Why Asana Stock Plummeted 27% in March
The enterprise-software company’s share price plummeted following the release of its fourth-quarter earnings report.
Similarly Is Asana a buy Zacks? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
How many shares of Asana are there? Share Statistics
| Avg Vol (3 month) 3 | 5.32M |
|---|---|
| Shares Outstanding 5 | 97.69M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 70.96M |
| % Held by Insiders 1 | 26.78% |
Additionally, Why did Asana go up today?
Asana stock is gaining thanks to market momentum and a recent SEC filing.
Is Asana a buy stock?
Adding ASAN Stock to Portfolios
Among 13 analysts polled, Asana has a “buy” rating. Also, the consensus of 13 analysts for a 12-month median price target stands around $95, implying an upside potential of over 45% from current levels.
Is ASAN overvalued? ASAN stock is relatively overvalued based on its price-book ratio (40x) compared to the U.S. Software industry average (4.2x). Analysts expect average EPS of -96 cents, -98 cents and -80 cents for 2022, 2023, and 2024 respectively.
Is Asana profitable? Asana is currently not profitable. The company’s burning a significant amount of cash investing in innovation and expansion, spending far more than than its sales are bringing in.
Is Asana a good product? Asana easily outperforms other project management software for ease of use, simplicity, and Kanban-style user interface. It’s jam-packed full of features, yet still takes just a few minutes to get started and onboard your team.
Who buys Asana?
Fresh data show that Moskovitz has picked up the pace of his Asana purchases in recent trading days. Over the final three days of last week, a new filing with the Securities and Exchange Commission shows, Moskovitz bought another 1.25 million Asana shares for a combined $79 million.
Who makes Asana? Dustin Moskovitz is the co-founder and CEO of Asana. As Asana’s CEO, Dustin is dedicated to creating a product that helps the world’s teams collaborate effortlessly, in addition to leading the company’s award-winning culture.
Is Asana a big company?
Last month, Asana was named #15 on Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2021, including a #1 ranking in the Workplace category.
Why is Asana so popular? Asana was founded in 2008 but has already grown into a project management powerhouse, especially popular with small businesses. Asana has announced over 15,000 organizations using their software, as well as 140,000+ teams.
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So how popular is Asana? Asana vs. The Competition.
| Rank | Project Management System | Score |
|---|---|---|
| 6 | Asana | 279 |
| 7 | Zoho | 207 |
| 8 | Smartsheet | 153 |
| 9 | Wrike | 97 |
• 9 mai 2017
Why is Asana the best?
80% of customers say Asana increases accountability on their team. 81% of customers say Asana helps them communicate about work more easily. 68% of customers say Asana makes their team’s goals more clear. 74% of customers say Asana helps their team meet deadlines.
Which is better Asana or trello?
You should use Asana if you’re looking to manage projects for more than two people, especially if you’re managing a small team. You should use Trello if you need a visual project management tool and don’t need to divide subtasks out to a team very often.
Why is Dustin buying Asana? Asana’s Tremendous Insider Buying
The most compelling argument for Asana is its insider buying. CEO and president of Asana, Dustin Moskovitz, has been absolutely gobbling up shares, which indicates a long-term vision and belief in the company.
What percent of Asana does Dustin Moskovitz own? Moskovitz now holds 16.6 million of Asana’s Class A shares directly, plus another 4.1 million shares held in a trust account. That’s 21% of the company’s Class A stock. He also now holds 67.7 million Class B shares, or 76% of that outstanding class, which carry 10 votes each.
What is Asana worth?
The company was founded in 2008 by Dustin Moskovitz and Justin Rosenstein. The product launched commercially in April 2012. In September 2020, the company was valued at $5.5 billion following its direct listing.
Is Asana owned by Google? The Google and Facebook alums who co-founded Asana decided on values first and a product second. A couple of years ago, Dustin Moskovitz, the co-founder and CEO of Asana, opened a meeting in a way that, at most companies, would have come across as downright passive-aggressive.
What kind of company is Asana?
Asana made its public debut through a direct listing with ticker ASAN. Based in San Francisco, Asana is a project management software company founded by ex-Facebookers.
What kind of companies use Asana? Asana is used by teams across all industries. Some of the companies using Asana include CBS, Dropbox, Uber, Pinterest, Airbnb, and many more. If you’d like to compare Asana with other project management tools, check out our Product Selection Tool.
What kind of company is Asana?
Asana (software)
| Type | Public |
|---|---|
| Industry | Project management task management productivity software team collaboration |
| Founded | 2008 |
| Founder | Dustin Moskovitz Justin Rosenstein |
| Headquarters | San Francisco, California , US |
Is wrike better than Asana? Asana is best for coordinating complex projects across teams where tasks need to define subtasks with different owners. Wrike is best for larger teams that like to customize everything about their solution, from tasks to reporting dashboards.
Which companies are using Asana? Asana is used by teams across all industries. Some of the companies using Asana include CBS, Dropbox, Uber, Pinterest, Airbnb, and many more. If you’d like to compare Asana with other project management tools, check out our Product Selection Tool.
What’s the difference between slack and Asana?
The main differences between Slack and Asana are: Slack is a communication app, whereas Asana is a project management platform. Slack lets teams collaborate with the entire organization in smaller groups, whereas Asana uses communication on projects.
