Goodrx Holdingsinc Stock Today
| GDRX Stock | USD 6.97 0.31 4.65% |
Performance1 of 100
| Odds Of DistressLess than 35
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Goodrx HoldingsInc is trading at 6.97 as of the 23rd of April 2024; that is 4.65 percent increase since the beginning of the trading day. The stock's open price was 6.66. Goodrx HoldingsInc has about a 35 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Goodrx HoldingsInc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 23rd of September 2020 | Category Healthcare | Classification Health Care |
GoodRx Holdings, Inc., through its subsidiaries, offers information and tools that enable consumers to compare prices and save on their prescription drug purchases in the United States. The company was incorporated in 2015 and is headquartered in Santa Monica, California. The company has 93.27 M outstanding shares of which 9.22 M shares are currently shorted by private and institutional investors with about 4.67 trading days to cover. More on Goodrx HoldingsInc
Moving together with Goodrx Stock
| 0.69 | EVH | Evolent Health Financial Report 1st of May 2024 | PairCorr |
Moving against Goodrx Stock
| 0.52 | ICCM | Icecure Medical Financial Report 27th of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 8th of May 2024
Goodrx Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Goodrx HoldingsInc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Goodrx HoldingsInc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Cofounder Chairman | Trevor Bezdek | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Technology, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Technology, Health Information Services, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Goodrx HoldingsInc report their recommendations after researching Goodrx HoldingsInc's financial statements, talking to executives and customers, or listening in on Goodrx HoldingsInc's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Goodrx HoldingsInc. The Goodrx consensus assessment is calculated by taking the average forecast from all of the analysts covering Goodrx HoldingsInc. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Goodrx HoldingsInc's historical financial statements, Goodrx HoldingsInc may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter. Financial strength of Goodrx HoldingsInc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Goodrx HoldingsInc's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Goodrx HoldingsInc's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Goodrx HoldingsInc's financial leverage. It provides some insight into what part of Goodrx HoldingsInc's total assets is financed by creditors.
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Goodrx HoldingsInc (GDRX) is traded on NASDAQ Exchange in USA. It is located in 2701 Olympic Boulevard, Santa Monica, CA, United States, 90404 and employs 694 people. Goodrx HoldingsInc is listed under Health Care Technology category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Goodrx HoldingsInc's market, we take the total number of its shares issued and multiply it by Goodrx HoldingsInc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Goodrx HoldingsInc conducts business under Health Care Technology sector and is part of Health Care industry. The entity has 93.27 M outstanding shares of which 9.22 M shares are currently shorted by private and institutional investors with about 4.67 trading days to cover.
Goodrx HoldingsInc currently holds about 728.79 M in cash with 138.29 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.84.
Check Goodrx HoldingsInc Probability Of Bankruptcy
Ownership AllocationGoodrx HoldingsInc secures a total of 93.27 Million outstanding shares. Over half of Goodrx HoldingsInc's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Goodrx HoldingsInc. Please watch out for any change in the institutional holdings of Goodrx HoldingsInc as this could mean something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Goodrx Ownership Details
Goodrx Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Goodrx HoldingsInc jumping above the current price in 90 days from now is about 32.4%. The Goodrx HoldingsInc probability density function shows the probability of Goodrx HoldingsInc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.4632. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Goodrx HoldingsInc will likely underperform. Additionally, goodrx HoldingsInc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Goodrx HoldingsInc to move above the current price in 90 days from now is about 32.4 (This Goodrx HoldingsInc probability density function shows the probability of Goodrx Stock to fall within a particular range of prices over 90 days) .
