Should I buy or sell Nerdy stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nerdy in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NRDY shares. View NRDY analyst ratings or view top-rated stocks .

What is Nerdy's stock price target for 2024?

6 Wall Street analysts have issued twelve-month target prices for Nerdy's shares. Their NRDY share price targets range from $3.00 to $6.00. On average, they expect the company's share price to reach $4.71 in the next year. This suggests a possible upside of 79.9% from the stock's current price. View analysts price targets for NRDY or view top-rated stocks among Wall Street analysts .

How have NRDY shares performed in 2024?

Nerdy's stock was trading at $3.43 on January 1st, 2024. Since then, NRDY shares have decreased by 23.6% and is now trading at $2.62. View the best growth stocks for 2024 here .

When is Nerdy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our NRDY earnings forecast .

How were Nerdy's earnings last quarter?

Nerdy, Inc. (NYSE:NRDY) announced its quarterly earnings data on Tuesday, February, 27th. The company reported ($0.05) EPS for the quarter, topping analysts' consensus estimates of ($0.11) by $0.06. The firm had revenue of $55.10 million for the quarter, compared to the consensus estimate of $54.77 million. Nerdy had a negative net margin of 20.77% and a negative trailing twelve-month return on equity of 48.96%. The business's revenue was up 31.8% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.13) earnings per share.

What ETF holds Nerdy's stock?

Global X Education ETF holds 4,358 shares of NRDY stock, representing 0.68% of its portfolio.

What guidance has Nerdy issued on next quarter's earnings?

Nerdy updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $51.0 million-$53.0 million, compared to the consensus revenue estimate of $59.8 million.

How do I buy shares of Nerdy?

Shares of NRDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:NRDY

Nerdy (NRDY) Stock Price, News & Analysis

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$2.62

-0.02 (-0.76%)

(As of 04/17/2024 ET)

Compare

Today's Range: $2.59
▼
$2.71
50-Day Range: $2.49
▼
$3.57
52-Week Range: $2.31
▼
$5.37

Volume: 704,565 shs
Average Volume: 1.03 million shs
Market Capitalization: $455.12 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.71

Get Nerdy alerts:

Nerdy MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 79.9% Upside
$4.71 Price Target
Short Interest: Healthy
5.79% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.07
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
$629,314 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.33) to ($0.20) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.62 out of 5 stars

Consumer Discretionary Sector

164th out of 264 stocks

Educational Services Industry

16th out of 22 stocks

3.4

Analyst's Opinion

Consensus Rating
Nerdy has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Nerdy has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
5.79% of the float of Nerdy has been sold short.
Short Interest Ratio / Days to Cover
Nerdy has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Nerdy has recently decreased by 8.65%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Nerdy does not currently pay a dividend.
Dividend Growth
Nerdy does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NRDY.

1.1

News and Social Media Coverage

News Sentiment
Nerdy has a news sentiment score of -0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Nerdy this week, compared to 2 articles on an average week.
Search Interest
Only 12 people have searched for NRDY on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
MarketBeat Follows
Only 10 people have added Nerdy to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Nerdy insiders have bought 61.79% more of their company's stock than they have sold. Specifically, they have bought $629,314.00 in company stock and sold $388,971.00 in company stock.
Percentage Held by Insiders
31.35% of the stock of Nerdy is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 39.10% of the stock of Nerdy is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Nerdy are expected to grow in the coming year, from ($0.33) to ($0.20) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Nerdy is -6.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Nerdy is -6.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Nerdy has a P/B Ratio of 5.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Nerdy Stock (NYSE:NRDY)

Nerdy, Inc. operates platform for live online learning. The company's purpose-built proprietary platform leverages technology, including artificial intelligence to connect students, users, parents, guardians, and purchasers of various ages to tutors, instructors, subject matter experts, educators, and other professionals, delivering value on both sides of the network. Its learning destination provides learning experiences across various subjects and multiple formats, including one-on-one instruction, small group tutoring, large format classes, tutor chat, essay review, adaptive assessment, and self-study tools. The company's flagship business, Varsity Tutors, operates platforms for live online tutoring and classes. Its solutions are available directly to learners, as well as through education systems. The company was founded in 2007 and is headquartered in Saint Louis, Missouri.

NRDY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NRDY Stock News Headlines

March 27, 2024 | insidertrades.com

Nerdy, Inc. (NYSE:NRDY) CFO Jason H. Pello Sells 29,195 Shares

March 21, 2024 | insidertrades.com

Insider Selling: Nerdy, Inc. (NYSE:NRDY) Insider Sells 25,000 Shares of Stock

April 18, 2024 | Darwin (Ad)

Your Next Portfolio Star: Revealing 2024's Top Stock Pick

March 20, 2024 | insidertrades.com

Insider Buying: Nerdy, Inc. (NYSE:NRDY) CEO Acquires 75,000 Shares of Stock

April 16, 2024 | businesswire.com

Dent-Phelps R-III School District Selects Varsity Tutors for Schools to Provide Students With Additional Learning Resources

April 12, 2024 | seekingalpha.com

Nerdy: Pay Attention To Institutional Business And AI-Driven Savings

April 12, 2024 | businesswire.com

Prague High School Selects Varsity Tutors for Schools to Provide Students with Additional Learning Resources

April 11, 2024 | finance.yahoo.com

One Nerdy Insider Raised Their Stake In The Previous Year

April 18, 2024 | Darwin (Ad)

Your Next Portfolio Star: Revealing 2024's Top Stock Pick

April 11, 2024 | businesswire.com

Fredonia-Moccasin Unified School District #6 Selects Varsity Tutors for Schools to Provide Students with Additional Learning Resources

