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The closing price of GoodRx Holdings Inc (NASDAQ: GDRX) was $8.91 for the day, down -0.22% from the previous closing price of $8.93. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 1.42 million shares were traded. GDRX stock price reached its highest trading level at $9.155 during the session, while it also had its lowest trading level at $8.651.
Ratios:
Our analysis of GDRX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.70. For the most recent quarter (mrq), Quick Ratio is recorded 6.29 and its Current Ratio is at 6.29. In the meantime, Its Debt-to-Equity ratio is 1.13 whereas as Long-Term Debt/Eq ratio is at 1.11.
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 the company, RBC Capital Mkts on May 23, 2024, Upgraded its rating to Outperform and sets its target price to $10 from $8 previously.
On May 16, 2024, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $10.
KeyBanc Capital Markets Upgraded its Sector Weight to Overweight on April 10, 2024, while the target price for the stock was maintained at $9.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 30 ’23 when Wagner Scott bought 21,652 shares for $5.76 per share. The transaction valued at 124,806 led to the insider holds 182,900 shares of the business.
Wagner Scott bought 26,348 shares of GDRX for $155,482 on Nov 29 ’23. The insider now owns 161,248 shares after completing the transaction at $5.90 per share. On Nov 28 ’23, another insider, Wagner Scott, who serves as the insider of the company, bought 4,157 shares for $6.00 each. As a result, the insider paid 24,940 and bolstered with 134,900 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, GDRX now has a Market Capitalization of 3351710464 and an Enterprise Value of 3519959552. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.37 while its Price-to-Book (P/B) ratio in mrq is 5.29. Its current Enterprise Value per Revenue stands at 4.606 whereas that against EBITDA is 45.671.
Stock Price History:
The Beta on a monthly basis for GDRX is 1.41, which has changed by 0.30072987 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, GDRX has reached a high of $9.37, while it has fallen to a 52-week low of $4.14. The 50-Day Moving Average of the stock is 13.12%, while the 200-Day Moving Average is calculated to be 33.42%.
Shares Statistics:
GDRX traded an average of 1.30M shares per day over the past three months and 1159780 shares per day over the past ten days. A total of 92.36M shares are outstanding, with a floating share count of 77.28M. Insiders hold about 79.40% of the company’s shares, while institutions hold 14.84% stake in the company. Shares short for GDRX as of 1719532800 were 8255202 with a Short Ratio of 6.34, compared to 1717113600 on 7591421. Therefore, it implies a Short% of Shares Outstanding of 8255202 and a Short% of Float of 9.879999999999999.
