What Dsiappoints Investors About Anaplan, Inc. (PLAN)

Anaplan, Inc. (NYSE:PLAN) could be among the worst stocks to invest in right now as the company shares are trading 3.84% or 1.53 points down from …

Anaplan, Inc. (NYSE:PLAN) could be among the worst stocks to invest in right now as the company shares are trading 3.84% or 1.53 points down from last closing price of $39.86, reaching $38.33 at last check. Any clue why there is so much of action in the PLAN stock? The share price has dropped in 3 of the last 5 days and is up 27.06% over the past week. It will be exciting to see whether the stock manages to continue decreasing or take a minor break for the next few days. The move came on weak volume too with far less shares changing hands than in a normal session. Trading activity as of this writing weakened by -1,380,925 shares, and in total 243775 shares valued at $9.344 million were seen changing hands compared with 1.625 million shares valued at $64.761 million recorded at the previous session. You should take into consideration that a falling volume on lower prices shows the bearish trend but this is an early indication which means that the PLAN stock is near its bottom.

Anaplan, Inc. (PLAN) shares have notched a 3-month gain of about 27.06%, but has still advanced 50.19% year to date. By comparison, the stock sank 0% over the past 12 months, while it jumped 11.37% over the 1 month. The company’s market cap is around $4.84B, with its short interest ratio standing at 3.29%.

In the current trading session for PLAN, the stock witnessed two major price actions, it rose to a high of $39.5 and was down as much as $38.18 at one point. The high recorded is very low when compared to their 52-week high which is $20.37. The 52-week high is now at -8.09 distance from current price. Their recent low of $41.76 represents a 88.42% recovery. This data is quite important for investors who look to benefit from the recent rise of the company’s stock. The price target currently for PLAN is $41.82, this is above the recent high that the stock attained. Taking a look at the overall sentimental views of financial analysts, the trading pattern of this stock recently is very clear.

The stock of Anaplan, Inc. earned $-1.03 per share in the trailing 12 months and has a P/E ratio of -37.21. You can compare it with that of similar companies in its industry to get a sense of whether the stock you’re looking to purchase is overvalued or undervalued. Its current price to earnings ratio is lower than the ones recorded by the industry which is 19.64 and lower compared to the sector’s average of 33.99. When the P/E ratio is low let’s say below 1.0, then the stock price is considered a good value. PLAN also has P/S multiple of 19.36. This is greater versus the 12 month P/S ratios of other companies in the same indutry. The peer average price to sales ratio is 1.09x.

The company recorded an interesting insider sale transaction by the Insider on Apr 18, 2019. A Securities and Exchanges Commission filings show that Frank Calderoni sold a total of 149,188 PLAN shares that day for a sum of around $5,190,251. Anaplan, Inc. (PLAN) insiders have acquired 207,154 shares in the stock within the past three months. In total, individual insiders traded 358,062 shares in the business, which makes up 0.523% of 68,464,498 shares that were traded over a year. In the past 12 months, insiders have purchased 67,159,627 shares while the seller parted with 1,304,871 shares.

PLAN‘s last price was up 23.78% as compared to the average trading price of 50 days recorded at $30.97 while enlarging the period to 200 trading days, the average closing price was $38.05. At present, there are 121.54 million in the total number of common shares owned by the public and among those 101.84 million shares have been available to trade. The percentage of shares being held by the company management was 1.2% while institutions stake was 45.5%. The company has generated negative returns on equity over the last 12 months (0%). It managed to keep its gross profit margin at 72% over the past 12 months.

When assessing the full upside of the PLAN stock, there is another set of technicals that should be looked into and considered. Its 2.08% gain from moving average of $37.55 has brought about a positive sentiment when calculated over the last 20 days. The market has allocated a beta of 0 to the stock. With the beta been less than one, this implies that the company shares are theoretically less volatile than the market, something that the traders definitely are keeping an eye on.

