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Grindr (GRND)
NYSE:GRND
Grindr (GRND) Stock Price & Analysis
97 Followers
GRND Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.49 - $12.83
Previous Close$12.41
Volume629.44K
Average Volume (3M)636.88K
Market Cap
$2.18B
Enterprise Value$2.48B
Total Cash (Recent Filing)$21.55M
Total Debt (Recent Filing)$316.90M
Price to Earnings (P/E)―
Beta-0.48
Next Earnings
Aug 12, 2024EPS Estimate
$0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.18
Shares Outstanding175,675,901
10 Day Avg. Volume797,494
30 Day Avg. Volume636,879
Standard Deviation0.11
R-Squared0.02
Alpha0.00084
Financial Highlights & Ratios
Price to Book (P/B)-4.39
Price to Sales (P/S)23.47
Price to Cash Flow (P/CF)20.70
P/FCF Ratio14.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.87
Enterprise Value/Gross Profit12.89
Enterprise Value/Ebitda65.11
Forecast
1Y Price Target
$15.33Price Target Upside31.14% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Grindr News
PremiumCompany Announcements
Grindr’s Regulatory Disclosure Exempt from SEC Filing Requirements
PremiumThe Fly
Grindr rises 9.1%
PremiumThe Fly
Grindr rises 7.0%Bulls Say, Bears Say
Bulls Say
Financial PerformanceManagement's new mid-term targets, targeting ~$600M in revenue and ~$245M in adjusted EBITDA (~41% margin) by 2027, came in above our and consensus estimates, driving shares higher on the day.
Growth StrategyManagement outlined four primary growth levers for the business going forward, including improving the core product, bolstering its ad business, international expansion, and 'gayborhood' expansion.
User EngagementManagement provided several metrics highlighting its attractive user demographics and strong engagement, including users spending nearly one hour on average per day on the Grindr app.
Bears Say
Customer DependenceThere are risks associated with the company's reliance on a few key customers.
Operating CostsConcerns have been raised about the company's high operating costs.
Payment OptionsGrindr has a small variety of payment options relative to industry leaders, and less mature tactics to drive monthly active users into payers.
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Ownership Overview
81.00% Insiders
0.91% Mutual Funds
1.07% Other Institutional Investors
17.02% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
The estimated number of people who visited one or more of the websites owned by Grindr
Desktop Users
Mobile Users
GRND FAQ
What was Grindr’s price range in the past 12 months?
Grindr lowest stock price was $4.49 and its highest was $12.83 in the past 12 months.
What is Grindr’s market cap?
Currently, no data Available
When is Grindr’s upcoming earnings report date?
Grindr’s upcoming earnings report date is Aug 12, 2024 which is in 25 days.
How were Grindr’s earnings last quarter?
Grindr released its earnings results on May 09, 2024. The company reported -$0.052 earnings per share for the quarter, missing the consensus estimate of $0.041 by -$0.093.
Is Grindr overvalued?
According to Wall Street analysts Grindr’s price is currently Undervalued.
Does Grindr pay dividends?
Grindr does not currently pay dividends.
What is Grindr’s EPS estimate?
Grindr’s EPS estimate is $0.05.
How many shares outstanding does Grindr have?
Grindr has 175,797,500 shares outstanding.
What happened to Grindr’s price movement after its last earnings report?
Grindr reported an EPS of -$0.052 in its last earnings report, missing expectations of $0.041. Following the earnings report the stock price went down -4.249%.
Which hedge fund is a major shareholder of Grindr?
Among the largest hedge funds holding Grindr’s share is Gilder Gagnon Howe & Co LLC.. It holds Grindr’s shares valued at 674K.
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Grindr Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$15.33 (31.14% Upside)
$15.33 (31.14% Upside)
Blogger Sentiment
Bullish
GRND Sentiment 75%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 3.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $31.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 23.9%
Last 30 Days ▲ 61.6%
Last 30 Days ▲ 61.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
118.87%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-5.53%
Trailing 12-Months
Company Description
Grindr
Tiga Acquisition Corp is a blank check company.
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GRND Earnings Call
Q1 2024
0:00 / 0:00
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GRND Stock 12 Month Forecast
Average Price Target
$15.33
▲(31.14% Upside)
Technical Analysis
Best Analysts Covering GRND
1 Year
1 Year Success Rate
3/4 ratings generated profit
1 Year Average Return
+11.43%
assigned a buy rating 3 days ago
Copying Nicholas Jones CFA's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +11.43% per trade.
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