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.
The price of MediaAlpha Inc (NYSE: MAX) closed at $19.99 in the last session, down -9.87% from day before closing price of $22.18. In other words, the price has decreased by -$9.87 from its previous closing price. On the day, 4.54 million shares were traded. MAX stock price reached its highest trading level at $20.48 during the session, while it also had its lowest trading level at $19.52.
Ratios:
We take a closer look at MAX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 71.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 111.11. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 0.99.
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, BMO Capital Markets on February 26, 2024, Upgraded its rating to Outperform and sets its target price to $28 from $9 previously.
On January 10, 2024, TD Cowen started tracking the stock assigning a Outperform rating and target price of $15.
Citigroup Downgraded its Neutral to Sell on August 04, 2023, whereas the target price for the stock was revised from $7 to $8.
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 Mar 12 ’24 when INSIGNIA CAPITAL PARTNERS GP, sold 2,950,000 shares for $19.85 per share. The transaction valued at 58,557,500 led to the insider holds 50,000 shares of the business.
WHITE MOUNTAINS INSURANCE GROU bought 5,916,816 shares of MAX for $59,168,160 on Jun 30 ’23. The Director now owns 22,856,814 shares after completing the transaction at $10.00 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MAX now has a Market Capitalization of 1311643776 and an Enterprise Value of 1231322240. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.56. Its current Enterprise Value per Revenue stands at 3.054 whereas that against EBITDA is -77.73.
Stock Price History:
The Beta on a monthly basis for MAX is 1.34, which has changed by 2.5831988 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, MAX has reached a high of $25.78, while it has fallen to a 52-week low of $5.33. The 50-Day Moving Average of the stock is 0.26%, while the 200-Day Moving Average is calculated to be 56.70%.
Shares Statistics:
According to the various share statistics, MAX traded on average about 405.01K shares per day over the past 3-months and 580710 shares per day over the past 10 days. A total of 47.40M shares are outstanding, with a floating share count of 22.68M. Insiders hold about 56.02% of the company’s shares, while institutions hold 39.72% stake in the company. Shares short for MAX as of 1713139200 were 855427 with a Short Ratio of 2.11, compared to 1710460800 on 547432. Therefore, it implies a Short% of Shares Outstanding of 855427 and a Short% of Float of 4.46.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
