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The price of Nerdy Inc (NYSE: NRDY) closed at $1.26 in the last session, up 26.00% from day before closing price of $1.00. In other words, the price has increased by $26.00 from its previous closing price. On the day, 6.41 million shares were traded. NRDY stock price reached its highest trading level at $1.28 during the session, while it also had its lowest trading level at $1.01.
Ratios:
We take a closer look at NRDY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.18 and its Current Ratio is at 2.18. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Cantor Fitzgerald Downgraded its Overweight to Neutral on November 08, 2024, whereas the target price for the stock was revised from $6 to $1.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 15 ’24 when Cohn Charles K. bought 22,303 shares for $0.90 per share. The transaction valued at 20,073 led to the insider holds 21,179,953 shares of the business.
Cohn Charles K. bought 208,726 shares of NRDY for $181,592 on Nov 14 ’24. The Chief Executive Officer now owns 21,157,650 shares after completing the transaction at $0.87 per share. On Nov 12 ’24, another insider, Cohn Charles K., who serves as the Chief Executive Officer of the company, bought 8,338,206 shares for $0.90 each. As a result, the insider paid 7,476,003 and bolstered with 20,948,924 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 190414992 and an Enterprise Value of 104919888. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15 while its Price-to-Book (P/B) ratio in mrq is 3.34. Its current Enterprise Value per Revenue stands at 0.532 whereas that against EBITDA is -1.628.
Stock Price History:
Over the past 52 weeks, NRDY has reached a high of $3.60, while it has fallen to a 52-week low of $0.73. The 50-Day Moving Average of the stock is 29.86%, while the 200-Day Moving Average is calculated to be -31.36%.
Shares Statistics:
According to the various share statistics, NRDY traded on average about 1.89M shares per day over the past 3-months and 2291770 shares per day over the past 10 days. A total of 106.42M shares are outstanding, with a floating share count of 42.21M. Insiders hold about 63.44% of the company’s shares, while institutions hold 27.53% stake in the company. Shares short for NRDY as of 1730332800 were 5373899 with a Short Ratio of 2.85, compared to 1727654400 on 5287714. Therefore, it implies a Short% of Shares Outstanding of 5373899 and a Short% of Float of 6.4899996.
Earnings Estimates
Current recommendations for the stock of the company come from 4.0 analysts. The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.03 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.26 and -$0.27 for the fiscal current year, implying an average EPS of -$0.26. EPS for the following year is -$0.18, with 3.0 analysts recommending between -$0.09 and -$0.26.
Revenue Estimates
According to 8 analysts, the current quarter’s revenue is expected to be $44.99M. It ranges from a high estimate of $45.9M to a low estimate of $43.76M. As of the current estimate, Nerdy Inc’s year-ago sales were $55.08MFor the next quarter, 8 analysts are estimating revenue of $47.5M. There is a high estimate of $49.4M for the next quarter, whereas the lowest estimate is $46.24M.
A total of 8 analysts have provided revenue estimates for NRDY’s current fiscal year. The highest revenue estimate was $188.1M, while the lowest revenue estimate was $186M, resulting in an average revenue estimate of $187.16M. In the same quarter a year ago, actual revenue was $193.4MBased on 8 analysts’ estimates, the company’s revenue will be $192.99M in the next fiscal year. The high estimate is $197.12M and the low estimate is $185.43M.
