Nerdwallet Stock Today
| NRDS Stock | USD 12.89 0.63 4.66% |
Performance0 of 100
| Odds Of DistressLess than 7
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Nerdwallet is selling for under 12.89 as of the 27th of April 2024; that is -4.66% down since the beginning of the trading day. The stock's lowest day price was 12.76. Nerdwallet has only a 7 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Nerdwallet are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of May 2022 and ending today, the 27th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 4th of November 2021 | Category Communication Services | Classification Financials |
NerdWallet, Inc. operates a digital platform that provides consumer-driven advice about personal finance by connecting individuals and small and mid-sized businesses with financial products providers. The company was founded in 2009 and is based in San Francisco, California. The company has 46.03 M outstanding shares of which 1.57 M shares are now shorted by private and institutional investors with about 4.48 trading days to cover. More on Nerdwallet
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Follow Valuation Options Odds of Bankruptcy
Financial Report 7th of May 2024
Nerdwallet Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nerdwallet's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nerdwallet or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Consumer Finance, Internet Content & Information, Communication Services, NASDAQ Composite, Financials, Consumer Finance, Credit Services, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Nerdwallet report their recommendations after researching Nerdwallet's financial statements, talking to executives and customers, or listening in on Nerdwallet's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Nerdwallet. The Nerdwallet consensus assessment is calculated by taking the average forecast from all of the analysts covering Nerdwallet. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Nerdwallet's liquidity, profitability, solvency, and operating efficiency, Nerdwallet may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Nerdwallet is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Nerdwallet's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Nerdwallet's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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 Nerdwallet's financial leverage. It provides some insight into what part of Nerdwallet's total assets is financed by creditors.
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Nerdwallet (NRDS) is traded on NASDAQ Exchange in USA. It is located in 55 Hawthorne Street, San Francisco, CA, United States, 94105 and employs 730 people. Nerdwallet is listed under Consumer Finance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.05 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nerdwallet's market, we take the total number of its shares issued and multiply it by Nerdwallet's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nerdwallet conducts business under Consumer Finance sector and is part of Financials industry. The entity has 46.03 M outstanding shares of which 1.57 M shares are now shorted by private and institutional investors with about 4.48 trading days to cover.
Nerdwallet currently holds about 125.8 M in cash with 75.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.71.
Check Nerdwallet Probability Of Bankruptcy
Ownership AllocationNerdwallet maintains a total of 46.03 Million outstanding shares. Over half of Nerdwallet's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Nerdwallet. Please watch out for any change in the institutional holdings of Nerdwallet as this could mean something significant has changed or is about to change at the company. 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 Nerdwallet Ownership Details
Nerdwallet Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Nerdwallet jumping above the current price in 90 days from now is about 98.0%. The Nerdwallet probability density function shows the probability of Nerdwallet stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Nerdwallet has a beta of -0.5338. This indicates as returns on the benchmark increase, returns on holding Nerdwallet are expected to decrease at a much lower rate. During a bear market, however, Nerdwallet is likely to outperform the market. Additionally, nerdwallet has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Nerdwallet to move above the current price in 90 days from now is about 98.0 (This Nerdwallet probability density function shows the probability of Nerdwallet Stock to fall within a particular range of prices over 90 days) .
Nerdwallet Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Nerdwallet that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nerdwallet's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nerdwallet's value.| Instituion | Recorded On | Shares | |
| Lord, Abbett & Co Llc | 2023-12-31 | 444.6 K | |
| Centaurus Financial Inc | 2023-12-31 | 361.7 K | |
| Amvescap Plc. | 2023-12-31 | 357.5 K | |
| Northern Trust Corp | 2023-12-31 | 327.3 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 302.4 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 283 K | |
| Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 272.3 K | |
| Steamboat Capital Partners, Llc | 2023-12-31 | 238 K | |
| Renaissance Technologies Corp | 2023-12-31 | 206.3 K | |
| Innovius Capital Management, Llc | 2023-12-31 | 5.2 M | |
| Fmr Inc | 2023-12-31 | 4.4 M |
Nerdwallet Historical Income Statement
Nerdwallet Income Statement is one of the three primary financial statements used for reporting Nerdwallet's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nerdwallet revenue and expense. Nerdwallet Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Nerdwallet's Total Other Income Expense Net is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 19 M in 2024, whereas Selling General Administrative is likely to drop slightly above 45.5 M in 2024. View More FundamentalsNerdwallet Stock Against Markets
Picking the right benchmark for Nerdwallet stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nerdwallet stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nerdwallet is critical whether you are bullish or bearish towards Nerdwallet at a given time. Please also check how Nerdwallet's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nerdwallet without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Nerdwallet Corporate Management
Elected by the shareholders, the Nerdwallet's board of directors comprises two types of representatives: Nerdwallet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nerdwallet. The board's role is to monitor Nerdwallet's management team and ensure that shareholders' interests are well served. Nerdwallet's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nerdwallet's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Lauren Waugh | Chief Officer | Profile | |
| Caitlin MacNamee | Investor Officer | Profile | |
| Tim Chen | Chairman Cofounder | Profile | |
| Alison McCoy | Vice Marketing | Profile | |
| Kevin Yuann | Chief Officer | Profile | |
| Jason Rodriguez | Chief Officer | Profile | |
| Ekumene Lysonge | Chief Secretary | Profile |
How to buy Nerdwallet Stock?
Before investing in Nerdwallet, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nerdwallet. To buy Nerdwallet stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nerdwallet. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nerdwallet stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nerdwallet stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nerdwallet stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nerdwallet, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Nerdwallet Stock please use our How to Invest in Nerdwallet guide.
Already Invested in Nerdwallet?
The danger of trading Nerdwallet is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nerdwallet is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nerdwallet. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nerdwallet is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nerdwallet is a strong investment it is important to analyze Nerdwallet's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nerdwallet's future performance. For an informed investment choice regarding Nerdwallet Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nerdwallet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Nerdwallet Stock please use our How to Invest in Nerdwallet guide.Note that the Nerdwallet information on this page should be used as a complementary analysis to other Nerdwallet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary 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.
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Is Nerdwallet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nerdwallet. If investors know Nerdwallet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nerdwallet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.15) | Revenue Per Share 7.815 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0075 | Return On Equity (0.03) |
The market value of Nerdwallet is measured differently than its book value, which is the value of Nerdwallet that is recorded on the company's balance sheet. Investors also form their own opinion of Nerdwallet's value that differs from its market value or its book value, called intrinsic value, which is Nerdwallet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nerdwallet's market value can be influenced by many factors that don't directly affect Nerdwallet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nerdwallet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nerdwallet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nerdwallet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.