Sharecare Inc. (NASDAQ:SHCR) saw a downside of -8.83% to close Tuesday at $0.94 after subtracting -$0.09 on the day. The 5-day average trading volume is 2,482,140 shares of the company’s common stock. It has gained $1.1750 in the past week and touched a new high 1 time within the past 5 days. An average of 1,853,000 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,452,634.
SHCR’s 1-month performance is -33.40% or -$0.5309 on its low of $0.9213 reached on 08/22/23. The company’s shares have touched a 52-week low of $1.01 and high of $2.71, with the stock’s rally to the 52-week high happening on 02/03/23. YTD, SHCR has lost -41.31% or -$0.6609 and has reached a new high 13 times. However, the current price is down -65.35% from the 52-week high price.
Valuation Metrics
SHCR stock has a beta of 0.50. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.77 while the price-to-book (PB) in the most recent quarter is 0.67.
Sharecare Inc.’s quick ratio for the period ended June 29 was 2.90, with the current ratio over the same period at 2.90.. In terms of profitability, the gross margin trailing 12 months is 44.40%. The trailing 12-month EBITDA margin is -12.27% while for the period ending June 29, Sharecare Inc.’s operating margin was -30.40%. The firm’s gross profit as reported stood at $204.12 million against revenue of $442.42 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 17.39% to -$35.14 million, while revenue of -$34.66 million was 1.37% off the previous quarter. Analysts expected SHCR to announce -$0.09 per share in earnings in its latest quarter, but it posted -$0.1, representing a -11.10% surprise. EBITDA for the quarter stood at more than -$19.96 million. SHCR stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 184.43 million, with total debt at $2.41 million. Shareholders hold equity totaling $357.12 million.
Let’s look briefly at Sharecare Inc. (SHCR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 14.04% to suggest the stock is trending oversold, with historical volatility in this time period at 59.67%.
The stock’s 5-day moving average is $1.0418, reflecting a -19.74% or -$0.2309 change from its current price. SHCR is currently trading -30.44% above its 20-day SMA, -39.41% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -40.94% and SMA200 by-48.96%.
Stochastic %K and %D was 5.11% and 8.48% and the average true range (ATR) pointed at 0.0903. The RSI (14) points at 19.67%, while the 14-day stochastic is at 4.36% with the period’s ATR at 0.0921. The stock’s 9-day MACD Oscillator is pointing at -0.1135 and -0.1560 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Sharecare Inc. (NASDAQ: SHCR), Morgan Stanley launched coverage with an Equal-weight rating. Analysts offering their rating for SHCR stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate SHCR as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 3 have offered a “buy” rating.
What is SHCR’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $2.00 and a high of $5.00, with their median price target at $2.88. Looking at these predictions, the average price target given by analysts is for Sharecare Inc. (SHCR) stock is $3.19.
