NRDS has 36-month beta value of 1.43. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for NRDS is 38.06M, and currently, short sellers hold a 4.41% ratio of that float. The average trading volume of NRDS on September 19, 2024 was 499.31K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
NRDS) stock’s latest price update
The stock of Nerdwallet Inc (NASDAQ: NRDS) has decreased by -1.76 when compared to last closing price of 13.07. Despite this, the company has experienced a 4.90% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-09-09 that SAN FRANCISCO–(BUSINESS WIRE)–NerdWallet announces new $50 million share repurchase program.
NRDS’s Market Performance
Nerdwallet Inc (NRDS) has experienced a 4.90% rise in stock performance for the past week, with a 7.09% rise in the past month, and a -2.95% drop in the past quarter. The volatility ratio for the week is 2.95%, and the volatility levels for the past 30 days are at 3.33% for NRDS. The simple moving average for the past 20 days is 2.77% for NRDS’s stock, with a -9.05% simple moving average for the past 200 days.
Analysts’ Opinion of NRDS
Many brokerage firms have already submitted their reports for NRDS stocks, with Citigroup repeating the rating for NRDS by listing it as a “Neutral.” The predicted price for NRDS in the upcoming period, according to Citigroup is $14 based on the research report published on May 03, 2023 of the previous year 2023.
Truist gave a rating of “Buy” to NRDS, setting the target price at $30 in the report published on November 29th of the previous year.
NRDS Trading at -2.18% from the 50-Day Moving Average
After a stumble in the market that brought NRDS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.78% of loss for the given period.
Volatility was left at 3.33%, however, over the last 30 days, the volatility rate increased by 2.95%, as shares surge +7.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.77% lower at present.
During the last 5 trading sessions, NRDS rose by +4.90%, which changed the moving average for the period of 200-days by +9.28% in comparison to the 20-day moving average, which settled at $12.54. In addition, Nerdwallet Inc saw -12.77% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NRDS starting from YOUNT SAMUEL, who sale 5,000 shares at the price of $12.01 back on Aug 19 ’24. After this action, YOUNT SAMUEL now owns 2,329,471 shares of Nerdwallet Inc, valued at $60,050 using the latest closing price.
YOUNT SAMUEL, the VP, General Manager of Nerdwallet Inc, sale 7,500 shares at $15.04 during a trade that took place back on Jul 03 ’24, which means that YOUNT SAMUEL is holding 2,334,471 shares at $112,800 based on the most recent closing price.
Stock Fundamentals for NRDS
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.91 for the gross margin
The net margin for Nerdwallet Inc stands at -0.02. The total capital return value is set at 0.01. Equity return is now at value -2.98, with -2.59 for asset returns.
Based on Nerdwallet Inc (NRDS), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 13.04. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 5.0.
Currently, EBITDA for the company is 51.8 million with net debt to EBITDA at -2.44. When we switch over and look at the enterprise to sales, we see a ratio of 1.51. The receivables turnover for the company is 5.98for trailing twelve months and the total asset turnover is 1.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.27.
Conclusion
To put it simply, Nerdwallet Inc (NRDS) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
