Nerdwallet Inc (NASDAQ: NRDS) is -22.33% lower on its value in year-to-date trading and has touched a low of $10.10 and a high of $17.30 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 NRDS stock was last observed hovering at around $11.38 in the last trading session, with the day’s loss setting it -1.05%.
Currently trading at $10.33, the stock is -25.30% and -24.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.53 million and changing -9.19% at the moment leaves the stock -23.42% off its SMA200. NRDS registered -34.99% loss for a year compared to 6-month gain of -13.41%.
The stock witnessed a -27.10% loss in the last 1 month and extending the period to 3 months gives it a -23.03%, and is -24.98% 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 11.91% over the week and 5.75% over the month.
Nerdwallet Inc (NRDS) has around 730 employees, a market worth around $765.53M and $637.50M in sales. Fwd P/E is 15.84. Profit margin for the company is -1.65%. Distance from 52-week low is 2.28% and -40.29% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.22%).
with sales reaching $188.96M over the same period.The EPS is expected to shrink by -20.00% this year, but quarterly earnings will post 10.28% year-over-year. Quarterly sales are estimated to grow 16.72% in year-over-year returns.
Nerdwallet Inc (NRDS) Top Institutional Holders
The shares outstanding are 42.34M, and float is at 34.01M with Short Float at 7.77%.
The top institutional shareholder in the company is INNOVIUS CAPITAL MANAGEMENT, LLC with over 5.21 million shares valued at $76.06 million. The investor’s holdings represent 6.6872% of the NRDS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.04 million shares valued at $$58.94 million to account for 5.2296 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.7 million shares representing 3.4959% and valued at over $39.4 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 3.3898 of the shares totaling 2.64 million with a market value of $38.55 million.
Nerdwallet Inc (NRDS) Insider Activity
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Still, SEC filings show that on Jan 24 ’25, THE SMB CHARITABLE REMAINDER T (Officer) Proposed Sale 44,481 shares at an average price of $13.84 for $0.62 million. The insider now directly holds shares of Nerdwallet Inc (NRDS).
