Nerdwallet Inc (NASDAQ: NRDS) is -22.36% lower on its value in year-to-date trading and has touched a low of $7.55 and a high of $16.45 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 $11.35 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $11.32, the stock is 3.12% and 7.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing -0.26% at the moment leaves the stock -4.46% off its SMA200. NRDS registered -14.89% loss for a year compared to 6-month loss of -13.98%.
The stock witnessed a 4.81% gain in the last 1 month and extending the period to 3 months gives it a 19.28%, and is 3.38% 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 3.11% over the week and 2.96% over the month.
Nerdwallet Inc (NRDS) has around 650 employees, a market worth around $843.48M and $734.90M in sales. Current P/E ratio is 28.75 and Fwd P/E is 17.02. Profit margin for the company is 4.01%. Distance from 52-week low is 49.93% and -31.18% from its 52-week high. The company has generated returns on investments over the last 12 months (7.86%).
with sales reaching $195.32M over the same period.The EPS is expected to shrink by -3.95% this year, but quarterly earnings will post 15.79% year-over-year. Quarterly sales are estimated to grow 29.69% in year-over-year returns.
The shares outstanding are 42.81M, and float is at 40.18M with Short Float at 5.26%.
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 5.1826 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.7 million shares representing 3.4645 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.
