On24 Inc Stock Today
| ONTF Stock | USD 6.43 0.18 2.88% |
Performance0 of 100
| Odds Of DistressLess than 20
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ON24 is trading at 6.43 as of the 21st of November 2024. This is a 2.88 percent increase since the beginning of the trading day. The stock's lowest day price was 6.25. ON24 has about a 20 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for ON24 Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 3rd of February 2021 | Category Technology | Classification Information Technology |
ON24, Inc. provides a cloud-based digital experience platform that enables businesses to convert customer engagement into revenue through interactive webinar, virtual event, and multimedia content experiences worldwide. The company was incorporated in 1998 and is headquartered in San Francisco, California. The company has 41.65 M outstanding shares of which 359.59 K shares are now shorted by private and institutional investors with about 4.15 trading days to cover. More on ON24 Inc
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ON24 Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Sharat Sharan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Software (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Application, Information Technology, NYSE Composite, Software, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsON24 can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ON24's financial leverage. It provides some insight into what part of ON24's total assets is financed by creditors.
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ON24 Inc (ONTF) is traded on New York Stock Exchange in USA. It is located in 50 Beale Street, San Francisco, CA, United States, 94105 and employs 462 people. ON24 is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 260.32 M. ON24 Inc conducts business under Software sector and is part of Information Technology industry. The entity has 41.65 M outstanding shares of which 359.59 K shares are now shorted by private and institutional investors with about 4.15 trading days to cover.
ON24 Inc currently holds about 344.87 M in cash with (12.2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.26, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check ON24 Probability Of Bankruptcy
Ownership AllocationON24 Inc secures a total of 41.65 Million outstanding shares. The majority of ON24 Inc outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to secure positions in ON24 Inc to benefit from reduced commissions. Thereupon, outside corporations are subject to a different set of regulations than regular investors in ON24 Inc. Please pay attention to any change in the institutional holdings of ON24 as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company retains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check ON24 Ownership Details
ON24 Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Arrowstreet Capital Limited Partnership | 2024-06-30 | 427.8 K | |
| Circumference Group Llc | 2024-09-30 | 340.2 K | |
| Horrell Capital Management, Inc. | 2024-06-30 | 340.2 K | |
| Palogic Value Management Lp | 2024-09-30 | 331.8 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 297.7 K | |
| Oak Hill Investment Management, L.p. | 2024-09-30 | 283.3 K | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 282.9 K | |
| Northern Trust Corp | 2024-09-30 | 267 K | |
| Acadian Asset Management Llc | 2024-06-30 | 251.7 K | |
| Lynrock Lake Lp | 2024-06-30 | 7.3 M | |
| Indaba Capital Management, Llc | 2024-06-30 | 4.2 M |
ON24 Historical Income Statement
ON24 Stock Against Markets
ON24 Corporate Management
| Mark Bornstein | VP Evangelist | Profile | |
| Byron Bardy | Vice President - of Corporate Development and Strategic Alliances | Profile | |
| Denise Persson | Independent Director | Profile | |
| James Blackie | Chief Revenue Officer | Profile | |
| Steven Long | Chief Officer | Profile | |
| Tessa Barron | Senior Marketing | Profile | |
| William Weesner | Corporate Counsel | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON24 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 estimate. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Application 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 ON24. If investors know ON24 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 ON24 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.04) | Revenue Per Share 3.615 | Quarterly Revenue Growth (0.07) | Return On Assets (0.11) | Return On Equity (0.24) |
The market value of ON24 Inc is measured differently than its book value, which is the value of ON24 that is recorded on the company's balance sheet. Investors also form their own opinion of ON24's value that differs from its market value or its book value, called intrinsic value, which is ON24'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 ON24's market value can be influenced by many factors that don't directly affect ON24'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 ON24's value and its price as these two are different measures arrived at by different means. Investors typically determine if ON24 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ON24'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.