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S&P 500   4,229.45
DOW   33,002.38
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3 Drone Stocks That Can Lift Your Portfolio Higher
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
3 Quality Stocks On Track for Significant Dividend Increases
International Paper's 5% Yield Offers Big Value
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video) (Ad)
This Is One of the Top-Rated and Most-Upgraded Stocks
5 Economic Trends That Will Drive The Market In Q4
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
3 Drone Stocks That Can Lift Your Portfolio Higher
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
3 Quality Stocks On Track for Significant Dividend Increases
International Paper's 5% Yield Offers Big Value
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video) (Ad)
This Is One of the Top-Rated and Most-Upgraded Stocks
5 Economic Trends That Will Drive The Market In Q4
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
3 Drone Stocks That Can Lift Your Portfolio Higher
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
3 Quality Stocks On Track for Significant Dividend Increases
International Paper's 5% Yield Offers Big Value
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Warren Buffett's company dumps another 5 million shares of printer maker HP
How You Can Beat the Yields on near 5% Treasuries, plus Upside
Man Gets Into a Self-Driving Tesla… What Happens Next will Shock Everyone (Video) (Ad)
This Is One of the Top-Rated and Most-Upgraded Stocks
5 Economic Trends That Will Drive The Market In Q4
NASDAQ:SURG

SurgePays (SURG) Stock Forecast, Price & News

$4.46
-0.11 (-2.41%)
(As of 10/3/2023 ET)
Compare
Today's Range
$4.41
$4.52
50-Day Range
$4.36
$5.97
52-Week Range
$3.88
$8.33
Volume
58,213 shs
Average Volume
159,926 shs
Market Capitalization
$63.47 million
P/E Ratio
5.31
Dividend Yield
N/A
Price Target
$15.00

SurgePays MarketRank™ Forecast

Analyst Rating
0.00 Rating Score
Upside/​Downside
236.3% Upside
$15.00 Price Target
Short Interest
Bearish
20.09% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$24,544 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars

Computer And Technology Sector

478th out of 596 stocks

Telephone Communication, Except Radio Industry

15th out of 19 stocks


SURG stock logo

About SurgePays (NASDAQ:SURG) Stock

Surgepays Inc is a technology and financial services company specializing in providing distribution, logistics, and digital marketing services to convenience stores, bodegas, and other small retailers. The company was founded in 2016 and is headquartered in Bartlett, Tennessee. Surgepays is focused on helping small businesses compete against larger retailers by assisting them to provide telecommunications and fintech products and services. The company operates in a highly competitive industry and has been able to differentiate itself by leveraging its technology and logistics expertise.

The leadership team at Surgepays Inc comprises experienced professionals with backgrounds in technology, finance, and logistics. The company's CEO is Brian Cox, who has over 15 years of experience in the technology industry, including serving as the CTO of a publicly-traded company. The CFO is Anthony Evers, who has over 15 years of experience in finance and accounting, including working for a Big Four accounting firm. The President of Surgepays Fintech, Jeremy Gies, previously worked as their Senior Channel Business Manager at Honeywell Voice Solutions. Jeremy Gies has a long history of working in telecom sales and development. 

Surgepays Inc has experienced consistent revenue growth over the past few years but has also missed the mark on expected earnings per share (EPS) nearly every quarter for the past few years. The company has been working on increasing its gross profit margin and has made some upward movement regarding that. Surgepays has achieved this growth through a combination of organic growth and strategic acquisitions. The company recently reached a subscriber goal by passing over 200,000 subscribers in Q4 of 2022. However, the company is in debt, with a debt-to-equity ratio significantly higher than industry averages. The company has also recently completed a 1 for 50 reverse stock split, which has helped to reduce its outstanding shares and improve its financial position. Surgepays Inc's price-to-earnings ratio is significantly lower than the industry average, and the company's price-to-book ratio is also relatively low. These valuation metrics suggest that Surgepays may be undervalued relative to its peers. Surgepays Inc has had a volatile stock performance over the past year. The company has also experienced an increase in trading volume over the past year, with an average daily trading volume of around 100,000 shares daily.

Surgepays Inc operates in the highly competitive convenience store and bodega distribution industry, dominated by large retailers such as Walmart and Amazon. However, the company has been able to differentiate itself by focusing on small retailers and underserved customers in the fintech space. The industry also faces increasing regulatory and political pressures, primarily in online fraud through gift cards and "burner phones," often used for illegal purposes. 

