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NASDAQ:GDRX

GoodRx (GDRX) Stock Price, News & Analysis

$7.87
+0.31 (+4.10%)
(As of 05/31/2024 ET)
Today's Range
$7.50
$7.90
50-Day Range
$6.50
$8.06
52-Week Range
$4.14
$9.37
Volume
1.12 million shs
Average Volume
1.76 million shs
Market Capitalization
$2.95 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.11

GoodRx MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
15.7% Upside
$9.11 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.23mentions of GoodRx in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
47.06%
From $0.17 to $0.25 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.50 out of 5 stars

Medical Sector

514th out of 928 stocks

Data Processing & Preparation Industry

35th out of 60 stocks

GDRX stock logo

About GoodRx Stock (NASDAQ:GDRX)

GoodRx Holdings, Inc., together with 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 operates a price comparison platform that provides consumers with curated, geographically relevant prescription pricing, and access to negotiated prices. It also offers other healthcare products and services, including subscriptions, and pharma manufacturer solutions, as well as telehealth services through the GoodRx Care platform. It serves pharmacy benefit managers who manage formularies and prescription transactions, including establishing pricing between consumers and pharmacies. The company was founded in 2011 and is headquartered in Santa Monica, California.

GDRX Stock Price History

GDRX Stock News Headlines

Simon Patterson Joins GoodRx Board of Directors
GoodRx (NASDAQ:GDRX) Shares Gap Up to $7.20
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
6/02/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Data processing & preparation
Sub-Industry
N/A
Current Symbol
NASDAQ:GDRX
Fax
N/A
Employees
694
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.11
High Stock Price Target
$16.00
Low Stock Price Target
$4.50
Potential Upside/Downside
+15.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
20 Analysts

Profitability

Net Income
$-8,870,000.00
Pretax Margin
-7.70%

Debt

Sales & Book Value

Annual Sales
$750.27 million
Cash Flow
$0.43 per share
Book Value
$1.68 per share

Miscellaneous

Free Float
359,559,000
Market Cap
$2.95 billion
Optionable
Optionable
Beta
1.37
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GDRX Stock Analysis - Frequently Asked Questions

Should I buy or sell GoodRx stock right now?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GoodRx in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GDRX shares.
View GDRX analyst ratings
or view top-rated stocks.

What is GoodRx's stock price target for 2024?

20 analysts have issued 1 year price objectives for GoodRx's shares. Their GDRX share price targets range from $4.50 to $16.00. On average, they expect the company's share price to reach $9.11 in the next year. This suggests a possible upside of 15.7% from the stock's current price.
View analysts price targets for GDRX
or view top-rated stocks among Wall Street analysts.

How have GDRX shares performed in 2024?

GoodRx's stock was trading at $6.70 at the beginning of the year. Since then, GDRX shares have increased by 17.5% and is now trading at $7.87.
View the best growth stocks for 2024 here
.

When is GoodRx's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our GDRX earnings forecast
.

How were GoodRx's earnings last quarter?

GoodRx Holdings, Inc. (NASDAQ:GDRX) posted its earnings results on Thursday, May, 9th. The company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by $0.01. The firm earned $197.88 million during the quarter, compared to the consensus estimate of $196.20 million. GoodRx had a negative net margin of 0.86% and a positive trailing twelve-month return on equity of 3.45%.

What ETFs hold GoodRx's stock?
What guidance has GoodRx issued on next quarter's earnings?

GoodRx updated its FY 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $800.0 million-$810.0 million, compared to the consensus revenue estimate of $801.0 million.

What other stocks do shareholders of GoodRx own?

Based on aggregate information from My MarketBeat watchlists, some companies that other GoodRx investors own include Gilead Sciences (GILD), NVIDIA (NVDA), AbbVie (ABBV), Bristol-Myers Squibb (BMY), DraftKings (DKNG), GW Pharmaceuticals (GWPH), Rocket Companies (RKT), AT&T (T), Advanced Micro Devices (AMD) and Alteryx (AYX).

When did GoodRx IPO?

GoodRx (GDRX) raised $900 million in an IPO on Wednesday, September 23rd 2020. The company issued 34,600,000 shares at a price of $24.00-$28.00 per share. Morgan Stanley, Goldman Sachs, J.P. Morgan and Barclays served as the underwriters for the IPO and BofA Securities, Citigroup, Credit Suisse, RBC Capital Markets, UBS Investment Bank, Cowen, Deutsche Bank Securities, Evercore ISI, Citizens Capital Markets, KKR, LionTree, Raymond James, SVB Leerink, Academy Securities, Loop Capital Markets, R. Seelaus and Ramirez were co-managers.

Who are GoodRx's major shareholders?

GoodRx's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (2.05%), Assenagon Asset Management S.A. (0.26%), Picton Mahoney Asset Management (0.12%), GSA Capital Partners LLP (0.06%), Susquehanna Portfolio Strategies LLC (0.05%) and Mirae Asset Global Investments Co. Ltd. (0.05%). Insiders that own company stock include Abdiel Capital Management, Llc, Agnes Rey-Giraud, Andrew Slutsky, Babak Azad, Bansi Nagji, Douglas Joseph Hirsch, Idea Men, Llc, Karsten Voermann, Scott Wagner and Trevor Bezdek.
View institutional ownership trends
.

How do I buy shares of GoodRx?

Shares of GDRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:GDRX) was last updated on 6/2/2024 by MarketBeat.com Staff

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