A share price of Nerdy Inc [NRDY] is currently trading at $1.82, up 7.06%. An important factor to consider is whether the stock is rising or falling in short-term value. The NRDY shares have gain 18.95% over the last week, with a monthly amount drifted -2.67%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Goldman downgraded its rating to a Neutral and decreased its price target to $3 on May 17, 2022. Cantor Fitzgerald initiated its recommendation with a Overweight and recommended $7 as its price target on March 30, 2022. Needham reiterated a Buy rating for this stock on March 01, 2022, and downed its price target to $8. In a note dated January 07, 2022, Goldman initiated an Buy rating and provided a target price of $8 on this stock.
Nerdy Inc experienced fluctuations in its stock price throughout the past year between $1.47 and $5.37. Nerdy Inc [NYSE: NRDY] shares were valued at $1.82 at the most recent close of the market.
Analyzing the NRDY fundamentals
Trailing Twelve Months sales for Nerdy Inc [NYSE:NRDY] were 197.95M which represents 9.25% growth. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at -0.3%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.14%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -0.59 and Total Capital is -0.67. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.
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 1.7283 points at the first support level, and at 1.6367 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.8733, and for the 2nd resistance point, it is at 1.9267.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Nerdy Inc [NYSE:NRDY] is 2.78. On the other hand, the Quick Ratio is 2.78, and the Cash Ratio is 2.33. Considering the valuation of this stock, the price to sales ratio is 1.00, the price to book ratio is 3.76.
Transactions by insiders
Recent insider trading involved Pello Jason H., Chief Financial Officer, that happened on Jun 17 ’24 when 31586.0 shares were sold. Chief Executive Officer, Cohn Charles K. completed a deal on Jun 14 ’24 to buy 0.35 million shares. Meanwhile, Chief Executive Officer Cohn Charles K. bought 0.35 million shares on Jun 13 ’24.
