New Relic Stock Analysis


USD 69.41  1.05  1.54%   

The latest price spike of New Relic may encourage retail investors to take a closer look at the firm as it is trading at a share price of 69.41 on 406,200 in trading volume. The company directors and management may have good odds in positioning the firm resources to exploit market volatility in September. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.29. This high volatility is attributed to the latest market swings and not-so-good earnings reports for some of the New Relic partners.
Additionally, see Stocks Correlation.
The New Relic stock analysis report makes it easy to digest most publicly released information about New Relic and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. New Relic Stock analysis module also helps to analyze the New Relic price relationship with some important fundamental indicators such as market cap and management efficiency.

New Relic Stock Analysis Notes

About 95.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 3.94. New Relic had not issued any dividends in recent years. New Relic, Inc., a software-as-a-service company, delivers a software platform for customers to collect telemetry data and derive insights from that data in a unified front-end application. New Relic, Inc. was founded in 2007 and is headquartered in San Francisco, California. New Relic operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 2217 people. To find out more about New Relic contact Lewis Cirne at 650 777-7600 or learn more at

New Relic Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. New Relic's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding New Relic or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
New Relic appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 785.52 M. Net Loss for the year was (250.4 M) with profit before overhead, payroll, taxes, and interest of 529.24 M.
New Relic has a strong financial position based on the latest SEC filings
Over 95.0% of the company shares are owned by institutional investors
Latest headline from Exercise or conversion by Lewis Cirne of 30000 shares of New Relic subject to Rule 16b-3

New Relic Upcoming and Recent Events

Earnings reports are used by New Relic to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to New Relic 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.
Upcoming Quarterly Report8th of February 2022
Next Financial Report12th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End12th of May 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

New Relic Largest EPS Surprises

Earnings surprises can significantly impact New Relic's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Fiscal Date
Estimated EPS
Reported EPS
View All Earnings Estimates

New Relic SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. New Relic prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that New Relic investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial New Relic specific information freely available to individual and institutional investors to make a timely investment decision.
16th of December 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
8th of November 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition

New Relic Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as New Relic is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading New Relic backward and forwards among themselves. New Relic's institutional investor refers to the entity that pools money to purchase New Relic's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Vanguard Group IncCommon Shares5.2 M258.9 M
Blackrock IncCommon SharesM148.8 M
Champlain Investment Partners LlcCommon Shares2.4 M121.9 M
Tenor Capital Management Co LpDebt109.1 M105.9 M
Clearbridge Investments LlcCommon Shares1.9 M94.6 M
Bnp Paribas Asset Management Holding SaCommon Shares1.6 M77.6 M
Sachem Head Capital Management LpCommon Shares1.5 M74.3 M
Fmr LlcCommon Shares1.2 M61.6 M
Note, although New Relic's 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.

New Relic Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 4.54 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New Relic's market, we take the total number of its shares issued and multiply it by New Relic's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

New Relic Profitablity

New Relic's profitability indicators refer to fundamental financial ratios that showcase New Relic's ability to generate income relative to its revenue or operating costs. If, let's say, New Relic is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, New Relic's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of New Relic's profitability requires more research than a typical breakdown of New Relic's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (31.88) %, 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 (27.49) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.27.
Last ReportedProjected for 2022
Return on Investment(27.15) (29.29) 
Return on Average Assets(17.72) (19.12) 
Return on Average Equity(67.98) (69.77) 
Return on Invested Capital(0.18) (0.19) 
Return on Sales(0.29) (0.31) 

Management Efficiency

The entity has return on total asset (ROA) of (9.55) % which means that it has lost $9.55 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (60.94) %, meaning that it created substantial loss on money invested by shareholders. New Relic management efficiency ratios could be used to measure how well new relic manages its routine affairs as well as how well it operates its assets and liabilities. As of 08/14/2022, Return on Investment is likely to drop to -29.29. In addition to that, Return on Average Assets is likely to drop to -19.12. New Relic Asset Turnover is relatively stable at the moment as compared to the past year. New Relic reported last year Asset Turnover of 0.56. As of 08/14/2022, Average Assets is likely to grow to about 1.6 B, while Return on Average Assets are likely to drop (19.12) .
Last ReportedProjected for 2022
Book Value per Share 7.80  6.25 
Enterprise Value over EBIT(22.50) (24.27) 
Enterprise Value over EBITDA(61.65) (63.27) 
Price to Book Value 10.77  11.99 
Tangible Assets Book Value per Share 23.38  18.62 
Enterprise Value4.8 B4.3 B
Tangible Asset Value1.4 B1.5 B

