Nerdy Inc (NYSE: NRDY) closed the day trading at $3.05 up 0.33% from the previous closing price of $3.04. In other words, the price has increased by $+0.0100 from its previous closing price. On the day, 2219161 shares were traded.
Ratios:
For a better understanding of NRDY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.46 and its Current Ratio is at 2.46. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Goldman Downgraded its Buy to Neutral on May 17, 2022, whereas the target price for the stock was revised from $8 to $3.
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 Feb 21 when Pello Jason H. sold 41,896 shares for $3.13 per share. The transaction valued at 131,134 led to the insider holds 1,505,244 shares of the business.
Swenson Christopher C. sold 30,000 shares of NRDY for $94,500 on Jan 22. The Chief Legal Officer now owns 1,258,248 shares after completing the transaction at $3.15 per share. On Dec 18, another insider, Pello Jason H., who serves as the Chief Financial Officer of the company, sold 31,098 shares for $3.05 each. As a result, the insider received 94,849 and left with 1,547,140 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, NRDY now has a Market Capitalization of 318.47M and an Enterprise Value of 229.28M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.77 while its Price-to-Book (P/B) ratio in mrq is 6.33. Its current Enterprise Value per Revenue stands at 1.27 whereas that against EBITDA is -3.75.
Stock Price History:
Over the past 52 weeks, NRDY has reached a high of $5.37, while it has fallen to a 52-week low of $2.33. The 50-Day Moving Average of the stock is 3.2038, while the 200-Day Moving Average is calculated to be 3.5481.
Shares Statistics:
Over the past 3-months, NRDY traded about 823.33K shares per day on average, while over the past 10 days, NRDY traded about 919.46k shares per day. A total of 95.30M shares are outstanding, with a floating share count of 66.54M. Insiders hold about 36.27% of the company’s shares, while institutions hold 51.29% stake in the company. Shares short for NRDY as of Jan 31, 2024 were 3.03M with a Short Ratio of 3.68, compared to 3.27M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.90% and a Short% of Float of 4.22%.
Earnings Estimates
Current recommendations for the stock of the company come from 7 analysts. On average, analysts expect EPS of -$0.12 for the current quarter, with a high estimate of -$0.08 and a low estimate of -$0.13, while EPS last year was -$0.04. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.05 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.43 and -$0.5 for the fiscal current year, implying an average EPS of -$0.48. EPS for the following year is -$0.4, with 7 analysts recommending between -$0.22 and -$0.55.
Revenue Estimates
9 analysts predict $54.83M in revenue for the current quarter. It ranges from a high estimate of $55.3M to a low estimate of $54M. As of the current estimate, Nerdy Inc’s year-ago sales were $41.8M, an estimated increase of 31.20% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $59.75M, an increase of 21.50% less than the figure of $31.20% in the same quarter last year. There is a high estimate of $61.47M for the next quarter, whereas the lowest estimate is $58.11M.
A total of 9 analysts have provided revenue estimates for NRDY’s current fiscal year. The highest revenue estimate was $193.6M, while the lowest revenue estimate was $192.8M, resulting in an average revenue estimate of $193.21M. In the same quarter a year ago, actual revenue was $162.66M, up 18.80% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $238.4M in the next fiscal year. The high estimate is $242.13M and the low estimate is $234.57M. The average revenue growth estimate for next year is up 23.40% from the average revenue estimate for this year.
