Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $4.41 in the prior trading day, GoodRx Holdings Inc (NASDAQ: GDRX) closed at $4.28, down -2.95%. In other words, the price has decreased by -$2.95 from its previous closing price. On the day, 0.71 million shares were traded. GDRX stock price reached its highest trading level at $4.3994 during the session, while it also had its lowest trading level at $4.25.
Ratios:
Our goal is to gain a better understanding of GDRX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.63. For the most recent quarter (mrq), Quick Ratio is recorded 5.48 and its Current Ratio is at 5.48. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.77.
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 this company, Mizuho on December 04, 2024, initiated with a Neutral rating and assigned the stock a target price of $5.
On August 09, 2024, Raymond James Upgraded its rating to Strong Buy which previously was Outperform but kept the price unchanged to $10.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on May 23, 2024, whereas the target price for the stock was revised from $8 to $10.
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 Dec 02 ’24 when Bradley Julie MB bought 95,255 shares for $4.95 per share.
Spectrum Equity VII, L.P. sold 10,677 shares of GDRX for $83,922 on Sep 03 ’24. The 10% Owner now owns 0 shares after completing the transaction at $7.86 per share. On Sep 03 ’24, another insider, Spectrum VII Investment Manage, who serves as the Affiliate of the company, bought 6,828 shares for $7.86 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GDRX now has a Market Capitalization of 1631287936 and an Enterprise Value of 1745764736. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.06 while its Price-to-Book (P/B) ratio in mrq is 2.34. Its current Enterprise Value per Revenue stands at 2.209 whereas that against EBITDA is 16.374.
Stock Price History:
Over the past 52 weeks, GDRX has reached a high of $9.26, while it has fallen to a 52-week low of $4.09. The 50-Day Moving Average of the stock is -12.45%, while the 200-Day Moving Average is calculated to be -37.58%.
Shares Statistics:
The stock has traded on average 1.37M shares per day over the past 3-months and 1092850 shares per day over the last 10 days, according to various share statistics. A total of 103.93M shares are outstanding, with a floating share count of 86.78M. Insiders hold about 77.23% of the company’s shares, while institutions hold 17.89% stake in the company. Shares short for GDRX as of 1734048000 were 7932080 with a Short Ratio of 5.78, compared to 1731628800 on 7479267. Therefore, it implies a Short% of Shares Outstanding of 7932080 and a Short% of Float of 8.49.
