A share price of Sharecare Inc [SHCR] is currently trading at $0.95, down -0.50%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SHCR shares have gain 5.50% over the last week, with a monthly amount drifted -10.66%, and not seem to be holding up well over a long-time horizon.
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On 12, March 2024, Sharecare provides strategic update. In a post published today on Yahoo Finance, Independent special committee of the Sharecare Board of Directors reviewing multiple proposals.
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.
Sharecare Inc experienced fluctuations in its stock price throughout the past year between $0.77 and $2.35. 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
Trailing Twelve Months sales for Sharecare Inc [NASDAQ:SHCR] were 463.24M which represents -1.13% decline. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
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 0.9213 points at the first support level, and at 0.8957 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9813, and for the 2nd resistance point, it is at 1.0157.
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
To put it in perspective, the Current Ratio for Sharecare Inc [NASDAQ:SHCR] is 2.43. As well, the Quick Ratio is 2.43, while 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.
