As of close of business last night, Nerdy Inc’s stock clocked out at $2.91, down -0.68% from its previous closing price of $2.93. In other words, the price has decreased by -$0.0200 from its previous closing price. On the day, 763410 shares were traded.
Ratios:
To gain a deeper understanding of NRDY’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 25 ’24 when Pello Jason H. sold 29,195 shares for $3.06 per share. The transaction valued at 89,337 led to the insider holds 1,476,049 shares of the business.
Swenson Christopher C. sold 25,000 shares of NRDY for $74,000 on Mar 18 ’24. The Chief Legal Officer now owns 1,233,248 shares after completing the transaction at $2.96 per share. On Mar 15 ’24, another insider, Cohn Charles K., who serves as the Chief Executive Officer of the company, bought 75,000 shares for $2.99 each. As a result, the insider paid 224,250 and bolstered with 260,704 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 311.53M and an Enterprise Value of 238.02M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 5.90. Its current Enterprise Value per Revenue stands at 1.23 whereas that against EBITDA is -4.69.
Stock Price History:
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 3.0584, while the 200-Day Moving Average is calculated to be 3.5122.
Shares Statistics:
It appears that NRDY traded 1.17M shares on average per day over the past three months and 1.54M shares per day over the past ten days. A total of 106.42M shares are outstanding, with a floating share count of 58.41M. Insiders hold about 45.47% of the company’s shares, while institutions hold 50.00% stake in the company. Shares short for NRDY as of Mar 15, 2024 were 3.7M with a Short Ratio of 3.16, compared to 3.08M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.45% and a Short% of Float of 4.97%.
Earnings Estimates
As of right now, 8 analysts gave their recommendation on the stock of the company. 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 analysts recommending between -$0.09 and -$0.34.
Revenue Estimates
In the current quarter, 9 analysts expect revenue to total $52.2M. 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 $49.18M, an estimated increase of 6.10% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $57.35M, an increase of 17.40% over than the figure of $6.10% in the same quarter last year. 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 $193.4M, up 23.00% from the average estimate. Based 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. The average revenue growth estimate for next year is up 23.30% from the average revenue estimate for this year.
