Now Is A Good Time To Buy Sharecare Inc (NASDAQ: SHCR)

During the last session, Sharecare Inc (NASDAQ:SHCR)’s traded shares were 2.37 million, with the beta value of the company hitting 0.26. At the end of the trading day, the stock’s price was $0.77, reflecting an intraday gain of 5.74% or $0.04. The 52-week high for the SHCR share is $1.80, that puts it down -133.77 from that peak though still a striking 37.66% gain since the share price plummeted to a 52-week low of $0.48. The company’s market capitalization is $276.85M, and the average trade volume was 1.85 million shares over the past three months.

Sharecare Inc (NASDAQ:SHCR) trade information

Sharecare Inc (SHCR) registered a 5.74% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 5.74% in intraday trading to $0.77, hitting a weekly high. The stock’s 5-day price performance is 16.68%, and it has moved by -13.97% in 30 days. Based on these gigs, the overall price performance for the year is -54.58%.

Sharecare Inc (SHCR) estimates and forecasts

Statistics show that Sharecare Inc has outperformed its competitors in share price, compared to the industry in which it operates. Sharecare Inc (SHCR) shares have gone down -35.66% during the last six months, with a year-to-date growth rate more than the industry average at 20.00% against 12.60. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 20.00% this quarter and then jump 20.00% in the quarter after that. In the rating firms’ projections, revenue will decrease -1.80% compared to the previous financial year.

Revenue for the current quarter is expected to be $101.33 million as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to $102.71 million by the end of Jun 2024. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $116.3 million and $110.35 million respectively. In this case, analysts expect current quarter sales to shrink by -12.90% and then drop by -6.90% in the coming quarter.

While earnings are projected to return -75.00% in 2024.

SHCR Dividends

Sharecare Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Sharecare Inc (NASDAQ:SHCR)’s Major holders