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In the latest session, MediaAlpha Inc (NYSE: MAX) closed at $11.78 down -7.82% from its previous closing price of $12.78. In other words, the price has decreased by -$7.82 from its previous closing price. On the day, 0.56 million shares were traded.
Ratios:
For a deeper understanding of MediaAlpha Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.22.
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 August 20, 2024, initiated with a Buy rating and assigned the stock a target price of $20.
On June 26, 2024, TD Cowen Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $19 to $13.
BMO Capital Markets Upgraded its Market Perform to Outperform on February 26, 2024, whereas the target price for the stock was revised from $9 to $28.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 30 ’24 when Nonko Eugene sold 72,000 shares for $20.67 per share. The transaction valued at 1,487,959 led to the insider holds 1,550,990 shares of the business.
Yi Steven sold 72,000 shares of MAX for $1,487,750 on Oct 30 ’24. The insider now owns 2,312,162 shares after completing the transaction at $20.66 per share. On Oct 30 ’24, another insider, Yi Steven, who serves as the Officer of the company, bought 72,000 shares for $20.66 each.
Valuation Measures:
As of this moment, MediaAlpha’s Price-to-Earnings (P/E) ratio for their current fiscal year is 70.45, and their Forward P/E ratio for the next fiscal year is 15.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.15.
Stock Price History:
Over the past 52 weeks, MAX has reached a high of $25.78, while it has fallen to a 52-week low of $10.21. The 50-Day Moving Average of the stock is 2.85%, while the 200-Day Moving Average is calculated to be -22.51%.
Shares Statistics:
A total of 55.09M shares are outstanding, with a floating share count of 31.83M. Insiders hold about 42.22% of the company’s shares, while institutions hold 54.93% stake in the company.
Earnings Estimates
Currently, 2.0 analysts are dedicated to thoroughly evaluating and rating the performance of MediaAlpha Inc (MAX) in the stock market.The consensus estimate for the next quarter is $0.25, with high estimates of $0.25 and low estimates of $0.25.
Analysts are recommending an EPS of between $1.28 and $0.92 for the fiscal current year, implying an average EPS of $1.1. EPS for the following year is $1.51, with 2.0 analysts recommending between $1.96 and $1.07.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $289.38M this quarter.It ranges from a high estimate of $291M to a low estimate of $285.27M. As of the current estimate, MediaAlpha Inc’s year-ago sales were $117.17MFor the next quarter, 6 analysts are estimating revenue of $269.7M. There is a high estimate of $279.6M for the next quarter, whereas the lowest estimate is $258.91M.
A total of 7 analysts have provided revenue estimates for MAX’s current fiscal year. The highest revenue estimate was $864.5M, while the lowest revenue estimate was $849.33M, resulting in an average revenue estimate of $854.94M. In the same quarter a year ago, actual revenue was $388.15MBased on 7 analysts’ estimates, the company’s revenue will be $1.13B in the next fiscal year. The high estimate is $1.27B and the low estimate is $1.08B.
