Nerdy Inc [NRDY] stock prices are up 8.78% to $1.61 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NRDY shares have gain 5.23% over the last week, with a monthly amount drifted -16.15%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nerdy Inc [NYSE: NRDY] stock has seen the most recent analyst activity on November 11, 2024, when JP Morgan downgraded its rating to a Underweight. Previously, JMP Securities downgraded its rating to Mkt Perform on November 08, 2024. On November 08, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $1 on the stock. Raymond James downgraded its rating to a Mkt Perform. Northland Capital downgraded its rating to a Market Perform. JP Morgan downgraded its rating to Neutral for this stock on August 09, 2024. In a note dated August 09, 2024, Canaccord Genuity downgraded an Hold rating on this stock and revised its target price from $5 to $3.
The stock price of Nerdy Inc [NRDY] has been fluctuating between $0.73 and $3.28 over the past year. Currently, Wall Street analysts expect the stock to reach $2.5 within the next 12 months. Nerdy Inc [NYSE: NRDY] shares were valued at $1.61 at the most recent close of the market. An investor can expect a potential return of 55.28% based on the average NRDY price forecast.
Analyzing the NRDY fundamentals
The Nerdy Inc [NYSE:NRDY] reported sales of 190.23M for trailing twelve months, representing a drop of -12.88%. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at -0.37%, Pretax Profit Margin comes in at -0.35%, and Net Profit Margin reading is -0.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.46, Equity is -0.91 and Total Capital is -1.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
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 1.5112 points at the first support level, and at 1.4123 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.6627, and for the 2nd resistance point, it is at 1.7153.
Ratios To Look Out For
It’s worth pointing out that Nerdy Inc [NYSE:NRDY]’s Current Ratio is 2.28. Further, the Quick Ratio stands at 2.28, while the Cash Ratio is 1.85. Considering the valuation of this stock, the price to sales ratio is 1.54, the price to book ratio is 4.80.
Transactions by insiders
Recent insider trading involved Pello Jason H., Chief Financial Officer, that happened on Mar 17 ’25 when 31877.0 shares were sold. Chief Legal Officer, Swenson Christopher C. completed a deal on Mar 17 ’25 to sell 19126.0 shares. Meanwhile, Chief Financial Officer Pello Jason H. sold 75000.0 shares on Mar 12 ’25.
