In the last trading session, 1.34 million Cardlytics Inc (NASDAQ:CDLX) shares changed hands as the company’s beta touched 1.22. With the company’s per share price at $1.67 changed hands at $0.03 or 1.52% during last session, the market valuation stood at $87.68M. CDLX’s last price was a discount, traded about -467.66% off its 52-week high of $9.48. The share price had its 52-week low at $1.22, which suggests the last value was 26.95% up since then. When we look at Cardlytics Inc’s average trading volume, we note the 10-day average is 1.32 million shares, with the 3-month average coming to 952.56K.
Analysts gave the Cardlytics Inc (CDLX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.17. If we narrow down to specifics, the data shows that 1 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended CDLX as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.
Cardlytics Inc (NASDAQ:CDLX) trade information
Instantly CDLX was in green as seen at the end of in last trading. With action 1.83%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -79.61%, with the 5-day performance at 1.83% in the green. However, in the 30-day time frame, Cardlytics Inc (NASDAQ:CDLX) is -7.73% down. Looking at the short shares, we see there were 8.02 million shares sold at short interest cover period of 12.92 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 44.33% from its current market value. According to analyst projections, CDLX’s forecast low is 3 with 3 as the target high. To hit the forecast high, the stock’s price needs a -79.64% plunge from its current level, while the stock would need to soar -79.64% 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 -40.23%. The 2025 estimates are for Cardlytics Inc earnings to increase by 68.61%.
CDLX Dividends
Cardlytics Inc is expected to release its next quarterly earnings report on 2025-May-07.
Cardlytics Inc (NASDAQ:CDLX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.70% of Cardlytics Inc shares while 54.93% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 56.45%. There are 54.93% institutions holding the Cardlytics Inc stock share, with CAS INVESTMENT PARTNERS, LLC the top institutional holder. As of 2024-06-30, the company held 13.1785% of the shares, roughly 6.46 million CDLX shares worth $53.08 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.4248% or 3.15 million shares worth $25.88 million as of 2024-06-30.
