Closing Bell Recap: Grindr Inc (GRND) Ends at 23.23, Reflecting a -0.47 Downturn

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Grindr Inc (NYSE: GRND) closed the day trading at $23.23 down -0.47% from the previous closing price of $23.34. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 1.14 million shares were traded. GRND stock price reached its highest trading level at $23.33 during the session, while it also had its lowest trading level at $22.84.

Ratios:

For a better understanding of GRND, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.57. For the most recent quarter (mrq), Quick Ratio is recorded 4.17 and its Current Ratio is at 4.17. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.85.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on December 16, 2024, initiated with a Buy rating and assigned the stock a target price of $20.

On June 27, 2024, Raymond James reiterated its Outperform rating and also lowered its target price recommendation from $14 to $15.

JMP Securities reiterated its Mkt Outperform rating for the stock on June 27, 2024, while the target price for the stock was revised from $14 to $17.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 03 ’25 when GEARON J MICHAEL JR sold 19,432 shares for $24.75 per share. The transaction valued at 480,942 led to the insider holds 5,480,568 shares of the business.

GEARON J MICHAEL JR sold 249,700 shares of GRND for $6,102,668 on Jun 02 ’25. The Director now owns 6,090,959 shares after completing the transaction at $24.44 per share. On May 30 ’25, another insider, GEARON J MICHAEL JR, who serves as the Director of the company, sold 250,300 shares for $24.33 each. As a result, the insider received 6,089,799 and left with 6,340,659 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GRND now has a Market Capitalization of 4571942912 and an Enterprise Value of 4584808960. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.53 while its Price-to-Book (P/B) ratio in mrq is 14.54. Its current Enterprise Value per Revenue stands at 12.622 whereas that against EBITDA is 40.696.

Stock Price History:

The Beta on a monthly basis for GRND is 0.32, which has changed by 1.5583701 over the last 52 weeks, in comparison to a change of 0.11730647 over the same period for the S&P500. Over the past 52 weeks, GRND has reached a high of $25.13, while it has fallen to a 52-week low of $8.95. The 50-Day Moving Average of the stock is 7.64%, while the 200-Day Moving Average is calculated to be 38.01%.

Shares Statistics:

Over the past 3-months, GRND traded about 2.01M shares per day on average, while over the past 10 days, GRND traded about 1917140 shares per day. A total of 200.24M shares are outstanding, with a floating share count of 41.45M. Insiders hold about 78.84% of the company’s shares, while institutions hold 17.38% stake in the company. Shares short for GRND as of 1747267200 were 6497347 with a Short Ratio of 3.23, compared to 1744675200 on 5824080. Therefore, it implies a Short% of Shares Outstanding of 6497347 and a Short% of Float of 11.399999.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The market rating for Grindr Inc (GRND) is a result of the insights provided by 2.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.12, with high estimates of $0.13 and low estimates of $0.11.

Analysts are recommending an EPS of between $0.41 and $0.4 for the fiscal current year, implying an average EPS of $0.41. EPS for the following year is $0.58, with 3.0 analysts recommending between $0.69 and $0.5.

Revenue Estimates

2 analysts predict $104.06M in revenue for the current quarter. It ranges from a high estimate of $105.22M to a low estimate of $102.9M. As of the current estimate, Grindr Inc’s year-ago sales were $82.34MFor the next quarter, 2 analysts are estimating revenue of $113.69M. There is a high estimate of $115.68M for the next quarter, whereas the lowest estimate is $111.7M.

A total of 3 analysts have provided revenue estimates for GRND’s current fiscal year. The highest revenue estimate was $435.4M, while the lowest revenue estimate was $430M, resulting in an average revenue estimate of $433.29M. In the same quarter a year ago, actual revenue was $344.64MBased on 4 analysts’ estimates, the company’s revenue will be $528.61M in the next fiscal year. The high estimate is $534.02M and the low estimate is $522M.

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