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The closing price of Nerdy Inc (NYSE: NRDY) was $1.81 for the day, down -3.72% from the previous closing price of $1.88. In other words, the price has decreased by -$3.72 from its previous closing price. On the day, 1.18 million shares were traded. NRDY stock price reached its highest trading level at $1.91 during the session, while it also had its lowest trading level at $1.77.
Ratios:
Our analysis of NRDY’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.18 and its Current Ratio is at 2.18. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Cantor Fitzgerald Downgraded its Overweight to Neutral on November 08, 2024, whereas the target price for the stock was revised from $6 to $1.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 16 ’24 when Pello Jason H. sold 30,242 shares for $1.84 per share. The transaction valued at 55,645 led to the insider holds 2,225,186 shares of the business.
Cohn Charles K. bought 3,000,000 shares of NRDY for $5,100,000 on Dec 13 ’24. The Chief Executive Officer now owns 28,509,191 shares after completing the transaction at $1.70 per share. On Dec 16 ’24, another insider, Cohn Charles K., who serves as the Chief Executive Officer of the company, bought 2,000,000 shares for $1.99 each. As a result, the insider paid 3,980,000 and bolstered with 30,509,191 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 273532640 and an Enterprise Value of 168407296. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 4.80. Its current Enterprise Value per Revenue stands at 0.853 whereas that against EBITDA is -2.614.
Stock Price History:
The Beta on a monthly basis for NRDY is 2.01, which has changed by -0.3954984 over the last 52 weeks, in comparison to a change of 0.23095727 over the same period for the S&P500. Over the past 52 weeks, NRDY has reached a high of $3.60, while it has fallen to a 52-week low of $0.73. The 50-Day Moving Average of the stock is 14.24%, while the 200-Day Moving Average is calculated to be 18.77%.
Shares Statistics:
NRDY traded an average of 2.27M shares per day over the past three months and 1277930 shares per day over the past ten days. A total of 114.97M shares are outstanding, with a floating share count of 24.00M. Insiders hold about 79.21% of the company’s shares, while institutions hold 27.21% stake in the company. Shares short for NRDY as of 1736899200 were 7547653 with a Short Ratio of 3.32, compared to 1734048000 on 6822918. Therefore, it implies a Short% of Shares Outstanding of 7547653 and a Short% of Float of 9.120000000000001.
Earnings Estimates
Current recommendations for the stock of the company come from 3.0 analysts. The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.03 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.26 and -$0.27 for the fiscal current year, implying an average EPS of -$0.26. EPS for the following year is -$0.18, with 3.0 analysts recommending between -$0.09 and -$0.26.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $45.9M to a low estimate of $43.76M. As of the current estimate, Nerdy Inc’s year-ago sales were $55.08MFor the next quarter, 8 analysts are estimating revenue of $47.5M. There is a high estimate of $49.4M for the next quarter, whereas the lowest estimate is $46.24M.
A total of 8 analysts have provided revenue estimates for NRDY’s current fiscal year. The highest revenue estimate was $188.1M, while the lowest revenue estimate was $186M, resulting in an average revenue estimate of $187.19M. In the same quarter a year ago, actual revenue was $193.4MBased on 8 analysts’ estimates, the company’s revenue will be $193.01M in the next fiscal year. The high estimate is $197.12M and the low estimate is $185.43M.