In the latest trading session,, 2.35 million Nerdy Inc (NYSE:NRDY) shares changed hands as the company’s beta touched 1.92. With the company’s most recent per share price at $2.18 changed hands at -$0.47 or -17.55% at last look, the market valuation stands at $233.93M. NRDY’s current price is a discount, trading about -146.33% off its 52-week high of $5.37. The share price had its 52-week low at $2.31, which suggests the last value was -5.96% down since then. When we look at Nerdy Inc’s average trading volume, we note the 3-month average coming to 1.22 million.
Nerdy Inc (NYSE:NRDY) trade information
Instantly NRDY was in red as seen in intraday trades today. With action -14.65%, the performance over the past five days has been red. The drop to weekly highs of 2.75 subtracted -17.55% to the stock’s daily price. The company’s shares are showing year-to-date downside of -36.30%, with the 5-day performance at -14.65% in the red. However, in the 30-day time frame, Nerdy Inc (NYSE:NRDY) is -22.52% down.
Nerdy Inc (NRDY) estimates and forecasts
Data shows that the Nerdy Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -29.06% over the past 6 months, a 19.51% in annual growth rate that is considerably lower than the industry average of 21.70%. Year-over-year growth is forecast to reach 23.00% up from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 53.73M. 8 analysts are of the opinion that Nerdy Inc’s revenue for the current quarter will be 57.35M. The company’s revenue for the corresponding quarters a year ago was 49.18M and 48.84M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 9.20%. The estimates for the next quarter sales put growth at 17.40%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -509.31%. The 2024 estimates are for Nerdy Inc earnings to decrease by -74.21%.
