NerdWallet (NASDAQ:NRDS – Get Rating) will be posting its quarterly earnings results after the market closes on Tuesday, February 14th. Analysts expect NerdWallet to post earnings of $0.09 per share for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

NerdWallet Trading Up 1.3 %

Shares of NRDS stock opened at $12.87 on Tuesday. The company has a market cap of $956.63 million, a P/E ratio of -30.64 and a beta of 2.08. The stock has a 50 day simple moving average of $10.45 and a two-hundred day simple moving average of $10.72. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.91 and a current ratio of 2.91. NerdWallet has a fifty-two week low of $7.07 and a fifty-two week high of $16.61.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Morgan Stanley lowered their target price on NerdWallet from $12.00 to $11.00 and set an "equal weight" rating for the company in a report on Tuesday, December 6th. KeyCorp decreased their price objective on NerdWallet from $15.00 to $14.00 and set an "overweight" rating for the company in a report on Tuesday, November 1st. Finally, William Blair restated an "outperform" rating on shares of NerdWallet in a report on Wednesday, January 4th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, NerdWallet has a consensus rating of "Moderate Buy" and an average target price of $14.25.

Insider Activity at NerdWallet

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Franklin Resources Inc. purchased a new stake in NerdWallet during the 2nd quarter valued at $242,000. Bank of Montreal Can purchased a new position in shares of NerdWallet in the 1st quarter worth $235,000. Rhumbline Advisers purchased a new position in shares of NerdWallet in the 2nd quarter worth $233,000. Alliancebernstein L.P. boosted its stake in shares of NerdWallet by 90.8% in the 3rd quarter. Alliancebernstein L.P. now owns 22,900 shares of the company's stock worth $203,000 after buying an additional 10,900 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of NerdWallet by 137.6% in the 1st quarter. Bank of America Corp DE now owns 16,670 shares of the company's stock worth $200,000 after buying an additional 9,655 shares during the last quarter. Institutional investors own 31.22% of the company's stock.

About NerdWallet

(Get Rating)

NerdWallet, Inc operates a digital platform that provides consumer-driven advice about personal finance by connecting individuals and small and mid-sized businesses with financial products providers. The company's platform offers guidance to consumers through educational content, tools and calculators, and product marketplaces, as well as NerdWallet app for various financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing, and student loans.

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