Most of the analysts surveyed by Thomson/First Call think quite highly of Anaplan, Inc. — 7 analysts rate the stock as a buy with another 0 rating it strong buy. There are 4 analysts who maintain a hold rating for the stock, with 0 giving it a sell rating. Analysts arrived at a 12-month price target of $34.3636 on shares of Anaplan, Inc. (NYSE:PLAN), which corresponds to 10.14% downside potential than its current market price of $38.33 and implies potential despite the recent drop in the price. However, their current target price has climbed from $33.3 a month ago and is up handily from the consensus target of $27.5556 a quarter ago.

Let’s briefly check the hedge fund interest towards PLAN stock. Advisor Group Inc. added position in the company after it grew 21.3% or 1,722 shares of its common stock. The hedge fund now owns 2,089 shares worth $80,071, SEC documents show. BlackRock Inc. shored up assets in the stock as 1133463 shares have been purchased, increasing its stake by 2.1% to 1,157,266 shares which are currently valued at $44,358,006. In addition, California State Teachers Retirement System recently reported that it now owns 27,548 shares making a total of $1,055,915 based on the recent price. This refelects a change of -22.3% in their ownership.

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Lattice Semiconductor Corporation (LSCC) stock price at $13.66 to -1.80% and 20 day SMA of 2.57%

Lattice Semiconductor Corporation (LSCC) stock price at $13.66 to -1.80% … Lattice Semiconductor Corporation (LSCC) recently closed with rise of …

Lattice Semiconductor Corporation (LSCC) stock go up so far this year; showing a rise of 97.40% and dropped with negative flow of -1.66% during recent week. The shares price has positioned 72.91% up over the past quarter while it has directed 130.74% toward a rising position throughout past six months. The shares price has directed 151.10% toward a higher level throughout last year and swapped 6.89% toward a strong spot during past one month.

Lattice Semiconductor Corporation (LSCC) stock is sinking -1.80% to $13.66. LSCC exchanged 1.63 million shares in recent session versus to the average volume of 2.33 million shares while its relative volume is 0.69. The company holds 131.74 million outstanding shares and 130.60 million shares are floating in market.

EPS in next five year years is expected to touch 20.00% while EPS growth in past 5 year was -25.30% along with sales growth of 3.70% in the last five years. EPS growth in next year is estimated to reach 34.04% while EPS growth estimate for this year is set at 63.80%.

The ROA is -4.20%. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return. ROI is -1.10%. A positive result means that returns exceed costs. Analysts therefore consider the investment a net gain. The opposite kind of result, a negative means that costs outweigh returns. Analysts therefore view the investment as a net loss.

Experts have a mean recommendation of 1.70 on this stock. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell.

20-Day Simple Moving Average:

Lattice Semiconductor Corporation (LSCC) recently closed with rise of 2.57% to its 20-Day “SMA”. This short time frame picture represents an upward movement of current price over average price of last 20 days. 20-day simple moving average is useful at identifying swing trading trends lasting 20 days.

50-Day Simple Moving Average:

50-day “SMA” is more useful at showing position trading trends lasting 50 days. Shares of LSCC moved upward with change of 6.54% to its 50-day Moving average. This rising movement shows positive prices direction over last 50 days.

200-Day Simple Moving Average:

200-day “SMA” is more helpful at telling general investing trends lasting 200 days. Longer moving average timeframes are less sensitive to price fluctuations than shorter term timeframes and will generate far few signals. This will reduce the number of “whipsaws”, which is good, but will also generate signals later than when using shorter term averages. LSCC stock price revealed optimistic move of 55.10% comparing average price of last 200 days. This comparison showed up direction of price above its 200-SMA.

The beta factor is 1.37. Volatility shows sense of how far the stock will fall if the market takes a dive and how high stock will rise if the bull starts to climb. A stock with a beta more than 1 means high volatile and less than 1 means low volatile.

Edgar gives us an insight into the most recent news hitting the Technology Sector in Wall Street Market. He has been an independent financial adviser for over 10 years in the city and in recent years turned her experience in finance and passion for journalism into a full-time role. He performs analysis of Companies and publicizes valuable information for shareholder community.

