On Tuesday, MediaAlpha Inc (NYSE: MAX) opened lower -18.49% from the last session, before settling in for the closing price of $11.41. Price fluctuations for MAX have ranged from $10.21 to $25.78 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 26.43%. Company’s average yearly earnings per share was noted 126.24% at the time writing. With a float of $31.79 million, this company’s outstanding shares have now reached $55.50 million.
Considering the fact that the conglomerate employs 144 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 16.23%, operating margin of 5.08%, and the pretax margin is 2.72%.
MediaAlpha Inc (MAX) Insider Activity
A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of MediaAlpha Inc is 42.30%, while institutional ownership is 54.98%. The most recent insider transaction that took place on Oct 30 ’24, was worth 1,487,959. In this transaction an insider of this company sold 72,000 shares at a rate of $20.67, taking the stock ownership to the 1,550,990 shares. Before that another transaction happened on Oct 30 ’24, when Company’s insider sold 72,000 for $20.66, making the entire transaction worth $1,487,750. This insider now owns 2,312,162 shares in total.
MediaAlpha Inc (MAX) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 126.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 53.44% during the next five years compared to -10.21% drop over the previous five years of trading.
MediaAlpha Inc (NYSE: MAX) Trading Performance Indicators
Check out the current performance indicators for MediaAlpha Inc (MAX). In the past quarter, the stock posted a quick ratio of 1.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.72. Likewise, its price to free cash flow for the trailing twelve months is 13.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.30, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.85 in one year’s time.
Technical Analysis of MediaAlpha Inc (MAX)
Compared to the last year’s volume of 0.45 million, its volume of 0.95 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 9.55%. Additionally, its Average True Range was 0.77.
During the past 100 days, MediaAlpha Inc’s (MAX) raw stochastic average was set at 5.03%, which indicates a significant decrease from 13.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 101.73% in the past 14 days, which was higher than the 84.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.45, while its 200-day Moving Average is $14.94. Nevertheless, the first resistance level for the watch stands at $9.96 in the near term. At $10.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.25. If the price goes on to break the first support level at $8.66, it is likely to go to the next support level at $8.03. Should the price break the second support level, the third support level stands at $7.37.
MediaAlpha Inc (NYSE: MAX) Key Stats
There are currently 66,664K shares outstanding in the company with a market cap of 623.62 million. Presently, the company’s annual sales total 388,150 K according to its annual income of -40,420 K. Last quarter, the company’s sales amounted to 259,130 K and its income totaled 9,480 K.
