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 Date8/6/2019 (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) posted its quarterly earnings data on Tuesday, May, 14th. The software maker reported $0.13 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.06 by $0.07. The software maker earned $132.10 million during the quarter, compared to analysts' expectations of $128.19 million. New Relic had a negative net margin of 8.53% and a negative return on equity of 6.57%. New Relic's revenue was up 34.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.09 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, May, 14th. The company provided earnings per share (EPS) guidance of $0.54-0.62 for the period, compared to the Thomson Reuters consensus estimate of $0.86. The company issued revenue guidance of $600-607 million, compared to the consensus revenue estimate of $601.69 million.New Relic also updated its FY 2020 guidance to $0.54-0.62 EPS.
What price target have analysts set for NEWR?
13 analysts have issued 12-month price objectives for New Relic's shares. Their predictions range from $83.00 to $131.00. On average, they expect New Relic's stock price to reach $114.8182 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price. View Analyst Price Targets for New Relic.
What is the consensus analysts' recommendation for New Relic?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Relic in the last year. There are currently 1 sell rating, 2 hold ratings, 9 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?
Media coverage about NEWR stock has trended very negative this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. New Relic earned a news impact score of -3.5 on InfoTrie's scale. They also gave press coverage about the software maker a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the company's share price in the immediate future. View News Stories for New Relic.
Are investors shorting New Relic?
New Relic saw a drop in short interest in the month of May. As of May 15th, there was short interest totalling 2,107,800 shares, a drop of 16.9% from the April 15th total of 2,537,900 shares. Based on an average daily volume of 818,300 shares, the days-to-cover ratio is currently 2.6 days. Currently, 4.4% of the shares of the stock are sold short. 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 Cadence Design Systems (CDNS), Synopsys (SNPS), CA (CA), Splunk (SPLK), Twilio (TWLO), Check Point Software Technologies (CHKP), ANSYS (ANSS), SS&C Technologies (SSNC), Okta (OKTA), Tableau Software (DATA), Atlassian (TEAM), Citrix Systems (CTXS), Temenos (TMNSF), Paycom Software (PAYC) and TAKE-TWO INTERACTIVE SOFTWARE (TTWO).
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 initial public offering on Friday, December 12th 2014. The company issued 5,000,000 shares at $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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.77%), FMR LLC (5.67%), Champlain Investment Partners LLC (3.00%), Clearbridge Investments LLC (2.57%), First Trust Advisors LP (2.12%) and Baillie Gifford & Co. (1.78%). 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 institutional investors are selling New Relic stock?
NEWR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, AO Asset Management LP, First Trust Advisors LP, Frontier Capital Management Co. LLC, BNP PARIBAS ASSET MANAGEMENT Holding S.A., OppenheimerFunds Inc., TimesSquare Capital Management LLC and Champlain Investment Partners LLC. 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 institutional investors are buying New Relic stock?
NEWR stock was purchased by a variety of institutional investors in the last quarter, including Zevenbergen Capital Investments LLC, Assenagon Asset Management S.A., JPMorgan Chase & Co., Wells Fargo & Company MN, Fiera Capital Corp, Columbus Circle Investors, BlackRock Inc. and Jennison Associates 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 $95.62.
How big of a company is New Relic?
New Relic has a market capitalization of $5.56 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.
