NYSE:NRDY

Nerdy (NRDY) Stock Price, News & Analysis

$2.16
+0.03 (+1.41%)
(As of 05/13/2024 ET)
Today's Range
$2.07
$2.18
50-Day Range
$2.13
$3.18
52-Week Range
$1.92
$5.37
Volume
2.57 million shs
Average Volume
1.15 million shs
Market Capitalization
$375.21 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
123.2% Upside
$4.82 Price Target
Short Interest
Healthy
5.02% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.36mentions of Nerdy in the last 14 days
Based on 20 Articles This Week
Insider Trading
Acquiring Shares
$629,314 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.33) to ($0.20) 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.

2.85 out of 5 stars

Consumer Discretionary Sector

173rd out of 269 stocks

Educational Services Industry

15th 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

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 (NRDY) Scheduled to Post Earnings on Tuesday
Nerdy to Participate in Needham Conference
Nerdy, Inc. (NRDY)
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/13/2024
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
+122.2%
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
$376.95 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 year. 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 brokers have issued 12-month target prices for Nerdy's stock. Their NRDY share price targets range from $3.75 to $6.00. On average, they predict the company's stock price to reach $4.82 in the next twelve months. This suggests a possible upside of 123.2% 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 at the beginning of the year. Since then, NRDY shares have decreased by 37.0% and is now trading at $2.16.
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) released its earnings results on Tuesday, May, 7th. The company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.04. The business earned $53.73 million during the quarter, compared to the consensus estimate of $52.20 million. Nerdy had a negative trailing twelve-month return on equity of 41.24% and a negative net margin of 14.49%. Nerdy's revenue was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.12) earnings per share.

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 earnings per share 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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (1.79%), ACR Alpine Capital Research LLC (0.55%) and GSA Capital Partners LLP (0.10%). 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 5/13/2024 by MarketBeat.com Staff

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