annual earnings per share of 248.25%. With a float of $136.71 million, this company’s outstanding shares have now reached $148.66 million.

Let’s look at the performance matrix of the company that is accounted for 3694 employees. In terms of profitability, gross margin is 81.29%, operating margin of -9.26%, and the pretax margin is -6.5%.

Procore Technologies Inc (PCOR) Insider Updates

Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Procore Technologies Inc is 8.05%, while institutional ownership is 89.29%. The most recent insider transaction that took place on Nov 25 ’24, was worth 507,065. In this transaction Director of this company sold 6,500 shares at a rate of $78.01, taking the stock ownership to the 23,932 shares. Before that another transaction happened on Nov 25 ’24, when Company’s Director proposed sale 6,500 for $78.01, making the entire transaction worth $507,043.

Procore Technologies Inc (PCOR) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.26 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 248.25% per share during the next fiscal year.

Procore Technologies Inc (NYSE: PCOR) Trading Performance Indicators

Procore Technologies Inc (PCOR) is currently performing well based on its current performance indicators. A quick ratio of 1.57 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.92. Likewise, its price to free cash flow for the trailing twelve months is 77.61.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.50, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 1.22 in one year’s time.

Technical Analysis of Procore Technologies Inc (PCOR)

Procore Technologies Inc (NYSE: PCOR) saw its 5-day average volume 3.48 million, a positive change from its year-to-date volume of 1.65 million. As of the previous 9 days, the stock’s Stochastic %D was 79.95%. Additionally, its Average True Range was 2.64.

During the past 100 days, Procore Technologies Inc’s (PCOR) raw stochastic average was set at 90.14%, which indicates a significant increase from 80.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.71% in the past 14 days, which was lower than the 47.51% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $68.31, while its 200-day Moving Average is $67.82. Nevertheless, the first resistance level for the watch stands at $85.33 in the near term. At $87.66, the stock is likely to face the second major resistance level. The third major resistance level sits at $89.58. If the price goes on to break the first support level at $81.08, it is likely to go to the next support level at $79.16. Assuming the price breaks the second support level, the third support level stands at $76.83.

Procore Technologies Inc (NYSE: PCOR) Key Stats

Market capitalization of the company is 12.12 billion based on 148,664K outstanding shares. Right now, sales total 950,010 K and income totals -189,690 K. The company made 295,890 K in profit during its latest quarter, and -26,390 K in sales during its previous quarter.