Grindr (GRND) Set to Announce Quarterly Earnings on Thursday

Grindr (NYSE:GRND - Get Free Report) is scheduled to announce its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of $0.03 per share for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

Grindr (NYSE:GRND - Get Free Report) last issued its earnings results on Monday, March 11th. The company reported $0.04 earnings per share (EPS) for the quarter. Grindr had a positive return on equity of 101.02% and a negative net margin of 21.48%. The company had revenue of $72.09 million for the quarter. On average, analysts expect Grindr to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Grindr Stock Up 1.0 %

Shares of GRND traded up $0.10 during trading hours on Friday, reaching $10.29. The stock had a trading volume of 240,431 shares, compared to its average volume of 415,378. The company has a market capitalization of $1.80 billion, a price-to-earnings ratio of -32.16 and a beta of 0.30. The firm has a 50-day simple moving average of $9.75 and a 200 day simple moving average of $8.36. Grindr has a 12 month low of $4.49 and a 12 month high of $11.13. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 13.21.


Analyst Ratings Changes

A number of equities research analysts recently commented on GRND shares. JMP Securities reissued a "market outperform" rating and issued a $14.00 price target on shares of Grindr in a research report on Monday, April 22nd. TD Cowen started coverage on Grindr in a research report on Thursday, March 28th. They issued a "buy" rating and a $12.00 price target for the company. Finally, Raymond James started coverage on Grindr in a research report on Thursday, April 4th. They issued an "outperform" rating and a $14.00 price target for the company.

View Our Latest Analysis on GRND

About Grindr

(Get Free Report)

Grindr Inc operates social network and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide. Its platform enables LGBTQ people to find and engage with each other, share content and experiences, and express themselves. The company offers ad-supported service and a premium subscription version.

Featured Articles

Should you invest $1,000 in Grindr right now?

Before you consider Grindr, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Grindr wasn't on the list.

While Grindr currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Featured Articles and Offers

4 Downgraded Stocks Still Worth a Look

4 Downgraded Stocks Still Worth a Look

Despite recent analyst downgrades, these stocks might offer golden opportunities to buy on a dip.

Search Headlines: