NerdWallet (NRDS) Stock Price, News & Analysis

Company Overview

NerdWallet, Inc. operates a digital platform that provides consumer-driven advice about personal finance by connecting individuals and small and mid-sized businesses with financial products providers in the United States, the United Kingdom, Australia, and Canada. Its platform offers guidance to consumers through educational content, tools and calculators, and product marketplaces, as well as through NerdWallet app for various financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing, and student loans. The company was founded in 2009 and is based in San Francisco, California.

Key Stats

• Today's Range: $12.84 to $13.19
• 50-Day Range: $10.99 to $16.00
• 52-Week Range: $10.10 to $17.30
• Volume: 189,100 shs
• Average Volume: 461,979 shs
• Market Capitalization: $966.46 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $17.00
• Consensus Rating: Moderate Buy

NerdWallet Stock Analysis - MarketRank™

NerdWallet scored higher than 50% of companies evaluated by MarketBeat, and ranked 632nd out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

NerdWallet has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for NerdWallet are expected to grow in the coming year, from ($0.11) to $0.36 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NerdWallet is -91.71, 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 NerdWallet is -91.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

NerdWallet has a P/B Ratio of 2.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.36% of the float of NerdWallet has been sold short.

Short Interest Ratio / Days to Cover

NerdWallet has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NerdWallet has recently increased by 1.22%, indicating that investor sentiment is decreasing.

Dividend

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

Dividend Yield

NerdWallet does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Percentage of Shares Shorted

7.36% of the float of NerdWallet has been sold short.

Short Interest Ratio / Days to Cover

NerdWallet has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NerdWallet has recently increased by 1.22%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.16

News Sentiment

NerdWallet has a news sentiment score of 0.16. 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 lower news sentiment than the 0.67 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for NerdWallet this week, compared to 3 articles on an average week.

Search Interest

Only 4 people have searched for NRDS on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, NerdWallet insiders have bought 4.04% more of their company's stock than they have sold. Specifically, they have bought $5,275,974.00 in company stock and sold $5,070,916.00 in company stock.

Percentage Held by Insiders

45.93% of the stock of NerdWallet is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 38.81% of the stock of NerdWallet is held by institutions.

NRDS Stock Analysis - Frequently Asked Questions

How have NRDS shares performed this year?

NerdWallet's stock was trading at $14.72 at the beginning of 2024. Since then, NRDS stock has decreased by 12.8% and is now trading at $12.84.
View the best growth stocks for 2024 here.

How were NerdWallet's earnings last quarter?

NerdWallet, Inc. (NASDAQ:NRDS) released its earnings results on Tuesday, October, 29th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.06. The company's revenue for the quarter was up 25.2% on a year-over-year basis.

When did NerdWallet IPO?

NerdWallet (NRDS) raised $131 million in an initial public offering (IPO) on Thursday, November 4th 2021. The company issued 7,300,000 shares at $17.00-$19.00 per share. Morgan Stanley, KeyBanc Capital Markets, BofA SecuritiesBarclays Capital and Citigroup served as the underwriters for the IPO and Truist Securities,, William Blair and Oppenheimer were co-managers.

Who are NerdWallet's major shareholders?

Top institutional investors of NerdWallet include FMR LLC (1.81%), Geode Capital Management LLC (1.26%), State Street Corp (1.09%) and Basswood Capital Management L.L.C. (0.69%). Insiders that own company stock include Topline Capital Partners, Lp, Topline Capital Management, Ll, Tim Chao-Ming Chen, Samuel Yount, Lauren Stclair, Kevin Yuann, Kelly Gillease and Maurice Kevin Taylor.
View institutional ownership trends.

How do I buy shares of NerdWallet?

Shares of NRDS 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.

What other stocks do shareholders of NerdWallet own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NerdWallet investors own include American Water Works (AWK), The RMR Group (RMR), Waste Connections (WCN), AUO (AUOTY), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 10/29/2024
• Today: 12/24/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Data processing & preparation
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:NRDS
• CUSIP: N/A
• CIK: 1625278
• Web: www.nerdwallet.com
• Phone: 415-549-8913
• Fax: N/A
• Employees: 770
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $17.00
• High Stock Price Target: $20.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +32.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.14)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-11,800,000.00
• Net Margins: -1.65%
• Pretax Margin: 1.51%
• Return on Equity: -2.90%
• Return on Assets: -2.45%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.91
• Quick Ratio: 2.91

Sales & Book Value

• Annual Sales: $637.50 million
• Price / Sales: 1.48
• Cash Flow: $0.46 per share
• Price / Cash Flow: 28.20
• Book Value: $4.77 per share
• Price / Book: 2.69

Miscellaneous

• Outstanding Shares: 73,439,000
• Free Float: 39,708,000
• Market Cap: $942.96 million
• Optionable: Optionable
• Beta: 1.31