GoodRx Holdings Inc (NASDAQ: GDRX) is -32.99% 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 $4.37 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $4.49, the stock is -5.82% and -17.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing 2.75% at the moment leaves the stock -35.90% off its SMA200. GDRX registered -29.84% loss for a year compared to 6-month loss of -41.91%. The firm has a 50-day simple moving average (SMA 50) of $5.4704 and a 200-day simple moving average (SMA200) of $7.01955.
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The stock witnessed a 5.90% gain in the last 1 month and extending the period to 3 months gives it a -35.02%, and is -4.47% 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 4.83% over the week and 4.61% over the month.
GoodRx Holdings Inc (GDRX) has around 694 employees, a market worth around $1.71B and $790.38M in sales. Fwd P/E is 11.24. Profit margin for the company is -2.05%. Distance from 52-week low is 9.78% and -51.51% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.32%).
with sales reaching $199.73M over the same period.The EPS is expected to grow by 22.50% this year, but quarterly earnings will post 4.38% year-over-year. Quarterly sales are estimated to grow 1.57% in year-over-year returns.
226.0 institutions hold shares in GoodRx Holdings Inc (GDRX), with institutional investors hold 80.38% of the company’s shares. The shares outstanding are 103.93M, and float is at 86.74M with Short Float at 8.58%. 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
GoodRx Holdings Inc disclosed in a document filed with the SEC on Sep 03 ’24 that Spectrum Equity VII, L.P. (10% Owner) sold a total of 10,677 shares of the company’s common stock. The trade occurred on Sep 03 ’24 and was made at $7.86 per share for $83922.0. Following the transaction, the insider now directly holds 0.0 shares of the GDRX stock.
Still, SEC filings show that on Sep 03 ’24, Spectrum VII Investment Manage (Affiliate) Proposed Sale 6,828 shares at an average price of $7.86 for $53668.0. The insider now directly holds shares of GoodRx Holdings Inc (GDRX).
