Stock Surge: Nerdwallet Inc (NRDS) Closes at 10.43, Marking a 0.97 Increase/Decrease

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In the latest session, Nerdwallet Inc (NASDAQ: NRDS) closed at $10.43 up 0.97% from its previous closing price of $10.33. In other words, the price has increased by $0.97 from its previous closing price. On the day, 1.51 million shares were traded.

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 11.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.31. For the most recent quarter (mrq), Quick Ratio is recorded 3.27 and its Current Ratio is at 3.27. 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 Jan 24 ’25 when The Margaret Yount Charitable bought 44,481 shares for $13.84 per share.

The Yount Revocable Trust U/A/ bought 302,137 shares of NRDS for $4,181,576 on Jan 24 ’25. On Jan 24 ’25, another insider, THE SMB CHARITABLE REMAINDER T, who serves as the Officer of the company, bought 44,481 shares for $13.84 each.

Valuation Measures:

As of this moment, Nerdwallet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.77, and their Forward P/E ratio for the next fiscal year is 16.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 2.12.

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 -23.70%, while the 200-Day Moving Average is calculated to be -22.57%.

Shares Statistics:

A total of 42.42M shares are outstanding, with a floating share count of 34.02M. Insiders hold about 53.68% of the company’s shares, while institutions hold 40.00% stake in the company.

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