Is NCino Stock a Good Investment?
NCino Investment Advice | NCNO |
- Examine NCino's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research NCino's leadership team and their track record. Good management can help NCino navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact NCino's business and its evolving consumer preferences.
- Compare NCino's performance and market position to its competitors. Analyze how NCino is positioned in terms of product offerings, innovation, and market share.
- Check if NCino pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about NCino's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in nCino Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if nCino Inc is a good investment.
Sell | Buy |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine NCino Stock
Researching NCino's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 97.0% of the company shares are owned by institutional investors. The book value of NCino was now reported as 9.32. The company recorded a loss per share of 0.26. nCino Inc had not issued any dividends in recent years. The entity had 1:1 split on the 10th of January 2022.
To determine if NCino is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding NCino's research are outlined below:
| nCino Inc currently holds 74.23 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. nCino Inc has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about NCino's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 476.54 M. Net Loss for the year was (42.35 M) with profit before overhead, payroll, taxes, and interest of 239.05 M. | |
| Over 97.0% of NCino shares are owned by institutional investors | |
| Latest headline from globenewswire.com: nCino Announces Timing of its Third Quarter Fiscal Year 2025 Financial Results Conference Call |
NCino Quarterly Gross Profit |
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NCino uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in nCino Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to NCino's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 26th of March 2024 Upcoming Quarterly Report | View | |
| 29th of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 26th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact NCino's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises NCino's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-11-30 | 2022-10-31 | -0.02 | -0.01 | 0.01 | 50 | ||
2021-06-02 | 2021-04-30 | -0.05 | -0.04 | 0.01 | 20 | ||
2023-08-29 | 2023-07-31 | 0.07 | 0.09 | 0.02 | 28 | ||
2023-05-31 | 2023-04-30 | 0.05 | 0.07 | 0.02 | 40 | ||
2022-06-01 | 2022-04-30 | -0.08 | -0.06 | 0.02 | 25 | ||
2021-12-01 | 2021-10-31 | -0.06 | -0.04 | 0.02 | 33 | ||
2023-11-29 | 2023-10-31 | 0.11 | 0.14 | 0.03 | 27 | ||
2021-03-31 | 2021-01-31 | -0.09 | -0.06 | 0.03 | 33 |
Know NCino's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as NCino is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading nCino Inc backward and forwards among themselves. NCino's institutional investor refers to the entity that pools money to purchase NCino's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | T. Rowe Price Associates, Inc. | 2024-06-30 | 1.9 M | Millennium Management Llc | 2024-06-30 | 1.5 M | Dimensional Fund Advisors, Inc. | 2024-06-30 | 1.4 M | T. Rowe Price Investment Management,inc. | 2024-06-30 | 1.4 M | Brown Brothers Harriman & Co | 2024-06-30 | 1.3 M | Senator Investment Group Lp | 2024-06-30 | 1.3 M | State Street Corp | 2024-06-30 | 1.3 M | Clearbridge Advisors, Llc | 2024-06-30 | 1.3 M | Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2024-06-30 | 1.3 M | Insight Holdings Group, Llc | 2024-06-30 | 25 M | Vanguard Group Inc | 2024-06-30 | 8.5 M |
NCino's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.65 B.Market Cap |
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NCino's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.11) | (0.12) | |
| Return On Capital Employed | (0.03) | (0.03) | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.04) | (0.04) |
Determining NCino's profitability involves analyzing its financial statements and using various financial metrics to determine if NCino is a good buy. For example, gross profit margin measures NCino's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of NCino's profitability and make more informed investment decisions.