Technical Drivers

As of the 14th of August 2022, New Relic secures the Mean Deviation of 3.28, downside deviation of 3.24, and Risk Adjusted Performance of 0.1714. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of New Relic, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We are able to interpolate and break down nineteen technical drivers for New Relic, which can be compared to its peers in the industry. Please verify New Relic jensen alpha and semi variance to decide if New Relic is priced some-what accurately, providing market reflects its recent price of 69.41 per share. Given that New Relic has jensen alpha of 0.4516, we recommend you to check New Relic's last-minute market performance to make sure the company can sustain itself at a future point.

New Relic Price Movement Analysis

The output start index for this execution was thirty-one with a total number of output elements of thirty. The Kaufman Adaptive Moving Average allows the user to define New Relic range across which they want the smoothing.

New Relic 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 New Relic insiders, such as employees or executives, is commonly permitted as long as it does not rely on New Relic's 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 New Relic 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.

New Relic Predictive Daily Indicators

New Relic 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 New Relic 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.

New Relic Forecast Models

New Relic time-series forecasting models is one of many New Relic's stock analysis techniquest 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 New Relic's 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 stock market movement and maximize returns from investment trading.

About New Relic Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how New Relic stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling New Relic shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as New Relic. By using and applying New Relic Stock analysis, traders can create a robust methodology for identifying New Relic entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin(29.10) (31.39) 
EBITDA Margin(24.09) (25.99) 
Gross Margin 67.37  81.75 
Profit Margin(31.88) (34.39) 
New Relic, Inc., a software-as-a-service company, delivers a software platform for customers to collect telemetry data and derive insights from that data in a unified front-end application. New Relic, Inc. was founded in 2007 and is headquartered in San Francisco, California. New Relic operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 2217 people.

Current New Relic Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. New Relic analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. New Relic analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
New Relic current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most New Relic analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand New Relic stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of New Relic, talking to its executives and customers, or listening to New Relic conference calls.
New Relic Analyst Advice Details

New Relic Stock Analysis Indicators

New Relic stock analysis indicators help investors evaluate how New Relic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading New Relic shares will generate the highest return on investment. By understating and applying New Relic stock analysis, traders can identify New Relic position entry and exit signals to maximize returns.
Quick Ratio2.05
Fifty Two Week Low41.66
Revenue Growth19.20%
Shares Short Prior Month2.4M
Average Daily Volume Last 10 Day821.65k
Average Daily Volume In Three Month1.04M
Shares Percent Shares Out2.93%
Gross Margins67.37%
Short Percent Of Float3.64%
Forward Price Earnings141.65
Float Shares41.8M
Fifty Two Week High129.70
Enterprise Value To Ebitda-20.48
Fifty Day Average54.58
Two Hundred Day Average75.63
Enterprise Value To Revenue4.85
Additionally, see Stocks Correlation. Note that the New Relic information on this page should be used as a complementary analysis to other New Relic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running New Relic price analysis, check to measure New Relic's 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 New Relic is operating at the current time. Most of New Relic's value examination focuses on studying past and present price action to predict the probability of New Relic's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move New Relic's price. Additionally, you may evaluate how the addition of New Relic to your portfolios can decrease your overall portfolio volatility.
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Is New Relic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Relic. If investors know New Relic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Relic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
4.7 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of New Relic is measured differently than its book value, which is the value of New Relic that is recorded on the company's balance sheet. Investors also form their own opinion of New Relic's value that differs from its market value or its book value, called intrinsic value, which is New Relic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Relic's market value can be influenced by many factors that don't directly affect New Relic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Relic's value and its price as these two are different measures arrived at by different means. Investors typically determine New Relic value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Relic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.