GoodRx Holdings Inc [NASDAQ: GDRX] traded at a high on Wednesday, posting a 1.06 gain after which it closed the day’ session at $7.61.
The results of the trading session contributed to over 3467281 shares changing hands. Over the past one week, the price volatility of GoodRx Holdings Inc stands at 4.33% while the volatility over the past one month is 4.07%.
The market cap for GDRX stock reached $3.01 billion, with 92.36 million shares outstanding and 77.45 million shares in the current float. Compared to the average trading volume of 1.31M shares, GDRX reached a trading volume of 3467281 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about GoodRx Holdings Inc [GDRX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GDRX shares is $8.78 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GDRX stock is a recommendation set at 2.19. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
KeyBanc Capital Markets have made an estimate for GoodRx Holdings Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 10, 2024. While these analysts kept the previous recommendation, Wells Fargo dropped their target price from $7.50 to $10. The new note on the price target was released on March 25, 2024, representing the official price target for GoodRx Holdings Inc stock. Previously, the target price had yet another raise from $7 to $10, while JP Morgan kept a Overweight rating on GDRX stock.
The Average True Range (ATR) for GoodRx Holdings Inc is set at 0.31, with the Price to Sales ratio for GDRX stock in the period of the last 12 months amounting to 4.02. The Price to Book ratio for the last quarter was 3.94, with the Price to Cash per share for the same quarter was set at 1.70. Price to Free Cash Flow for GDRX in the course of the last twelve months was 21.95 with Quick ratio for the last quarter at 7.12.
How has GDRX stock performed recently?
GoodRx Holdings Inc [GDRX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.18. With this latest performance, GDRX shares gained by 12.91% in over the last four-week period, additionally plugging by 42.78% over the last 6 months – not to mention a rise of 65.08% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GDRX stock in for the last two-week period is set at 67.70, with the RSI for the last a single of trading hit 75.68, and the three-weeks RSI is set at 62.64 for GoodRx Holdings Inc [GDRX]. The present Moving Average for the last 50 days of trading for this stock 7.04, while it was recorded at 7.34 for the last single week of trading, and 6.38 for the last 200 days.
GoodRx Holdings Inc [GDRX]: Deeper insight into the fundamentals
GoodRx Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 7.12 and a Current Ratio set at 7.12.
Earnings analysis for GoodRx Holdings Inc [GDRX]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GDRX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for GoodRx Holdings Inc go to 21.20%.
Insider trade positions for GoodRx Holdings Inc [GDRX]
The top three institutional holders of GDRX stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in GDRX stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in GDRX stock with ownership which is approximately 5.8386%.
