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Asana (ASAN)
NYSE:ASAN
Asana (ASAN) Stock Price & Analysis
1,621 Followers
ASAN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.29 - $24.81
Previous Close$14.41
Volume1.21M
Average Volume (3M)2.22M
Market Cap
$3.29B
Enterprise Value$3.30B
Total Cash (Recent Filing)$268.31M
Total Debt (Recent Filing)$282.63M
Price to Earnings (P/E)―
Beta2.41
Next Earnings
Sep 04, 2024EPS Estimate
-$0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.16
Shares Outstanding228,104,450
10 Day Avg. Volume3,079,945
30 Day Avg. Volume2,217,002
Standard Deviation0.23
R-Squared0.07
Alpha-0.00786
Financial Highlights & Ratios
Price to Book (P/B)9.00
Price to Sales (P/S)12.45
Price to Cash Flow (P/CF)-90.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.23
Enterprise Value/Gross Profit6.73
Enterprise Value/Ebitda-12.61
Forecast
1Y Price Target
$16.00Price Target Upside11.03% Upside
Rating ConsensusHold
Number of Analyst Covering13
Asana News
PremiumThe Fly
Asana rises 9.0%
PremiumThe Fly
Asana rises 8.4%
PremiumCompany Announcements
Asana Announces $150 Million Stock Buyback ProgramBulls Say, Bears Say
Bulls Say
Financial PerformanceAsana reported better than expected results, provided guidance above consensus and offered constructive commentary on demand and pipeline trends.
Market OpportunityAsana offers a differentiated solution for work management in the enterprise that addresses a $10 billion opportunity within its core customer base.
Share Repurchase ProgramAsana will repurchase up to $150mn (~6% of the company’s current market cap) in shares, which should provide incremental valuation support.
Bears Say
Customer RetentionNet revenue retention for $5k+ and $100k+ customers decreased to 102% and 108% from 105% and 115% in the prior quarter.
Financial PerformanceMetrics continued to decelerate in FQ1 and op margins are still a negative 9%.
Industry ChallengesMacro and AI budget disruptions have surfaced as additional headwinds to growth across the broader application software industry.
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Ownership Overview
49.82% Insiders
11.39% Mutual Funds
12.35% Other Institutional Investors
26.44% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Asana
Desktop Users
Mobile Users
ASAN FAQ
What was Asana’s price range in the past 12 months?
Asana lowest stock price was $11.29 and its highest was $24.81 in the past 12 months.
What is Asana’s market cap?
Currently, no data Available
When is Asana’s upcoming earnings report date?
Asana’s upcoming earnings report date is Sep 04, 2024 which is in 44 days.
How were Asana’s earnings last quarter?
Asana released its earnings results on May 30, 2024. The company reported -$0.06 earnings per share for the quarter, beating the consensus estimate of -$0.082 by $0.022.
Is Asana overvalued?
According to Wall Street analysts Asana’s price is currently Undervalued.
Does Asana pay dividends?
Asana does not currently pay dividends.
What is Asana’s EPS estimate?
Asana’s EPS estimate is -$0.08.
How many shares outstanding does Asana have?
Asana has 142,617,770 shares outstanding.
What happened to Asana’s price movement after its last earnings report?
Asana reported an EPS of -$0.06 in its last earnings report, beating expectations of -$0.082. Following the earnings report the stock price went down -0.609%.
Which hedge fund is a major shareholder of Asana?
Among the largest hedge funds holding Asana’s share is Gilder Gagnon Howe & Co LLC.. It holds Asana’s shares valued at 23M.
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Asana Stock Smart Score
Unlock Smart Score
1
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$16.00 (11.03% Upside)
$16.00 (11.03% Upside)
Blogger Sentiment
Neutral
ASAN Sentiment 52%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 271.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $736.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 3.3%
Last 30 Days ▼ 3.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-39.14%
12-Months-Change
Fundamentals
Return on Equity
-77.63%
Trailing 12-Months
Asset Growth
-0.62%
Trailing 12-Months
Company Description
Asana
Asana Inc is a software company. The company provides platform for work management that helps teams orchestrate work, from daily tasks to cross-functional strategic initiatives. It helps plan marketing campaigns, streamline processes, manage sales, and manage product launches. Also, the company provides project management and workflow management solutions.
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ASAN Company Deck
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ASAN Earnings Call
Q1 2024
0:00 / 0:00
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ASAN Revenue Breakdown
61.00% U.S.
39.00% International
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ASAN Stock 12 Month Forecast
Average Price Target
$16.00
▲(11.03% Upside)
Technical Analysis
Best Analysts Covering ASAN
1 Year
1 Year Success Rate
8/12 ratings generated profit
1 Year Average Return
+1.85%
reiterated a sell rating 2 months ago
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