Finny logo
Finny logo
Dibs:
Dibs:
0

New Relic (NEWR) earnings: expect 30% revenue growth

12:54 pm ET, 09 May 2019

New Relic (NEWR) is announcing earnings on May 14 after the market closes. We combed through analyst estimates to understand what the company revenue and earnings are predicted to look like.

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $128M, which implies a 30% growth rate year-over-year.

Earnings per share are expected to come in at $0.06. If this materializes, EPS will decline -33% year-over-year.

How did the stock do last month?

Over the last month, New Relic (NEWR) returned +9.48%.

How is the stock valued?

New Relic (NEWR) forward P/E ratio is 121.74, and it’s high compared to its industry peers’ P/E ratios.

What do analysts say about the stock?

New Relic (NEWR) average analyst price target is 14.53% above its current price ($105.85).

For the latest price and information on New Relic, please visit Finstead and ask for "NEWR", "NEWR analysis" or "NEWR news".

New Relic, Inc. (NEWR) Stock Guide

Updated at: 7:55 am ET, 18 Sep 2020

Before we start: if you're looking for NEWR stock price, you can quickly find it out by visiting Finny and typing "NEWR quote". If you're looking for a quick scoop on NEWR stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "NEWR". You'll get all this info in one place. Or you can just type "NEWR news" to get the latest stock news.

Looking to buy or sell New Relic, Inc. (NEWR)? Interested in getting the full scoop on NEWR, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this NEWR stock guide, we'll address key questions about NEWR, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are NEWR earnings?
2. What is NEWR stock forecast (i.e., prediction)?
3. NEWR buy or sell? What is NEWR Finny Score?
4. What are the reasons to buy NEWR? Why should I buy NEWR stock?
5. What are the reasons to sell NEWR? Why should I sell NEWR stock?
6. What are NEWR key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are NEWR earnings?

NEWR trailing 12-month earnings per share (EPS) is -$1.75.

Analyst Predictions

2. What is NEWR stock forecast (i.e., prediction)?

Based on NEWR analyst price targets, NEWR stock forecast is $70.00 (for a year from now). That means the average analyst price target for NEWR stock is $70.00. The prediction is based on 14 analyst estimates.

The low price target for NEWR is $54.00, while the high price target is $89.00.

NEWR analyst rating is Buy.

Analysis

3. NEWR buy or sell? What is NEWR Finny Score?

#{finnyScore:63}Our quantitative analysis shows 5 reasons to buy and 3 reasons to sell NEWR, resulting in Finny Score of 63.

4. What are the reasons to buy NEWR? Why should I buy NEWR stock?

Here are the reasons to buy NEWR stock:

5. What are the reasons to sell NEWR? Why should I sell NEWR stock?

Let's look at the reasons to sell NEWR stock (i.e., the bear case):

  • NEWR PEG ratio (P/E adjusted for growth) is 47.91, which is high compared to its industry peers’ PEG ratios. See NEWR PEG chart.
  • NEWR short share of float is 15.70%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See NEWR short share of float chart.
  • NEWR short interest (days to cover the shorts) ratio is 5.5. The stock garners more short interest than the average industry, sector or S&P 500 stock. See NEWR short interest ratio chart.

Key Stats

6. What are NEWR key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for NEWR:

Metrics NEWR
Price $62.10
Average Price Target / Upside $69.29 / 11.57%
Average Analyst Rating Buy
Forward Dividend Yield 0.00%
Industry Software - Infrastructure
Sector Technology
Number of Employees 1,627
Market Cap $3.87B
Forward P/E Ratio 207.32
Price/Book Ratio 6.23
Revenue (TTM) $621.08M
YoY Quarterly Revenue Growth 15.30%
Profit Margin -16.67%

If you liked this analysis, check out Stock Guides for other stocks.

Follow Us