Is Asana Stock a Good Investment?
Asana Investment Advice | ASAN |
- Examine Asana's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Asana's leadership team and their track record. Good management can help Asana navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Systems Software space and any emerging trends that could impact Asana's business and its evolving consumer preferences.
- Compare Asana's performance and market position to its competitors. Analyze how Asana is positioned in terms of product offerings, innovation, and market share.
- Check if Asana pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Asana's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Asana Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Asana Inc is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Asana Stock
Researching Asana's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 42.0% of the company shares are held by company insiders. The company recorded a loss per share of 1.12. Asana Inc had not issued any dividends in recent years.
To determine if Asana is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Asana's research are outlined below:
| Asana Inc is way too risky over 90 days horizon | |
| Asana Inc appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 652.5 M. Net Loss for the year was (257.03 M) with profit before overhead, payroll, taxes, and interest of 631.7 M. | |
| Asana Inc currently holds about 238.91 M in cash with (17.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25. | |
| Asana Inc has a poor financial position based on the latest SEC disclosures | |
| Roughly 42.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Why Asana Stock is Moving Today |
Asana Quarterly Liabilities And Stockholders Equity |
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Asana uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Asana Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Asana's 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.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 6th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 13th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Asana'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. Below are the table of largest EPS Surprises Asana's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-30 | 2024-04-30 | -0.08 | -0.06 | 0.02 | 25 | ||
2024-09-03 | 2024-07-31 | -0.08 | -0.05 | 0.03 | 37 | ||
2022-03-09 | 2022-01-31 | -0.28 | -0.25 | 0.03 | 10 | ||
2021-09-01 | 2021-07-31 | -0.26 | -0.23 | 0.03 | 11 | ||
2021-12-02 | 2021-10-31 | -0.27 | -0.23 | 0.04 | 14 | ||
2021-03-10 | 2021-01-31 | -0.26 | -0.22 | 0.04 | 15 | ||
2024-12-05 | 2024-10-31 | -0.07 | -0.02 | 0.05 | 71 | ||
2022-09-07 | 2022-07-31 | -0.39 | -0.34 | 0.05 | 12 |
Know Asana's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Asana is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Asana Inc backward and forwards among themselves. Asana's institutional investor refers to the entity that pools money to purchase Asana'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.
| Shares | J. Goldman & Co Lp | 2024-09-30 | 1.2 M | Generation Investment Management Llp | 2024-09-30 | 1000 K | Jpmorgan Chase & Co | 2024-09-30 | 832.6 K | Bank Of New York Mellon Corp | 2024-09-30 | 793.8 K | Northern Trust Corp | 2024-09-30 | 792.7 K | Charles Schwab Investment Management Inc | 2024-09-30 | 646 K | Two Sigma Advisers, Llc | 2024-09-30 | 542.4 K | Bank Of America Corp | 2024-09-30 | 537.4 K | Nomura Holdings Inc | 2024-09-30 | 383.4 K | Ing Investment Management Llc | 2024-09-30 | 11.6 M | Vanguard Group Inc | 2024-09-30 | 10.2 M |
Asana's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.52 B.Market Cap |
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Asana's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.27) | (0.28) | |
| Return On Capital Employed | (0.45) | (0.48) | |
| Return On Assets | (0.27) | (0.28) | |
| Return On Equity | (0.79) | (0.75) |
Determining Asana's profitability involves analyzing its financial statements and using various financial metrics to determine if Asana is a good buy. For example, gross profit margin measures Asana's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Asana's profitability and make more informed investment decisions.
Asana's Earnings Breakdown by Geography
Evaluate Asana's management efficiency
Asana Inc has return on total asset (ROA) of (0.1803) % which means that it has lost $0.1803 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.8306) %, meaning that it created substantial loss on money invested by shareholders. Asana's management efficiency ratios could be used to measure how well Asana manages its routine affairs as well as how well it operates its assets and liabilities. As of the 17th of December 2024, Return On Tangible Assets is likely to drop to -0.28. In addition to that, Return On Capital Employed is likely to drop to -0.48. As of the 17th of December 2024, Net Tangible Assets is likely to grow to about 430.6 M, while Total Assets are likely to drop about 713.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.48 | 1.55 | |
| Tangible Book Value Per Share | 1.48 | 1.55 | |
| Enterprise Value Over EBITDA | (16.51) | (17.34) | |
| Price Book Value Ratio | 11.76 | 12.35 | |
| Enterprise Value Multiple | (16.51) | (17.34) | |
| Price Fair Value | 11.76 | 12.35 | |
| Enterprise Value | 4.5 B | 5.3 B |
Evaluating the management effectiveness of Asana allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Asana Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Beta 1.134 |
Basic technical analysis of Asana Stock
As of the 17th of December 2024, Asana shows the risk adjusted performance of 0.1717, and Mean Deviation of 3.13. Asana Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Asana's 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 Asana insiders, such as employees or executives, is commonly permitted as long as it does not rely on Asana'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 Asana 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.
