Is Procore Technologies Stock a Good Investment?
Procore Technologies Investment Advice | PCOR |
- Examine Procore Technologies' 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 Procore Technologies' leadership team and their track record. Good management can help Procore Technologies 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 Procore Technologies' business and its evolving consumer preferences.
- Compare Procore Technologies' performance and market position to its competitors. Analyze how Procore Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Procore Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Procore Technologies' 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 Procore Technologies 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 Procore Technologies is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Procore Technologies Stock
Researching Procore Technologies' 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 95.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 0.86. Procore Technologies had not issued any dividends in recent years.
To determine if Procore Technologies 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 Procore Technologies' research are outlined below:
| The company reported the previous year's revenue of 1.15 B. Net Loss for the year was (105.96 M) with profit before overhead, payroll, taxes, and interest of 968.76 M. | |
| Over 95.0% of the company shares are owned by institutional investors |
Procore Technologies 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 Procore Technologies. 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 Procore Technologies' 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.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Procore Technologies' market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 10.95 B.Procore Technologies' profitablity analysis
The company has Profit Margin (PM) of (0.11) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.11) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.11.Determining Procore Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Procore Technologies is a good buy. For example, gross profit margin measures Procore Technologies' 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 Procore Technologies' profitability and make more informed investment decisions.
Basic technical analysis of Procore Stock
As of the 23rd of July, Procore Technologies holds the Semi Deviation of 0.973, coefficient of variation of 559.47, and Risk Adjusted Performance of 0.1667. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Procore Technologies, as well as the relationship between them. Please check Procore Technologies variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Procore Technologies is priced some-what accurately, providing market reflects its current price of 74.06 per share. Given that Procore Technologies has jensen alpha of 0.1391, we recommend you to check out Procore Technologies's recent market performance to make sure the company can sustain itself at a future point.Procore Technologies' 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 Procore Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Procore Technologies' 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 Procore Technologies 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.
Procore Technologies' Outstanding Corporate Bonds
Procore Technologies 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. Procore Technologies 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 Procore bonds can be classified according to their maturity, which is the date when Procore Technologies 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.
| PROCTER GAMBLE 645 Corp BondUS742718BH18 | View | |
| US742718AV11 Corp BondUS742718AV11 | View | |
| PROCTER GAMBLE 55 Corp BondUS742718CB39 | View | |
| PROCTER GAMBLE 555 Corp BondUS742718DF34 | View | |
| PROCTER GAMBLE 58 Corp BondUS742718DB20 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| PROCTER GAMBLE 245 Corp BondUS742718ER62 | View | |
| PROCTER GAMBLE 27 Corp BondUS742718EP07 | View |
Understand Procore Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Procore Technologies' 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 | 0.1667 | |||
| Market Risk Adjusted Performance | 0.2943 | |||
| Mean Deviation | 1.35 | |||
| Semi Deviation | 0.973 | |||
| Downside Deviation | 1.19 | |||
| Coefficient Of Variation | 559.47 | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.86 | |||
| Information Ratio | 0.0879 | |||
| Jensen Alpha | 0.1391 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1445 | |||
| Treynor Ratio | 0.2843 | |||
| Maximum Drawdown | 13.36 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 3.23 | |||
| Downside Variance | 1.43 | |||
| Semi Variance | 0.9466 | |||
| Expected Short fall | (1.83) | |||
| Skewness | 2.14 | |||
| Kurtosis | 8.77 |
| Risk Adjusted Performance | 0.1667 | |||
| Market Risk Adjusted Performance | 0.2943 | |||
| Mean Deviation | 1.35 | |||
| Semi Deviation | 0.973 | |||
| Downside Deviation | 1.19 | |||
| Coefficient Of Variation | 559.47 | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.86 | |||
| Information Ratio | 0.0879 | |||
| Jensen Alpha | 0.1391 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1445 | |||
| Treynor Ratio | 0.2843 | |||
| Maximum Drawdown | 13.36 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 3.23 | |||
| Downside Variance | 1.43 | |||
| Semi Variance | 0.9466 | |||
| Expected Short fall | (1.83) | |||
| Skewness | 2.14 | |||
| Kurtosis | 8.77 |
Consider Procore Technologies' intraday indicators
Procore Technologies 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 Procore Technologies 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.
Procore Technologies time-series forecasting models is one of many Procore Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Procore Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Procore Stock media impact
There is far too much social signal, news, headlines, and media speculation about Procore Technologies that are available to investors today. This information is accessible both publicly - through Procore Technologies' media outlets and privately, via word of mouth or internal channels. However, regardless of the source, the sheer volume of Procore-related data is difficult to distill into actionable insights, especially for investors who are not well-versed in the rapidly evolving tools and techniques of investment management.
A primary focus of Procore Technologies 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 Procore Technologies 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 Procore Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Procore Technologies alpha.
Procore Technologies Corporate Management
| Sandra Benson | Head Transformation | Profile | |
| Kevin Oconnor | Non-Executive Independent Director | Profile | |
| William Griffith | Non-Executive Independent Director | Profile | |
| Linden Hillenbrand | Chief Officer | Profile | |
| Joy Durling | Chief Officer | Profile | |
| Lawrence Stack | Chief Officer | Profile | |
| Graham Smith | Non-Executive Lead Independent Director | Profile |
Additional Tools for Procore Stock Analysis
When running Procore Technologies' price analysis, check to measure Procore Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Procore Technologies is operating at the current time. Most of Procore Technologies' value examination focuses on studying past and present price action to predict the probability of Procore Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procore Technologies' price. Additionally, you may evaluate how the addition of Procore Technologies to your portfolios can decrease your overall portfolio volatility.