In last trading session, Nerdwallet Inc (NASDAQ:NRDS) saw 0.53 million shares changing hands with its beta currently measuring 1.39. Company’s recent per share price level of $15.61 trading at -$0.21 or -1.33% at ring of the bell on the day assigns it a market valuation of $1.15B. That closing price of NRDS’s stock is at a discount of -10.83% from its 52-week high price of $17.30 and is indicating a premium of 35.3% from its 52-week low price of $10.10. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.42 million shares which gives us an average trading volume of 699.20K if we extend that period to 3-months.

For Nerdwallet Inc (NRDS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.71. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.03 in the current quarter.

Nerdwallet Inc (NASDAQ:NRDS) trade information

Upright in the red during last session for losing -1.33%, in the last five days NRDS remained trading in the green while hitting it’s week-highest on Wednesday, 11/06/24 when the stock touched $15.61 price level, adding 5.11% to its value on the day. Nerdwallet Inc’s shares saw a change of 6.05% in year-to-date performance and have moved 7.58% in past 5-day. Nerdwallet Inc (NASDAQ:NRDS) showed a performance of 38.76% in past 30-days. Number of shares sold short was 4.11 million shares which calculate 7.73 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 18 to the stock, which implies a rise of 13.28% to its current value. Analysts have been projecting 16 as a low price target for the stock while placing it at a high target of 22. It follows that stock’s current price would drop -2.5% in reaching the projected high whereas dropping to the targeted low would mean a loss of -2.5% for stock’s current value.

Nerdwallet Inc (NRDS) estimates and forecasts

Statistics highlight that Nerdwallet Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 13.36% of value to its shares in past 6 months, showing an annual growth rate of 26.67% while that of industry is 9.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 12.20% from the last financial year’s standing.

6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 168.55M for the same. And 4 analysts are in estimates of company making revenue of 178.82M in the next quarter. Company posted 133.7M and 156.99M of sales in current and next quarters respectively a year earlier.

Nerdwallet Inc (NASDAQ:NRDS)’s Major holders

Insiders are in possession of 6.35% of company’s total shares while institution are holding 86.03 percent of that, with stock having share float percentage of 91.86%. Investors also watch the number of corporate investors in a company very closely, which is 86.03% institutions for Nerdwallet Inc that are currently holding shares of the company. INNOVIUS CAPITAL MANAGEMENT, LLC is the top institutional holder at NRDS for having 5.21 million shares of worth $76.06 million. And as of 2024-06-30, it was holding 6.7479 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 4.04 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.2296 of outstanding shares, having a total worth of $58.94 million.