Sharecare Inc (SHCR) stock is nearly perfect except the valuation

The price of Sharecare Inc (NASDAQ: SHCR) closed at $0.93 in the last session, down -2.86% from day before closing price of $0.96. In other words, the price has decreased by -$0.0274 from its previous closing price. On the day, 4061655 shares were traded.

Ratios:

We take a closer look at SHCR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.43 and its Current Ratio is at 2.43. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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, Morgan Stanley on July 20, 2022, initiated with a Equal-Weight rating and assigned the stock a target price of $2.50.

On February 11, 2022, Goldman started tracking the stock assigning a Neutral rating and target price of $4.50.

On August 04, 2021, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $11.Canaccord Genuity initiated its Buy rating on August 04, 2021, with a $11 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHCR now has a Market Capitalization of 331.28M and an Enterprise Value of 205.76M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 0.44 whereas that against EBITDA is -3.45.

Stock Price History:

Over the past 52 weeks, SHCR has reached a high of $2.33, while it has fallen to a 52-week low of $0.77. The 50-Day Moving Average of the stock is 1.0107, while the 200-Day Moving Average is calculated to be 1.1302.

Shares Statistics:

According to the various share statistics, SHCR traded on average about 888.10K shares per day over the past 3-months and 1.49M shares per day over the past 10 days. A total of 354.46M shares are outstanding, with a floating share count of 278.44M. Insiders hold about 20.99% of the company’s shares, while institutions hold 36.73% stake in the company. Shares short for SHCR as of Feb 29, 2024 were 6.59M with a Short Ratio of 7.42, compared to 6.79M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.87% and a Short% of Float of 2.20%.

Earnings Estimates

The company has 2 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.06 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.07, while EPS last year was -$0.07. The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.05 and low estimates of -$0.06.

Analysts are recommending an EPS of between -$0.32 and -$0.33 for the fiscal current year, implying an average EPS of -$0.32. EPS for the following year is -$0.18, with 2 analysts recommending between -$0.16 and -$0.21.

Revenue Estimates

According to 2 analysts, the current quarter’s revenue is expected to be $114.99M. It ranges from a high estimate of $117.3M to a low estimate of $112.69M. As of the current estimate, Sharecare Inc’s year-ago sales were $123.26M, an estimated decrease of -6.70% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $117.58M, an increase of 1.10% over than the figure of -$6.70% in the same quarter last year. There is a high estimate of $119.6M for the next quarter, whereas the lowest estimate is $115.56M.

A total of 3 analysts have provided revenue estimates for SHCR’s current fiscal year. The highest revenue estimate was $457.2M, while the lowest revenue estimate was $452.66M, resulting in an average revenue estimate of $454.57M. In the same quarter a year ago, actual revenue was $442.42M, up 2.70% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $495.04M in the next fiscal year. The high estimate is $501.1M and the low estimate is $487.77M. The average revenue growth estimate for next year is up 8.90% from the average revenue estimate for this year.

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