Nerdy Inc Stock Today

NRDY Stock  USD 1.40  0.08  6.06%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 17

 
High
 
Low
Low
Nerdy is trading at 1.40 as of the 25th of November 2024; that is 6.06 percent increase since the beginning of the trading day. The stock's open price was 1.32. Nerdy has less than a 17 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Nerdy Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of December 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
27th of November 2020
Category
Technology
Classification
Information Technology
The companys purpose-built proprietary platform leverages technology, including AI, to connect learners of various ages to experts, delivering value on both sides of the network. The company was founded in 2007 and is headquartered in Saint Louis, Missouri. The company has 115.43 M outstanding shares of which 5.37 M shares are now shorted by private and institutional investors with about 4.93 trading days to cover. More on Nerdy Inc

Moving against Nerdy Stock

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Nerdy Stock Highlights

Chairman, FounderCharles Cohn
Business ConcentrationApplication Software, Software - Application, Information Technology, NYSE Composite, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.521.5504
Fairly Down
Pretty Stable
Gross Profit Margin0.540.7055
Way Down
Pretty Stable
Total Current Liabilities37.4 M35.6 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total3.4 M3.5 M
Notably Down
Slightly volatile
Total Assets121.1 M124.7 M
Fairly Down
Slightly volatile
Total Current Assets91.9 M95 M
Sufficiently Down
Slightly volatile
Debt Levels
Nerdy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nerdy's financial leverage. It provides some insight into what part of Nerdy's total assets is financed by creditors.
Liquidity
Nerdy Inc currently holds 4.67 M in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Nerdy Inc has a current ratio of 3.58, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Nerdy's use of debt, we should always consider it together with its cash and equity.

Depreciation

6.1 Million
Nerdy Inc (NRDY) is traded on New York Stock Exchange in USA. It is located in 8001 Forsyth Boulevard, Saint Louis, MO, United States, 63105 and employs 500 people. Nerdy is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 211.57 M. Nerdy Inc conducts business under Software sector and is part of Information Technology industry. The entity has 115.43 M outstanding shares of which 5.37 M shares are now shorted by private and institutional investors with about 4.93 trading days to cover. Nerdy Inc currently holds about 120.98 M in cash with (7.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.32.
Check Nerdy Probability Of Bankruptcy
Ownership Allocation
Nerdy Inc maintains a total of 115.43 Million outstanding shares. Nerdy Inc holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Nerdy Ownership Details

Nerdy Stock Institutional Holders

InstituionRecorded OnShares
Millennium Management Llc2024-06-30
1.9 M
Geode Capital Management, Llc2024-09-30
1.7 M
State Street Corp2024-06-30
1.2 M
Alpine Investment Management Llc2024-09-30
944.9 K
Comprehensive Portfolio Management, Llc2024-09-30
882.3 K
Nuveen Asset Management, Llc2024-06-30
766.4 K
Clearline Capital Lp2024-09-30
632 K
Northern Trust Corp2024-09-30
610.4 K
Healthcare Of Ontario Pension Plan Trust Fund2024-09-30
600 K
Greenvale Capital Llp2024-06-30
18 M
Tpg Gp A, Llc2024-09-30
10.6 M
View Nerdy Diagnostics

Nerdy Historical Income Statement

At this time, Nerdy's Net Interest Income is fairly stable compared to the past year. Tax Provision is likely to rise to about 85 K in 2024, whereas Depreciation And Amortization is likely to drop slightly above 6.1 M in 2024. View More Fundamentals

Nerdy Stock Against Markets

Nerdy Corporate Management

Brian NelsonVP CommunicationsProfile
Rebecca GrajekVP PeopleProfile
Karthik AnbalaganChief OfficerProfile
Jason BotelHead RelationsProfile
T LynnAssociate CounselProfile
Heidi RobinsonChief OfficerProfile

Additional Tools for Nerdy Stock Analysis

When running Nerdy's price analysis, check to measure Nerdy'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 Nerdy is operating at the current time. Most of Nerdy's value examination focuses on studying past and present price action to predict the probability of Nerdy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nerdy's price. Additionally, you may evaluate how the addition of Nerdy to your portfolios can decrease your overall portfolio volatility.