NerdWallet, Inc. Receives Average Recommendation of Moderate Buy from Analysts
NRDS Stock | USD 13.75 0.22 1.57% |
Slightly above 69% of Nerdwallet's investor base is looking to short. The analysis of the overall prospects from investing in Nerdwallet suggests that many traders are, at the present time, alarmed. 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, Inc. has been assigned a consensus recommendation of Moderate Buy from the six brokerages that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective
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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 Liabilities
Current Liabilities Comparative Analysis
Nerdwallet is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
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
SLM | SLM Corp | 9.13 | ||||
OPRT | Oportun Financial | 4.29 | ||||
EZPW | EZCORP | 4.22 | ||||
NAVI | Navient Corp | 2.95 | ||||
ENVA | Enova International | 2.67 | ||||
LPRO | Open Lending | 1.73 | ||||
FCFS | FirstCash | 1.39 | ||||
MFIN | Medallion Financial | 0.10 | ||||
IX | Orix Corp | 0.19 | ||||
ATLCP | Atlanticus Holdings | 0.50 |
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.