GoodRx Holdings Inc (NASDAQ: GDRX) is -8.81% lower on its value in year-to-date trading and has touched a low of $4.14 and a high of $9.26 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GDRX stock was last observed hovering at around $5.94 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $6.11, the stock is -5.94% and -12.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.73 million and changing 2.86% at the moment leaves the stock -16.27% off its SMA200. GDRX registered 14.63% gain for a year compared to 6-month loss of -19.71%. The firm has a 50-day simple moving average (SMA 50) of $7.0636 and a 200-day simple moving average (SMA200) of $7.30025.
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The stock witnessed a -12.84% gain in the last 1 month and extending the period to 3 months gives it a -12.84%, and is -4.23% down 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 5.02% over the week and 3.59% over the month.
GoodRx Holdings Inc (GDRX) has around 694 employees, a market worth around $2.32B and $775.09M in sales. Fwd P/E is 13.93. Profit margin for the company is -7.57%. Distance from 52-week low is 47.76% and -34.02% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.30%).
The EPS is expected to grow by 23.79% this year
227.0 institutions hold shares in GoodRx Holdings Inc (GDRX), with institutional investors hold 74.36% of the company’s shares. The shares outstanding are 92.36M, and float is at 81.16M with Short Float at 11.04%. Institutions hold 65.10% of the Float.
The top institutional shareholder in the company is FRANCISCO PARTNERS MANAGEMENT, LP with over 70.08 million shares valued at $546.61 million. The investor’s holdings represent 17.9666 of the GDRX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 8.13 million shares valued at $63.43 million to account for 2.0849 of the shares outstanding. The other top investors are AMERIPRISE FINANCIAL INC which holds 5.18 million shares representing 1.3287 and valued at over $40.42 million, while MILLENNIUM MANAGEMENT LLC holds 1.0568 of the shares totaling 4.12 million with a market value of $32.15 million.
GoodRx Holdings Inc (GDRX) Insider Activity
The most recent transaction is an insider sale by Spectrum Equity VII, L.P., the company’s 10% Owner. SEC filings show that Spectrum Equity VII, L.P. sold 10,677 shares of the company’s common stock on Sep 03 ’24 at a price of $7.86 per share for a total of $83922.0. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Sep 03 ’24, Spectrum VII Co-Investment Fun (Affiliate) Proposed Sale 3,849 shares at an average price of $7.86 for $30253.0. The insider now directly holds shares of GoodRx Holdings Inc (GDRX).