Surgepays Inc has several potential growth opportunities, including expanding its product and service offerings, acquiring smaller competitors, and expanding into new markets. The company has recently launched a new ISO program, which has the potential to generate significant revenue growth. The company has also been actively seeking strategic acquisitions, focusing on companies that can help expand its geographic reach and product offerings.

Surgepays Inc faces several potential risks and challenges, including increasing competition from larger retailers, regulatory and political pressures, and the potential for economic downturns. The company's focus on small retailers is also a potential weakness, as these retailers are more susceptible to economic downturns and other market pressures. Surgepays must continue to innovate and differentiate itself to maintain its competitive position.

SURG Price History

SURG Stock News Headlines

SurgePays to Exhibit at the NACS Show 2023
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The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
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The former retail giant’s sales once accounted for 1% of the U.S. economy. Now it’s nearly extinct. Will the same happen to big tech? Learn more here.
SurgePays Inc.
Q1 2023 Surgepays Inc Earnings Call
Surgepays: Q1 Earnings Insights
1606 Corp inks product distribution deal with SurgePays
See More Headlines
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SURG Company Calendar

Last Earnings
8/10/2023
Today
10/03/2023
Next Earnings (Estimated)
11/13/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Telephone communication, except radio
Sub-Industry
N/A
Current Symbol
NASDAQ:SURG
Fax
N/A
Employees
20
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$15.00
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+236.3%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$-680,000.00
Pretax Margin
8.52%

Debt

Sales & Book Value

Annual Sales
$121.54 million
Cash Flow
$0.03 per share
Book Value
$0.37 per share

Miscellaneous

Free Float
8,537,000
Market Cap
$63.47 million
Optionable
Not Optionable
Beta
0.90
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Key Executives

  • Mr. Kevin Brian Cox (Age 48)
    Chairman & CEO
    Comp: $1.08M
  • Mr. Anthony George Evers CPA (Age 59)
    CIA, CPA, CFO & Acting COO
    Comp: $792.72k
  • Mr. David C. Ansani J.D. (Age 58)
    M.B.A., Chief Legal Counsel, Sec. & Chief Admin. Officer
    Comp: $366.25k
  • Mr. John MottMr. John Mott
    Chief Technology Officer
  • Mr. Carter M. Matzinger (Age 48)
    Chief Strategic Officer of LogicsIQ
  • Mr. Brian M. Prenoveau C.F.A.
    Managing Director of MZ
  • Mr. Jeremy Gies
    Pres of SurgePays Fintech, Inc.













SURG Stock - Frequently Asked Questions

What is SurgePays' stock price forecast for 2023?

0 Wall Street research analysts have issued 12-month price targets for SurgePays' shares. Their SURG share price forecasts range from $15.00 to $15.00. On average, they predict the company's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 236.3% from the stock's current price.
View analysts price targets for SURG
or view top-rated stocks among Wall Street analysts.

How have SURG shares performed in 2023?

SurgePays' stock was trading at $6.56 at the beginning of the year. Since then, SURG stock has decreased by 32.0% and is now trading at $4.46.
View the best growth stocks for 2023 here
.

When is SurgePays' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our SURG earnings forecast
.

How were SurgePays' earnings last quarter?

SurgePays, Inc. (NASDAQ:SURG) issued its quarterly earnings results on Thursday, August, 10th. The medical equipment provider reported $0.40 earnings per share for the quarter. The medical equipment provider had revenue of $35.89 million for the quarter. SurgePays had a net margin of 8.43% and a trailing twelve-month return on equity of 150.20%.

What other stocks do shareholders of SurgePays own?
What is SurgePays' stock symbol?

SurgePays trades on the NASDAQ under the ticker symbol "SURG."

How do I buy shares of SurgePays?

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

What is SurgePays' stock price today?

One share of SURG stock can currently be purchased for approximately $4.46.

How much money does SurgePays make?

SurgePays (NASDAQ:SURG) has a market capitalization of $63.47 million and generates $121.54 million in revenue each year. The medical equipment provider earns $-680,000.00 in net income (profit) each year or $0.84 on an earnings per share basis.

How can I contact SurgePays?

SurgePays' mailing address is 3845 Corporate Centre Dr, O'FALLON, MO 63368-8678, United States. The official website for the company is www.surgeholdings.com. The medical equipment provider can be reached via phone at (901) 302-9587 or via email at invest@surgepays.com.

This page (NASDAQ:SURG) was last updated on 10/4/2023 by MarketBeat.com Staff

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