New Relic, Inc. (NEWR) EPS Estimated At $-0.15

New Relic, Inc. (NYSE:NEWR) Logo

Analysts expect New Relic, Inc. (NYSE:NEWR) to report $-0.15 EPS on November, 5.They anticipate $0.04 EPS change or 36.36 % from last quarter’s $-0.11 EPS. After having $-0.16 EPS previously, New Relic, Inc.’s analysts see -6.25 % EPS growth. The stock decreased 0.21% or $0.13 during the last trading session, reaching $63.24. About 745,549 shares traded. New Relic, Inc. (NYSE:NEWR) has declined 6.04% since October 7, 2018 and is downtrending. It has underperformed by 6.04% the S&P500.

New Relic, Inc. (NYSE:NEWR) Ratings Coverage

Among 6 analysts covering New Relic (NYSE:NEWR), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. New Relic has $10400 highest and $6200 lowest target. $73.67’s average target is 16.49% above currents $63.24 stock price. New Relic had 14 analyst reports since May 18, 2019 according to SRatingsIntel. The stock has “Overweight” rating by Morgan Stanley on Wednesday, August 21. The company was maintained on Wednesday, August 7 by Morgan Stanley. Cowen & Co maintained the shares of NEWR in report on Tuesday, September 17 with “Outperform” rating. Robert W. Baird maintained the stock with “Outperform” rating in Tuesday, September 17 report. The firm earned “Overweight” rating on Tuesday, September 17 by Morgan Stanley. UBS maintained the stock with “Neutral” rating in Tuesday, September 17 report.

New Relic, Inc., a software-as-a-service company, provides digital intelligence products worldwide. The company has market cap of $3.55 billion. The company??s cloud platform and suite of products include New Relic Digital Intelligence Platform, which enables organizations to collect, store, and analyze data. It currently has negative earnings. It provides New Relic Application Performance Management that offers visibility into the performance and usage of server applications, such as data pertaining to response time, transaction throughput, error rates, transactions, and user satisfaction; New Relic Mobile, which provides code-level visibility into the performance of mobile applications running on the iOS and Android mobile operating systems; and New Relic Browser, a product that monitors the page view experiences of actual end-users for desktop and mobile browser applications.

More notable recent New Relic, Inc. (NYSE:NEWR) news were published by: Fool.com which released: “Don’t Underestimate Datadog’s Intensifying Competition – The Motley Fool” on October 01, 2019, also Benzinga.com with their article: “A Look At Benzinga Pro’s Most-Searched Tickers For September 16, 2019 – Benzinga” published on September 16, 2019, Benzinga.com published: “11 Technology Stocks Moving In Monday’s Pre-Market Session – Benzinga” on September 16, 2019. More interesting news about New Relic, Inc. (NYSE:NEWR) were released by: Finance.Yahoo.com and their article: “Is New Relic Inc (NEWR) A Good Stock To Buy? – Yahoo Finance” published on June 14, 2019 as well as Seekingalpha.com‘s news article titled: “New Relic: The Cheapest It’s Been In Years – Seeking Alpha” with publication date: August 08, 2019.

New Relic, Inc. (NYSE:NEWR) Ratings Chart

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