Is SEMrush Holdings Inc (NYSE: SEMR) Still A Buy After A -28.83% Weekly Drop?

During the last session, SEMrush Holdings Inc (NYSE:SEMR)’s traded shares were 1.08 million, with the beta value of the company hitting 1.76. At the end of the trading day, the stock’s price was $10.74, reflecting an intraday loss of -2.81% or -$0.31. The 52-week high for the SEMR share is $18.74, that puts it down -74.49 from that peak though still a striking 10.24% gain since the share price plummeted to a 52-week low of $9.64. The company’s market capitalization is $1.58B, and the average trade volume was 670.98K shares over the past three months.

SEMrush Holdings Inc (SEMR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.29. SEMR has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.08.

SEMrush Holdings Inc (NYSE:SEMR) trade information

SEMrush Holdings Inc (SEMR) registered a -2.81% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.81% in intraday trading to $10.74, hitting a weekly high. The stock’s 5-day price performance is -28.83%, and it has moved by -38.20% in 30 days. Based on these gigs, the overall price performance for the year is -14.49%.

The consensus price target of analysts on Wall Street is $18, which implies an increase of 40.33% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18 and $21 respectively. As a result, SEMR is trading at a discount of -95.53% off the target high and -67.6% off the low.

SEMrush Holdings Inc (SEMR) estimates and forecasts

In the rating firms’ projections, revenue will increase 19.90% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 104.33M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 108.91M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 85.81M and 90.95M respectively. In this case, analysts expect current quarter sales to grow by 21.59% and then jump by 19.75% in the coming quarter.

While earnings are projected to return 43.96% in 2025, the next five years will return 37.39% per annum.

SEMR Dividends

SEMrush Holdings Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 8.98 million shares, is of RUSSIA PARTNERS MANAGEMENT, LLC’s that is approximately 6.1667% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $120.29 million.

Also, the Mutual Funds coming in first place with the largest holdings of SEMrush Holdings Inc (SEMR) shares are Fidelity Small Cap Growth Fund and Vanguard Total Stock Market Index Fund . Data provided on Oct 31, 2024 indicates that Fidelity Small Cap Growth Fund owns about 1.71 shares. This amounts to just over 1.39 percent of the company’s overall shares, with a $18.4 million market value. The same data shows that the other fund manager holds slightly less at 1.56, or about 1.26% of the stock, which is worth about $16.77 million.