Goodrx Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Goodrx HoldingsInc that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Goodrx HoldingsInc's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Goodrx HoldingsInc's value.| Instituion | Recorded On | Shares | |
| Rip Road Capital Partners Lp | 2023-12-31 | 1.8 M | |
| Technology Crossover Management X, Ltd. | 2023-12-31 | 1.7 M | |
| Assenagon Asset Management Sa | 2023-12-31 | 1.3 M | |
| Sqn Investors Lp | 2023-12-31 | 1.3 M | |
| Geode Capital Management, Llc | 2023-12-31 | 884.9 K | |
| Jacobs Levy Equity Management, Inc. | 2023-09-30 | 845.7 K | |
| Two Sigma Advisers, Llc | 2023-12-31 | 843.4 K | |
| Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 833.4 K | |
| State Street Corporation | 2023-12-31 | 777.9 K | |
| Francisco Partners Management Lp | 2023-12-31 | 84.7 M | |
| Vanguard Group Inc | 2023-12-31 | 8.4 M |
Goodrx HoldingsInc Historical Income Statement
Goodrx HoldingsInc Income Statement is one of the three primary financial statements used for reporting Goodrx's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Goodrx HoldingsInc revenue and expense. Goodrx HoldingsInc Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Goodrx HoldingsInc's Non Operating Income Net Other is fairly stable compared to the past year. View More FundamentalsGoodrx Stock Against Markets
Picking the right benchmark for Goodrx HoldingsInc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Goodrx HoldingsInc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Goodrx HoldingsInc is critical whether you are bullish or bearish towards Goodrx HoldingsInc at a given time. Please also check how Goodrx HoldingsInc's historical prices are related to one of the top price index indicators.
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Goodrx HoldingsInc Corporate Management
Elected by the shareholders, the Goodrx HoldingsInc's board of directors comprises two types of representatives: Goodrx HoldingsInc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Goodrx. The board's role is to monitor Goodrx HoldingsInc's management team and ensure that shareholders' interests are well served. Goodrx HoldingsInc's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Goodrx HoldingsInc's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Douglas Hirsch | CoCEO Cofounder | Profile | |
| Andrew Slutsky | Chief Officer | Profile | |
| Babak Azad | Chief Communications | Profile | |
| Whitney Notaro | Vice Relations | Profile | |
| Scott Wagner | Interim Officer | Profile |
How to buy Goodrx Stock?
Before investing in Goodrx HoldingsInc, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Goodrx HoldingsInc. To buy Goodrx HoldingsInc stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Goodrx HoldingsInc. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Goodrx HoldingsInc stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Goodrx HoldingsInc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Goodrx HoldingsInc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Goodrx HoldingsInc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Goodrx Stock please use our How to Invest in Goodrx HoldingsInc guide.
Already Invested in Goodrx HoldingsInc?
The danger of trading Goodrx HoldingsInc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Goodrx HoldingsInc is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Goodrx HoldingsInc. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Goodrx HoldingsInc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Goodrx HoldingsInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Goodrx HoldingsInc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Goodrx Holdingsinc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Goodrx Holdingsinc Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodrx HoldingsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Goodrx Stock please use our How to Invest in Goodrx HoldingsInc guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Goodrx Stock analysis
When running Goodrx HoldingsInc's price analysis, check to measure Goodrx HoldingsInc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goodrx HoldingsInc is operating at the current time. Most of Goodrx HoldingsInc's value examination focuses on studying past and present price action to predict the probability of Goodrx HoldingsInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodrx HoldingsInc's price. Additionally, you may evaluate how the addition of Goodrx HoldingsInc to your portfolios can decrease your overall portfolio volatility.
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Is Goodrx HoldingsInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Goodrx HoldingsInc. If investors know Goodrx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Goodrx HoldingsInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.635 | Earnings Share (0.02) | Revenue Per Share 1.829 | Quarterly Revenue Growth 0.068 | Return On Assets 0.0195 |
The market value of Goodrx HoldingsInc is measured differently than its book value, which is the value of Goodrx that is recorded on the company's balance sheet. Investors also form their own opinion of Goodrx HoldingsInc's value that differs from its market value or its book value, called intrinsic value, which is Goodrx HoldingsInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Goodrx HoldingsInc's market value can be influenced by many factors that don't directly affect Goodrx HoldingsInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Goodrx HoldingsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goodrx HoldingsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goodrx HoldingsInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.