Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
SurgePays (SURG)
NASDAQ:SURG
SurgePays (SURG) Stock Price & Analysis
330 Followers
SURG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.75 - $9.23
Previous Close$2.94
Volume104.78K
Average Volume (3M)207.36K
Market Cap
$57.07M
Enterprise Value$43.00M
Total Cash (Recent Filing)$14.62M
Total Debt (Recent Filing)$399.41K
Price to Earnings (P/E)2.5
Beta0.98
Next Earnings
Aug 21, 2024EPS Estimate
-$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.16
Shares Outstanding19,411,549
10 Day Avg. Volume221,195
30 Day Avg. Volume207,356
Standard Deviation0.25
R-Squared0.05
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)2.76
Price to Sales (P/S)2.04
Price to Cash Flow (P/CF)8.40
P/FCF Ratio8.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.31
Enterprise Value/Gross Profit1.21
Enterprise Value/Ebitda0.54
Forecast
1Y Price Target
$9.50Price Target Upside211.48% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
SurgePays News
Bulls Say, Bears Say
Bulls Say
Financial HealthSURG is positioned to absorb potential losses with $42M in cash and less than $4M in debt.
Growth StrategyThe company plans to focus on its LinkUp Mobile prepaid wireless brand, benefiting from convenience store distribution partners to improve growth, profitability, and market reach.
Market OpportunityThere are about 100 million underbanked adults in the U.S., representing a significant market opportunity for SurgePays’s products.
Bears Say
Gross MarginsUpfront incentive payments to master dealers should reduce gross margins to 0%, thereby producing GAAP net losses for 2024 and 2025.
ProfitabilityThe potential end of ACP funding is expected to have a very significant impact on SURG's profitability, as ACP accounted for 97% of SURG's gross profit.
RevenueRevenue was $32 million, which is an 11% decline year-over-year and fell short of both internal estimates and consensus expectations.
---
Ownership Overview
39.82% Insiders
3.87% Mutual Funds
6.15% Other Institutional Investors
50.17% 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.
---
SURG FAQ
What was SurgePays’s price range in the past 12 months?
SurgePays lowest stock price was $2.75 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 Aug 21, 2024 which is in 31 days.
How were SurgePays’s earnings last quarter?
SurgePays released its earnings results on May 13, 2024. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.15 by -$0.08.
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 is -$0.07.
How many shares outstanding does SurgePays have?
SurgePays has 19,411,549 shares outstanding.
What happened to SurgePays’s price movement after its last earnings report?
SurgePays reported an EPS of $0.07 in its last earnings report, missing expectations of $0.15. Following the earnings report the stock price went up 13.263%.
Which hedge fund is a major shareholder of SurgePays?
Currently, no hedge funds are holding shares in SURG
---
SurgePays Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$9.50 (211.48% Upside)
$9.50 (211.48% Upside)
Blogger Sentiment
Bullish
SURG Sentiment 93%
Sector Average 70%
Sector Average 70%
Insider Transactions
Sold Shares
Worth $179.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days <0.1%
Last 30 Days ▲ 0.7%
Last 30 Days ▲ 0.7%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-36.22%
12-Months-Change
Fundamentals
Return on Equity
52.49%
Trailing 12-Months
Asset Growth
72.07%
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).
---
SURG Earnings Call
Q1 2024
0:00 / 0:00
---
SURG Stock 12 Month Forecast
Average Price Target
$9.50
▲(211.48% Upside)
Technical Analysis
Artificial Intelligence Technology Solutions
―
Solar Integrated Roofing
―
Helios & Matheson North America
―
Viper Networks
―
Best Analysts Covering SURG
1 Year
1 Year Success Rate
4/10 ratings generated profit
1 Year Average Return
-1.18%
reiterated a buy rating 2 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 -1.18% per trade.
---