April 10, 2024 | businesswire.com

Marengo County School District Selects Varsity Tutors for Schools to Provide Students with Additional Learning Resources

April 9, 2024 | bizjournals.com

Public firm CEO, already with large ownership stake, buys $1.1M in stock

April 9, 2024 | investorplace.com

3 for $3: Speculative Stocks to Buy on the Cheap

April 9, 2024 | businesswire.com

A+ Charter Schools, Inc. Selects Varsity Tutors for Schools to Provide Students With Additional Learning Resources

April 5, 2024 | businesswire.com

Rossville Consolidated School District Selects Varsity Tutors for Schools to Provide Students with Additional Learning Resources

April 3, 2024 | businesswire.com

FirstLine Schools Choose Varsity Tutors for Schools to Provide Students with Additional Learning Resources

March 29, 2024 | investorplace.com

7 High-Potential Penny Stocks to Buy for Massive ROI

March 28, 2024 | businesswire.com

Fox Lake Grade School District 114 Selects Varsity Tutors for Schools to Provide Students with Additional Learning Resources

March 27, 2024 | businesswire.com

Leading Edge Academy Charter Schools Selects Varsity Tutors for Schools to Provide Students with Additional Learning Resources

March 26, 2024 | finance.yahoo.com

Osage Hills School District 3 Selects Varsity Tutors for Schools to Support Students with Additional Learning Resources

March 22, 2024 | investing.com

Nerdy Inc. chief legal officer sells $74,000 worth of shares

March 20, 2024 | investorplace.com

What Is the Best $10 Stock to Buy in March? 3 Top Picks.

March 20, 2024 | businesswire.com

Hamblen County Schools Selects Varsity Tutors for Schools to Provide Students with Additional Learning Resources

March 15, 2024 | investorplace.com

3 AI Sleeper Stocks That Are About to Wake Up With a Vengence

March 14, 2024 | msn.com

Nerdy And 3 Other Stocks Under $3 Insiders Are Buying

March 8, 2024 | investorplace.com

The Top 7 Under-$10 Stocks to Buy in March 2024

March 6, 2024 | investorplace.com

Turn Pocket Change into Profit: 3 Penny Stocks Ready to Pop

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Discretionary
Industry: Educational services
Sub-Industry: N/A
Current Symbol: NYSE:NRDY
CUSIP: N/A
CIK: 1819404
Web: www.tpg.com
Phone: 314-412-1227
Fax: N/A
Employees: 500
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $4.71
High Stock Price Target: $6.00
Low Stock Price Target: $3.00
Potential Upside/Downside: +79.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.42)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-40,170,000.00
Net Margins: -20.77%
Pretax Margin: -34.93%
Return on Equity: -48.96%
Return on Assets: -28.57%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.67
Quick Ratio: 2.67

Sales & Book Value

Annual Sales: $193.40 million
Price / Sales: 2.35
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.49 per share
Price / Book: 5.35

Miscellaneous

Outstanding Shares: 173,715,000
Free Float: 119,255,000
Market Cap: $455.13 million
Optionable: Optionable
Beta: 1.90

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Key Executives

Mr. Charles Cohn (Age 37)
Founder, Chairman, President & CEO
Comp: $1
Mr. Jason H. Pello (Age 44)
Chief Financial Officer
Comp: $435k
Mr. Julian Merschen
Chief Technology Officer
Mr. Christopher C. Swenson (Age 53)
Chief Legal Officer & Corporate Secretary
Ms. Rian Schilligo
Chief People Officer
Mr. Adam Weber
Chief Customer Officer
Mr. Dan Lee
Chief Analytics Officer
Mr. Karthik Anbalagan
Chief Audience Officer
Mr. Anthony Salcito
Chief Institution Business Officer
Mr. Jason Botel
Head of Government Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NRDY Stock Analysis - Frequently Asked Questions

Should I buy or sell Nerdy stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nerdy in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NRDY shares.
View NRDY analyst ratings or view top-rated stocks.
What is Nerdy's stock price target for 2024?: 6 Wall Street analysts have issued twelve-month target prices for Nerdy's shares. Their NRDY share price targets range from $3.00 to $6.00. On average, they expect the company's share price to reach $4.71 in the next year. This suggests a possible upside of 79.9% from the stock's current price.
View analysts price targets for NRDY or view top-rated stocks among Wall Street analysts.
How have NRDY shares performed in 2024?: Nerdy's stock was trading at $3.43 on January 1st, 2024. Since then, NRDY shares have decreased by 23.6% and is now trading at $2.62.
View the best growth stocks for 2024 here.
When is Nerdy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our NRDY earnings forecast.

How were Nerdy's earnings last quarter?: Nerdy, Inc. (NYSE:NRDY) announced its quarterly earnings data on Tuesday, February, 27th. The company reported ($0.05) EPS for the quarter, topping analysts' consensus estimates of ($0.11) by $0.06. The firm had revenue of $55.10 million for the quarter, compared to the consensus estimate of $54.77 million. Nerdy had a negative net margin of 20.77% and a negative trailing twelve-month return on equity of 48.96%. The business's revenue was up 31.8% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.13) earnings per share.
What ETF holds Nerdy's stock?: Global X Education ETF holds 4,358 shares of NRDY stock, representing 0.68% of its portfolio.
What guidance has Nerdy issued on next quarter's earnings?: Nerdy updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $51.0 million-$53.0 million, compared to the consensus revenue estimate of $59.8 million.
How do I buy shares of Nerdy?: Shares of NRDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NRDY) was last updated on 4/18/2024 by MarketBeat.com Staff

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Nerdy (NRDY) Stock Price, News & Analysis

Nerdy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Nerdy Stock (NYSE:NRDY)

NRDY Stock Price History

NRDY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

NRDY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™