In the latest trading session, 0.41 million Cardlytics Inc (NASDAQ:CDLX) shares changed hands as the company’s beta touched 1.68. With the company’s most recent per share price at $3.12 changed hands at -$0.08 or -2.50% at last look, the market valuation stands at $155.50M. CDLX’s current price is a discount, trading about -557.69% off its 52-week high of $20.52. The share price had its 52-week low at $2.89, which suggests the last value was 7.37% up since then. When we look at Cardlytics Inc’s average trading volume, we note the 10-day average is 0.62 million shares, with the 3-month average coming to 1.16 million.

Analysts gave the Cardlytics Inc (CDLX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.20. If we narrow down to specifics, the data shows that 1 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended CDLX as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Cardlytics Inc’s EPS for the current quarter is expected to be -0.24.

Cardlytics Inc (NASDAQ:CDLX) trade information

Instantly CDLX was in red as seen in intraday trades today. With action -6.87%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -66.12%, with the 5-day performance at -6.87% in the red. However, in the 30-day time frame, Cardlytics Inc (NASDAQ:CDLX) is -20.20% down. Looking at the short shares, we see there were 8.26 million shares sold at short interest cover period of 7.63 days.

The consensus price target for the stock as assigned by Wall Street analysts is 4.5, meaning bulls need an upside of 30.67% from its recent market value. According to analyst projections, CDLX’s forecast low is 3.5 with 17 as the target high. To hit the forecast high, the stock’s price needs a -444.87% plunge from its current level, while the stock would need to soar -12.18% for it to hit the projected low.

Cardlytics Inc (CDLX) estimates and forecasts

Year-over-year growth is forecast to reach -14.80% down from the last financial year.

Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 57.73M. 5 analysts are of the opinion that Cardlytics Inc’s revenue for the current quarter will be 68.52M. The company’s revenue for the corresponding quarters a year ago was 79M and 89.17M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -26.90%. The estimates for the next quarter sales put growth at -23.20%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -5.75%. The 2024 estimates are for Cardlytics Inc earnings to increase by 55.56%, but the outlook for the next 5-year period is at 44.10% per year.

CDLX Dividends

Cardlytics Inc is expected to release its next quarterly earnings report on 2024-Nov-06.

Cardlytics Inc (NASDAQ:CDLX)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 5.19% of Cardlytics Inc shares while 69.41% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 73.21%. There are 69.41% institutions holding the Cardlytics Inc stock share, with CAS INVESTMENT PARTNERS, LLC the top institutional holder. As of 2024-06-30, the company held 14.9483% of the shares, roughly 6.46 million CDLX shares worth $53.08 million.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.2876% or 3.15 million shares worth $25.88 million as of 2024-06-30.