Sharecare Inc [SHCR] stock prices are up 1.16% to $0.95 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The SHCR shares have gain 7.48% over the last week, with a monthly amount drifted -15.85%, and not seem to be holding up well over a long-time horizon.
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On 22, February 2024, Sharecare to report fourth quarter and full year fiscal 2023 financial results on Wednesday, March 13. In a post published today on Yahoo Finance, Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced that it will report fourth quarter and full year fiscal 2023 financial results on Wednesday, March 13, 2024, before the market opens. In conjunction, the company will host a conference call to review results at 8:00 a.m. EDT on the same day.
From an analyst’s perspective:
Sharecare Inc [NASDAQ: SHCR] stock has seen the most recent analyst activity on July 20, 2022, when Morgan Stanley initiated its Equal-Weight rating and assigned the stock a price target of $2.50. Previously, Goldman started tracking the stock with Neutral rating on February 11, 2022, and set its price target to $4.50. On August 04, 2021, Canaccord Genuity initiated with a Buy rating and assigned a price target of $11 on the stock. BTIG Research started tracking the stock assigning a Buy rating and suggested a price target of $15 on July 28, 2021.
The stock price of Sharecare Inc [SHCR] has been fluctuating between $0.77 and $2.62 over the past year. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. Sharecare Inc [NASDAQ: SHCR] shares were valued at $0.95 at the most recent close of the market. An investor can expect a potential return of 321.05% based on the average SHCR price forecast.
Analyzing the SHCR fundamentals
The Sharecare Inc [NASDAQ:SHCR] reported sales of 463.24M for trailing twelve months, representing a drop of -1.13%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at -0.28%, Pretax Profit Margin comes in at -0.26%, and Net Profit Margin reading is -0.26%. To continue investigating profitability, this company’s Return on Assets is posted at -0.19, Equity is -0.24 and Total Capital is -0.25. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.9261 points at the first support level, and at 0.9014 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9928, and for the 2nd resistance point, it is at 1.0348.
Sharecare Inc [SHCR] reported earnings per share of -$0.07 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.07/share, meaning a difference of $0 and a surprise factor of 0.00%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.1 per share as compared to estimates of -$0.09 per share, a difference of -$0.01 representing a surprise of -11.10%.
Ratios To Look Out For
It’s worth pointing out that Sharecare Inc [NASDAQ:SHCR]’s Current Ratio is 2.43. On the other hand, the Quick Ratio is 2.43, and the Cash Ratio is 1.16. Considering the valuation of this stock, the price to sales ratio is 0.72, the price to book ratio is 0.74.
