NEWR - New Relic, Inc.

NYSE - NYSE Delayed Price. Currency in USD
57.07
-0.43 (-0.75%)
At close: 4:01PM EDT

57.07 0.00 (0.00%)
After hours: 4:16PM EDT

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Previous Close57.50
Open58.07
Bid57.20 x 1200
Ask58.80 x 900
Day's Range57.02 - 58.41
52 Week Range55.60 - 113.34
Volume1,223,802
Avg. Volume1,264,658
Market Cap3.333B
Beta (3Y Monthly)0.59
PE Ratio (TTM)N/A
EPS (TTM)-0.88
Earnings DateNov 4, 2019 - Nov 8, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est91.77
Trade prices are not sourced from all markets
  • GuruFocus.com

    New Relic Inc (NEWR) CFO Mark Sachleben Sold $632,100 of Shares

    CFO of New Relic Inc (30-Year Financial, Insider Trades) Mark Sachleben (insider trades) sold 10,000 shares of NEWR on 08/13/2019 at an average price of $63.21 a share. Continue reading...

  • 10 Trending Stocks Based on Recent Analyst Activity
    TipRanks

    10 Trending Stocks Based on Recent Analyst Activity

    Investors are constantly looking for stocks that will hold up regardless of economic uncertainty. A good starting point is recent analyst activity. A ratings boost or a price target increase can give us a better sense as to whether a company has the potential to outperform the rest. Not to mention these changes can have an effect on share prices. For example, Salesforce.com (CRM) is up 2% after Compass Point initiated its coverage with a Buy on August 13.Here are 10 trending stocks based on recent analyst activity.       McDonald's Corporation (MCD)The fast food giant just received good news from MKM Partners. Brett Levy, a three-star analyst according to TipRanks, initiated his coverage of MCD with a Buy and set a $250 price target. He thinks share prices could increase by 15% over the next twelve months. “We believe that strong domestic and international sales growth is sustainable for the restaurant chain,” Levy explained on August 12. The analyst has an impressive 71% success rate.MCD boasts a ‘Strong Buy’ analyst consensus and a $230 price target, suggesting 6% upside potential. D.R. Horton Inc. (DHI)D.R. Horton is one of the largest home construction companies in the U.S. On August 12, SunTrust Robinson’s Rohit Seth initiated coverage with a Buy rating and set a $56 price target, suggesting 19% upside potential. “We see the stock as a premier large-cap homebuilder offering attractive cash generation with superior position in the rapidly growing entry-level segment. We expect D.R. Horton to outperform in the second half of this year with orders and price mix as the homebuilding industry growth accelerates thanks to lower interest rates,” he noted. The four-star analyst has a 58% success rate and gets a 12% average return per rating. The Street is bullish on DHI. The stock has a ‘Strong Buy’ analyst consensus and a $52 average price target, implying 12% upside. Humana Inc. (HUM)The health insurance provider just received a ratings boost from Cantor Fitzgerald analyst Steven Halper after it posted strong second quarter earnings results. On August 12, the five-star analyst upgraded the rating to a Buy and set a $345 price target, implying 17% upside potential. He argues that the company's strong 2Q19 results were fueled by continued success in Medicare Advantage and cost management. "MA continues to grow at a nice clip, and HUM’s recent Louisiana Medicaid contract award demonstrates its success outside Medicare. Importantly, we believe the company’s investments in population health management and social determinants of health will accelerate growth over time,” Halper added.The rest of the Street is cautiously optimistic. HUM has a ‘Moderate Buy’ analyst consensus and a $326 average price target, suggesting 10% upside potential. Walt Disney Company (DIS)Some investors have expressed concern regarding Disney's earnings miss. However, Credit Suisse’s Douglas Mitchelson stated, “While Disney [stock] has outperformed the S&P 500 by 8% YTD, we see scope for further upside to Disney+ investor sentiment into its U.S. launch. We see a number of positive catalysts the next few quarters and believe downside risks to Disney estimates are now well understood by investors." On August 8, he upgraded DIS to a Buy and raised the price target from $130 to $150, indicating 11% upside potential. The five-star analyst has a 61% success rate and gets an average return of 15%. DIS has a ‘Strong Buy’ analyst consensus and a $157 average price target, indicating 16% upside potential. PayPal Holdings, Inc. (PYPL)Jeff Cantwell, a five-star analyst, believes