Edgar is an accomplished journalist who has a passion for travel. His desire to see the world has taken him to countries around the world and given him the opportunity to report for some of the top news organizations.

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Massive Bitcoin Price Rally Awaits Shorts Trigger Beyond Fresh 2019 High

While the Bitfinex-Tether scandal, in which the Office of the New York Attorney General alleged Bitfinex of misusing $900 million of Tether’s cash …

By CCN: In the past month, the bitcoin price has climbed 23 percent against the U.S. dollar in major markets, recording nearly a 70 percent year-to-date (YTD) gain.

The bitcoin price is up by more than 23 percent in the past month (source: coinmarketcap.com)

The bitcoin price has almost fully recovered to November 2018 levels as it surged past $6,300 with strong volume and momentum.

Since March, the real volume of bitcoin calculated using the methodology of Bitwise Asset Management has surged by three-fold from $270 million to over $700 million, indicating an increase in interest towards the dominant cryptocurrency.

What Will Trigger a Bitcoin Bull Run?

Last week, global markets analyst Alex Krüger noted that if bitcoin surpasses $6,400, the most traded price of 2018, it would confirm the start to a new bull market.

$BTC now at $5750, the 2018 low prior to the November crash.

– The 2018 bear trend ended once above $4200.

– Above $6400, 2018’s most traded price, it’s a bull market. pic.twitter.com/rIQI8RIPgs

— Alex Krüger (@krugermacro) May 3, 2019

The bitcoin price has surged by nearly 10 percent in the past week and despite various optimistic technical indicators, for the asset to climb above key levels it would need solid catalysts that could act as stimuli for near-term growth.

Some analysts like David Puell, the head of research at Adaptive Capital, have said that shorts of bitcoin are far from being liquidated and squeezed.

A short squeeze could serve as a potential stimulus for the bitcoin price, especially if the volume of shorts increase in upcoming days out of caution from traders that the $6,400 resistance level may be too big for the asset to overcome.

“Price is not only parabolic but vertical now. Shorts are still far from getting fully squeezed. $6.4k may activate longs from late trend traders, setting up the perfect blow-off top. Blue: pullback targets after this potential climactic top from who knows where,” Puell said.

While the Bitfinex-Tether scandal, in which the Office of the New York Attorney General alleged Bitfinex of misusing $900 million of Tether’s cash reserves, led to a substantial increase in the premium of BTC on Bitfinex that may have led the price to climb, the premium of BTC on the exchange has declined in the past few days.

Had the disproportional premium of BTC on Bitfinex continued to exist, it could have largely affected the stability of the crypto market and raised serious concerns on the sustainability of the market’s short-term movement.

Will BTC Continue to Outperform Alternative Crypto Assets?

As explained by Yassine Elmandjra, a crypto asset analyst at ARK Invest, bitcoin has outperformed every top 10 crypto asset in the past month.

“On a day where everything is bleeding red except Bitcoin, let us be reminded that Bitcoin has continued to outperform every coin in the top 10 over the last month. On average, the top 10 coins by market cap are down more than 30% against Bitcoin,” Elmandjra said.

Previously, investors like Multicoin Capital general partner Vinny Lingham said that crypto assets would have to show independent price movements to sustain the momentum of the market.

“Many people believe that the crypto winter is over. Here are some of my unfiltered thoughts on this topic. Charts & technicals aside, I don’t believe this rally is sustainable for one reason: The market has not yet decoupled the various crypto assets from Bitcoin,” Lingham said in April.

The decoupling of crypto assets since last month suggests that the market as a whole is no longer engaging in a downside movement, possibly as the confidence of investors rekindles in the near-term.

It remains to be seen whether BTC could hold its price at important resistance levels even with the ongoing Bitfinex-Tether controversy, a scandal which some have argued has the potential to become the biggest intervention of the crypto market in history.

