A share price of Grindr Inc [GRND] is currently trading at $24.38, up 0.29%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GRND shares have gain 1.16% over the last week, with a monthly amount glided 22.21%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Grindr Inc [NYSE: GRND] stock has seen the most recent analyst activity on December 16, 2024, when Goldman initiated its Buy rating and assigned the stock a price target of $20. Previously, Raymond James reaffirmed its Outperform rating on June 27, 2024, and elevated its price target to $15. On June 27, 2024, JMP Securities reiterated its Mkt Outperform rating and revised its price target to $17 on the stock. Raymond James started tracking the stock assigning a Outperform rating and suggested a price target of $14 on April 04, 2024. JMP Securities initiated its recommendation with a Mkt Outperform and recommended $14 as its price target on April 02, 2024. TD Cowen started tracking with a Buy rating for this stock on March 28, 2024, and assigned it a price target of $12.
Grindr Inc experienced fluctuations in its stock price throughout the past year between $8.95 and $24.80. Currently, Wall Street analysts expect the stock to reach $22 within the next 12 months. Grindr Inc [NYSE: GRND] shares were valued at $24.38 at the most recent close of the market. An investor can expect a potential drop of -9.76% based on the average GRND price forecast.
Analyzing the GRND fundamentals
Trailing Twelve Months sales for Grindr Inc [NYSE:GRND] were 363.23M which represents 24.68% growth. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at -0.22%, and Net Profit Margin reading is -0.26%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is -2.84 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.91.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Grindr Inc [NYSE:GRND] is 4.17. As well, the Quick Ratio is 4.17, while the Cash Ratio is 3.38. Considering the valuation of this stock, the price to sales ratio is 13.15, the price to book ratio is 15.26.
Transactions by insiders
Recent insider trading involved GEARON J MICHAEL JR, Director, that happened on May 19 ’25 when 0.48 million shares were sold. Director, GEARON J MICHAEL JR completed a deal on May 16 ’25 to sell 0.11 million shares. Meanwhile, Director J MICHAEL GEARON JR REV TRUST bought 0.48 million shares on May 19 ’25.
