In last trading session, GoodRx Holdings Inc. (NASDAQ:GDRX) saw 1.84 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $27.21 trading at -$0.53 or -1.91% at ring of the bell on the day assigns it a market valuation of $11.22B. That closing price of GDRX’s stock is at a discount of -119.29% from its 52-week high price of $59.67 and is indicating a premium of 7.86% from its 52-week low price of $25.07. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.87 million shares which gives us an average trading volume of 1.49 million if we extend that period to 3-months.
For GoodRx Holdings Inc. (GDRX), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.20. Splitting up the data highlights that, out of 17 analysts covering the stock, 1 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 10 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.1 in the current quarter.
GoodRx Holdings Inc. (NASDAQ:GDRX) trade information
Upright in the red during last session for losing -1.91%, in the last five days GDRX remained trading in the red while hitting it’s week-highest on Wednesday, 01/12/22 when the stock touched $27.21 price level, adding 5.36% to its value on the day. GoodRx Holdings Inc.’s shares saw a change of -16.74% in year-to-date performance and have moved -0.22% in past 5-day. GoodRx Holdings Inc. (NASDAQ:GDRX) showed a performance of -31.01% in past 30-days. Number of shares sold short was 14.97 million shares which calculate 10.73 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $43.80 to the stock, which implies a rise of 37.88% to its current value. Analysts have been projecting $33.00 as a low price target for the stock while placing it at a high target of $50.00. It follows that stock’s current price would drop -83.76% in reaching the projected high whereas dropping to the targeted low would mean a loss of -21.28% for stock’s current value.
GoodRx Holdings Inc. (GDRX) estimates and forecasts
Statistics highlight that GoodRx Holdings Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -8.17% of value to its shares in past 6 months, showing an annual growth rate of 2.94% while that of industry is 17.10. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to increase by 25.00% in the current quarter and calculating 57.10% increase in the next quarter. This year revenue growth is estimated to rise 36.20% from the last financial year’s standing.
12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $217.42 million for the same. And 10 analysts are in estimates of company making revenue of $229.62 million in the next quarter that will end on Mar 2022. Company posted $153.54 million and $160.43 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 41.60% while estimating it to be 43.10% for the next quarter.
In 2022, company’s earnings growth rate is likely to be around -720.20% while estimates for its earnings growth in next 5 years are of 30.88%.
GoodRx Holdings Inc. is more likely to be releasing its next quarterly report between March 09 and March 14 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
GoodRx Holdings Inc. (NASDAQ:GDRX)’s Major holders
Insiders are in possession of 7.29% of company’s total shares while institution are holding 79.85 percent of that, with stock having share float percentage of 86.12%. Investors also watch the number of corporate investors in a company very closely, which is 79.85% institutions for GoodRx Holdings Inc. that are currently holding shares of the company. Abdiel Capital Advisors, LP is the top institutional holder at GDRX for having 8.79 million shares of worth $360.69 million. And as of Sep 29, 2021, it was holding 10.90% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 5.52 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 6.85% of outstanding shares, having a total worth of $226.6 million.
On the other hand, Hartford Growth Opportunities Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Oct 30, 2021, the former fund manager was holding 2.07 million shares of worth $92.11 million or 2.56% of the total outstanding shares. The later fund manager was in possession of 1.82 million shares on Sep 29, 2021, making its stake of worth around $74.81 million in the company or a holder of 2.26% of company’s stock.