What Are The Chances Of GoodRx Holdings Inc (NASDAQ: GDRX) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that The GoodRx Effect: Delivering a Transformative Impact on the U.S. Healthcare System through Prescription Savings.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NASDAQ listed company, GDRX falls under the Healthcare sector while operating within the Health Information Services industry segment. The current market capitalization of GoodRx Holdings Inc is $2.56B. A total of 2.69 million shares were traded on the day, compared to an average of 1.76M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, GDRX has seen 7 BUY and 3 SELL insider trades, representing the acquisition of 7,855,693 and the disposition of 72,224 shares. Over the last 12 months, there were 29 BUYs and 19 SELLs from insiders. Insiders purchased 9,065,405 shares during that period but sold 308,678.

In the most recent transaction, Wagner Scott bought 21,652 shares of GDRX for 5.76 per share on Nov 30. After the transaction, the insider now owns 182,900 company shares. In a previous transaction on Nov 29, Wagner Scott bought 26,348 shares at 5.90 per share. GDRX shares that the insider owns now total 161,248.

Among the insiders who bought shares, Wagner Scott acquired of 4,157 shares on Nov 28 at a per-share price of $6.00. This resulted in the insider holding 134,900 shares of GDRX after the transaction. In another insider transaction, Wagner Scott bought 26,664 shares at $5.26 per share on Nov 17. Company shares held by the insider now total 130,743.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, GDRX has a high of $9.37 and a low of $4.14.

As of this writing, GDRX has an earnings estimate of $0.07 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $0.1 per share and a lower estimate of $0.01. The company reported an EPS of $0.07 in the last quarter, which was 16.70% higher than expectations of $0.06.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. GDRX’s latest balance sheet shows that the firm has $941.11M in Cash & Short Term Investments as of fiscal 2021. There were $702.33M in debt and $81.11M in liabilities at the time. Its Book Value Per Share was $2.21, while its Total Shareholder’s Equity was $831.68M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GDRX is Buy with a score of 3.53.

Most Popular

Related Posts