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.
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Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Phone650-777-7600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$479.23 million
Profitability
Miscellaneous
Employees1,774
Next Earnings Date11/5/2019 (Estimated)
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) released its earnings results on Tuesday, August, 6th. The software maker reported ($0.16) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.18) by $0.02. The software maker had revenue of $141.01 million for the quarter, compared to analyst estimates of $139.73 million. New Relic had a negative return on equity of 8.55% and a negative net margin of 9.93%. The company's revenue for the quarter was up 30.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.15 earnings per share. View New Relic's Earnings History.
When is New Relic's next earnings date?
What guidance has New Relic issued on next quarter's earnings?
New Relic updated its FY20 earnings guidance on Tuesday, August, 6th. The company provided EPS guidance of $0.55-0.63 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.60. The company issued revenue guidance of $600-607 million, compared to the consensus revenue estimate of $606.79 million.
What price target have analysts set for NEWR?
16 brokerages have issued 1-year price targets for New Relic's shares. Their forecasts range from $73.00 to $125.00. On average, they expect New Relic's share price to reach $97.5385 in the next twelve months. This suggests a possible upside of 71.1% 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 1 sell rating, 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for New Relic.
Has New Relic been receiving favorable news coverage?
Media coverage about NEWR stock has trended positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. New Relic earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories about the software maker a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for New Relic.
Are investors shorting New Relic?
New Relic saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 3,112,700 shares, an increase of 22.9% from the June 30th total of 2,532,900 shares. Based on an average daily trading volume, of 1,250,000 shares, the short-interest ratio is currently 2.5 days. Currently, 6.5% of the company's stock are short sold. View New Relic's Current Options Chain.
Who are some of New Relic's key competitors?
Some companies that are related to New Relic include Citrix Systems (CTXS), SS&C Technologies (SSNC), Temenos (TMNSF), The Ultimate Software Group (ULTI), Tyler Technologies (TYL), Black Knight (BKI), UBISOFT ENTMT S/ADR (UBSFY), Coupa Software (COUP), HubSpot (HUBS), Alteryx (AYX), Docusign (DOCU), PTC (PTC), Mongodb (MDB), Guidewire Software (GWRE) and Anaplan (PLAN).
What other stocks do shareholders of New Relic own?
Who are New Relic's key executives?
New Relic's management team includes the folowing people:
- Mr. Lewis Cirne, Founder, CEO & Director (Age 49)
- Mr. Mark Sachleben, CFO & Corp. Sec. (Age 54)
- Mr. James R. Gochee, Chief Product Officer (Age 49)
- Mr. Tony Righetti, Sr. Mang. of Investor Relations
- Ms. Kristy Friedrichs, Chief People Officer
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 a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.81%), Price T Rowe Associates Inc. MD (8.28%), First Trust Advisors LP (2.60%), Baillie Gifford & Co. (2.16%), Jennison Associates LLC (1.24%) and Jennison Associates LLC (1.24%). Company insiders that own New Relic stock include Erica Schultz, James R Gochee, Lewis Cirne, Mark Sachleben, Peter H Fenton and Robin Schulman. View Institutional Ownership Trends for New Relic.
Which major investors are selling New Relic stock?
NEWR stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Vanguard Group Inc., Canada Pension Plan Investment Board, Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, Charles Schwab Investment Management Inc., AXA and Northern Trust Corp. Company insiders that have sold New Relic company stock in the last year include Erica Schultz, James R Gochee, Lewis Cirne, Mark Sachleben and Peter H Fenton. View Insider Buying and Selling for New Relic.
Which major investors are buying New Relic stock?
NEWR stock was purchased by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Nuveen Asset Management LLC, First Trust Advisors LP, Jennison Associates LLC, Jennison Associates LLC, Baillie Gifford & Co., Cubist Systematic Strategies LLC and Vista Equity Partners 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 $57.00.
How big of a company is New Relic?
New Relic has a market capitalization of $3.33 billion and generates $479.23 million in revenue each year. The software maker earns $-40,890,000.00 in net income (profit) each year or ($0.31) on an earnings per share basis. New Relic employs 1,774 workers across the globe.View Additional Information About New Relic.
What is New Relic's official website?
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)
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.