NCino's Earnings Breakdown by Geography
Evaluate NCino's management efficiency
As of the 17th of November 2024, Return On Tangible Assets is likely to drop to -0.12. In addition to that, Return On Capital Employed is likely to drop to -0.03. At this time, NCino's Fixed Asset Turnover is very stable compared to the past year. As of the 17th of November 2024, Asset Turnover is likely to grow to 0.50, while Net Tangible Assets are likely to drop about 27.2 M. NCino's management efficiency ratios could be used to measure how well NCino manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 9.34 | 9.81 | |
| Tangible Book Value Per Share | 0.87 | 1.29 | |
| Enterprise Value Over EBITDA | 470.20 | 493.71 | |
| Price Book Value Ratio | 3.38 | 3.21 | |
| Enterprise Value Multiple | 470.20 | 493.71 | |
| Price Fair Value | 3.38 | 3.21 | |
| Enterprise Value | 3.5 B | 6.5 B |
Leadership effectiveness at nCino Inc is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 0.55 |
Basic technical analysis of NCino Stock
As of the 17th of November 2024, NCino secures the Downside Deviation of 2.98, semi deviation of 2.61, and Mean Deviation of 1.53. Concerning fundamental indicators, the technical analysis model lets you check available technical drivers of nCino Inc, as well as the relationship between them.NCino's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NCino insiders, such as employees or executives, is commonly permitted as long as it does not rely on NCino's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NCino insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
NCino's Outstanding Corporate Bonds
NCino issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. nCino Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most NCino bonds can be classified according to their maturity, which is the date when nCino Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View | |
| NBCUNIVERSAL MEDIA LLC Corp BondUS63946BAF76 | View | |
| NBCUNIVERSAL MEDIA LLC Corp BondUS63946BAG59 | View | |
| NBCUNIVERSAL MEDIA LLC Corp BondUS63946BAJ98 | View |
Understand NCino's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing NCino's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0874 | |||
| Market Risk Adjusted Performance | 0.1714 | |||
| Mean Deviation | 1.53 | |||
| Semi Deviation | 2.61 | |||
| Downside Deviation | 2.98 | |||
| Coefficient Of Variation | 938.09 | |||
| Standard Deviation | 2.52 | |||
| Variance | 6.36 | |||
| Information Ratio | 0.0642 | |||
| Jensen Alpha | 0.1036 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0543 | |||
| Treynor Ratio | 0.1614 | |||
| Maximum Drawdown | 16.06 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 3.15 | |||
| Downside Variance | 8.91 | |||
| Semi Variance | 6.8 | |||
| Expected Short fall | (1.62) | |||
| Skewness | (2.35) | |||
| Kurtosis | 14.94 |
| Risk Adjusted Performance | 0.0874 | |||
| Market Risk Adjusted Performance | 0.1714 | |||
| Mean Deviation | 1.53 | |||
| Semi Deviation | 2.61 | |||
| Downside Deviation | 2.98 | |||
| Coefficient Of Variation | 938.09 | |||
| Standard Deviation | 2.52 | |||
| Variance | 6.36 | |||
| Information Ratio | 0.0642 | |||
| Jensen Alpha | 0.1036 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0543 | |||
| Treynor Ratio | 0.1614 | |||
| Maximum Drawdown | 16.06 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 3.15 | |||
| Downside Variance | 8.91 | |||
| Semi Variance | 6.8 | |||
| Expected Short fall | (1.62) | |||
| Skewness | (2.35) | |||
| Kurtosis | 14.94 |
Consider NCino's intraday indicators
NCino intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NCino stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
NCino Corporate Filings
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 8th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 21st of October 2024 The schedule filed by any person or group who acquires beneficial ownership of more than 5% of a voting class of a company's equity securities registered under Section 12 of the Act | ViewVerify |
NCino Stock media impact
Far too much social signal, news, headlines, and media speculation about NCino that are available to investors today. That information is available publicly through NCino media outlets and privately through word of mouth or via NCino internal channels. However, regardless of the origin, that massive amount of NCino data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of NCino news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of NCino relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to NCino's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive NCino alpha.
NCino Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards NCino can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
nCino Inc Historical Investor Sentiment
Investor biases related to NCino's public news can be used to forecast risks associated with an investment in NCino. The trend in average sentiment can be used to explain how an investor holding NCino can time the market purely based on public headlines and social activities around nCino Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
NCino's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for NCino and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average NCino news discussions. The higher the estimate score, the more favorable the investor's outlook on NCino.
NCino Corporate Management
| David Rudow | CFO Treasurer | Profile | |
| Anthony Morris | Senior Advisory | Profile | |
| Jeanette Sellers | Vice Accounting | Profile | |
| Paul Clarkson | Executive Revenue | Profile | |
| Ben Miller | Executive Mortgage | Profile | |
| Matthew Hansen | Chief Officer | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nCino Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NCino. If investors know NCino will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NCino listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.26) | Revenue Per Share 4.444 | Quarterly Revenue Growth 0.129 | Return On Assets (0.01) | Return On Equity (0.03) |
The market value of nCino Inc is measured differently than its book value, which is the value of NCino that is recorded on the company's balance sheet. Investors also form their own opinion of NCino's value that differs from its market value or its book value, called intrinsic value, which is NCino's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NCino's market value can be influenced by many factors that don't directly affect NCino's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between NCino's value and its price, as these two are different measures arrived at by various means. Investors typically determine if NCino is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NCino's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.