The closing price of Nerdy Inc (NYSE: NRDY) was $2.85 for the day, down -0.35% from the previous closing price of $2.86. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 647005 shares were traded.
Ratios:
Our analysis of NRDY’s different ratios will help us gain a deeper understanding of the company. 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.
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 Mar 25 ’24 when Pello Jason H. sold 29,195 shares for $3.06 per share. The transaction valued at 89,337 led to the insider holds 1,476,049 shares of the business.
Swenson Christopher C. sold 25,000 shares of NRDY for $74,000 on Mar 18 ’24. The Chief Legal Officer now owns 1,233,248 shares after completing the transaction at $2.96 per share. On Mar 15 ’24, another insider, Cohn Charles K., who serves as the Chief Executive Officer of the company, bought 75,000 shares for $2.99 each. As a result, the insider paid 224,250 and bolstered with 260,704 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 305.11M and an Enterprise Value of 231.60M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.58 while its Price-to-Book (P/B) ratio in mrq is 5.78. Its current Enterprise Value per Revenue stands at 1.20 whereas that against EBITDA is -4.56.
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 3.0266, while the 200-Day Moving Average is calculated to be 3.5010.
Shares Statistics:
NRDY traded an average of 1.18M shares per day over the past three months and 951.04k shares per day over the past ten days. A total of 106.42M shares are outstanding, with a floating share count of 58.41M. Insiders hold about 45.44% of the company’s shares, while institutions hold 50.01% stake in the company. Shares short for NRDY as of Mar 15, 2024 were 3.7M with a Short Ratio of 3.13, compared to 3.08M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.45% and a Short% of Float of 4.97%.
Earnings Estimates
The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of -$0.11 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 -$0.07, 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 -$0.33. EPS for the following year is -$0.25, with 6 analysts recommending between -$0.09 and -$0.34.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 9 analysts. 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.
