NEWR Company Profile and Key Details

Q: Who are the executives of NEWR?

Mr. Peter PezarisChief Design & Strategy OfficerMr. Mark DoddsChief Revenue OfficerMs. Kristy FriedrichsChief Operating OfficerMr. John SiebertExecutive Vice President of Sales for AmericasMr. William StaplesChief Executive Officer & DirectorMr. Lewis CirneFounder & Executive ChairmanMr. Gregory OuillonEMEA Field Chief Technology OfficerMs. Tracy WilliamsChief People & Diversity OfficerMr. Jay G. SynderExecutive Vice President & Chief Customer OfficerMr. Peter GoldmacherVice President of Investor RelationsMr. David BarterChief Financial OfficerMr. Jay G. SnyderExecutive Vice President & Chief Customer OfficerMr. Manav KhuranaChief Product OfficerMr. Siva PadisettyChief Technology OfficerMr. Thomas LloydChief Legal Officer & Corporation Sec.

NYSE : NEWR

New Relic

$86.99

0.02+0.02%

At Close 4:00 PM

Not Actively Trading

60.79

BESG ScoreESG Rating

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

New Relic, Inc. (NEWR) stock surged +0.02%, trading at $86.99 on NYSE, up from the previous close of $86.97. The stock opened at $86.98, fluctuating between $86.97 and $87.01 in the recent session.

Stock Snapshot

86.97

Prev. Close

6.18B

Market Cap

86.97

Day Low

-41.622009569377994

P/E Ratio

-2.09

EPS (TTM)

1.09

Cash Flow per Share

86.98

Open

71.02M

Number of Shares

87.01

Day High

79.77%

Free Float in %

5.5

Book Value

3.42M

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
Nov 07, 2023	86.96	87.01	86.97	86.99	3.42M
Nov 06, 2023	86.96	86.98	86.95	86.97	1.26M
Nov 03, 2023	86.92	86.96	86.91	86.94	2.84M
Nov 02, 2023	86.91	86.93	86.90	86.91	2.16M
Nov 01, 2023	86.70	86.80	86.57	86.64	2.47M
Oct 31, 2023	86.55	86.80	86.54	86.67	734.1K
Oct 30, 2023	86.71	86.80	86.51	86.54	2.44M
Oct 27, 2023	86.76	86.81	86.66	86.68	2.23M
Oct 26, 2023	86.45	86.54	86.27	86.38	471.3K
Oct 25, 2023	86.40	86.49	86.35	86.41	620.36K
Oct 24, 2023	86.30	86.42	86.21	86.34	401.92K
Oct 23, 2023	86.25	86.40	85.89	86.25	1.54M
Oct 20, 2023	85.65	85.80	85.40	85.70	1.1M
Oct 19, 2023	85.68	85.84	85.40	85.65	1.2M
Oct 18, 2023	85.76	85.83	85.08	85.40	1.59M
Oct 17, 2023	85.72	85.90	85.66	85.70	1.19M
Oct 16, 2023	85.87	85.89	85.62	85.80	1.12M
Oct 13, 2023	85.90	86.03	85.64	85.72	1.1M
Oct 12, 2023	85.98	85.99	85.88	85.92	888.2K
Oct 11, 2023	85.85	85.99	85.85	85.95	870.15K

Contact Details

San Francisco, CA 94105

United States

https://www.newrelic.com 650 503 6376

About Company

New Relic, Inc. offers a software-as-a-service (SaaS) platform designed to empower customers to centralize the collection of telemetry data and glean actionable insights from it, all presented within a unified interface. This robust, cloud-native platform is designed to be open and adaptable, enabling users to efficiently acquire, store, and analyze diverse operational data. A significant offering is "New Relic Instant Observability," an open-source ecosystem of accelerated deployment kits which furnishes pre-built integrations, comprehensive dashboards, and alert configurations for approximately 450 distinct technologies and frameworks. Beyond this, the platform facilitates custom application development, supported by established open-source frameworks, an extensive library of existing applications, and a dedicated development environment. The company distributes its solutions through direct sales teams, alongside online and offline channels, catering to both domestic U.S. and international markets. Established in 2007, New Relic, Inc. is headquartered in San Francisco, California.

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Company Overview

New Relic, Inc. (NYSE:NEWR) closed at $86.99 USD, gaining $0.02 (0.02%) from the previous close of $86.97. The stock is currently trading near its 52-week high $50.30 and $87.01. With a market capitalization of about $6.18 billion, New Relic, Inc. is classified as a mid-cap and shows market-like volatility (beta ~0.84). Key stats such as the average daily volume over the past year has been around 1.37 million shares, trading with heavier-than-usual volume. Headquartered in San Francisco, CA, New Relic, Inc. operates in the Technology sector and the Software - Infrastructure industry. Led by CEO William Staples, the company employs approximately 2,383 people and listed since December 12, 2014. New Relic, Inc. offers a software-as-a-service (SaaS) platform designed to empower customers to centralize the collection of telemetry data and glean actionable insights from it, all presented within a unified interface.

Technical Performance

NEWR has shown sold momentum, gaining 16.44% over the past week and 50.28% over the past quarter, though year-to-date performance is up 69.46%. Short-term trend indicators are bearishly aligned (SMA20 0.2%, SMA50 1.2%, SMA200 17.36%). The stock’s 14-day RSI is 69.3 (firm momentum), while the ATR of 0.26 points to tighter daily ranges. The stock remains currently trading near 52-week highs, trading 86.05% below its high and over 50.24% above its low.

