In the last trading session, 3.4 million shares of the Sharecare Inc. (NASDAQ:SHCR) were traded. Most recently the company’s share price was $1.97, and it changed around -$0.04 or -1.99% from the last close, which brings the market valuation of the company to $679.69M. SHCR currently trades at a discount to its 52-week high of $10.77, offering almost -446.7% off that amount. The share price’s 52-week low was $1.77, which indicates that the current value has risen by an impressive 10.15% since then. We note from Sharecare Inc.’s average daily trading volume that its 3-month average coming to 1.98 million.
Sharecare Inc. stock received a consensus recommendation rating of an Overweight, based on a mean score of 1.70. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended SHCR as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Sharecare Inc. is expected to report earnings per share of -$0.04 for the current quarter.
Sharecare Inc. (NASDAQ:SHCR) trade information
Instantly SHCR has showed a red trend with a performance of -1.99% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.15 on Tuesday, 06/21/22 increased the stock’s daily price by 8.37%. The company’s shares are currently down -56.12% year-to-date, but still up 8.24% over the last five days. On the other hand, Sharecare Inc. (NASDAQ:SHCR) is -28.62% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $5.63, which translates to bulls needing to increase their stock price by 65.01% from its current value. Analyst projections state that SHCR is forecast to be at a low of $3.50 and a high of $10.00. In order for the stock price to hit the forecast high, the stock would need to plunge -407.61% from its current level, while the stock would need to crash -77.66% from its current level to reach the projected low.
Sharecare Inc. (SHCR) estimates and forecasts
The year-over-year growth rate is expected to be 15.30%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of $97.45 million in revenue for the current quarter. 3 analysts expect Sharecare Inc. to make $105.55 million in revenue for the quarter ending Jun 2022. Forecasts for the next quarter put sales growth at 7.20%.
Sharecare Inc.’s next quarterly earnings report is expected to be released on November 10.
Sharecare Inc. (NASDAQ:SHCR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 9.92% of Sharecare Inc. shares, and 28.88% of them are in the hands of institutional investors. The stock currently has a share float of 32.06%. Sharecare Inc. stock is held by 114 institutions, with Spring Creek Capital LLC being the largest institutional investor. By Dec 30, 2021, it held 2.65% of the shares, which is about 9.0 million shares worth $40.41 million.
Ameriprise Financial, Inc., with 2.49% or 8.43 million shares worth $37.86 million as of Dec 30, 2021, holds the second largest percentage of outstanding shares.
Columbia Fds Ser Tr I-Columbia Small Cap Growth Fd I and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Feb 27, 2022. The former held 4.89 million shares worth $14.91 million, making up 1.44% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 3.88 million shares worth around $17.44 million, which represents about 1.15% of the total shares outstanding.