How have the shares performed?
MediaAlpha Inc. (MAX) saw downtrend of -9.54% in the recent trading with $34.80 being its most recent. The current price level -50.52% lower than the highest price of $70.33 marked by the stock while trading over the past 52-weeks, whereas it is 60.96% higher than the lowest price of $21.62 the company dropped to over past 52-weeks. The latest news story on MAX appeared in Motley Fool under the title “MediaAlpha, Inc. (MAX) Q1 2021 Earnings Call Transcript” on May-14-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -25.34% below one month high and is +8.61% above of the lowest during that time. Looking into the simple moving average, MediaAlpha Inc. (MAX)’s stock stands at a SMA-50 of $42.33 while that of 5-day is reading $38.78.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 6 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock.
MediaAlpha Inc. Earnings – What Happened With MAX
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. MediaAlpha Inc. (MAX) last released financial results for the quarter that ended 3/30/2021, posting a surprise factor of -100.00% for net revenue. During the reported three-month period, company’s sales were $190.2 billion while analysts on average were estimating the same to be $161.16 million.
MAX – MediaAlpha Inc. Stock Earnings Estimates
The perspective of MediaAlpha Inc. (NYSE:MAX)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.03 for stock’s EPS in the current quarter. 6 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was 0.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 124.64 million. MAX does have institutional investors.
MediaAlpha Inc. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 26 new insider purchases involving 3,147,546 shares. On the other hand, MAX declared 8,195,783 shares have been sold in 14 insider transactions over the past three months.
As on Dec 30, 2020, Kayne Anderson Rudnick Investment Management LLC was the top most holder in MediaAlpha Inc. (NYSE:MAX) with an ownership of 4.48 million shares of the company or 11.70% of the stake worth $174.97 million. The filing also reveals JP Morgan Chase & Company as the second largest holder in the company with a control over 3.53% of the outstanding shares. Its stake is worth $47.84 million for having 1.35 million shares in hand.
Blackrock Inc. also came holding a key position in the company during the recent quarter and it now holds 2.98% of the outstanding shares. With this there are now 125 institutions which have possession in MAX’s shares.
Currently, the stock has been recommended as Moderate Buy by 6 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock.
Technical Analysis of MediaAlpha Inc. (NYSE:MAX) stock