Sharecare Inc (NASDAQ:SHCR)’s traded shares stood at 2.66 million during the last session, with the company’s beta value hitting 0.29. At the close of trading, the stock’s price was $0.84, to imply a decrease of -3.03% or -$0.03 in intraday trading. The SHCR share’s 52-week high remains $2.26, putting it -169.05% down since that peak but still an impressive 8.33% since price per share fell to its 52-week low of $0.77. The company has a valuation of $295.72M, with an average of 2.05 million shares in intraday trading volume over the past 10 days and average of 1.03 million shares over the past 3 months.
Sharecare Inc (NASDAQ:SHCR) trade information
After registering a -3.03% downside in the last session, Sharecare Inc (SHCR) has traded red over the past five days. The stock hit a weekly high of 1.0100, dropping -3.03% in its intraday price action. The 5-day price performance for the stock is -14.26%, and -15.25% over 30 days. With these gigs, the year-to-date price performance is -22.31%. Short interest in Sharecare Inc (NASDAQ:SHCR) saw shorts transact 6.59 million shares and set a 6.16 days time to cover.
Sharecare Inc (SHCR) estimates and forecasts
Looking at statistics comparing Sharecare Inc share performance against respective industry, we note that the company has outperformed competitors. Sharecare Inc (SHCR) shares are -6.45% down over the last 6 months, with its year-to-date growth rate higher than industry average at 79.41% against 12.50%. Revenue is forecast to grow 14.30% this quarter before jumping 50.00% for the next one. The rating firms project that company’s revenue will grow 2.70% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is $114.99 million. Meanwhile, for the quarter ending Mar 2024, a total of 2 analyst(s) estimate revenue growth to $117.58 million.Earnings reports from the last fiscal year show that sales brought in $123.26 million and $116.3 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -6.70% before jumping 1.10% in the following quarter.
SHCR Dividends
Sharecare Inc has its next earnings report out on March 28. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Sharecare Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Sharecare Inc (NASDAQ:SHCR)’s Major holders
Sharecare Inc insiders hold 9.83% of total outstanding shares, with institutional holders owning 47.48% of the shares at 52.65% float percentage. In total, 47.48% institutions holds shares in the company, led by Blackrock Inc.. As of Jun 29, 2023, the company held over 22.68 million shares (or 6.35% of shares), all amounting to roughly $39.69 million.
The next major institution holding the largest number of shares is Vanguard Group Inc with 16.27 million shares, or about 4.56% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $28.47 million.
We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Sharecare Inc (SHCR) shares. Going by data provided on Jun 29, 2023, Vanguard Total Stock Market Index Fund holds roughly 8.87 million shares. This is just over 2.48% of the total shares, with a market valuation of $15.53 million. Data from the same date shows that the other fund manager holds a little less at 7.03 million, or 1.97% of the shares, all valued at about 6.67 million.
