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SurgePays (SURG)
NASDAQ:SURG
SURG Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.05 - $4.61
Previous CloseN/A
Volume100.54K
Average Volume (3M)89.30K
Market Cap
$27.02M
Enterprise Value$17.11M
Total Cash (Recent Filing)$1.60M
Total Debt (Recent Filing)$8.42M
Price to Earnings (P/E)―
Beta1.64
Next Earnings
Mar 25, 2025EPS Estimate
-0.25Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.11
Shares Outstanding20,161,547
10 Day Avg. Volume63,421
30 Day Avg. Volume89,300
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.32
Price to Cash Flow (P/CF)-0.50
P/FCF Ratio0.00
Enterprise Value/Market Cap0.63
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit0.48
Enterprise Value/Ebitda-0.83
Forecast
1Y Price Target
$8.50Price Target Upside534.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering0
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SurgePays News
PremiumCompany Announcements
SurgePays, Inc. Faces Challenges Amid Revenue Decline
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Bulls Say, Bears Say
Bulls Say
Market OpportunityThere are ~100 million adults in the U.S. that are underbanked, representing a significant market opportunity for SurgePays’s products.
Strategic PartnershipsThe company recently signed a major agreement with AT&T to offer a full range of mobile wireless, voice, data, and messaging services on the nation's largest wireless network.
ValuationSurgePays stock is trading below cash value, which is very low compared to any fintech, retail, or consumer company.
Bears Say
Financial PerformanceSURG reported a 3Q24 results with a net loss of ($0.73)/share as the Affordable Connectivity Program (ACP) expired in mid-May 2024.
Program TerminationACP was the source of 97% of SURG's gross profit in 2023, so no re-funding creates a huge revenue 'hole.'
Revenue LossSURG voluntarily continued to provide wireless services to its 280K ex-ACP customers even though it was receiving no ACP revenue.
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Ownership Overview
30.12% Insiders
3.69% Mutual Funds
3.72% Other Institutional Investors
59.47% 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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SURG FAQ
What was SurgePays’s price range in the past 12 months?
SurgePays lowest stock price was $1.05 and its highest was $4.61 in the past 12 months.
What is SurgePays’s market cap?
SurgePays’s market cap is $27.02M.
When is SurgePays’s upcoming earnings report date?
SurgePays’s upcoming earnings report date is Mar 25, 2025 which is today.
How were SurgePays’s earnings last quarter?
SurgePays released its earnings results on Nov 12, 2024. The company reported -$0.73 earnings per share for the quarter, missing the consensus estimate of -$0.267 by -$0.463.
Is SurgePays overvalued?
According to Wall Street analysts SurgePays’s price is currently Undervalued.
Does SurgePays pay dividends?
SurgePays does not currently pay dividends.
What is SurgePays’s EPS estimate?
SurgePays’s EPS estimate is -0.25.
How many shares outstanding does SurgePays have?
SurgePays has 20,161,547 shares outstanding.
What happened to SurgePays’s price movement after its last earnings report?
SurgePays reported an EPS of -$0.73 in its last earnings report, missing expectations of -$0.267. Following the earnings report the stock price went up 0.588%.
Which hedge fund is a major shareholder of SurgePays?
Currently, no hedge funds are holding shares in SURG
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SurgePays Stock Smart Score
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$8.50 (534.33% Upside)
$8.50 (534.33% Upside)
Blogger Sentiment
Bullish
SURG Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 18.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $132.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 10.3%
Last 30 Days ▼ 10.3%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-67.31%
12-Months-Change
Fundamentals
Return on Equity
-80.54%
Trailing 12-Months
Asset Growth
-4.02%
Trailing 12-Months
Company Description
SurgePays
SurgePays, Inc., a financial technology and telecommunications company, provides services to the underbanked community in the United States. Its blockchain platform utilizes a suite of financial and prepaid products to convert corner stores and bodegas into tech-hubs for underbanked neighborhoods. The company offers voice and SMS text messaging services to subsidized and direct retail prepaid customers, as well as to low-income consumers. It also offers subsidized mobile broadband services to consumers in California, Colorado, Florida, Illinois, Maryland, Mississippi, Missouri, Nevada, New Jersey, Ohio, Oklahoma, Rhode Island, Tennessee, and Texas, as well as prepaid wireless plans. In addition, the company provides marketing business intelligence, plaintiff generation, and case load management solutions primarily to law firms in the mass tort industry. Further, it operates a bilingual operations center offering the Company with sales support, customer service, IT infrastructure design, graphic media, database programming, software development, revenue assurance, lead generation, and other various operational support services. The company is headquartered in Bartlett, Tennessee.
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SURG Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
Despite significant revenue decline and increased losses due to the end of ACP funding, SurgePays is strategically transitioning to Lifeline and other growth initiatives, showing potential for future growth.Read More>---
SURG Stock 12 Month Forecast
Average Price Target
$8.50
▲(534.33% Upside)
Technical Analysis
Clearfield
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Schmitt Industries
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TTM Technologies
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Arcadia Biosciences
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TechPrecision
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Best Analysts Covering SURG
1 Year
1 Year Success Rate
4/12 ratings generated profit
1 Year Average Return
-14.32%
reiterated a buy rating 3 months ago
Copying Edward Woo's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -14.32% per trade.
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