MediaAlpha Inc (NYSE: MAX)’s stock price has increased by 1.16 compared to its previous closing price of 11.16. However, the company has seen a 5.42% increase in its stock price over the last five trading sessions. accesswire.com reported 2024-12-31 that NEW YORK, NY / ACCESSWIRE / December 31, 2024 / Pomerantz LLP is investigating claims on behalf of investors of MediaAlpha, Inc. (“MediaAlpha” or the “Company”) (NYSE:MAX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
Is It Worth Investing in MediaAlpha Inc (NYSE: MAX) Right Now?
MediaAlpha Inc (NYSE: MAX) has a higher price-to-earnings ratio of 67.52x compared to its average ratio. MAX has 36-month beta value of 1.13. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 5 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for MAX is 31.79M, and currently, short sellers hold a 6.49% ratio of that float. The average trading volume of MAX on January 01, 2025 was 578.62K shares.
MAX’s Market Performance
MAX stock saw a decrease of 5.42% in the past week, with a monthly decline of -10.61% and a quarterly a decrease of -36.32%. The volatility ratio for the week is 4.05%, and the volatility levels for the last 30 days are 5.59% for MediaAlpha Inc (MAX). The simple moving average for the last 20 days is 0.89% for MAX stock, with a simple moving average of -31.14% for the last 200 days.
Analysts’ Opinion of MAX
Many brokerage firms have already submitted their reports for MAX stocks, with Goldman repeating the rating for MAX by listing it as a “Buy.” The predicted price for MAX in the upcoming period, according to Goldman is $20 based on the research report published on August 20, 2024 of the previous year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see MAX reach a price target of $13, previously predicting the price at $19. The rating they have provided for MAX stocks is “Hold” according to the report published on June 26th, 2024.
BMO Capital Markets gave a rating of “Outperform” to MAX, setting the target price at $28 in the report published on February 26th of the previous year.
MAX Trading at -15.06% from the 50-Day Moving Average
After a stumble in the market that brought MAX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -56.21% of loss for the given period.
Volatility was left at 5.59%, however, over the last 30 days, the volatility rate increased by 4.05%, as shares sank -11.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -41.98% lower at present.
During the last 5 trading sessions, MAX rose by +5.42%, which changed the moving average for the period of 200-days by -43.07% in comparison to the 20-day moving average, which settled at $11.19. In addition, MediaAlpha Inc saw 1.26% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MAX starting from Nonko Eugene, who sale 72,000 shares at the price of $20.67 back on Oct 30 ’24. After this action, Nonko Eugene now owns 1,550,990 shares of MediaAlpha Inc, valued at $1,487,959 using the latest closing price.
Yi Steven, the of MediaAlpha Inc, sale 72,000 shares at $20.66 during a trade that took place back on Oct 30 ’24, which means that Yi Steven is holding 2,312,162 shares at $1,487,750 based on the most recent closing price.
Stock Fundamentals for MAX
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.17 for the gross margin
The net margin for MediaAlpha Inc stands at 0.01. The total capital return value is set at 0.25.
Based on MediaAlpha Inc (MAX), the company’s capital structure generated 1.05 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at -19.69. The interest coverage ratio of the stock is 1.73.
Currently, EBITDA for the company is -34.43 million with net debt to EBITDA at 4.0. When we switch over and look at the enterprise to sales, we see a ratio of 1.3. The receivables turnover for the company is 5.37for trailing twelve months and the total asset turnover is 2.89. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.
Conclusion
To put it simply, MediaAlpha Inc (MAX) 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.
