After finishing at $2.93 in the prior trading day, Nerdy Inc (NYSE: NRDY) closed at $3.18, up 8.53%. In other words, the price has increased by $+0.2500 from its previous closing price. On the day, 1692828 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.
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 Mar 15 ’24 when Cohn Charles K. bought 75,000 shares for $2.99 per share. The transaction valued at 224,250 led to the insider holds 260,704 shares of the business.
Cohn Charles K. bought 75,000 shares of NRDY for $213,000 on Mar 14 ’24. The Chief Executive Officer now owns 223,204 shares after completing the transaction at $2.84 per share. On Mar 13 ’24, another insider, Cohn Charles K., who serves as the Chief Executive Officer of the company, bought 75,000 shares for $2.79 each. As a result, the insider paid 209,250 and bolstered with 185,704 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 313.67M and an Enterprise Value of 240.16M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 6.45. Its current Enterprise Value per Revenue stands at 1.24 whereas that against EBITDA is -4.73.
Stock Price History:
The Beta on a monthly basis for NRDY is 1.93, which has changed by -15.65% over the last 52 weeks, in comparison to a change of 31.54% over the same period for the S&P500. 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 3.0846, while the 200-Day Moving Average is calculated to be 3.5290.
Shares Statistics:
The stock has traded on average 1.09M shares per day over the past 3-months and 1.62M 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 68.08M. Insiders hold about 36.41% of the company’s shares, while institutions hold 50.03% stake in the company. Shares short for NRDY as of Feb 29, 2024 were 3.84M with a Short Ratio of 3.54, compared to 3.03M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.59% and a Short% of Float of 5.17%.
Earnings Estimates
Its stock is currently analyzed by 8 different market 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
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.
