GoodRx Holdings Inc (NASDAQ: GDRX) is -26.87% lower on its value in year-to-date trading and has touched a low of $4.09 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 $4.29 in the last trading session, with the day’s gains setting it 0.61%.
Currently trading at $4.90, the stock is -6.01% and -21.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.98 million and changing 14.22% at the moment leaves the stock -31.89% off its SMA200. GDRX registered -16.10% loss for a year compared to 6-month loss of -31.37%. The firm has a 50-day simple moving average (SMA 50) of $6.223 and a 200-day simple moving average (SMA200) of $7.19445.
The stock witnessed a -21.35% gain in the last 1 month and extending the period to 3 months gives it a -39.88%, and is 18.07% 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 6.67% over the week and 6.40% over the month.
GoodRx Holdings Inc (GDRX) has around 694 employees, a market worth around $2.13B and $790.38M in sales. Fwd P/E is 12.09. Profit margin for the company is -2.05%. Distance from 52-week low is 19.80% and -47.08% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.32%).
with sales reaching $200.23M over the same period.The EPS is expected to grow by 22.78% this year, but quarterly earnings will post 4.44% year-over-year. Quarterly sales are estimated to grow 1.82% in year-over-year returns.
GoodRx Holdings Inc (GDRX) Top Institutional Holders
225.0 institutions hold shares in GoodRx Holdings Inc (GDRX), with institutional investors hold 80.30% of the company’s shares. The shares outstanding are 92.36M, and float is at 85.81M with Short Float at 10.13%. Institutions hold 70.74% 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).
