The price of Nerdy Inc (NYSE: NRDY) closed at $2.49 in the last session, down -18.36% from day before closing price of $3.05. In other words, the price has decreased by -$0.5600 from its previous closing price. On the day, 6005789 shares were traded. NRDY stock price reached its highest trading level at $3.0400 during the session, while it also had its lowest trading level at $2.3050.
Ratios:
We take a closer look at NRDY’s different ratios to gain a better understanding of the stock. 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:
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 Feb 21 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. The Chief Legal Officer now owns 1,258,248 shares after completing the transaction at $3.15 per share. On Dec 18, 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 318.47M and an Enterprise Value of 229.28M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 5.05. Its current Enterprise Value per Revenue stands at 1.27 whereas that against EBITDA is -3.75.
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 $2.33. The 50-Day Moving Average of the stock is 3.2056, while the 200-Day Moving Average is calculated to be 3.5483.
Shares Statistics:
According to the various share statistics, NRDY traded on average about 853.15K shares per day over the past 3-months and 1.06M shares per day over the past 10 days. A total of 106.42M shares are outstanding, with a floating share count of 66.54M. Insiders hold about 36.27% of the company’s shares, while institutions hold 51.29% stake in the company. Shares short for NRDY as of Feb 15, 2024 were 3.08M with a Short Ratio of 3.61, compared to 3.17M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.95% and a Short% of Float of 4.30%.
Earnings Estimates
The company has 6 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.13, 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 -$0.13.
Analysts are recommending an EPS of between -$0.22 and -$0.55 for the fiscal current year, implying an average EPS of -$0.4. EPS for the following year is -$0.29, with 6 analysts recommending between -$0.09 and -$0.41.
Revenue Estimates
According to 7 analysts, the current quarter’s revenue is expected to be $59.75M. It ranges from a high estimate of $61.47M to a low estimate of $58.11M. As of the current estimate, Nerdy Inc’s year-ago sales were $49.18M, an estimated increase of 21.50% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $61.09M, an increase of 25.10% over than the figure of $21.50% in the same quarter last year. There is a high estimate of $64.8M for the next quarter, whereas the lowest estimate is $58.88M.
A total of 8 analysts have provided revenue estimates for NRDY’s current fiscal year. The highest revenue estimate was $242.13M, while the lowest revenue estimate was $234.57M, resulting in an average revenue estimate of $238.4M. In the same quarter a year ago, actual revenue was $193.4M, up 23.30% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $288.59M in the next fiscal year. The high estimate is $299.1M and the low estimate is $278.8M. The average revenue growth estimate for next year is up 21.10% from the average revenue estimate for this year.
