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NEWR NEW RELIC INCORPORATED StockScouter® Report

7

StockScouter® Score

NEW RELIC INCORPORATED, a mid cap growth company in the technology sector, is expected to outperform the market over the next six months with slightly less than average risk

10 is the best possible rating. Learn more.

Summary

Positives

  • Earnings growth in the past year has accelerated rapidly compared to earnings growth in the past three years. Positive
  • The most recent quarterly earnings report higher than analysts’ consensus forecast. Positive

 

Concerns

  • The enterprise value-to-sales ratio is much higher than the average for comparably-sized companies in the StockScouter universe. Very Negative
  • Shares are being sold by financial institutions. Slighlty negative for a large company like NEWR

 

Short-term Outlook

Over the next 1-2 months, StockScouter forecasts that mid cap stocks will be out of favor, growth stocks will be neutral, and technology stocks will be out of favor.

Expected Risk/Return

Progress: 40% done.
Progress: 100% done.
Low
High

Core Model Grades

A
C
D
C

Previous Ratings

4
2
4