NYSE:NRDY

Nerdy (NRDY) Stock Price, News & Analysis

$2.04
-0.04 (-1.93%)
(As of 05/17/2024 ET)
Today's Range
$1.98
$2.09
50-Day Range
$2.04
$3.18
52-Week Range
$1.92
$5.37
Volume
2.23 million shs
Average Volume
1.25 million shs
Market Capitalization
$357.55 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.82

Nerdy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
136.9% Upside
$4.82 Price Target
Short Interest
Healthy
5.02% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.29mentions of Nerdy in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$629,314 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.31) to ($0.22) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.82 out of 5 stars

Consumer Discretionary Sector

165th out of 267 stocks

Educational Services Industry

14th out of 22 stocks

NRDY stock logo

About Nerdy Stock (NYSE:NRDY)

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.

NRDY Stock Price History

NRDY Stock News Headlines

3 Explosive Penny Stocks to Buy for 10X Returns in 2 Years
Nerdy (NYSE:NRDY) Rating Reiterated by Needham & Company LLC
Cracking The Code: Understanding Analyst Reviews For Nerdy
Nerdy to Participate in J.P. Morgan Conference
Northland Securities Keeps Their Buy Rating on Nerdy (NRDY)
Nerdy to Participate in Needham Conference
Nerdy, Inc. (NRDY)
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/17/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Educational services
Sub-Industry
N/A
Fax
N/A
Employees
500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.82
High Stock Price Target
$6.00
Low Stock Price Target
$3.75
Potential Upside/Downside
+136.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-40,170,000.00
Pretax Margin
-23.91%

Debt

Sales & Book Value

Annual Sales
$193.40 million
Book Value
$0.49 per share

Miscellaneous

Free Float
119,255,000
Market Cap
$353.50 million
Optionable
Optionable
Beta
1.90
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NRDY Stock Analysis - Frequently Asked Questions

Should I buy or sell Nerdy stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nerdy in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NRDY shares.
View NRDY analyst ratings
or view top-rated stocks.

What is Nerdy's stock price target for 2024?

6 brokerages have issued 1 year price targets for Nerdy's stock. Their NRDY share price targets range from $3.75 to $6.00. On average, they predict the company's share price to reach $4.82 in the next twelve months. This suggests a possible upside of 136.9% from the stock's current price.
View analysts price targets for NRDY
or view top-rated stocks among Wall Street analysts.

How have NRDY shares performed in 2024?

Nerdy's stock was trading at $3.43 on January 1st, 2024. Since then, NRDY shares have decreased by 40.7% and is now trading at $2.0350.
View the best growth stocks for 2024 here
.

When is Nerdy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our NRDY earnings forecast
.

How were Nerdy's earnings last quarter?

Nerdy, Inc. (NYSE:NRDY) posted its earnings results on Tuesday, May, 7th. The company reported ($0.07) earnings per share for the quarter, beating analysts' consensus estimates of ($0.11) by $0.04. The firm earned $53.73 million during the quarter, compared to analysts' expectations of $52.20 million. Nerdy had a negative net margin of 14.49% and a negative trailing twelve-month return on equity of 41.24%. Nerdy's revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the firm posted ($0.12) EPS.

What ETF holds Nerdy's stock?

Global X Education ETF holds 4,358 shares of NRDY stock, representing 0.68% of its portfolio.

What guidance has Nerdy issued on next quarter's earnings?

Nerdy updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $50.0 million-$52.0 million, compared to the consensus revenue estimate of $57.4 million.

Who are Nerdy's major shareholders?

Nerdy's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (1.79%), Kent Lake Capital LLC (0.58%), ACR Alpine Capital Research LLC (0.55%), GSA Capital Partners LLP (0.10%) and Bayesian Capital Management LP (0.02%). Insiders that own company stock include Charles K Cohn, Christopher C Swenson, Gregory Mrva, Heidi Robinson, Jason H Pello, Light Street Capital Managemen and Tpg Gp A, Llc.
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.

This page (NYSE:NRDY) was last updated on 5/18/2024 by MarketBeat.com Staff

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