Nerdy (NRDY) Stock Price, News & Analysis

Company Overview

Nerdy, Inc. operates platform for live online learning. The company's purpose-built proprietary platform leverages technology, including artificial intelligence to connect students, users, parents, guardians, and purchasers of various ages to tutors, instructors, subject matter experts, educators, and other professionals, delivering value on both sides of the network. Its learning destination provides learning experiences across various subjects and multiple formats, including one-on-one instruction, small group tutoring, large format classes, tutor chat, essay review, adaptive assessment, and self-study tools. The company's flagship business, Varsity Tutors, operates platforms for live online tutoring and classes. Its solutions are available directly to learners, as well as through education systems. The company was founded in 2007 and is headquartered in Saint Louis, Missouri.

Key Stats

• Today's Range: $1.13 to $1.28
• 50-Day Range: $0.82 to $1.26
• 52-Week Range: $0.73 to $3.60
• Volume: 2.52 million shs
• Average Volume: 2.07 million shs
• Market Capitalization: $227.28 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.86
• Consensus Rating: Hold

Nerdy Stock Analysis - MarketRank™

Nerdy scored higher than 81% of companies evaluated by MarketBeat, and ranked 75th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.0 / 5
• Analyst Rating: Hold

Consensus Rating

Nerdy has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 9 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Nerdy has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

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

Earnings Growth

Earnings for Nerdy are expected to grow in the coming year, from ($0.46) to ($0.40) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Nerdy is -3.71, 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 Nerdy is -3.71, 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

Nerdy has a P/B Ratio of 3.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

11.30% of the float of Nerdy has been sold short.

Short Interest Ratio / Days to Cover

Nerdy 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 Nerdy has recently decreased by 13.11%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

Nerdy does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Percentage of Shares Shorted

11.30% of the float of Nerdy has been sold short.

Short Interest Ratio / Days to Cover

Nerdy 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 Nerdy has recently decreased by 13.11%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.91

News Sentiment

Nerdy has a news sentiment score of 0.91. 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 0.63 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Nerdy this week, compared to 4 articles on an average week.

Search Interest

5 people have searched for NRDY on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.

MarketBeat Follows

13 people have added Nerdy to their MarketBeat watchlist in the last 30 days. This is an increase of 1,200% 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, Nerdy insiders have bought 8,028.81% more of their company's stock than they have sold. Specifically, they have bought $8,510,782.00 in company stock and sold $104,699.00 in company stock.

Percentage Held by Insiders

31.35% of the stock of Nerdy is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 39.10% of the stock of Nerdy is held by institutions.

NRDY Stock Analysis - Frequently Asked Questions

How have NRDY shares performed this year?

Nerdy's stock was trading at $3.43 at the beginning of the year. Since then, NRDY shares have decreased by 63.3% and is now trading at $1.26.
View the best growth stocks for 2024 here.

How were Nerdy's earnings last quarter?

Nerdy, Inc. (NYSE:NRDY) released its quarterly earnings data on Thursday, August, 8th. The company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.04. The firm had revenue of $50.98 million for the quarter, compared to the consensus estimate of $51.14 million. Nerdy had a negative trailing twelve-month return on equity of 47.45% and a negative net margin of 19.31%.

Who are Nerdy's major shareholders?

Top institutional shareholders of Nerdy include Geode Capital Management LLC (0.97%), State Street Corp (0.70%), Ritholtz Wealth Management (0.50%) and Clearline Capital LP (0.35%). Insiders that own company stock include Charles K Cohn, Tpg Gp A, Llc, Light Street Capital Managemen, Jason H Pello, Christopher C Swenson, Heidi Robinson, Abigail Blunt and Gregory Mrva.
View institutional ownership trends.

How do I buy shares of Nerdy?

Shares of NRDY 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 Nerdy own?

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

Company Calendar

• Last Earnings: 8/08/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/25/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Educational services
• Sub-Industry: Personal Services
• Current Symbol: NYSE:NRDY
• CUSIP: N/A
• CIK: 1819404
• Web: www.tpg.com
• Phone: 314-412-1227
• Fax: N/A
• Employees: 700
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.86
• High Stock Price Target: $5.00
• Low Stock Price Target: $1.00
• Potential Upside/Downside: +127.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.34)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-40,170,000.00
• Net Margins: -19.31%
• Pretax Margin: -30.67%
• Return on Equity: -47.45%
• Return on Assets: -32.83%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.18
• Quick Ratio: 2.18

Sales & Book Value

• Annual Sales: $197.33 million
• Price / Sales: 1.15
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.49 per share
• Price / Book: 2.57

Miscellaneous

• Outstanding Shares: 180,378,000
• Free Float: 123,829,000
• Market Cap: $227.28 million
• Optionable: Optionable
• Beta: 1.68