that the online payment company’s valuation represents an improved opportunity for investors. On August 13, the Guggenheim analyst upgraded PYPL from a Sell to a Hold. “We note the recent pullback in PYPL’s shares, which has occurred against a backdrop of increasing macro uncertainty; shares have now fallen below our prior $104 PT. We believe the current level probably better reflects PYPL’s fair value; in that context, we see risk/reward as being more balanced,” he explained. Cantwell has a 74% success rate and an average return of 16% per rating. The Street is optimistic about this stock. PYPL has a ‘Strong Buy’ analyst consensus and a $131 average price target, suggesting 27% upside potential. Roku Inc. (ROKU)On August 12, Needham’s Laura Martin gave the streaming platform a vote of confidence. The five-star analyst, reiterated her Buy rating and raised the price target from $120 to $150, suggesting 12% upside potential. The price target hike sent shares surging 7%. “Roku is an arms dealer in the streaming video space, as its hardware facilitates multiple streaming platforms. Roku is therefore able to present a highly targeted proposition to advertisers, as each new Roku user is assigned a unique device ID and all content viewed can be extracted for superior targeting,” she said. Martin has a 63% success rate and gets an average return of 21% per rating. Roku has a ‘Moderate Buy’ analyst consensus and an average price target of $115, implying 14% downside. Zendesk (ZEN)Zendesk provides customer service software and support ticketing services. After a second quarter that produced strong growth, the company received a boost from Compass Point analyst Marshall Senk on August 13. The five-star analyst initiated coverage with a Buy and set a $100 price target. He thinks share prices could soar by as much as 34% over the next twelve months. Senk has a 77% success rate and gets an average return of 22% per rating. The Street is also bullish on ZEN. It has a ‘Strong Buy’ analyst consensus and a $102 average price target, implying 38% upside potential. Creditcorp Limited (BAP)Creditcorp is the largest financial services holding company in Peru. The company just received a positive signal from J.P. Morgan after its August 9 Q2 earnings release. Three-star analyst, Domingos Falavina, upgraded BAP to a Buy and raised the price target from $232 to $250. He believes the stock could surge by 24% over the next twelve months. Falavina has a 70% success rate and gets an average return of 9% per rating. BAP has a ‘Moderate Buy’ analyst consensus and a $250 average price target, suggesting 24% upside potential. William Lyon Homes, Inc. (WLH)The home construction company just got a ratings boost from Wedbush analyst Jay McCanless. The three-star analyst upgraded his rating from a Hold to a Buy and raised the price target from $20 to $21, indicating 23% upside potential. He notes that the recent pullback in shares has effectively discounted the reduction in his 2019 EPS estimates following the Q2 results. "Overall, we view the shares as undervalued at current levels,” McCanless added on August 13.WLH has a ‘Moderate Buy’ analyst consensus and a $21 average price target, implying 18% upside. New Relic Inc. (NEWR) Despite the slowdown reported in its first quarter earnings, one analyst is vouching for the software analytics company. Joseph Bonner, a five-star analyst, upgraded NEWR from a Hold to a Buy and set a $93 price target on August 13. He believes share prices could jump 47% over the next twelve months, arguing that the slowed growth is not a long-term trend. The Argus Research analyst has a 67% success rate and gets a 12% average return per rating. NEWR has a ‘Moderate Buy’ analyst consensus and a $95 price target, suggesting 50% upside potential. Discover the Analysts’ Top-Rated Stocks right now

  • Thomson Reuters StreetEvents

    Edited Transcript of NEWR earnings conference call or presentation 6-Aug-19 9:00pm GMT

    Q1 2020 New Relic Inc Earnings Call

  • Moody's

    Dynatrace Intermediate, LLC -- Moody's upgrades Dynatrace to B1 following IPO and debt paydown, outlook stable

    Moody's Investors Service ("Moody's") upgraded Dynatrace Intermediate, LLC's ("Dynatrace") Corporate Family Rating to B1 from B2 and Probability of Default Rating to B1-PD from B2-PD. Concurrently, Moody's assigned an SGL-1 Speculative Grade Liquidity Rating to Dynatrace, affirmed the company's senior secured first lien bank credit facilities at B1, and withdrew the Caa1 rating on its senior secured second lien term loan.

