In last trading session, Marketwise Inc (NASDAQ:MKTW) saw 0.33 million shares changing hands with its beta currently measuring 0.40. Company’s recent per share price level of $0.59 trading at -$0.02 or -2.48% at ring of the bell on the day assigns it a market valuation of $192.94M. That closing price of MKTW’s stock is at a discount of -242.37% from its 52-week high price of $2.02 and is indicating a premium of 25.42% from its 52-week low price of $0.44.
For Marketwise Inc (MKTW), 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 3 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 2 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 in the current quarter.
Marketwise Inc (NASDAQ:MKTW) trade information
Upright in the red during last session for losing -2.48%, in the last five days MKTW remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $0.59 price level, adding 14.49% to its value on the day. Marketwise Inc’s shares saw a change of 9.95% in year-to-date performance and have moved -3.89% in past 5-day. Marketwise Inc (NASDAQ:MKTW) showed a performance of 3.05% in past 30-days.
Wall Street analysts have assigned a consensus price target of 3.5 to the stock, which implies a rise of 83.14% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -238.98% in reaching the projected high whereas dropping to the targeted low would mean a loss of -238.98% for stock’s current value.
Marketwise Inc (MKTW) estimates and forecasts
This year revenue growth is estimated to fall -13.30% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 77.36M for the same.
In 2025, company’s earnings growth rate is likely to be around 631.37% while estimates for its earnings growth in next 5 years are of 167.60%.
Marketwise Inc (NASDAQ:MKTW)’s Major holders
GREENHAVEN ROAD INVESTMENT MANAGEMENT, L.P. is the top institutional holder at MKTW for having 4.29 million shares of worth $4.98 million. And as of 2024-06-30, it was holding 11.6901 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 2.18 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.949 of outstanding shares, having a total worth of $2.53 million.
On the other hand, iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 1.22 shares of worth $0.72 million or 2.74% of the total outstanding shares. The later fund manager was in possession of 816.13 shares on Sep 30, 2024 , making its stake of worth around $0.49 million in the company or a holder of 1.84% of company’s stock.
