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The closing price of Nerdwallet Inc (NASDAQ: NRDS) was $14.69 for the day, down -2.46% from the previous closing price of $15.06. In other words, the price has decreased by -$2.46 from its previous closing price. On the day, 1.69 million shares were traded. NRDS stock price reached its highest trading level at $15.97 during the session, while it also had its lowest trading level at $14.5.
Ratios:
Our analysis of NRDS’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 16.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.57. For the most recent quarter (mrq), Quick Ratio is recorded 2.91 and its Current Ratio is at 2.91. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Citigroup on May 03, 2023, Downgraded its rating to Neutral and sets its target price to $14 from $15 previously.
On November 29, 2021, Truist started tracking the stock assigning a Buy rating and target price of $30.Truist initiated its Buy rating on November 29, 2021, with a $30 target price.
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 Oct 22 ’24 when Topline Capital Management, LL bought 412,055 shares for $11.35 per share. The transaction valued at 4,676,824 led to the insider holds 5,251,145 shares of the business.
Topline Capital Management, LL bought 49,722 shares of NRDS for $599,150 on Oct 21 ’24. The now owns 4,839,090 shares after completing the transaction at $12.05 per share. On Oct 22 ’24, another insider, Topline Capital Partners, LP, who serves as the 10% Owner of the company, bought 412,055 shares for $11.35 each. As a result, the insider paid 4,676,824 and bolstered with 5,251,145 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, NRDS now has a Market Capitalization of 1105989504 and an Enterprise Value of 1014016960. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.81 while its Price-to-Book (P/B) ratio in mrq is 3.37. Its current Enterprise Value per Revenue stands at 1.591 whereas that against EBITDA is 33.246.
Stock Price History:
Over the past 52 weeks, NRDS has reached a high of $17.30, while it has fallen to a 52-week low of $10.10. The 50-Day Moving Average of the stock is 18.06%, while the 200-Day Moving Average is calculated to be 5.71%.
Shares Statistics:
NRDS traded an average of 692.67K shares per day over the past three months and 1317280 shares per day over the past ten days. A total of 45.25M shares are outstanding, with a floating share count of 38.06M. Insiders hold about 51.65% of the company’s shares, while institutions hold 38.80% stake in the company. Shares short for NRDS as of 1728950400 were 4106021 with a Short Ratio of 5.93, compared to 1726185600 on 1608981. Therefore, it implies a Short% of Shares Outstanding of 4106021 and a Short% of Float of 10.5.