  • Business Wire

    New Relic Helps Komatsu Optimize Digital Customer Experience for Company’s Modern Construction Initiatives

    New Relic (NEWR), the industry’s largest and most comprehensive cloud-based instrumentation platform built to help customers create more perfect software, announced today that Komatsu Ltd., one of the world’s leading manufacturers and suppliers of earth-moving equipment, including construction, mining and compact construction equipment, is utilizing New Relic to understand business insights from the data collected from its Smart Construction solution. The company is using these insights to create an improved digital customer experience for its users. Komatsu created Smart Construction with the goal to help its customers optimize the entire construction process—not just the machines themselves—in order to help construction sites complete more projects with a smaller labor force.

  • New Relic Experiences Growing Pains
    Motley Fool

    New Relic Experiences Growing Pains

    Product launches are putting stress on the organization and have caused a few of the company's key metrics to slip.

  • New Relic Stock Tanks On Weak Quarterly Revenue Outlook
    Investor's Business Daily

    New Relic Stock Tanks On Weak Quarterly Revenue Outlook

    New Relic stock sank Wednesday as it reported quarterly earnings late Tuesday that beat Wall Street estimates. But the company followed up with an outlook that fell short of expectations.

  • Business Wire

    New Relic to Present at Upcoming Investor Conferences

    New Relic, Inc. , the industry’s largest and most comprehensive cloud-based instrumentation platform built to help customers create more perfect software, today announc

  • Barrons.com

    New Relic Stock Loses a Third of Its Value After Sales Disappoint

    New Relic stock has dropped 32% on Wednesday, erasing more than $1.5 billion in market value, after the application performance management software company reported disappointing sales for its fiscal first quarter ended June 30 and weaker-than-expected guidance

  • Why New Relic Is Down Big Today
    Motley Fool

    Why New Relic Is Down Big Today

    Shares fell after management admitted that the company wasn't executing as well as hoped.

  • Here's Why New Relic Is Sinking Fast
    TheStreet.com

    Here's Why New Relic Is Sinking Fast

    Ultimately, NEWR should right the ship with its New Relic One product, but the stock may be dead money for several months, as it's now rapidly declining in both revenue growth and expansion rates before it actually hits large numbers.

  • TheStreet.com

    New Relic Tanks on Weak Revenue Forecast, Raymond James Downgrade

    Shares of cloud data storage company New Relic were falling sharply Wednesday following a weak-than-expected revenue outlook and subsequent downgrade from analysts at Raymond James. "We launched New Relic One, released monitoring for AWS Lambda, and finalized operating model enhancements to product and sales organizations during the first quarter," said CEO Lew Cirne. Compounding the stock's issue was a bearish Raymond James note that had the analysts downgrade the stock to market perform from outperform.

  • New Relic Inc (NEWR) Q1 2020 Earnings Call Transcript
    Motley Fool

    New Relic Inc (NEWR) Q1 2020 Earnings Call Transcript

    NEWR earnings call for the period ending June 30, 2019.

  • Business Wire

    New Relic Rated Highest in 2019 Gartner Peer Insights ‘Voice of the Customer’: Application Performance Monitoring

    New Relic, Inc. (NEWR), the industry’s largest and most comprehensive cloud-based instrumentation platform built to help customers create more perfect software, announced today that the Gartner Peer Insights ‘Voice of the Customer’: Application Performance Monitoring1 report rates the company highest as a 2019 leader in the Application Performance Monitoring market among vendors with a June 2019 Customers’ Choice distinction.

