In the last trading session, 1.07 million Marketwise Inc (NASDAQ:MKTW) shares changed hands as the company’s beta touched 0.36. With the company’s per share price at $0.52 changed hands at -$0.06 or -10.46% during last session, the market valuation stood at $168.87M. MKTW’s last price was a discount, traded about -261.54% off its 52-week high of $1.88. The share price had its 52-week low at $0.44, which suggests the last value was 15.38% up since then. When we look at Marketwise Inc’s average trading volume, we note the 10-day average is 0.58 million shares, with the 3-month average coming to 642.86K.
Analysts gave the Marketwise Inc (MKTW) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended MKTW as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Marketwise Inc’s EPS for the current quarter is expected to be 0.
Marketwise Inc (NASDAQ:MKTW) trade information
Instantly MKTW was in red as seen at the end of in last trading. With action -23.64%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -3.82%, with the 5-day performance at -23.64% in the red. However, in the 30-day time frame, Marketwise Inc (NASDAQ:MKTW) is -19.89% down. Looking at the short shares, we see there were 1.41 million shares sold at short interest cover period of 5.09 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3.5, meaning bulls need an upside of 85.14% from its current market value. According to analyst projections, MKTW’s forecast low is 2 with 5 as the target high. To hit the forecast high, the stock’s price needs a -861.54% plunge from its current level, while the stock would need to soar -284.62% for it to hit the projected low.
Marketwise Inc (MKTW) estimates and forecasts
Year-over-year growth is forecast to reach -24.81% down from the last financial year.
The 2025 estimates are for Marketwise Inc earnings to increase by 48.76%.
MKTW Dividends
Marketwise Inc is expected to release its next quarterly earnings report on 2025-Feb-28. The 7.69% annual yield figure for the share gives it an annual dividend of 0.04. It is important to note, however, that the 7.69% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Marketwise Inc (NASDAQ:MKTW)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 22.21% of Marketwise Inc shares while 23.81% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 30.61%. There are 23.81% institutions holding the Marketwise Inc stock share, with GREENHAVEN ROAD INVESTMENT MANAGEMENT, L.P. the top institutional holder. As of 2024-06-30, the company held 11.6901% of the shares, roughly 4.29 million MKTW shares worth $4.98 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 5.949% or 2.18 million shares worth $2.53 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund . With 1.18 shares estimated at $0.61 million under it, the former controlled 2.61% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 1.81% of the shares, roughly 816.13 shares worth around $0.42 million.
