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In the latest session, Nerdwallet Inc (NASDAQ: NRDS) closed at $11.25 down -6.56% from its previous closing price of $12.04. In other words, the price has decreased by -$6.56 from its previous closing price. On the day, 0.66 million shares were traded. NRDS stock price reached its highest trading level at $11.595 during the session, while it also had its lowest trading level at $11.19.
Ratios:
For a deeper understanding of Nerdwallet Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.08. For the most recent quarter (mrq), Quick Ratio is recorded 4.27 and its Current Ratio is at 4.27. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 19 ’24 when YOUNT SAMUEL sold 5,000 shares for $12.01 per share. The transaction valued at 60,050 led to the insider holds 2,329,471 shares of the business.
YOUNT SAMUEL sold 7,500 shares of NRDS for $112,800 on Jul 03 ’24. The VP, General Manager now owns 2,334,471 shares after completing the transaction at $15.04 per share. On Jul 02 ’24, another insider, YOUNT SAMUEL, who serves as the VP, General Manager of the company, sold 5,000 shares for $14.66 each. As a result, the insider received 73,300 and left with 2,341,971 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 885456000 and an Enterprise Value of 841635008. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 1.405 whereas that against EBITDA is 40.078.
Stock Price History:
The Beta on a monthly basis for NRDS is 1.43, which has changed by 0.36363637 over the last 52 weeks, in comparison to a change of 0.33556926 over the same period for the S&P500. Over the past 52 weeks, NRDS has reached a high of $17.30, while it has fallen to a 52-week low of $6.38. The 50-Day Moving Average of the stock is -7.96%, while the 200-Day Moving Average is calculated to be -20.00%.
Shares Statistics:
For the past three months, NRDS has traded an average of 540.91K shares per day and 456710 over the past ten days. A total of 45.25M shares are outstanding, with a floating share count of 38.06M. Insiders hold about 51.65% of the company’s shares, while institutions hold 36.82% stake in the company. Shares short for NRDS as of 1727654400 were 3556185 with a Short Ratio of 6.57, compared to 1724976000 on 1677572. Therefore, it implies a Short% of Shares Outstanding of 3556185 and a Short% of Float of 9.1000006.
Earnings Estimates
The stock of Nerdwallet Inc (NRDS) is currently being evaluated by 6.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $0.07, with high estimates of $0.08 and low estimates of $0.04.
Analysts are recommending an EPS of between $0.03 and $0.0 for the fiscal current year, implying an average EPS of $0.01. EPS for the following year is $0.32, with 6.0 analysts recommending between $0.5 and $0.06.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $174.35M this quarter.It ranges from a high estimate of $176.1M to a low estimate of $172.12M. As of the current estimate, Nerdwallet Inc’s year-ago sales were $152.8MFor the next quarter, 6 analysts are estimating revenue of $152.03M. There is a high estimate of $154.98M for the next quarter, whereas the lowest estimate is $150.3M.
A total of 7 analysts have provided revenue estimates for NRDS’s current fiscal year. The highest revenue estimate was $642.07M, while the lowest revenue estimate was $636.02M, resulting in an average revenue estimate of $639.61M. In the same quarter a year ago, actual revenue was $599.4MBased on 7 analysts’ estimates, the company’s revenue will be $713.06M in the next fiscal year. The high estimate is $728.49M and the low estimate is $700.1M.