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Stocks making the biggest moves midday: Uber, Apple, Lyft, Caterpillar & more

Lyft– Shares of ride-sharing company tanked as much as 7% leading up to and after Uber’s initial public offering Friday. Lyft and Uber are the two most …

Check out the companies making headlines in midday trade Friday:

Uber– Shares of Uber were mostly down during its first hour of trading after going public on the New York Stock Exchange on Friday. Uber opened at $42 a share, lower than the $45 it was priced at on Thursday night.

Lyft– Shares of ride-sharing company tanked as much as 7% leading up to and after Uber’s initial public offering Friday. Lyft and Uber are the two most dominant companies in the ride sharing business. Lyft’s stock is down about 30% since its IPO at the end of March.

Apple– Apple’s stock fell 3% and was down as much as 9% for the week on Friday. The iPhone maker is viewed as particularly vulnerable to the recent escalation in the trade war given its dependence on China for production and sales.

Caterpillar– Shares of the construction company fell 2% amid the escalated trade tensions with China.

Marriott– Shares of the hotel company fell 5% following mixed first-quarter earnings released Friday. Marriott reported adjusted earnings per share of $1.41, beating the estimated $1.34, according to Refinitiv. Revenue was $5.01 billion, missing the expected $5.11 billion.

Yelp- Shares of recommendation website Yelp plummeted 13% Friday after the company gave weak second-quarter guidance a day earlier. Yelp said for the second quarter it estimates revenue will increase between 4% and 6%, lower than the expected increase of 6.6%, per Refinitiv.

Booking Holdings– The booking company jumped about 3% despite missing on the top and bottom lines in its first-quarter earnings after the bell Thursday. Booking Holdings reported earnings per share of $11.17 on revenue of of $2.84 billion. Wall Street estimated earnings per share of $11.27 on revenue of $2.93 billion, according to Refinitiv.

Zillow– Shares of the home-finder website surged 6% after posting better-than-expected first-quarter earnings Thursday. Zillow reported a loss of 33 cents per share, compared to the loss of 35 cents per share analysts were expecting per Refinitiv.

News Corp.- Shares jumped 4% on Friday after the company reported a surprise quarterly profit in its third quarter, driven by growth in book publishing. The company reported earnings per share of 4 cents on revenue of $2.46 billion. Wall Street estimated earnings per share of 0 cents on revenue of $2.51 billion, according to Refinitiv.

Equifax– Shares of Equifax fell 2% after the company missed on revenue in its first-quarter results. Revenue was $846.1 million, lower than the expected $848.9 million, according to Refinitiv. Earnings per share came in line with estimates at $1.20 per share.

—CNBC’s Matt Lavietescontributed to this report.

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Best Report on Enterprise Performance Management Market 2026 with Major Eminent Key Players …

Companies Profiled in this report includes, SAP (Germany), IBM (US), Oracle (US), Workiva (US), Adaptive Insights (US), Anaplan(US), Host Analytics …

Enterprises use the Enterprise planning and budgeting application for aligning their business strategies with their execution plans. This application helps in developing agile forecasts for all business units and enables organizations to respond faster and effectively to changes in customer needs and preferences. It helps decision makers measure key metrics against Key Performance Indicators (KPIs) and plan for the future using predictive analytics.

The EPM market by enterprise size has been categorized into 2 segments, namely, SMEs and large enterprises. The large enterprises segment is expected to grow at a higher CAGR during the forecast period. The increasing need to improve business performance and rising adoption of data-driven decision making are expected to drive the adoption of the EPM solutions among large enterprises.

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Companies Profiled in this report includes, SAP (Germany), IBM (US), Oracle (US), Workiva (US), Adaptive Insights (US), Anaplan(US), Host Analytics (US), Infor (US), Longview (Canada), CCH Tagetik (Italy), Prevero (Germany)

Enterprise Performance Management Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.

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For More Information:


Table of Contents

Global Enterprise Performance Management Market Research Report 2019

Chapter 1 Global Enterprise Performance Management Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export

Chapter 6 Production, Revenue (Value), Price Trend by Type

Continue for TOC……….

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