Procore Technologies Stock Buy Hold or Sell Recommendation

PCOR Stock  USD 68.13  2.36  3.59%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Procore Technologies is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated analysis based on historical performance and your stated risk tolerance. It serves as guidance on whether to purchase or sell Procore Technologies within the specified time frame.
  
Check out Procore Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in Procore Stock, please use our How to Invest in Procore Technologies guide.
Note, we conduct extensive research on individual companies such as Procore and provide practical buy, sell, or hold advice based on investors' constraints. Procore Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Execute Procore Technologies Buy or Sell Advice

The Procore recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Procore Technologies. Macroaxis does not own or have any residual interests in Procore Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Procore Technologies' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Procore TechnologiesBuy Procore Technologies
Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Over hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Procore Technologies has a Risk Adjusted Performance of (0.07), Jensen Alpha of (0.14), Total Risk Alpha of 0.1103 and Treynor Ratio of (0.24)
Macroaxis provides unbiased recommendation on Procore Technologies that should be used to complement current analysts and expert consensus on Procore Technologies. Our trade recommendations engine determines the firm's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Procore Technologies is not overpriced, please check all Procore Technologies fundamentals, including its total debt, and the relationship between the gross profit and short ratio . Given that Procore Technologies has a number of shares shorted of 9.12 M, we recommend you to check out Procore Technologies market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Procore Technologies Trading Alerts and Improvement Suggestions

Procore Technologies generated a negative expected return over the last 90 days
Procore Technologies has high historical volatility and very poor performance
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 947.03 M.
Over 91.0% of the company shares are owned by institutional investors
Latest headline from gurufocus.com: Procore Announces CEO Succession Plan

Procore Technologies Returns Distribution Density

The distribution of Procore Technologies' historical returns is an attempt to chart the uncertainty of Procore Technologies' future price movements. The chart of the probability distribution of Procore Technologies daily returns describes the distribution of returns around its average expected value. We use Procore Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Procore Technologies returns is essential to provide solid investment advice for Procore Technologies.
Mean Return
-0.26
Value At Risk
-4.63
Potential Upside
2.96
Standard Deviation
3.00
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Procore Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Procore Stock Institutional Investors

The Procore Technologies' institutional investors refer to entities that pool money to purchase Procore Technologies' securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
Shares
Tiger Technology Management Llc2024-12-31
2.3 M
Fidelity International Ltd2024-12-31
2.2 M
Wasatch Advisors Lp2024-12-31
M
State Street Corp2024-12-31
1.9 M
Jpmorgan Chase & Co2024-12-31
1.8 M
Wellington Management Company Llp2024-12-31
1.8 M
Westfield Capital Management Company, L.p.2024-12-31
1.8 M
Geode Capital Management, Llc2024-12-31
1.7 M
Rgm Capital Llc2024-12-31
1.6 M
Iconiq Capital, Llc2024-12-31
22.7 M
Vanguard Group Inc2024-12-31
11.9 M
Note, although Procore Technologies' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Procore Technologies Cash Flow Accounts

202020212022202320242025 (projected)
Change To Inventory(793K)1.5M(17.8M)15.7M18.1M19.0M
Investments(33.5M)(4.3M)(340.5M)(60.4M)(150.1M)(142.6M)
Change In Cash261.4M206.0M(289.4M)58.0M79.9M83.9M
Free Cash Flow2.9M9.1M(36.8M)47.0M177.0M185.9M
Depreciation26.0M36.4M63.0M71.6M89.8M94.2M
Other Non Cash Items46.2M8.8M12.2M12.6M2.1M2.0M
Capital Expenditures19.0M27.6M49.4M45.0M19.1M30.1M
Net Income(96.2M)(265.2M)(286.9M)(189.7M)(106.0M)(111.3M)
End Period Cash Flow383.3M589.2M299.8M357.8M437.7M324.8M
Change To Netincome24.3M88.9M211.5M166.7M191.7M201.2M

Procore Technologies Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Procore Technologies or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Procore Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Procore stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.14
β
Beta against Dow Jones1.12
σ
Overall volatility
3.07
Ir
Information ratio -0.05

Procore Technologies Volatility Alert

Procore Technologies exhibits very low volatility with skewness of 2.48 and kurtosis of 14.14. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Procore Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Procore Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Procore Technologies Fundamentals Vs Peers

Comparing Procore Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Procore Technologies' direct or indirect competition across all of the common fundamentals between Procore Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Procore Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Procore Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Procore Technologies by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Procore Technologies to competition
FundamentalsProcore TechnologiesPeer Average
Return On Equity-0.0867-0.31
Return On Asset-0.0407-0.14
Profit Margin(0.09) %(1.27) %
Operating Margin(0.22) %(5.51) %
Current Valuation9.51 B16.62 B
Shares Outstanding149.92 M571.82 M
Shares Owned By Insiders8.96 %10.09 %
Shares Owned By Institutions91.39 %39.21 %
Number Of Shares Shorted9.12 M4.71 M
Price To Book7.93 X9.51 X
Price To Sales8.87 X11.42 X
Revenue1.15 B9.43 B
Gross Profit947.03 M27.38 B
EBITDA(12.53 M)3.9 B
Net Income(105.96 M)570.98 M
Cash And Equivalents563.22 M2.7 B
Cash Per Share4.12 X5.01 X
Total Debt74.05 M5.32 B
Debt To Equity0.08 %48.70 %
Current Ratio1.71 X2.16 X
Book Value Per Share8.60 X1.93 K
Cash Flow From Operations196.17 M971.22 M
Short Ratio5.60 X4.00 X
Earnings Per Share(0.72) X3.12 X
Target Price91.53
Number Of Employees4.2 K18.84 K
Beta0.85-0.15
Market Capitalization10.21 B19.03 B
Total Asset2.1 B29.47 B
Retained Earnings(1.24 B)9.33 B
Working Capital371.85 M1.48 B
Net Asset2.1 B
Note: Disposition of 1190 shares by Howard Fu of Procore Technologies at 67.0 subject to Rule 16b-3 [view details]

Procore Technologies Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Procore . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Procore Technologies Buy or Sell Advice

When is the right time to buy or sell Procore Technologies? Buying financial instruments such as Procore Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Procore Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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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.