MediaAlpha (NYSE:MAX - Get Free Report) issued its quarterly earnings data on Monday. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.16), Zacks reports. The business had revenue of $300.65 million for the quarter, compared to analysts' expectations of $289.38 million. MediaAlpha had a negative return on equity of 11.98% and a net margin of 1.41%. MediaAlpha updated its Q1 2025 guidance to EPS.
MediaAlpha Stock Performance
MediaAlpha stock traded up $0.33 during trading on Thursday, reaching $9.38. The company had a trading volume of 479,198 shares, compared to its average volume of 467,043. MediaAlpha has a 12-month low of $8.65 and a 12-month high of $25.78. The stock's 50 day moving average price is $11.45 and its two-hundred day moving average price is $14.28. The firm has a market capitalization of $624.98 million, a price-to-earnings ratio of 55.15 and a beta of 1.12.
Analyst Upgrades and Downgrades
MAX has been the topic of several analyst reports. Keefe, Bruyette & Woods lowered their target price on shares of MediaAlpha from $22.00 to $19.00 and set an "outperform" rating on the stock in a report on Tuesday. The Goldman Sachs Group reduced their price objective on shares of MediaAlpha from $23.00 to $14.00 and set a "buy" rating for the company in a research note on Tuesday. Canaccord Genuity Group cut their target price on shares of MediaAlpha from $30.00 to $26.00 and set a "buy" rating for the company in a research report on Monday. JPMorgan Chase & Co. cut their target price on shares of MediaAlpha from $15.00 to $13.00 and set an "overweight" rating for the company in a research report on Tuesday. Finally, Royal Bank of Canada restated an "outperform" rating and set a $20.00 target price on shares of MediaAlpha in a research report on Tuesday. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $17.50.
View Our Latest Stock Report on MediaAlpha
About MediaAlpha
(
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MediaAlpha, Inc, through its subsidiaries, operates an insurance customer acquisition platform in the United States. It optimizes customer acquisition in various verticals of property and casualty insurance, health insurance, and life insurance. The company was founded in 2014 and is headquartered in Los Angeles, California.
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