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SurgePays (SURG)
NASDAQ:SURG
Holding SURG?
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SURG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.33 - $9.23
Previous Close$1.98
Volume151.43K
Average Volume (3M)502.87K
Market Cap
$39.92M
Enterprise Value$16.38M
Total Cash (Recent Filing)$23.72M
Total Debt (Recent Filing)$63.55K
Price to Earnings (P/E)―
Beta1.62
Next Earnings
May 14, 2025EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.11
Shares Outstanding20,161,547
10 Day Avg. Volume237,970
30 Day Avg. Volume502,870
Standard Deviation0.25
R-Squared0.03
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.89
Price to Sales (P/S)0.38
Price to Cash Flow (P/CF)-0.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.20
Enterprise Value/Gross Profit0.46
Enterprise Value/Ebitda-0.80
Forecast
1Y Price Target
$9.00Price Target Upside354.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
SurgePays News
PremiumCompany Announcements
SurgePays, Inc. Faces Challenges Amid Revenue Decline
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSURG is now offering its ex-ACP customers the U.S. Government's Lifeline program, which could generate monthly gross margins of approximately $4 per customer.
Growth StrategyThe company plans to focus on its LinkUp Mobile prepaid wireless brand which benefits from its convenience store distribution partners, potentially improving growth, profitability, and performance.
Market OpportunityThere are approximately 100 million adults in the U.S. that are underbanked, representing a significant market opportunity for SurgePays’s products.
Bears Say
Financial PerformanceSURG reported a net loss of $0.73 per share due to the expiration of the Affordable Connectivity Program, leading to significant financial challenges.
Operational DecisionsSURG continued to provide wireless services to its 280,000 former ACP customers without receiving any revenue, impacting the company's financial stability.
Revenue ImpactThe end of the Affordable Connectivity Program, which accounted for 97% of SURG's gross profit in 2023, creates a substantial revenue gap for the company.
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Ownership Overview
30.47% Insiders
3.71% Mutual Funds
3.59% Other Institutional Investors
59.14% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SURG FAQ
What was SurgePays’s price range in the past 12 months?
SurgePays lowest stock price was $1.33 and its highest was $9.23 in the past 12 months.
What is SurgePays’s market cap?
Currently, no data Available
When is SurgePays’s upcoming earnings report date?
SurgePays’s upcoming earnings report date is May 14, 2025 which is in 143 days.
How were SurgePays’s earnings last quarter?
SurgePays released its earnings results on Nov 12, 2024. The company reported -$0.73 earnings per share for the quarter, missing the consensus estimate of -$0.267 by -$0.463.
Is SurgePays overvalued?
According to Wall Street analysts SurgePays’s price is currently Undervalued.
Does SurgePays pay dividends?
SurgePays does not currently pay dividends.
What is SurgePays’s EPS estimate?
SurgePays’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does SurgePays have?
SurgePays has 20,161,547 shares outstanding.
What happened to SurgePays’s price movement after its last earnings report?
SurgePays reported an EPS of -$0.73 in its last earnings report, missing expectations of -$0.267. Following the earnings report the stock price went up 0.588%.
Which hedge fund is a major shareholder of SurgePays?
Among the largest hedge funds holding SurgePays’s share is Royce & Associates LLC. It holds SurgePays’s shares valued at 34K.
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SurgePays Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$9.00 (354.55% Upside)
$9.00 (354.55% Upside)
Blogger Sentiment
Bullish
SURG Sentiment 90%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $307.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.6%
Last 30 Days ▼ 11.5%
Last 30 Days ▼ 11.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-70.18%
12-Months-Change
Fundamentals
Return on Equity
-80.54%
Trailing 12-Months
Asset Growth
-4.02%
Trailing 12-Months
Company Description
SurgePays
Surgepays Inc is a fintech company. It provides services to financial technology, telecommunications, and digital media companies. The company offers prepaid wireless and underbanked financial products and services, along with popular consumer goods, to retail merchants such as operators of convenience stores, bodegas, and gas stations. Its operating segment includes Surge Blockchain and Other; Surge Logics; TW and ECS (Electronic Check Services).
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SURG Earnings Call
Q3 2024
0:00 / 0:00
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SURG Stock 12 Month Forecast
Average Price Target
$9.00
▲(354.55% Upside)
Technical Analysis
Best Analysts Covering SURG
1 Year
1 Year Success Rate
5/11 ratings generated profit
1 Year Average Return
-6.01%
reiterated a buy rating 3 months ago
Copying Edward Woo's trades and holding each position for 1 Year would result in 45.45% of your transactions generating a profit, with an average return of -6.01% per trade.
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