Asanainc Stock Today
| ASAN Stock | USD 15.76 0.02 0.13% |
Performance0 of 100
| Odds Of DistressLess than 31
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AsanaInc is selling at 15.76 as of the 21st of May 2024; that is -0.13 percent down since the beginning of the trading day. The stock's open price was 15.78. AsanaInc has about a 31 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for AsanaInc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of November 2023 and ending today, the 21st of May 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 30th of September 2020 | Category Technology | Classification Information Technology |
Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. Asana, Inc. was incorporated in 2008 and is headquartered in San Francisco, California. The company has 142.33 M outstanding shares of which 13.74 M shares are presently shorted by private and institutional investors with about 8.16 trading days to cover. More on AsanaInc
Moving together with AsanaInc Stock
| 0.76 | U | Unity Software | PairCorr |
| 0.84 | AI | C3 Ai Inc Financial Report 29th of May 2024 | PairCorr |
| 0.75 | DT | Dynatrace Holdings LLC Sell-off Trend | PairCorr |
Moving against AsanaInc Stock
| 0.75 | ML | MoneyLion | PairCorr |
| 0.7 | DOCU | DocuSign Financial Report 13th of June 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 6th of June 2024
AsanaInc Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. AsanaInc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AsanaInc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, AsanaInc's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to AsanaInc's managers, analysts, and investors.
Environmental | Governance | Social |
| Chairman | Dustin Moskovitz | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Systems Software, Software - Application, Information Technology, NYSE Composite, ISE Cloud Computing, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering AsanaInc report their recommendations after researching AsanaInc's financial statements, talking to executives and customers, or listening in on AsanaInc's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering AsanaInc. The AsanaInc consensus assessment is calculated by taking the average forecast from all of the analysts covering AsanaInc. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from AsanaInc's historical financial statements, AsanaInc is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in June. Financial strength of AsanaInc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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AsanaInc's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to AsanaInc's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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 AsanaInc's financial leverage. It provides some insight into what part of AsanaInc's total assets is financed by creditors.
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AsanaInc (ASAN) is traded on New York Stock Exchange in USA. It is located in 633 Folsom Street, San Francisco, CA, United States, 94107 and employs 1,840 people. AsanaInc is listed under Systems Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.59 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AsanaInc's market, we take the total number of its shares issued and multiply it by AsanaInc'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 those looking for more risk prefer small-cap and mid-cap equities. AsanaInc conducts business under Software sector and is part of Information Technology industry. The entity has 142.33 M outstanding shares of which 13.74 M shares are presently shorted by private and institutional investors with about 8.16 trading days to cover.
AsanaInc 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.
Check AsanaInc Probability Of Bankruptcy
Ownership AllocationAsanaInc holds a total of 142.33 Million outstanding shares. AsanaInc retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check AsanaInc Ownership Details
AsanaInc Stock Institutional Holders
Institutional Holdings refers to the ownership stake in AsanaInc that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AsanaInc's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing AsanaInc's value.| Instituion | Recorded On | Shares | |
| First Trust Advisors L.p. | 2023-12-31 | 937.7 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 932.5 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 788.3 K | |
| Northern Trust Corp | 2023-12-31 | 755.7 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 696.3 K | |
| Man Group Plc | 2023-12-31 | 485.6 K | |
| Norges Bank | 2023-12-31 | 394.5 K | |
| Whetstone Capital Advisors, Llc | 2023-12-31 | 384 K | |
| Jpmorgan Chase & Co | 2023-12-31 | 380.9 K | |
| Ing Investment Management Llc | 2023-12-31 | 10.7 M | |
| Vanguard Group Inc | 2023-12-31 | 8.8 M |
AsanaInc Historical Income Statement
AsanaInc Income Statement is one of the three primary financial statements used for reporting AsanaInc's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AsanaInc revenue and expense. AsanaInc Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, AsanaInc's Net Interest Income is very stable compared to the past year. As of the 21st of May 2024, Interest Income is likely to grow to about 22.2 M, while Tax Provision is likely to drop about 2.5 M. View More FundamentalsAsanaInc Stock Against Markets
Picking the right benchmark for AsanaInc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AsanaInc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AsanaInc is critical whether you are bullish or bearish towards AsanaInc at a given time. Please also check how AsanaInc's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in AsanaInc without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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AsanaInc Corporate Management
Elected by the shareholders, the AsanaInc's board of directors comprises two types of representatives: AsanaInc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AsanaInc. The board's role is to monitor AsanaInc's management team and ensure that shareholders' interests are well served. AsanaInc's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AsanaInc's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Prashant Pandey | Head Engineering | Profile | |
| Alex Hood | Head Product | Profile | |
| Amit Singh | Director | Profile | |
| Sydney Carey | Independent Director | Profile | |
| Lorrie Norrington | Lead Independent Director | Profile | |
| Eleanor Lacey | General Counsel, Corporate Secretary | Profile |
How to buy AsanaInc Stock?
Before investing in AsanaInc, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in AsanaInc. To buy AsanaInc stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of AsanaInc. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase AsanaInc stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located AsanaInc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased AsanaInc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as AsanaInc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy AsanaInc Stock please use our How to Invest in AsanaInc guide.
Already Invested in AsanaInc?
The danger of trading AsanaInc 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 AsanaInc 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 AsanaInc. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AsanaInc 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 AsanaInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AsanaInc'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 Asanainc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asanainc Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AsanaInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in AsanaInc Stock, please use our How to Invest in AsanaInc guide.Note that the AsanaInc information on this page should be used as a complementary analysis to other AsanaInc'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 the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for AsanaInc Stock analysis
When running AsanaInc's price analysis, check to measure AsanaInc'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 AsanaInc is operating at the current time. Most of AsanaInc's value examination focuses on studying past and present price action to predict the probability of AsanaInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AsanaInc's price. Additionally, you may evaluate how the addition of AsanaInc to your portfolios can decrease your overall portfolio volatility.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |
Is AsanaInc'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 AsanaInc. If investors know AsanaInc 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 AsanaInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.17) | Revenue Per Share 2.96 | Quarterly Revenue Growth 0.139 | Return On Assets (0.17) | Return On Equity (0.75) |
The market value of AsanaInc is measured differently than its book value, which is the value of AsanaInc that is recorded on the company's balance sheet. Investors also form their own opinion of AsanaInc's value that differs from its market value or its book value, called intrinsic value, which is AsanaInc'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 AsanaInc's market value can be influenced by many factors that don't directly affect AsanaInc'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 AsanaInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if AsanaInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AsanaInc'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.