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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 - $3.91
Previous Close$1.04
Volume2.30M
Average Volume (3M)2.39M
Market Cap
$185.17M
Enterprise Value$145.71M
Total Cash (Recent Filing)$69.84M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta2.27
Next Earnings
Nov 11, 2024EPS Estimate
-$0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.33
Shares Outstanding178,046,305
10 Day Avg. Volume2,641,332
30 Day Avg. Volume2,390,332
Standard Deviation0.22
R-Squared0.13
Alpha-0.05
Financial Highlights & Ratios
Price to Book (P/B)3.62
Price to Sales (P/S)0.93
Price to Cash Flow (P/CF)-7.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.73
Enterprise Value/Gross Profit1.07
Enterprise Value/Ebitda-4.55
Forecast
1Y Price Target
$2.58Price Target Upside145.71% Upside
Rating ConsensusHold
Number of Analyst Covering8
Nerdy News
Bulls Say, Bears Say
Bulls Say
Market PositionNRDY’s platform-based approach leaves the company well positioned in a fragmented market.
Revenue GrowthInstitutional revenue grew 33%, with 56 new contracts yielding $4 million of bookings.
User GrowthNRDY onboarded an additional 1.1 million students in 125 new school districts, bringing the total to 3.3 million students in 600 districts.
Bears Say
GuidanceGuidance was generally soft, with revenue and adj. EBITDA outlook for Q3 coming in well below expectations, and the FY24 guidance for revenue was lowered by ~$39M or 16% at the midpoint, with adj. EBITDA outlook also reduced substantially (by ~$30M).
ProfitabilityWith lower revenue expectations & ongoing product investments, Nerdy does not expect full-year Adj. EBITDA profit until 2025.
Revenue DeclineNerdy reported mixed Q2 results, with revenue slightly below expectations as Active Members grew by ~15% y/y but declined by more than 10K q/q, and ARPM was down roughly 20% y/y amidst a mix shift to lower frequency, non-premium Memberships, driving a ~1% y/y decline in Consumer revenue.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
NRDY FAQ
What was Nerdy’s price range in the past 12 months?
Nerdy lowest stock price was $0.73 and its highest was $3.91 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 11, 2024 which is in 54 days.
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 (145.71% Upside)
$2.58 (145.71% Upside)
Blogger Sentiment
Bullish
NRDY Sentiment 90%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 450.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $13.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-73.19%
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
▲(145.71% Upside)
Technical Analysis
Best Analysts Covering NRDY
1 Year
1 Year Success Rate
5/14 ratings generated profit
1 Year Average Return
-20.68%
reiterated a buy rating last month
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 -20.68% per trade.
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