NYSE:NEWR - New Relic Stock Price, News, & Analysis

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$90.45 +1.34 (+1.50 %)
(As of 01/17/2019 08:44 AM ET)
Previous Close$89.11
Today's Range$88.35 - $90.83
52-Week Range$56.01 - $114.78
Volume727,264 shs
Average Volume487,026 shs
Market Capitalization$5.08 billion
P/E Ratio-122.23
Dividend YieldN/A
Beta0.84
New Relic, Inc., a software-as-a-service company, provides various digital products worldwide. Its cloud-based platform and suite of products include New Relic Platform, which enable organizations to collect, store, and analyze data. The company offers New Relic Application Performance Management that provides visibility into the performance and usage of server-based applications, such as data pertaining to response time, transaction throughput, error rates, top transactions, and user satisfaction; New Relic Mobile, which provides code-level visibility into the performance and health of mobile applications running on the iOS and Android mobile operating systems; and New Relic Browser that monitors the page view experiences of actual end-users for desktop and mobile browser-based applications. It also provides New Relic Synthetics, which simulates usage and reproduces business-critical functionality that enables its users to test their software throughout the entire development life cycle; New Relic Infrastructure that provides a view of the health and configuration changes for an enterprise's entire host ecosystem across various environments; and New Relic Insights that enables technology and business users to perform real-time analysis. In addition, the company offers New Relic Applied Intelligence platform; New Relic's alerting platform, a centralized notification system that delivers alerts from across the products that make up the New Relic Platform; and New Relic's plugins architecture, which offers a plugin architecture, including application programming interfaces and software development kits for customers and partners to embed and extend its solution into their products. The company sells its products through direct sales organizations, online and offline sales, and marketing activities. New Relic, Inc. was founded in 2007 and is headquartered in San Francisco, California.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone650-777-7600

Debt

Current Ratio3.81
Quick Ratio3.81

Price-To-Earnings

Sales & Book Value

Annual Sales$355.06 million
Price / Sales14.51
Price / Cash FlowN/A
Book Value$3.88 per share
Price / Book23.31

Profitability

Net Income$-45,320,000.00
Net Margins-6.93%
Return on Assets-3.07%

Miscellaneous

Employees1,284
Market Cap$5.08 billion
OptionableOptionable

New Relic (NYSE:NEWR) Frequently Asked Questions

What is New Relic's stock symbol?

New Relic trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEWR."

How were New Relic's earnings last quarter?

New Relic Inc (NYSE:NEWR) announced its quarterly earnings data on Tuesday, November, 6th. The software maker reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates of ($0.08) by $0.03. The software maker earned $114.90 million during the quarter, compared to analysts' expectations of $112.26 million. New Relic had a negative net margin of 6.93% and a negative return on equity of 7.97%. The company's revenue for the quarter was up 35.7% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.06) EPS. View New Relic's Earnings History.

When is New Relic's next earnings date?

New Relic is scheduled to release their next quarterly earnings announcement on Wednesday, February 6th 2019. View Earnings Estimates for New Relic.

How can I listen to New Relic's earnings call?

New Relic will be holding an earnings conference call on Wednesday, February 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8663934306.

What guidance has New Relic issued on next quarter's earnings?

New Relic issued an update on its FY19 earnings guidance on Tuesday, November, 6th. The company provided EPS guidance of $0.42-0.48 for the period, compared to the Thomson Reuters consensus estimate of $0.45. The company issued revenue guidance of $466.5-469.5 million, compared to the consensus revenue estimate of $462.90 million.New Relic also updated its FY 2019 guidance to $0.42-0.48 EPS.

What price target have analysts set for NEWR?

16 brokerages have issued twelve-month price targets for New Relic's shares. Their forecasts range from $70.00 to $129.00. On average, they expect New Relic's share price to reach $104.1429 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price. View Analyst Price Targets for New Relic.

What is the consensus analysts' recommendation for New Relic?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Relic in the last year. There are currently 3 hold ratings, 12 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for New Relic.

Has New Relic been receiving favorable news coverage?

News articles about NEWR stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. New Relic earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave media stories about the software maker a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an effect on the stock's share price in the immediate future.

Who are some of New Relic's key competitors?

Who are New Relic's key executives?

New Relic's management team includes the folowing people:
  • Mr. Lewis Cirne, Founder, CEO & Director (Age 48)
  • Mr. Mark Sachleben, CFO & Corp. Sec. (Age 53)
  • Mr. James R. Gochee, Chief Product Officer (Age 48)
  • Mr. Tony Righetti, Sr. Mang. of Investor Relations
  • Mr. Robson Grieve, Chief Marketing Officer (Age 46)

When did New Relic IPO?

(NEWR) raised $95 million in an IPO on Friday, December 12th 2014. The company issued 5,000,000 shares at a price of $18.00-$20.00 per share. Morgan Stanley and J.P. Morgan served as the underwriters for the IPO and Allen & Company, UBS Securities, JMP Securities and Raymond James were co-managers.

Who are New Relic's major shareholders?

New Relic's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Boston Advisors LLC (0.03%), Woodstock Corp (0.01%), Altfest L J & Co. Inc. (0.01%), Cerebellum GP LLC (0.01%) and Centre Asset Management LLC (0.01%). Company insiders that own New Relic stock include Erica Schultz, Hilarie A Koplow, James R Gochee, Lewis Cirne, Mark Sachleben, Peter H Fenton and Robin Schulman. View Institutional Ownership Trends for New Relic.

Which institutional investors are buying New Relic stock?

NEWR stock was purchased by a variety of institutional investors in the last quarter, including Altfest L J & Co. Inc., Boston Advisors LLC, Cerebellum GP LLC, Woodstock Corp and Centre Asset Management LLC. View Insider Buying and Selling for New Relic.

How do I buy shares of New Relic?

Shares of NEWR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is New Relic's stock price today?

One share of NEWR stock can currently be purchased for approximately $90.45.

How big of a company is New Relic?

New Relic has a market capitalization of $5.08 billion and generates $355.06 million in revenue each year. The software maker earns $-45,320,000.00 in net income (profit) each year or ($0.74) on an earnings per share basis. New Relic employs 1,284 workers across the globe.

What is New Relic's official website?

The official website for New Relic is http://www.newrelic.com.

How can I contact New Relic?

New Relic's mailing address is 188 Spear Street Suite 1200, San Francisco CA, 94105. The software maker can be reached via phone at 650-777-7600 or via email at [email protected]


MarketBeat Community Rating for New Relic (NYSE NEWR)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  349 (Vote Outperform)
Underperform Votes:  222 (Vote Underperform)
Total Votes:  571
MarketBeat's community ratings are surveys of what our community members think about New Relic and other stocks. Vote "Outperform" if you believe NEWR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NEWR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/17/2019 by MarketBeat.com Staff

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