Is It Time To Reassess Procore Technologies (PCOR) After Recent Share Price Weakness?
- If you are wondering whether Procore Technologies at around US$55.81 is priced attractively today, it helps to step back and look at how its current share price lines up with a few core valuation checks.
- The stock has moved 7.3% over the last 7 days, while the 30 day return sits at an 11.6% decline and the year to date return is a 20.3% decline, with a 26.5% decline over 1 year and a 16.8% decline over 3 years, which may have changed how investors view both its potential and its risks.
- Recent news around Procore has largely focused on its position as a construction focused software platform and how its tools fit into a broader push to digitize project management and field operations across the sector. Commentary has also highlighted…
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