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GDRX
Stock ticker:
NASDAQ
AS OF
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Price
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Capitalization
2.19B

GDRX Price Prediction, GoodRx Holdings AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

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A.I.Advisor
a Summary for GDRX with price predictions
08:00 PM EDT Jun 08, 2023

GDRX in upward trend: price rose above 50-day moving average on June 06, 2023

GDRX moved above its 50-day moving average on June 06, 2023 date and that indicates a change from a downward trend to an upward trend. In of 18 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where GDRX's RSI Indicator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on May 11, 2023. You may want to consider a long position or call options on GDRX as a result. In of 38 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for GDRX just turned positive on May 11, 2023. Looking at past instances where GDRX's MACD turned positive, the stock continued to rise in of 18 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for GDRX crossed bullishly above the 50-day moving average on June 07, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 7 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GDRX advanced for three days, in of 139 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 78 cases where GDRX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 25 cases where GDRX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GDRX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GDRX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.643) is normal, around the industry mean (31.420). P/E Ratio (0.000) is within average values for comparable stocks, (167.594). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (4.120). Dividend Yield (0.000) settles around the average of (0.068) among similar stocks. P/S Ratio (3.040) is also within normal values, averaging (76.317).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. GDRX’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.

A.I. Advisor
published Earnings

GDRX is expected to report earnings to fall 14.43% to 5 cents per share on August 09

GoodRx Holdings GDRX Stock Earnings Reports
Q2'23
Est.
$0.06
Q1'23
Beat
by $0.01
Q4'22
Beat
by $0.02
Q3'22
Missed
by $0.14
Q2'22
Beat
by $0.02
The last earnings report on May 10 showed earnings per share of 7 cents, beating the estimate of 5 cents. With 680.11K shares outstanding, the current market capitalization sits at 2.19B.
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NYSE:ORCL), Salesforce (NYSE:CRM), Adobe (NASDAQ:ADBE), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW), Uber Technologies (NYSE:UBER), Shopify (NYSE:SHOP), Palo Alto Networks (NASDAQ:PANW), Activision Blizzard (NASDAQ:ATVI).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 7.83B. The market cap for tickers in the group ranges from 291 to 2.43T. MSFT holds the highest valuation in this group at 2.43T. The lowest valued company is BLGI at 291.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was 1%. For the same Industry, the average monthly price growth was 10%, and the average quarterly price growth was 24%. AHI experienced the highest price growth at 554%, while TMNA experienced the biggest fall at -84%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was -6%. For the same stocks of the Industry, the average monthly volume growth was 4% and the average quarterly volume growth was 22%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 72
Price Growth Rating: 51
SMR Rating: 83
Profit Risk Rating: 89
Seasonality Score: 8 (-100 ... +100)
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A.I.Advisor
published price charts
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published General Information

General Information

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
N/A
Address
2701 Olympic Boulevard
Phone
+1 855 268-2822
Employees
954
Web
https://www.goodrx.com
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GDRX and

Correlation & Price change

A.I.dvisor indicates that over the last year, GDRX has been loosely correlated with AFRM. These tickers have moved in lockstep 63% of the time. This A.I.-generated data suggests there is some statistical probability that if GDRX jumps, then AFRM could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GDRX
1D Price
Change %
GDRX100%
+0.55%
AFRM - GDRX
63%
Loosely correlated
-7.75%
TDOC - GDRX
59%
Loosely correlated
-2.18%
RBLX - GDRX
59%
Loosely correlated
-0.46%
ALRM - GDRX
59%
Loosely correlated
-1.37%
SQ - GDRX
58%
Loosely correlated
-0.23%
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