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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:NEWR
Previous Symbol
CUSIPN/A
Phone650-777-7600
Debt
Debt-to-Equity Ratio1.25
Current Ratio3.81
Quick Ratio3.81
Price-To-Earnings
Trailing P/E Ratio-115.46
Forward P/E Ratio-230.92
P/E GrowthN/A
Sales & Book Value
Annual Sales$355.06 million
Price / Sales13.71
Cash FlowN/A
Price / Cash FlowN/A
Book Value$3.88 per share
Price / Book22.02
Profitability
EPS (Most Recent Fiscal Year)($0.74)
Net Income$-45,320,000.00
Net Margins-6.93%
Return on Equity-7.97%
Return on Assets-3.07%
Miscellaneous
Employees1,284
Outstanding Shares56,960,000
Market Cap$4.74 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) released its earnings results 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 had revenue of $114.90 million for the quarter, compared to the consensus estimate of $112.26 million. New Relic had a negative return on equity of 7.97% and a negative net margin of 6.93%. The company's revenue was up 35.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.06) EPS. 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 issued an update on its FY19 earnings guidance on Tuesday, November, 6th. The company provided earnings per share guidance of $0.42-0.48 for the period, compared to the Thomson Reuters consensus EPS 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 equities research analysts have issued 1 year target prices for New Relic's stock. Their predictions range from $70.00 to $129.00. On average, they expect New Relic's stock price to reach $104.1429 in the next year. This suggests a possible upside of 21.9% 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 5 hold ratings, 10 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?
Headlines about NEWR stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news 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 media sentiment score of 1.9 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the company's share price in the near term.
Who are some of New Relic's key competitors?
Some companies that are related to New Relic include CA (CA), Check Point Software Technologies (CHKP), Shopify (SHOP), Splunk (SPLK), Citrix Systems (CTXS), Symantec (SYMC), Synopsys (SNPS), ANSYS (ANSS), Veeva Systems (VEEV), Cadence Design Systems (CDNS), Temenos (TMNSF), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), SS&C Technologies (SSNC), Tableau Software (DATA) and PTC (PTC).
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. Jonathan Parker, VP of Strategic Fin. & 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 acted 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 FMR LLC (8.30%), Vanguard Group Inc. (7.99%), BlackRock Inc. (6.51%), Alliancebernstein L.P. (3.24%), First Trust Advisors LP (2.57%) and Clearbridge Investments LLC (2.50%). 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 major investors are selling New Relic stock?
NEWR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, FIL Ltd, Morgan Stanley, Wells Fargo & Company MN, Barometer Capital Management Inc., King Luther Capital Management Corp, Bank of New York Mellon Corp and Jennison Associates LLC. Company insiders that have sold New Relic company stock in the last year include Erica Schultz, James R Gochee, Lewis Cirne, Mark Sachleben, Peter H Fenton and Robin Schulman. 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 Vanguard Group Inc., Deutsche Bank AG, BlackRock Inc., Alliancebernstein L.P., Renaissance Technologies LLC, Sandler Capital Management, JPMorgan Chase & Co. and JPMorgan Chase & Co.. 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 $85.44.
How big of a company is New Relic?
New Relic has a market capitalization of $4.74 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?
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.
