MediaAlpha (MAX) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $17.46 to $17.96
• 50-Day Range: $12.70 to $18.06
• 52-Week Range: $7.62 to $25.78
• Volume: 468,764 shs
• Average Volume: 571,644 shs
• Market Capitalization: $1.15 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $24.29
• Consensus Rating: Moderate Buy

MediaAlpha Stock Analysis - MarketRank™

MediaAlpha scored higher than 74% of companies evaluated by MarketBeat, and ranked 125th out of 353 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

MediaAlpha has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

MediaAlpha has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 71.43%

Earnings Growth

Earnings for MediaAlpha are expected to grow by 71.43% in the coming year, from $0.35 to $0.60 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MediaAlpha is -25.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of MediaAlpha is -25.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.43% of the float of MediaAlpha has been sold short.

Short Interest Ratio / Days to Cover

MediaAlpha has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MediaAlpha has recently decreased by 3.37%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

MediaAlpha does not currently pay a dividend.

Dividend Growth

MediaAlpha does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.43% of the float of MediaAlpha has been sold short.

Short Interest Ratio / Days to Cover

MediaAlpha has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MediaAlpha has recently decreased by 3.37%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.83

News Sentiment

MediaAlpha has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for MediaAlpha this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for MAX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added MediaAlpha to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, MediaAlpha insiders have not sold or bought any company stock.

Percentage Held by Insiders

11.53% of the stock of MediaAlpha is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

64.39% of the stock of MediaAlpha is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MAX Stock Analysis - Frequently Asked Questions

How have MAX shares performed this year?

MediaAlpha's stock was trading at $11.15 at the start of the year. Since then, MAX shares have increased by 56.9% and is now trading at $17.49.
View the best growth stocks for 2024 here.

How were MediaAlpha's earnings last quarter?

MediaAlpha, Inc. (NYSE:MAX) released its quarterly earnings data on Wednesday, July, 31st. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.02 by $0.05. MediaAlpha's quarterly revenue was up 110.3% on a year-over-year basis.

When did MediaAlpha IPO?

MediaAlpha (MAX) raised $177 million in an initial public offering on Wednesday, October 28th 2020. The company issued 9,300,000 shares at $18.00-$20.00 per share. J.P. Morgan, Citigroup, Credit Suisse, RBC Capital Markets, Canaccord Genuity and William Blair acted as the underwriters for the IPO and MUFG was co-manager.

Who are MediaAlpha's major shareholders?

MediaAlpha's top institutional shareholders include White Mountains Insurance Group Ltd. (27.12%), Kayne Anderson Rudnick Investment Management LLC (7.11%), Driehaus Capital Management LLC (2.18%) and Divisadero Street Capital Management LP (0.92%). Insiders that own company stock include Mountains Insurance Grou White, Steven Yi, Patrick Ryan Thompson, Serge Topjian, Insignia Capital Partners Gp,, Jeff Sweetser, Keith Cramer, Tigran Sinanyan and Brian Mikalis.
View institutional ownership trends.

How do I buy shares of MediaAlpha?

Shares of MAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 7/31/2024
• Today: 9/18/2024
• Next Earnings (Estimated): 11/06/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Business services, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NYSE:MAX
• CUSIP: N/A
• CIK: 1818383
• Web: www.mediaalpha.com
• Phone: 213-316-6256
• Fax: N/A
• Employees: 160
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $24.29
• High Stock Price Target: $30.00
• Low Stock Price Target: $13.00
• Potential Upside/Downside: +35.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.68)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 51.09
• P/E Growth: N/A
• Net Income: $-40,420,000.00
• Net Margins: -2.69%
• Pretax Margin: -3.95%
• Return on Equity: N/A
• Return on Assets: -8.37%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.10
• Quick Ratio: 1.10

Sales & Book Value

• Annual Sales: $496.67 million
• Price / Sales: 2.37
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($1.44) per share
• Price / Book: -12.42

Miscellaneous

• Outstanding Shares: 65,843,000
• Free Float: 58,251,000
• Market Cap: $1.18 billion
• Optionable: Not Optionable
• Beta: 1.22