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As of close of business last night, Grindr Inc’s stock clocked out at $17.02, up 0.12% from its previous closing price of $17.00. In other words, the price has increased by $0.12 from its previous closing price. On the day, 1.94 million shares were traded. GRND stock price reached its highest trading level at $17.255 during the session, while it also had its lowest trading level at $16.905.
Ratios:
To gain a deeper understanding of GRND’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 59.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.58. For the most recent quarter (mrq), Quick Ratio is recorded 1.67 and its Current Ratio is at 1.67.
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:
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 14 ’25 when Richardson Nathan sold 1,000 shares for $16.34 per share. The transaction valued at 16,340 led to the insider holds 17,642 shares of the business.
Katz Zachary sold 3,058 shares of GRND for $49,617 on Mar 11 ’25. The GC and Head of Global Affairs now owns 613,800 shares after completing the transaction at $16.23 per share. On Mar 03 ’25, another insider, Balance Austin J, who serves as the Chief Product Officer of the company, sold 26,305 shares for $18.68 each. As a result, the insider received 491,377 and left with 640,645 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 3544347136 and an Enterprise Value of 3779114752. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.28. Its current Enterprise Value per Revenue stands at 10.966 whereas that against EBITDA is 35.284.
Stock Price History:
The Beta on a monthly basis for GRND is 0.34, which has changed by 0.6396917 over the last 52 weeks, in comparison to a change of 0.08190584 over the same period for the S&P500. Over the past 52 weeks, GRND has reached a high of $19.20, while it has fallen to a 52-week low of $8.95. The 50-Day Moving Average of the stock is -2.73%, while the 200-Day Moving Average is calculated to be 21.22%.
Shares Statistics:
It appears that GRND traded 1.54M shares on average per day over the past three months and 2479730 shares per day over the past ten days. A total of 177.19M shares are outstanding, with a floating share count of 44.70M. Insiders hold about 78.53% of the company’s shares, while institutions hold 14.39% stake in the company. Shares short for GRND as of 1740700800 were 3612644 with a Short Ratio of 2.35, compared to 1738281600 on 9076604. Therefore, it implies a Short% of Shares Outstanding of 3612644 and a Short% of Float of 3.7600000000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Current recommendations for the stock of the company come from 1.0 analysts. The consensus estimate for the next quarter is $0.09, with high estimates of $0.09 and low estimates of $0.09.
Analysts are recommending an EPS of between $0.35 and $0.35 for the fiscal current year, implying an average EPS of $0.35. EPS for the following year is $0.52, with 1.0 analysts recommending between $0.52 and $0.52.
Revenue Estimates
In the current quarter, 4 analysts expect revenue to total $95.94M. It ranges from a high estimate of $97.5M to a low estimate of $94.67M. As of the current estimate, Grindr Inc’s year-ago sales were $75.34MFor the next quarter, 4 analysts are estimating revenue of $102.68M. There is a high estimate of $103.1M for the next quarter, whereas the lowest estimate is $102.2M.
A total of 4 analysts have provided revenue estimates for GRND’s current fiscal year. The highest revenue estimate was $430.6M, while the lowest revenue estimate was $426.14M, resulting in an average revenue estimate of $428.61M. In the same quarter a year ago, actual revenue was $344.64MBased on 4 analysts’ estimates, the company’s revenue will be $524.22M in the next fiscal year. The high estimate is $530.68M and the low estimate is $513.4M.
