FY2025 EPS Estimates for MediaAlpha Increased by Analyst

MediaAlpha, Inc. (NYSE:MAX) – Investment analysts at William Blair upped their FY2025 earnings estimates for shares of MediaAlpha in a research note issued on Wednesday, August 6th. William Blair analyst A. Klauber now anticipates that the company will post earnings of $0.62 per share for the year, up from their prior estimate of $0.49. The consensus estimate for MediaAlpha’s current full-year earnings is $0.48 per share. William Blair also issued estimates for MediaAlpha’s FY2026 earnings at $0.65 EPS.

Several other analysts also recently weighed in on MAX. The Goldman Sachs Group lowered their price target on shares of MediaAlpha from $14.00 to $12.50 and set a “buy” rating for the company in a research note on Monday, April 14th. Keefe, Bruyette & Woods lowered their price target on shares of MediaAlpha from $19.00 to $16.00 and set an “outperform” rating for the company in a research note on Tuesday, April 22nd. JPMorgan Chase & Co. boosted their price target on shares of MediaAlpha from $10.00 to $12.00 and gave the stock an “overweight” rating in a research note on Thursday, May 1st. Wall Street Zen downgraded shares of MediaAlpha from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Royal Bank Of Canada lowered their price target on shares of MediaAlpha from $20.00 to $18.00 and set an “outperform” rating for the company in a research note on Wednesday, May 7th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, MediaAlpha presently has an average rating of “Moderate Buy” and a consensus target price of $17.92.

MediaAlpha Stock Down 12.6%

MediaAlpha stock opened at $9.58 on Monday. The company has a market capitalization of $641.81 million, a PE ratio of -79.79 and a beta of 1.19. The firm has a fifty day simple moving average of $10.58 and a two-hundred day simple moving average of $10.08. MediaAlpha has a twelve month low of $7.33 and a twelve month high of $20.91.

MediaAlpha (NYSE:MAX) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. The company had revenue of $251.62 million during the quarter, compared to the consensus estimate of $248.80 million. MediaAlpha had a negative net margin of 0.61% and a negative return on equity of 62.53%. The firm’s revenue was up 41.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.07 EPS.

Hedge Funds Weigh In On MediaAlpha

A number of hedge funds have recently modified their holdings of the company. GAMMA Investing LLC increased its position in shares of MediaAlpha by 8,775.8% during the first quarter. GAMMA Investing LLC now owns 2,929 shares of the company’s stock valued at $27,000 after buying an additional 2,896 shares during the period. Covestor Ltd increased its position in shares of MediaAlpha by 44.1% during the fourth quarter. Covestor Ltd now owns 2,766 shares of the company’s stock valued at $31,000 after buying an additional 847 shares during the period. Virtus Fund Advisers LLC purchased a new position in shares of MediaAlpha during the fourth quarter valued at about $35,000. Quarry LP increased its position in shares of MediaAlpha by 107.1% during the fourth quarter. Quarry LP now owns 5,841 shares of the company’s stock valued at $66,000 after buying an additional 3,021 shares during the period. Finally, Arizona State Retirement System purchased a new position in shares of MediaAlpha during the first quarter valued at about $95,000. Hedge funds and other institutional investors own 64.39% of the company’s stock.

MediaAlpha Company Profile

MediaAlpha, Inc, through its subsidiaries, operates an insurance customer acquisition platform in the United States. It optimizes customer acquisition in various verticals of property and casualty insurance, health insurance, and life insurance. The company was founded in 2014 and is headquartered in Los Angeles, California.