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Nerdwallet Inc (NASDAQ: NRDS) closed the day trading at $13.40 down -0.15% from the previous closing price of $13.42. In other words, the price has decreased by -$0.15 from its previous closing price. On the day, 0.99 million shares were traded. NRDS stock price reached its highest trading level at $13.53 during the session, while it also had its lowest trading level at $13.169.
Ratios:
For a better understanding of NRDS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.96. 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:
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 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 984081152 and an Enterprise Value of 919280832. 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 3.08. Its current Enterprise Value per Revenue stands at 1.442 whereas that against EBITDA is 30.14.
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 2.58%, while the 200-Day Moving Average is calculated to be -3.30%.
Shares Statistics:
Over the past 3-months, NRDS traded about 701.26K shares per day on average, while over the past 10 days, NRDS traded about 713240 shares per day. A total of 45.25M shares are outstanding, with a floating share count of 33.79M. Insiders hold about 53.99% of the company’s shares, while institutions hold 36.76% stake in the company. Shares short for NRDS as of 1730332800 were 3916859 with a Short Ratio of 5.59, compared to 1727654400 on 3556185. Therefore, it implies a Short% of Shares Outstanding of 3916859 and a Short% of Float of 11.58.
Earnings Estimates
At present, 1.0 analysts are actively evaluating the performance of Nerdwallet Inc (NRDS) in the stock market.The consensus estimate for the next quarter is $0.24, with high estimates of $0.24 and low estimates of $0.24.
Analysts are recommending an EPS of between $0.63 and $0.63 for the fiscal current year, implying an average EPS of $0.63. EPS for the following year is $1.37, with 1.0 analysts recommending between $1.37 and $1.37.
Revenue Estimates
5 analysts predict $168.33M in revenue for the current quarter. It ranges from a high estimate of $170M to a low estimate of $166.67M. As of the current estimate, Nerdwallet Inc’s year-ago sales were $133.7MFor the next quarter, 5 analysts are estimating revenue of $178.8M. There is a high estimate of $185.5M for the next quarter, whereas the lowest estimate is $174.9M.
A total of 6 analysts have provided revenue estimates for NRDS’s current fiscal year. The highest revenue estimate was $673.8M, while the lowest revenue estimate was $670.47M, resulting in an average revenue estimate of $672.32M. In the same quarter a year ago, actual revenue was $599.4MBased on 6 analysts’ estimates, the company’s revenue will be $756.57M in the next fiscal year. The high estimate is $806M and the low estimate is $721.9M.
