Sharecare Inc. (SHCR): What The Numbers Tell Us

The stock of Sharecare Inc. (NASDAQ:SHCR) decreased by -$0.04 on Tuesday to finish at $1.97, down -1.99 percent. The last five days have seen an average of 3,468,000 shares of common stock traded. 2 times new highs were reached in the current year, with a fall of -$2.52. The average number of shares traded over the last 20 days was 2,454,350, while the average volume over the last 50 days totaled 1,963,520.

SHCR stock dropped -28.62% since last month. On 06/13/22, the company’s shares reached a one-month low of $1.78. The stock touched a high of $10.77 on 01/04/22, after rallying from a low of $1.77 in 52 weeks. The price of SHCR stock has declined by -56.12% or -$2.52 this year, reaching a new high 2 times. Still, the stock price is down -81.70% from the 52-week high.

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Insider Transactions

There have been 13 days since Sharecare Inc. (SHCR) last reported insider trading activity on Jun 09. On Jun 09, Chief Accounting Officer Blalock Michael acquired 4,000 shares at $2.55 each. This transaction resulted in the insider spending $10,201. On Jun 09, Blalock Michael added 6,000 shares at a price of US$2.55. After the transaction, the insider now owns 10,000 shares.

Financial Health

For the three months ended December 30, Sharecare Inc.’s quick ratio was 3.70, while its current ratio was 3.70, indicating its ability to pay off its debt. Based on annual data, it had gross profit of $209.6 million and revenue of $412.81 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. There was a -15.00% return on investment (ROI) in the past year.

Earnings Surprise

According to Sharecare Inc.’s quarterly financial report for the quarter that ended December 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $100.71 million, while revenues rose by 100.0% to -$105.62 million. It was predicted that Sharecare Inc.’s quarterly earnings would be $0.02, but it ended up being -$0.03, beating the consensus by 166.70%. EBITDA was -$40.71 million for the quarter. At the end of Sharecare Inc.’s most recent quarter ended December 30, its liabilities totaled 176.43 million, while its total debt was $0.42 million. Equity owned by shareholders amounts to $350.27 million.

Technical Picture

Here’s a quick look at Sharecare Inc.’s (SHCR) price momentum from a technical perspective. As of 21 June, the RSI 9-day stood at 34.75%, suggesting the stock is Neutral, with a 114.84% historical volatility rate.

The stochastic %K and %D were 15.57% and 16.27% respectively, while the average true range (ATR) was 0.24. Based on the 14-day stochastic reading of 13.70%, the RSI (14) reading is 37.54%. On the 9-day MACD Oscillator, the stock is at -0.09, and the 14-day reading is at -0.36.

Analyst Ratings

In its analyst report released on February 11, 2022, Goldman began covering Sharecare Inc. (NASDAQ: SHCR). The stock was rated as a Neutral by the brokerage firm. Analysts have assigned Sharecare Inc. (SHCR) an Overweight rating. SHCR is a stock that is recommended for selling by 0 brokerage firms, while 1 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 3 others recommend it as a buy.

What is SHCR’s price target for the next 12 months?

The current consensus forecast for the stock is between $3.50 and $10.00, with a median target price of $4.50. In analyzing these forecasts, the average price target given by analysts for Sharecare Inc. (SHCR) is $5.63.


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