Valuation Metrics

New Relic, Inc. trades at a P/E ratio of -32.95, slightly below the S&P 500 average, with a price-to-sales ratio of 6.67 and a price-to-book ratio of 17.28 reflecting a rich premium to book value. The P/FCF stands at 182.91, also above market averages. Compared to sector medians, New Relic, Inc. P/S is trading rich, and the P/B is far higher than peers, underscoring the brand and earnings power premium investors assign to the stock.

Dividend & Fair Value

New Relic, Inc. last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $24.20. This means the shares are trading above this model’s fair value.

Earnings & Analyst Outlook

New Relic, Inc. earnings surprise history is a mixed track record. The quarter that ended November 14, 2023, missed forecasts by -105.88%. The prior quarter beat by 38.71%. Over the last six quarters, Apple has recorded several small beats. These include -27.78% in August 04, 2022.

Financial & Profitability Overview

Over the trailing twelve months, New Relic generated $925.63M in revenue, or $13.69 per share. Gross margin was 73.38%, operating margin -20.01%, and net profit margin -19.32%. Returns are negative, with ROA at -12.60% and ROE at -52.53%.
On valuation metrics, New Relic trades at a P/E of -32.95, P/S of 6.67 and P/B of 17.28. The current ratio is 1.16 and quick ratio is 1.15. Operationally, the company’s inventory turnover is 16.47 and cash conversion cycle is 70.92 days. Debt-to-equity is 1.61, supported by a cash flow-to-debt ratio of 0.10.

Quarterly Financial Highlights

For the quarter ended Mar 31, 2023, New Relic posted revenue of $925.63M, down slightly from $785.52M in the prior quarter. Gross profit was $679.24M (margin 73.38%). Operating income was - $185.24M (margin -20.0%). Net income was- $178.83M (EPS - $2.64).
The company ended the quarter with $879.81M in cash and short-term investments, a total debt of $549.36M, and net debt of - $76.37M. Total assets were $1.42B, with equity of $363.54M. Financials further reflected stability, with operating cash flow of $53.77M, free cash flow of $33.78M, and capital expenditures of - $19.99M.

Price Forecast & Outlook

Our AI price prediction model suggests that New Relic, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 0.79%, with price expected at $87.68 by November 21, 2023, within a range of $85.95 to $89.50 3-Month Outlook: Projected fall of -5.43%, reaching $82.27 by February 01, 2024, with a range of $78.98 to $86.04. 1-Year Outlook: Projected loss of -14.23%, with price at $74.61 by November 06, 2024, within a range of $68.98 to $79.03.

Key Takeaways

New Relic, Inc. (NYSE:NEWR) shares are up 69.46% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows New Relic, Inc. trading at a premium to the broader market with a P/E of -32.95. Our AI forecast model points to short-term strength (0.79% over two weeks), a medium-term fall (-5.43% over three months), and a longer-term loss (-14.23% over one year), with expected trading ranges indicating moderate volatility.

Frequently Asked Questions

What is the current New Relic, Inc. (NEWR) stock price?

New Relic, Inc. (NYSE: NEWR) stock price is $86.99 in the last trading session. During the trading session, NEWR stock reached the peak price of $87.01 while $86.97 was the lowest point it dropped to. The percentage change in NEWR stock occurred in the recent session was 0.02% while the dollar amount for the price change in NEWR stock was $0.02.

NEWR's industry and sector of operation?

The NYSE listed NEWR is part of Software - Infrastructure industry that operates in the broader Technology sector. New Relic, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of NEWR?

Mr. Peter Pezaris
Chief Design & Strategy Officer
Mr. Mark Dodds
Chief Revenue Officer
Ms. Kristy Friedrichs
Chief Operating Officer
Mr. John Siebert
Executive Vice President of Sales for Americas
Mr. William Staples
Chief Executive Officer & Director
Mr. Lewis Cirne
Founder & Executive Chairman
Mr. Gregory Ouillon
EMEA Field Chief Technology Officer
Ms. Tracy Williams
Chief People & Diversity Officer
Mr. Jay G. Synder
Executive Vice President & Chief Customer Officer
Mr. Peter Goldmacher
Vice President of Investor Relations
Mr. David Barter
Chief Financial Officer
Mr. Jay G. Snyder
Executive Vice President & Chief Customer Officer
Mr. Manav Khurana
Chief Product Officer
Mr. Siva Padisetty
Chief Technology Officer
Mr. Thomas Lloyd
Chief Legal Officer & Corporation Sec.

How NEWR did perform over past 52-week?

NEWR's closing price is 72.94% higher than its 52-week low of $50.30 where as its distance from 52-week high of $87.01 is -0.02%.

How many employees does NEWR have?

Number of NEWR employees currently stands at 2,383.

Link for NEWR official website?

Official Website of NEWR is: https://www.newrelic.com

How do I contact NEWR?

NEWR could be contacted at phone 650 503 6376 and can also be accessed through its website. NEWR operates from 188 Spear Street, San Francisco, CA 94105, United States.

How many shares of NEWR are traded daily?

NEWR stock volume for the day was 3.42M shares. The average number of NEWR shares traded daily for last 3 months was 1.37M.

What is the market cap of NEWR currently?

The market value of NEWR currently stands at $6.18B with its latest stock price at $86.99 and 71.02M of its shares outstanding.

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Employees	2383
Beta	0.84
Sales or Revenue	$925.63M
5Y Sales Change%	1.113%
Fiscal Year Ends	March
Sector	Technology
Industry	Software - Infrastructure

NEWR Company Profile and Key Details

New Relic

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Technical Performance

Valuation Metrics

Dividend & Fair Value

Earnings & Analyst Outlook

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Earnings & Analyst Outlook

Technical Performance

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Dividend & Fair Value

Company Overview

Valuation Metrics