New Relic, Inc. (NEWR) EPS Estimated At $-0.08

October 13, 2018 - By Winifred Garcia

New Relic, Inc. (NYSE:NEWR) Logo

Analysts expect New Relic, Inc. (NYSE:NEWR) to report $-0.08 EPS on November, 6.They anticipate $0.17 EPS change or 68.00 % from last quarter’s $-0.25 EPS. After having $-0.03 EPS previously, New Relic, Inc.’s analysts see 166.67 % EPS growth. The stock increased 5.79% or $4.7 during the last trading session, reaching $85.83. About 1.11 million shares traded or 32.49% up from the average. New Relic, Inc. (NYSE:NEWR) has risen 120.69% since October 14, 2017 and is uptrending. It has outperformed by 105.07% the S&P500.

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

Among 9 analysts covering New Relic Inc (NYSE:NEWR), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. New Relic Inc had 14 analyst reports since May 9, 2018 according to SRatingsIntel. The stock has “Buy” rating by BMO Capital Markets on Wednesday, May 9. Morgan Stanley maintained the shares of NEWR in report on Wednesday, June 27 with “Equal-Weight” rating. BMO Capital Markets maintained New Relic, Inc. (NYSE:NEWR) rating on Wednesday, August 8. BMO Capital Markets has “Outperform” rating and $117 target. As per Tuesday, June 5, the company rating was maintained by Needham. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, May 9. Morgan Stanley maintained New Relic, Inc. (NYSE:NEWR) rating on Wednesday, August 8. Morgan Stanley has “Equal-Weight” rating and $102 target. The stock of New Relic, Inc. (NYSE:NEWR) has “Outperform” rating given on Tuesday, June 5 by Robert W. Baird. The firm has “Outperform” rating by BMO Capital Markets given on Tuesday, June 5. The stock has “Sector Weight” rating by KeyBanc Capital Markets on Wednesday, June 6. The rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, June 6.

New Relic, Inc., a software-as-a-service company, provides digital intelligence products worldwide. The company has market cap of $4.85 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 important recent New Relic, Inc. (NYSE:NEWR) news were published by: Seekingalpha.com which released: “Buy Clorox At $140 – Cramer’s Lightning Round (10/3/18)” on October 04, 2018, also Streetinsider.com published article titled: “New Relic (NEWR) acquires Technology and Team Members from CoScale”, Bizjournals.com published: “North Texas among the regions benefitting from ‘Bay Area exodus'” on October 11, 2018. More interesting news about New Relic, Inc. (NYSE:NEWR) was released by: Seekingalpha.com and their article: “New Relic: Expensive Relic From The Past” with publication date: September 28, 2018.

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

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