  • New Relic (NEWR) Q1 Earnings and Revenues Top Estimates
    Zacks

    New Relic (NEWR) Q1 Earnings and Revenues Top Estimates

    New Relic (NEWR) delivered earnings and revenue surprises of 137.50% and 1.00%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • MarketWatch

    New Relic stock drops on weak revenue outlook

    New Relic Inc. shares fell in the extended session Tuesday after the cloud-software company's forecast revenue skewed below Wall Street estimates. New Relic shares fell 16% after hours, following a 0.6% rise in the regular session to close at $83.76. The company forecast fiscal second-quarter earnings of 14 cents to 16 cents a share on revenue of $143 million to $145 million, and earnings of 55 cents to 63 cents a share on revenue of $600 million to $607 million for the year. Analysts surveyed by FactSet had forecast earnings of 12 cents a share on revenue of $146 million for the second quarter, and 60 cents a share on revenue of $606.2 million for the year. New Relic reported a fiscal first-quarter loss of $15.2 million, or 26 cents a share, compared with a loss of $5.6 million, or 10 cents a share, in the year-ago period. Adjusted earnings were 19 cents a share. Revenue rose to $141 million from $108.2 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 8 cents a share on revenue of $139.6 million.

  • Business Wire

    New Relic Announces First Quarter Fiscal Year 2020 Results

    First quarter revenue increased 30% year-over-year to $141.0 million

  • ACCESSWIRE

    New Relic, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 6, 2019 / New Relic, Inc. (NYSE: NEWR ) will be discussing their earnings results in their 2020 First Quarter Earnings to be held on August 6, 2019 at 5:00 PM Eastern ...

  • GuruFocus.com

    New Relic Inc (NEWR) CEO Lewis Cirne Sold $1.4 million of Shares

    CEO of New Relic Inc (30-Year Financial, Insider Trades) Lewis Cirne (insider trades) sold 16,000 shares of NEWR on 08/05/2019 at an average price of $85.23 a share. Continue reading...

  • Did You Miss New Relic's (NYSE:NEWR) Impressive 147% Share Price Gain?
    Simply Wall St.

    Did You Miss New Relic's (NYSE:NEWR) Impressive 147% Share Price Gain?

    While New Relic, Inc. (NYSE:NEWR) shareholders are probably generally happy, the stock hasn't had particularly good...

  • Earnings Preview: New Relic (NEWR) Q1 Earnings Expected to Decline
    Zacks

    Earnings Preview: New Relic (NEWR) Q1 Earnings Expected to Decline

    New Relic (NEWR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Zacks

    Market Rises to Begin a Busy Earnings Week

    Market Rises to Begin a Busy Earnings Week

  • GuruFocus.com

    New Relic Inc (NEWR) CFO Mark Sachleben Sold $1.4 million of Shares

    CFO of New Relic Inc (30-Year Financial, Insider Trades) Mark Sachleben (insider trades) sold 15,000 shares of NEWR on 07/15/2019 at an average price of $93.65 a share. Continue reading...

  • Business Wire

    New Relic Announces Date of First Quarter Fiscal Year 2020 Financial Results Conference Call

    New Relic, Inc. (NEWR), the industry’s largest and most comprehensive cloud-based instrumentation platform built to help customers create more perfect software, announced today that it will report its financial results for the first quarter ended June 30, 2019, after market close on Tuesday, August 6, 2019. The conference call can be accessed by dialing (833) 241-7256 from the United States or (647) 689-4220 internationally with conference ID 7637649 and a live webcast and replay of the conference call can be accessed from the investor relations page of New Relic’s company website at http://ir.newrelic.com. Following the completion of the call through 11:59 p.m. Eastern Time on August 13, 2019, a telephone replay will be available by dialing (800) 585-8367 from the United States or (416) 621-4642 internationally with conference ID 7637649.

  • Is New Relic, Inc.'s (NYSE:NEWR) CEO Paid At A Competitive Rate?
    Simply Wall St.

    Is New Relic, Inc.'s (NYSE:NEWR) CEO Paid At A Competitive Rate?

    Lew Cirne became the CEO of New Relic, Inc. (NYSE:NEWR) in 2008. First, this article will compare CEO compensation...