After finishing at $2.89 in the prior trading day, Nerdy Inc (NYSE: NRDY) closed at $2.78, down -3.81%. In other words, the price has decreased by -$0.1100 from its previous closing price. On the day, 954326 shares were traded.
Ratios:
Our goal is to gain a better understanding of NRDY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.67 and its Current Ratio is at 2.67. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.06.
Goldman Downgraded its Buy to Neutral on May 17, 2022, whereas the target price for the stock was revised from $8 to $3.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 21 ’24 when Pello Jason H. sold 41,896 shares for $3.13 per share. The transaction valued at 131,134 led to the insider holds 1,505,244 shares of the business.
Swenson Christopher C. sold 30,000 shares of NRDY for $94,500 on Jan 22 ’24. The Chief Legal Officer now owns 1,258,248 shares after completing the transaction at $3.15 per share. On Dec 18 ’23, another insider, Pello Jason H., who serves as the Chief Financial Officer of the company, sold 31,098 shares for $3.05 each. As a result, the insider received 94,849 and left with 1,547,140 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, NRDY now has a Market Capitalization of 297.61M and an Enterprise Value of 224.11M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.54 while its Price-to-Book (P/B) ratio in mrq is 5.64. Its current Enterprise Value per Revenue stands at 1.16 whereas that against EBITDA is -4.41.
Stock Price History:
Over the past 52 weeks, NRDY has reached a high of $5.37, while it has fallen to a 52-week low of $2.31. The 50-Day Moving Average of the stock is 3.1428, while the 200-Day Moving Average is calculated to be 3.5291.
Shares Statistics:
The stock has traded on average 1.04M shares per day over the past 3-months and 2.15M shares per day over the last 10 days, according to various share statistics. A total of 106.42M shares are outstanding, with a floating share count of 68.23M. Insiders hold about 36.27% of the company’s shares, while institutions hold 50.03% stake in the company. Shares short for NRDY as of Feb 15, 2024 were 3.08M with a Short Ratio of 2.96, compared to 3.17M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.88% and a Short% of Float of 4.14%.
Earnings Estimates
Its stock is currently analyzed by 6 different market analysts. On average, analysts expect EPS of -$0.12 for the current quarter, with a high estimate of -$0.08 and a low estimate of -$0.14, while EPS last year was -$0.21. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.04 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$0.22 and -$0.4 for the fiscal current year, implying an average EPS of -$0.36. EPS for the following year is -$0.26, with 5 analysts recommending between -$0.09 and -$0.34.
Revenue Estimates
9 analysts predict $52.2M in revenue for the current quarter. It ranges from a high estimate of $53M to a low estimate of $51.9M. As of the current estimate, Nerdy Inc’s year-ago sales were $49.18M, an estimated increase of 6.10% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $57.35M, an increase of 17.40% over than the figure of $6.10% in the same quarter last year. There is a high estimate of $57.87M for the next quarter, whereas the lowest estimate is $56.91M.
A total of 9 analysts have provided revenue estimates for NRDY’s current fiscal year. The highest revenue estimate was $239.8M, while the lowest revenue estimate was $232.51M, resulting in an average revenue estimate of $237.81M. In the same quarter a year ago, actual revenue was $193.4M, up 23.00% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $293.17M in the next fiscal year. The high estimate is $310.7M and the low estimate is $284.01M. The average revenue growth estimate for next year is up 23.30% from the average revenue estimate for this year.
