Sharecare Inc [SHCR] stock prices are up 9.00% to $0.81 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 23.66% over the last week, with a monthly amount drifted -3.47%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Sharecare Inc [NASDAQ: SHCR] stock has seen the most recent analyst activity on April 01, 2024, when BTIG Research downgraded its rating to a Neutral. Previously, Morgan Stanley started tracking the stock with Equal-Weight rating on July 20, 2022, and set its price target to $2.50. On February 11, 2022, Goldman initiated with a Neutral rating and assigned a price target of $4.50 on the stock. Canaccord Genuity started tracking the stock assigning a Buy rating and suggested a price target of $11 on August 04, 2021. BTIG Research initiated its recommendation with a Buy and recommended $15 as its price target on July 28, 2021.
The stock price of Sharecare Inc [SHCR] has been fluctuating between $0.48 and $1.80 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 $0.81 at the most recent close of the market. An investor can expect a potential return of 393.83% based on the average SHCR price forecast.
Analyzing the SHCR fundamentals
The Sharecare Inc [NASDAQ:SHCR] reported sales of 445.25M for trailing twelve months, representing a drop of -14.59%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at -0.29%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.29%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is -0.27 and Total Capital is -0.26. 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 0.7649 points at the first support level, and at 0.7198 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8367, and for the 2nd resistance point, it is at 0.8634.
Sharecare Inc [SHCR] reported earnings per share of -$0.1 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.06/share, meaning a difference of -$0.04 and a surprise factor of -66.70%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were -$0.07 per share as compared to estimates of -$0.07 per share, a difference of $0 representing a surprise of 0.00%.
Ratios To Look Out For
It’s worth pointing out that Sharecare Inc [NASDAQ:SHCR]’s Current Ratio is 2.30. On the other hand, the Quick Ratio is 2.30, and the Cash Ratio is 1.1. Considering the valuation of this stock, the price to sales ratio is 0.65, the price to book ratio is 0.67.
