GoodRx Holdings Inc. (NASDAQ: GDRX) is 12.45% higher on its value in year-to-date trading and has touched a low of $3.82 and a high of $10.37 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GDRX stock was last observed hovering at around $5.14 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $5.24, the stock is 7.70% and -5.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing 1.95% at the moment leaves the stock -3.39% off its SMA200. GDRX registered -30.13% loss for a year compared to 6-month gain of 14.66%. The firm has a 50-day simple moving average (SMA 50) of $2.66 and a 200-day simple moving average (SMA200) of $30.21.
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The stock witnessed a 7.82% loss in the last 1 month and extending the period to 3 months gives it a -1.13%, and is 1.95% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.76% over the week and 5.47% over the month.
GoodRx Holdings Inc. (GDRX) has around 952 employees, a market worth around $2.10B and $747.20M in sales. Fwd P/E is 17.47. Profit margin for the company is -6.50%. Distance from 52-week low is 37.17% and -49.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.50%).
GoodRx Holdings Inc. (GDRX) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for GoodRx Holdings Inc. (GDRX) is a “Hold”. 22 analysts offering their recommendations for the stock have an average rating of 2.60, where 17 rate it as a Hold and 1 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
GoodRx Holdings Inc. is expected to release its quarterly report on 08/09/2023.The EPS is expected to shrink by -29.10% this year
GoodRx Holdings Inc. (GDRX) Top Institutional Holders
The shares outstanding are 412.43M, and float is at 75.59M with Short Float at 6.54%.
GoodRx Holdings Inc. (GDRX) Insider Activity
A total of 20 insider transactions have happened at GoodRx Holdings Inc. (GDRX) in the last six months, with sales accounting for 9 and purchases happening 11 times.
