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Nerdy (NRDY)
NYSE:NRDY
Holding NRDY?
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NRDY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.73 - $3.60
Previous Close$0.91
Volume1.57M
Average Volume (3M)2.51M
Market Cap
$159.60M
Enterprise Value$120.14M
Total Cash (Recent Filing)$69.84M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.25
Next Earnings
Nov 07, 2024EPS Estimate
-$0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.33
Shares Outstanding178,046,305
10 Day Avg. Volume1,316,540
30 Day Avg. Volume2,511,766
Standard Deviation0.22
R-Squared0.13
Alpha-0.05
Financial Highlights & Ratios
Price to Book (P/B)3.03
Price to Sales (P/S)0.81
Price to Cash Flow (P/CF)-7.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.60
Enterprise Value/Gross Profit0.88
Enterprise Value/Ebitda-3.75
Forecast
1Y Price Target
$2.58Price Target Upside193.18% Upside
Rating ConsensusHold
Number of Analyst Covering8
Nerdy News
PremiumCompany Announcements
Nerdy Q3 2024: Revenue Decline Amid Strategic GrowthBulls Say, Bears Say
Bulls Say
Market PositioningNRDY’s platform-based approach leaves the company well positioned in a fragmented market.
Revenue GrowthInstitutional revenue grew 33% y/y, with 56 new contracts yielding $4M of bookings.
User ExpansionNRDY onboarded an additional 1.1m students in 125 new school districts, bringing the total to 3.3m students in 600 districts.
Bears Say
Consumer Segment ChallengesNerdy faced a strategic misstep in the consumer segment, leading to stronger than expected cancellations during the summer, and resulting in a 1.4% decline in consumer revenue, marking the first negative growth in this segment since 2022.
Financial PerformanceNerdy significantly lowered its 2024 outlook with adjusted EBITDA now expected to result in a loss between $19 million to $21 million, reflecting lower growth expectations and ongoing product investments.
Revenue GuidanceThe company's revenue guidance for the full fiscal year was reduced by approximately $39 million, representing a 16% decline at the midpoint, signaling challenges in meeting growth targets.
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Ownership Overview
57.26% Insiders
8.43% Mutual Funds
1.75% Other Institutional Investors
25.47% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NRDY FAQ
What was Nerdy’s price range in the past 12 months?
Nerdy lowest stock price was $0.73 and its highest was $3.60 in the past 12 months.
What is Nerdy’s market cap?
Currently, no data Available
When is Nerdy’s upcoming earnings report date?
Nerdy’s upcoming earnings report date is Nov 07, 2024 which is 2 days ago.
How were Nerdy’s earnings last quarter?
Nerdy released its earnings results on Aug 08, 2024. The company reported -$0.025 earnings per share for the quarter, beating the consensus estimate of -$0.026 by <$0.001.
Is Nerdy overvalued?
According to Wall Street analysts Nerdy’s price is currently Undervalued.
Does Nerdy pay dividends?
Nerdy does not currently pay dividends.
What is Nerdy’s EPS estimate?
Nerdy’s EPS estimate is -$0.15.
How many shares outstanding does Nerdy have?
Nerdy has 112,608,850 shares outstanding.
What happened to Nerdy’s price movement after its last earnings report?
Nerdy reported an EPS of -$0.025 in its last earnings report, beating expectations of -$0.026. Following the earnings report the stock price went down -48.428%.
Which hedge fund is a major shareholder of Nerdy?
Among the largest hedge funds holding Nerdy’s share is Greenvale Capital LLP. It holds Nerdy’s shares valued at 15M.
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Nerdy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$2.58 (193.18% Upside)
$2.58 (193.18% Upside)
Blogger Sentiment
Bullish
NRDY Sentiment 90%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 450.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $12.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 1.4%
Last 30 Days ▼ 4.0%
Last 30 Days ▼ 4.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-70.98%
12-Months-Change
Fundamentals
Return on Equity
-75.83%
Trailing 12-Months
Asset Growth
-10.37%
Trailing 12-Months
Company Description
Nerdy
Nerdy operates as a platform offering live online learning. The company’s proprietary platform leverages technology like artificial intelligence to connect learners, including students, users, parents, and purchasers of all age groups, to experts that include subject matter experts, tutors, instructors, and educators.
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NRDY Earnings Call
Q2 2024
0:00 / 0:00
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NRDY Stock 12 Month Forecast
Average Price Target
$2.58
▲(193.18% Upside)
Technical Analysis
Best Analysts Covering NRDY
1 Year
1 Year Success Rate
5/14 ratings generated profit
1 Year Average Return
-23.22%
reiterated a buy rating 3 months ago
Copying Andrew Boone's trades and holding each position for 1 Year would result in 35.71% of your transactions generating a profit, with an average return of -23.22% per trade.
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