During the last session, Marketwise Inc (NASDAQ:MKTW)’s traded shares were 0.45 million, with the beta value of the company hitting 0.24. At the end of the trading day, the stock’s price was $0.73, reflecting an intraday loss of -4.66% or -$0.03. The 52-week high for the MKTW share is $2.02, that puts it down -176.71 from that peak though still a striking 39.73% gain since the share price plummeted to a 52-week low of $0.44. The company’s market capitalization is $242.43M, and the average trade volume was 610.98K shares over the past three months.
Marketwise Inc (MKTW) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. MKTW has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 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.
Marketwise Inc (NASDAQ:MKTW) trade information
Marketwise Inc (MKTW) registered a -4.66% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -4.66% in intraday trading to $0.73, hitting a weekly high. The stock’s 5-day price performance is 19.49%, and it has moved by 26.44% in 30 days. Based on these gigs, the overall price performance for the year is -56.63%.
The consensus price target of analysts on Wall Street is $3.5, which implies an increase of 79.14% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $5 respectively. As a result, MKTW is trading at a discount of -584.93% off the target high and -173.97% off the low.
Marketwise Inc (MKTW) estimates and forecasts
In the rating firms’ projections, revenue will decrease -24.81% compared to the previous financial year.
While earnings are projected to return 48.76% in 2025.
MKTW Dividends
Marketwise 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. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Marketwise Inc is 0.04, with the dividend yield indicating at 5.50 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 2.18 million shares, is of BLACKROCK INC.’s that is approximately 5.949% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.53 million.
Also, the Mutual Funds coming in first place with the largest holdings of Marketwise Inc (MKTW) shares are iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund . Data provided on Dec 31, 2024 indicates that iShares Russell 2000 ETF owns about 1.18 shares. This amounts to just over 2.97 percent of the company’s overall shares, with a $0.86 million market value. The same data shows that the other fund manager holds slightly less at 816.13, or about 2.06% of the stock, which is worth about $0.59 million.
