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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$1.82
Volume114.37K
Average Volume (3M)183.75K
Market Cap
$35.94M
Enterprise Value-$1.96M
Total Cash (Recent Filing)$38.43M
Total Debt (Recent Filing)$413.80K
Price to Earnings (P/E)17.9
Beta1.38
Next Earnings
Nov 12, 2024EPS Estimate
-$0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.10
Shares Outstanding19,744,883
10 Day Avg. Volume120,481
30 Day Avg. Volume183,754
Standard Deviation0.26
R-Squared0.03
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.78
Price to Sales (P/S)0.32
Price to Cash Flow (P/CF)-2.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-0.02
Enterprise Value/Gross Profit-0.06
Enterprise Value/Ebitda-2.57
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
SurgePays News
PremiumPre-Earnings
Is SURG a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Financial StabilitySURG is positioned to absorb losses with $38.4M in cash and $3.2M in debt.
Market OpportunityThere are ~100 million adults in the U.S. that are underbanked, representing a significant market opportunity for SurgePays’s products.
ValuationSurgePays stock is trading at ~3x P/E based on 2023 EPS estimate, which is very low compared to any fintech, retail, or consumer company.
Bears Say
Cash Flow ConcernsProviding wireless services to approximately 250K ex-ACP customers without ACP funding is not a viable long-term strategy due to a $2.5 million monthly cash burn.
Funding UncertaintyThere is uncertainty about whether Congress will re-fund ACP, creating long-term financial challenges for SURG.
Revenue ImpactThe expiration of the Affordable Connectivity Program (ACP) created a huge revenue 'hole' for SURG, which was the source of 97% of its gross profit in 2023.
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Ownership Overview
3107.17% Insiders
357.38% Mutual Funds
298.37% Other Institutional Investors
5920.60% 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 Nov 12, 2024 which is in 8 days.
How were SurgePays’s earnings last quarter?
SurgePays released its earnings results on Aug 13, 2024. The company reported -$0.66 earnings per share for the quarter, missing the consensus estimate of -$0.107 by -$0.553.
Is SurgePays overvalued?
According to Wall Street analysts SurgePays’s price is currently Overvalued.
Does SurgePays pay dividends?
SurgePays does not currently pay dividends.
What is SurgePays’s EPS estimate?
SurgePays’s EPS estimate is -$0.27.
How many shares outstanding does SurgePays have?
SurgePays has 19,744,883 shares outstanding.
What happened to SurgePays’s price movement after its last earnings report?
SurgePays reported an EPS of -$0.66 in its last earnings report, missing expectations of -$0.107. Following the earnings report the stock price went down -26.838%.
Which hedge fund is a major shareholder of SurgePays?
Currently, no hedge funds are holding shares in SURG
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SurgePays Stock Smart Score
Unlock Smart Score
1
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Analyst Consensus
Hold
Average Price Target:
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Blogger Sentiment
Bullish
SURG Sentiment 91%
Sector Average 66%
Sector Average 66%
Insider Transactions
Sold Shares
Worth $401.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.5%
Last 30 Days ▼ 7.3%
Last 30 Days ▼ 7.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-61.27%
12-Months-Change
Fundamentals
Return on Equity
-4.91%
Trailing 12-Months
Asset Growth
41.76%
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
Q2 2024
0:00 / 0:00
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SURG Stock 12 Month Forecast
Average Price Target
―Technical Analysis
Best Analysts Covering SURG
1 Year
1 Year Success Rate
4/10 ratings generated profit
1 Year Average Return
-11.30%
reiterated a buy rating 5 months ago
Copying Edward Woo's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of -11.30% per trade.
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