In last trading session, Nerdy Inc (NYSE:NRDY) saw 1.39 million shares changing hands with its beta currently measuring 2.00. Company’s recent per share price level of $1.71 trading at -$0.09 or -5.00% at ring of the bell on the day assigns it a market valuation of $308.44M. That closing price of NRDY’s stock is at a discount of -92.4% from its 52-week high price of $3.29 and is indicating a premium of 57.31% from its 52-week low price of $0.73.
For Nerdy Inc (NRDY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.09 in the current quarter.
Nerdy Inc (NYSE:NRDY) trade information
Upright in the red during last session for losing -5.00%, in the last five days NRDY remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $1.71 price level, adding 15.35% to its value on the day. Nerdy Inc’s shares saw a change of 5.56% in year-to-date performance and have moved -11.86% in past 5-day. Nerdy Inc (NYSE:NRDY) showed a performance of 2.40% in past 30-days.
Wall Street analysts have assigned a consensus price target of 2.5 to the stock, which implies a rise of 31.6% to its current value. Analysts have been projecting 2.5 as a low price target for the stock while placing it at a high target of 2.5. It follows that stock’s current price would drop -46.2% in reaching the projected high whereas dropping to the targeted low would mean a loss of -46.2% for stock’s current value.
Nerdy Inc (NRDY) estimates and forecasts
This year revenue growth is estimated to fall -3.21% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 44.99M for the same. And 6 analysts are in estimates of company making revenue of 47.5M in the next quarter. Company posted 55.08M and 53.7M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -509.31% during past 5 years.
Nerdy Inc (NYSE:NRDY)’s Major holders
TPG GP A, LLC is the top institutional holder at NRDY for having 10.6 million shares of worth $17.69 million. And as of 2024-06-30, it was holding 9.6389 of the company’s outstanding shares.
The second largest institutional holder is GREENVALE CAPITAL LLP, which was holding about 9.0 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.1875 of outstanding shares, having a total worth of $15.03 million.
On the other hand, Franklin Strategic Series-Franklin Small Cap Growth Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024 , the former fund manager was holding 3.29 shares of worth $5.62 million or 2.85% of the total outstanding shares. The later fund manager was in possession of 2.05 shares on Nov 30, 2024 , making its stake of worth around $3.51 million in the company or a holder of 1.78% of company’s stock.