NYSE:MAX

MediaAlpha (MAX) Stock Price, News & Analysis

$22.20
+0.12 (+0.54%)
(As of 05/3/2024 08:52 PM ET)
Today's Range
$20.96
$23.00
50-Day Range
$18.11
$22.20
52-Week Range
$5.08
$25.78
Volume
1.21 million shs
Average Volume
319,128 shs
Market Capitalization
$1.46 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.50

MediaAlpha MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
3.2% Downside
$21.50 Price Target
Short Interest
Healthy
4.49% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.78mentions of MediaAlpha in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$58.56 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.28) to ($0.03) 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.

1.03 out of 5 stars

Business Services Sector

261st out of 312 stocks

Business Services, Not Elsewhere Classified Industry

80th out of 88 stocks

MAX stock logo

About MediaAlpha Stock (NYSE:MAX)

MediaAlpha, Inc., through its subsidiaries, operates an insurance customer acquisition platform in the United States. It optimizes customer acquisition in various verticals of property and casualty insurance, health insurance, and life insurance. The company was founded in 2014 and is headquartered in Los Angeles, California.

MAX Stock Price History

MAX Stock News Headlines

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MediaAlpha Announces Launch of Secondary Offering
BMO Capital Upgrades MediaAlpha (MAX)
MAX Apr 2024 22.500 call
Why MediaAlpha Stock Is Soaring Today
Why MediaAlpha Stock Is Soaring Today
MediaAlpha Announces Fourth Quarter and Full Year 2023 Financial Results
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/05/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
137
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.50
High Stock Price Target
$30.00
Low Stock Price Target
$8.00
Potential Upside/Downside
-3.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$-40,420,000.00
Pretax Margin
-14.69%

Debt

Sales & Book Value

Annual Sales
$388.15 million
Book Value
($1.44) per share

Miscellaneous

Free Float
58,227,000
Market Cap
$1.46 billion
Optionable
Not Optionable
Beta
1.32
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MAX Stock Analysis - Frequently Asked Questions

Should I buy or sell MediaAlpha stock right now?

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

What is MediaAlpha's stock price target for 2024?

6 Wall Street research analysts have issued 12 month price objectives for MediaAlpha's shares. Their MAX share price targets range from $8.00 to $30.00. On average, they anticipate the company's share price to reach $21.50 in the next year. This suggests that the stock has a possible downside of 3.2%.
View analysts price targets for MAX
or view top-rated stocks among Wall Street analysts.

How have MAX shares performed in 2024?

MediaAlpha's stock was trading at $11.15 at the beginning of the year. Since then, MAX shares have increased by 99.1% and is now trading at $22.20.
View the best growth stocks for 2024 here
.

Are investors shorting MediaAlpha?

MediaAlpha saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 855,400 shares, an increase of 63.7% from the March 31st total of 522,700 shares. Based on an average daily volume of 321,300 shares, the short-interest ratio is currently 2.7 days. Approximately 4.5% of the shares of the company are sold short.
View MediaAlpha's Short Interest
.

When is MediaAlpha's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our MAX earnings forecast
.

How were MediaAlpha's earnings last quarter?

MediaAlpha, Inc. (NYSE:MAX) issued its quarterly earnings data on Wednesday, May, 1st. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.09. The company earned $126.60 million during the quarter, compared to analyst estimates of $111.17 million. The firm's revenue for the quarter was up 13.4% on a year-over-year basis. During the same quarter last year, the business earned ($0.23) EPS.

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

MediaAlpha issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $145.0 million-$155.0 million, compared to the consensus revenue estimate of $107.2 million.

When did MediaAlpha IPO?

MediaAlpha (MAX) raised $177 million in an IPO on Wednesday, October 28th 2020. The company issued 9,300,000 shares at $18.00-$20.00 per share. J.P. Morgan, Citigroup, Credit Suisse, RBC Capital Markets, Canaccord Genuity and William Blair served as the underwriters for the IPO and MUFG was co-manager.

Who are MediaAlpha's major shareholders?

MediaAlpha's stock is owned by many different institutional and retail investors. Top institutional shareholders include Norden Group LLC (0.40%), Daiwa Securities Group Inc. (0.11%), Azzad Asset Management Inc. ADV (0.09%), Los Angeles Capital Management LLC (0.04%), Hartline Investment Corp (0.03%) and Norden Group LLC (0.03%). Insiders that own company stock include Ambrose Wang, Brian Mikalis, Eugene Nonko, Insignia Capital Partners Gp,, Jeff Sweetser, Keith Cramer, Kuanling Amy Yeh, Mountains Insurance Grou White, Pamela Thomas-Graham, Patrick Ryan Thompson, Robert Perine, Serge Topjian, Spruce House Partnership Llc, Steven Yi and Tigran Sinanyan.
View institutional ownership trends
.

How do I buy shares of MediaAlpha?

Shares of MAX 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:MAX) was last updated on 5/6/2024 by MarketBeat.com Staff

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