MediaAlpha (MAX) Projected to Post Quarterly Earnings on Wednesday

MediaAlpha (NYSE:MAX - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.35 per share and revenue of $236.07 million for the quarter. MediaAlpha has set its Q1 2025 guidance at EPS.

MediaAlpha (NYSE:MAX - Get Free Report) last released its quarterly earnings results on Monday, February 24th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.16). MediaAlpha had a net margin of 1.41% and a negative return on equity of 11.98%. The company had revenue of $300.65 million during the quarter, compared to analyst estimates of $289.38 million. On average, analysts expect MediaAlpha to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

MediaAlpha Trading Up 0.3 %

Shares of MAX stock traded up $0.03 during trading hours on Monday, hitting $8.44. 40,193 shares of the company were exchanged, compared to its average volume of 660,889. The company has a market capitalization of $565.40 million, a PE ratio of 49.46 and a beta of 1.11. MediaAlpha has a 52 week low of $7.33 and a 52 week high of $25.78. The business has a 50 day moving average of $8.96 and a two-hundred day moving average of $11.60.

Analysts Set New Price Targets

MAX has been the topic of a number of research reports. JPMorgan Chase & Co. cut their price target on MediaAlpha from $13.00 to $10.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Royal Bank of Canada reaffirmed an "outperform" rating and set a $20.00 price target on shares of MediaAlpha in a research report on Tuesday, February 25th. Canaccord Genuity Group lowered their price objective on shares of MediaAlpha from $30.00 to $26.00 and set a "buy" rating on the stock in a report on Monday, February 24th. Keefe, Bruyette & Woods decreased their target price on shares of MediaAlpha from $19.00 to $16.00 and set an "outperform" rating for the company in a research report on Tuesday, April 22nd. Finally, BMO Capital Markets lowered their price target on shares of MediaAlpha from $27.00 to $23.00 and set an "outperform" rating on the stock in a research note on Thursday, April 3rd. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, MediaAlpha has an average rating of "Moderate Buy" and an average price target of $17.21.

About MediaAlpha

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.