NerdWallet PT Lowered to 18.00 at KeyCorp
NRDS Stock | USD 14.23 0.36 2.60% |
Slightly above 53% of Nerdwallet's investor base is interested to short. The analysis of the overall prospects from investing in Nerdwallet suggests that many traders are, at the present time, impartial. Nerdwallet's investing sentiment can be driven by a variety of factors including economic data, Nerdwallet's earnings reports, geopolitical events, and overall market trends.
Nerdwallet |
NerdWallet had its price objective decreased by KeyCorp from 20.00 to 18.00 in a research note released on Tuesday, Benzinga reports. KeyCorp currently has an overweight rating on the stock. Several other equities research analysts have also recently weighed in on the company. Citigroup dropped their price objective on NerdWallet from
Read at thelincolnianonline.com
Nerdwallet Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Nerdwallet 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.
Nerdwallet Fundamental Analysis
We analyze Nerdwallet's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nerdwallet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nerdwallet 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 Ratio
Current Ratio Comparative Analysis
Nerdwallet is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Nerdwallet 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 Nerdwallet stock to make a market-neutral strategy. Peer analysis of Nerdwallet could also be used in its relative valuation, which is a method of valuing Nerdwallet by comparing valuation metrics with similar companies.
Peers
Nerdwallet Related Equities
OPRT | Oportun Financial | 5.90 | ||||
FCFS | FirstCash | 1.47 | ||||
ATLCP | Atlanticus Holdings | 1.01 | ||||
EZPW | EZCORP | 0.88 | ||||
LPRO | Open Lending | 0.63 | ||||
NAVI | Navient Corp | 0.46 | ||||
IX | Orix Corp | 0.06 | ||||
MFIN | Medallion Financial | 0.42 | ||||
ENVA | Enova International | 0.79 | ||||
SLM | SLM Corp | 0.80 |
Additional Tools for Nerdwallet Stock Analysis
When running Nerdwallet's price analysis, check to measure Nerdwallet'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 Nerdwallet is operating at the current time. Most of Nerdwallet's value examination focuses on studying past and present price action to predict the probability of Nerdwallet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nerdwallet's price. Additionally, you may evaluate how the addition of Nerdwallet to your portfolios can decrease your overall portfolio volatility.