Asana's Outstanding Corporate Bonds
Asana issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Asana Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Asana bonds can be classified according to their maturity, which is the date when Asana Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| US043436AV64 Corp BondUS043436AV64 | View |
Understand Asana's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Asana's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1717 | |||
| Market Risk Adjusted Performance | 0.9541 | |||
| Mean Deviation | 3.13 | |||
| Semi Deviation | 1.38 | |||
| Downside Deviation | 2.24 | |||
| Coefficient Of Variation | 443.4 | |||
| Standard Deviation | 6.26 | |||
| Variance | 39.15 | |||
| Information Ratio | 0.2119 | |||
| Jensen Alpha | 1.29 | |||
| Total Risk Alpha | 0.7484 | |||
| Sortino Ratio | 0.591 | |||
| Treynor Ratio | 0.9441 | |||
| Maximum Drawdown | 49.36 | |||
| Value At Risk | (3.62) | |||
| Potential Upside | 7.04 | |||
| Downside Variance | 5.03 | |||
| Semi Variance | 1.92 | |||
| Expected Short fall | (4.06) | |||
| Skewness | 4.99 | |||
| Kurtosis | 32.04 |
| Risk Adjusted Performance | 0.1717 | |||
| Market Risk Adjusted Performance | 0.9541 | |||
| Mean Deviation | 3.13 | |||
| Semi Deviation | 1.38 | |||
| Downside Deviation | 2.24 | |||
| Coefficient Of Variation | 443.4 | |||
| Standard Deviation | 6.26 | |||
| Variance | 39.15 | |||
| Information Ratio | 0.2119 | |||
| Jensen Alpha | 1.29 | |||
| Total Risk Alpha | 0.7484 | |||
| Sortino Ratio | 0.591 | |||
| Treynor Ratio | 0.9441 | |||
| Maximum Drawdown | 49.36 | |||
| Value At Risk | (3.62) | |||
| Potential Upside | 7.04 | |||
| Downside Variance | 5.03 | |||
| Semi Variance | 1.92 | |||
| Expected Short fall | (4.06) | |||
| Skewness | 4.99 | |||
| Kurtosis | 32.04 |
Consider Asana's intraday indicators
Asana 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 Asana 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.
| Accumulation Distribution | 272139.0 | |||
| Daily Balance Of Power | (0.90) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 26.98 | |||
| Day Typical Price | 26.76 | |||
| Price Action Indicator | (1.26) | |||
| Period Momentum Indicator | (1.20) |
Asana Corporate Filings
8K | 5th of December 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 13th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F4 | 5th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 13th of September 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Asana Stock media impact
Far too much social signal, news, headlines, and media speculation about Asana that are available to investors today. That information is available publicly through Asana media outlets and privately through word of mouth or via Asana internal channels. However, regardless of the origin, that massive amount of Asana data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Asana news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Asana relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Asana's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Asana alpha.
Asana Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Asana can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Asana Inc Historical Investor Sentiment
Investor biases related to Asana's public news can be used to forecast risks associated with an investment in Asana. The trend in average sentiment can be used to explain how an investor holding Asana can time the market purely based on public headlines and social activities around Asana Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Asana's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Asana and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Asana news discussions. The higher the estimate score, the more favorable the investor's outlook on Asana.
Asana Corporate Management
| Prashant Pandey | Head Engineering | Profile | |
| Alex Hood | Head Product | Profile | |
| Ed McDonnell | Head Revenue | Profile | |
| Amit Singh | Director | Profile | |
| Sydney Carey | Independent Director | Profile | |
| Lorrie Norrington | Lead Independent Director | Profile |
Already Invested in Asana Inc?
The danger of trading Asana Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Asana is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Asana. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Asana Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Asana Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Asana's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asana Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asana Inc Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asana Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Systems Software space 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 Asana. If investors know Asana 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 Asana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.12) | Revenue Per Share 3.053 | Quarterly Revenue Growth 0.103 | Return On Assets (0.18) | Return On Equity (0.83) |
The market value of Asana Inc is measured differently than its book value, which is the value of Asana that is recorded on the company's balance sheet. Investors also form their own opinion of Asana's value that differs from its market value or its book value, called intrinsic value, which is Asana'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 Asana's market value can be influenced by many factors that don't directly affect Asana's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Asana's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Asana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asana'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.