Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $2.59 in the prior trading day, Nerdy Inc (NYSE: NRDY) closed at $2.56, down -1.16%. In other words, the price has decreased by -$1.16 from its previous closing price. On the day, 0.9 million shares were traded. NRDY stock price reached its highest trading level at $2.655 during the session, while it also had its lowest trading level at $2.53.
Ratios:
Our goal is to gain a better understanding of NRDY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.67 and its Current Ratio is at 2.67. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.06.
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 Apr 22 ’24 when Swenson Christopher C. sold 30,000 shares for $2.53 per share. The transaction valued at 75,900 led to the insider holds 1,203,248 shares of the business.
Pello Jason H. sold 29,195 shares of NRDY for $89,337 on Mar 25 ’24. The Chief Financial Officer now owns 1,476,049 shares after completing the transaction at $3.06 per share. On Mar 18 ’24, another insider, Swenson Christopher C., who serves as the Chief Legal Officer of the company, sold 25,000 shares for $2.96 each. As a result, the insider received 74,000 and left with 1,233,248 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, NRDY now has a Market Capitalization of 444710400 and an Enterprise Value of 237030272. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 5.19. Its current Enterprise Value per Revenue stands at 1.226 whereas that against EBITDA is -4.391.
Stock Price History:
The Beta on a monthly basis for NRDY is 1.92, which has changed by -0.1202749 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, NRDY has reached a high of $5.37, while it has fallen to a 52-week low of $2.31. The 50-Day Moving Average of the stock is -9.60%, while the 200-Day Moving Average is calculated to be -24.20%.
Shares Statistics:
The stock has traded on average 1.19M shares per day over the past 3-months and 837020 shares per day over the last 10 days, according to various share statistics. A total of 106.42M shares are outstanding, with a floating share count of 73.96M. Insiders hold about 30.91% of the company’s shares, while institutions hold 54.03% stake in the company. Shares short for NRDY as of 1713139200 were 3748256 with a Short Ratio of 3.15, compared to 1710460800 on 3695718. Therefore, it implies a Short% of Shares Outstanding of 3748256 and a Short% of Float of 5.04.
Earnings Estimates
The current assessment of Nerdy Inc (NRDY) involves the perspectives of 8.0 analysts closely monitoring its market dynamics.On average, analysts expect EPS of -$0.11 for the current quarter, with a high estimate of -$0.08 and a low estimate of -$0.14, while EPS last year was -$0.21. The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.04 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$0.22 and -$0.4 for the fiscal current year, implying an average EPS of -$0.33. EPS for the following year is -$0.25, with 6.0 analysts recommending between -$0.09 and -$0.34.
Revenue Estimates
9 analysts predict $52.2M in revenue for the current quarter. It ranges from a high estimate of $53M to a low estimate of $51.9M. As of the current estimate, Nerdy Inc’s year-ago sales were $49.18MFor the next quarter, 9 analysts are estimating revenue of $57.35M. There is a high estimate of $57.87M for the next quarter, whereas the lowest estimate is $56.91M.
A total of 9 analysts have provided revenue estimates for NRDY’s current fiscal year. The highest revenue estimate was $239.8M, while the lowest revenue estimate was $232.51M, resulting in an average revenue estimate of $237.81M. In the same quarter a year ago, actual revenue was $193.4MBased on 7 analysts’ estimates, the company’s revenue will be $293.17M in the next fiscal year. The high estimate is $310.7M and the low estimate is $284.01M.
