Nerdy (NYSE:NRDY) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Nerdy (NYSE:NRDY) from a sell rating to a hold rating in a research report report published on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Nerdy in a research report on Thursday, October 15th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $15.00.

Nerdy Stock Performance

NRDY stock opened at $5.71 on Friday. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.70 and a quick ratio of 2.70. The company has a 50 day moving average price of $8.35 and a 200 day moving average price of $12.19. Nerdy has a fifty-two week low of $5.48 and a fifty-two week high of $22.35. The stock has a market capitalization of $72.91 million, a PE ratio of -1.52 and a beta of 1.79.

Nerdy (NYSE:NRDY) last posted its quarterly earnings data on Thursday, August 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.75) by $0.71. The firm had revenue of $43.23 million for the quarter, compared to the consensus estimate of $43.00 million. Nerdy had a negative return on equity of 100.13% and a negative net margin of 16.99%. Analysts forecast that Nerdy will post -2.55 EPS for the current year.

Nerdy Company Profile

Nerdy, Inc (NYSE: NRDY) is an education technology company that operates an online learning platform designed to connect learners with instructors and other educational resources. Its platform is primarily offered through the Varsity Tutors brand.

The company provides live, online instruction across a broad range of subjects and learning needs. Its offerings include one-on-one tutoring, small-group classes, test preparation, academic support, language learning, admissions assistance and professional development.