Marchex Inc Q3 2024 Earnings Call Highlights Navigating Challenges with Strategic ...
| MCHX Stock | USD 1.70 0.03 1.80% |
Slightly above 70 percent of all Marchex's investors are curious in acquiring. The current sentiment regarding investing in Marchex stock implies that a large number of traders are confidant. Marchex's investing sentiment can be driven by a variety of factors including economic data, Marchex's earnings reports, geopolitical events, and overall market trends.
Marchex |
Revenue 12.6 million for Q3 2024, compared to 12.8 million in Q3 2023 and 12.1 million in Q2 2024.Operating Expenses 12.8 million for Q3 2024, down from
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Marchex Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Marchex can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Marchex Fundamental Analysis
We analyze Marchex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Marchex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Marchex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
Marchex is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Marchex Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Marchex stock to make a market-neutral strategy. Peer analysis of Marchex could also be used in its relative valuation, which is a method of valuing Marchex by comparing valuation metrics with similar companies.
Peers
Marchex Related Equities
| EEX | Emerald Expositions | 3.85 | ||||
| CMPR | Cimpress | 3.66 | ||||
| EVC | Entravision Communications | 3.35 | ||||
| QNST | QuinStreet | 3.31 | ||||
| TSQ | Townsquare Media | 1.63 | ||||
| KDOZF | Kidoz | 0.00 | ||||
| DRCT | Direct Digital | 9.85 |
Additional Tools for Marchex Stock Analysis
When running Marchex's price analysis, check to measure Marchex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marchex is operating at the current time. Most of Marchex's value examination focuses on studying past and present price action to predict the probability of Marchex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marchex's price. Additionally, you may evaluate how the addition of Marchex to your portfolios can decrease your overall portfolio volatility.