Grindr Inc (NYSE:GRND) currently has a daily average trading volume of 2.09M but it saw 2517040 shares traded in last market. With a market cap of 4.67B USD, the company’s current market price of $23.86 remained unchanged while comparing to the previous closing price of $23.86. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.80 and as low as $8.95.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Goldman which initiated the stock as “Buy” in its note to investors issued on December 16, 2024, recommending a price target of $20 for it. JMP Securities issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $14 and $17.
Over the week, GRND’s stock price is moving -1.85% down while it is 11.24% when we observe its performance for the past one month. Year-to-date it is 33.74% up and over the past year, the stock is showing an upside performance of 160.48%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.1 while estimate for next year EPS is 0.41. In next quarter, company is expected to be making quarterly sales of $113.69M as analysts are expecting the sales for current fiscal year at $433.29M and seeing the company making $528.61M in sales next year. Moreover, analysts are in estimates of $104.06M for current-quarter revenue.
Currently, Grindr Inc’s total number of outstanding shares is 200.24M with 82.61% of that held by the insiders while 17.45% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -15.96% and return on equity (ROE) at -63.52%. It has a 40.21 of forward P/E ratio. Stock’s beta reads 0.31. Stock has a price to book (P/B) ratio of 14.94 while price to sale or P/S ratio amounts to 12.87. Its return on asset (ROA) is -16.93% on average.
