In the last trading session, 2.85 million MediaAlpha Inc (NYSE:MAX) shares changed hands as the company’s beta touched 1.12. With the company’s per share price at $9.30 changed hands at -$2.11 or -18.49% during last session, the market valuation stood at $619.98M. MAX’s last price was a discount, traded about -177.2% off its 52-week high of $25.78. The share price had its 52-week low at $10.21, which suggests the last value was -9.78% down since then.
Analysts gave the MediaAlpha Inc (MAX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.25. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended MAX as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.
MediaAlpha Inc (NYSE:MAX) trade information
Instantly MAX was in red as seen at the end of in last trading. With action -21.05%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -17.63%, with the 5-day performance at -21.05% in the red. However, in the 30-day time frame, MediaAlpha Inc (NYSE:MAX) is -15.30% down.
The consensus price target for the stock as assigned by Wall Street analysts is 20, meaning bulls need an upside of 53.5% from its current market value. According to analyst projections, MAX’s forecast low is 20 with 20 as the target high. To hit the forecast high, the stock’s price needs a -115.05% plunge from its current level, while the stock would need to soar -115.05% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -10.21%. The 2025 estimates are for MediaAlpha Inc earnings to increase by 126.24%, but the outlook for the next 5-year period is at 53.44% per year.
MAX Dividends
MediaAlpha Inc is expected to release its next quarterly earnings report in March.
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC holds the second largest percentage of outstanding shares, with 9.634% or 4.68 million shares worth $61.63 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 947.01 shares estimated at $8.81 million under it, the former controlled 1.72% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 1.53% of the shares, roughly 845.57 shares worth around $7.86 million.
