NASDAQ:SURG

SurgePays - SURG Stock Forecast, Price & News

$5.95

-0.25 (-4.03%)

(As of 02/7/2023 12:00 AM ET)

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Today's Range: $5.78
▼
$6.25
50-Day Range: $5.76
▼
$7.50
52-Week Range: $2.51
▼
$7.61

Volume: 117,825 shs
Average Volume: 90,969 shs
Market Capitalization: $82.29 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $11.88

Institutional Ownership

SurgePays MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 99.6% Upside
$11.88 Price Target
Short Interest: Bearish
17.63% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
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.

1.67 out of 5 stars

Computer And Technology Sector

496th out of 610 stocks

Advertising Industry

8th out of 10 stocks

3.5

Analyst's Opinion

Consensus Rating
SurgePays has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.88, SurgePays has a forecasted upside of 99.6% from its current price of $5.95.
Amount of Analyst Coverage
SurgePays has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
17.63% of the float of SurgePays has been sold short.
Short Interest Ratio / Days to Cover
SurgePays has a short interest ratio ("days to cover") of 15.4, which indicates bearish sentiment.
Change versus previous month
Short interest in SurgePays has recently decreased by 2.66%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
SurgePays does not currently pay a dividend.
Dividend Growth
SurgePays does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SURG.

1.8

News and Social Media Coverage

News Sentiment
SurgePays has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for SurgePays this week, compared to 2 articles on an average week.
MarketBeat Follows
28 people have added SurgePays to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SurgePays insiders have not sold or bought any company stock.
Percentage Held by Insiders
39.20% of the stock of SurgePays is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 8.31% of the stock of SurgePays is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of SurgePays is -5.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of SurgePays is -5.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
SurgePays has a P/B Ratio of 20.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About SurgePays (NASDAQ:SURG) Stock

SurgePays, Inc. operates as a technology-driven company, which focuses on building a supply chain software platform as an alternative to traditional wholesale supply chain distribution models. It offers goods and services direct to convenience stores, bodegas, minimarts, tiendas and other corner stores, providing goods and services primarily to the underbanked community. The company was founded on August 18, 2006 and is headquartered in Bartlett, TN.

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SURG Stock News Headlines

February 2, 2023 | benzinga.com

Surgepays Stock (NASDAQ:SURG), Quotes and News Summary

January 17, 2023 | finance.yahoo.com

SurgePays to Present at the Virtual Investor 2023 Companies to Watch Event

February 7, 2023 | Wall Street Watch Dogs (Ad)

A gold storm is coming…

“We are in the early stages of a mania – the calm before the storm.”...

January 16, 2023 | finance.yahoo.com

Investors in SurgePays (NASDAQ:SURG) have made a strong return of 125% over the past year

January 12, 2023 | finance.yahoo.com

SurgePays Provides Shareholder Update

December 23, 2022 | finance.yahoo.com

SurgePays Announces Changes To Its Board Of Directors

December 15, 2022 | finance.yahoo.com

94% of Consumers Consider their Local Independent Grocery Stores Important to their Community According to New SurgePays Survey

December 1, 2022 | finance.yahoo.com

Market Sentiment Around Loss-Making SurgePays, Inc. (NASDAQ:SURG)

February 7, 2023 | Wall Street Watch Dogs (Ad)

The #1 Energy Stock to Buy

The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…

November 18, 2022 | finance.yahoo.com

SurgePays Announces Closing on $25 Million Senior Credit Facility

November 14, 2022 | finance.yahoo.com

SurgePays Announces Third Quarter 2022 Financial Results

November 4, 2022 | finance.yahoo.com

SurgePays Announces Third Quarter 2022 Earnings Release and Conference Call

November 3, 2022 | finance.yahoo.com

SurgePays Announces Application for Dual Listing on Upstream

November 1, 2022 | finance.yahoo.com

Jeremy Gies Appointed President of SurgePays Fintech

October 27, 2022 | finance.yahoo.com

GPOPlus+ Signs Master Services Agreement with SurgePays

October 10, 2022 | uk.investing.com

TOP Ships, Weber And 3 More Short Squeeze Stocks That Could Soar This Week By Benzinga - Investing.com UK

October 10, 2022 | benzinga.com

TOP Ships, Weber And 3 More Short Squeeze Stocks That Could Soar This Week - Greenwich LifeSciences (NASD - Benzinga

October 7, 2022 | nasdaq.com

SurgePays (NASDAQ:SURG) Is Carrying A Fair Bit Of Debt - Nasdaq

October 7, 2022 | marketwatch.com

SurgePays Shares Rise 11% After Subscriber Base Passes 200,000

October 6, 2022 | ca.investing.com

After-Hours Movers: Richardson Electronics Gains on EPS, Viavi Up on Buy Rating By Investing.com - Investing.com Canada

October 6, 2022 | seekingalpha.com

SurgePays Is Ripe For A Short Squeeze (NASDAQ:SURG) - Seeking Alpha

October 5, 2022 | investing.com

After-Hours Movers: Richardson Electronics Gains on EPS, Viavi Up on Buy Rating By Investing.com - Investing.com

October 5, 2022 | globenewswire.com

SurgePays Passes 200,000 Mobile Broadband Subscribers - GlobeNewswire

October 5, 2022 | finance.yahoo.com

SurgePays Passes 200,000 Mobile Broadband Subscribers

October 3, 2022 | benzinga.com

Grenwich LilfeSciences, Blue Apron And 3 More Short Squeeze Candidates That May Soar - Blue Apron Hldgs ( - Benzinga

October 3, 2022 | globenewswire.com

SurgePays Announces Upcoming Investor Conference Participation - GlobeNewswire

October 3, 2022 | finance.yahoo.com

SurgePays Announces Upcoming Investor Conference Participation

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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SURG Company Calendar

Last Earnings: 11/14/2022
Today: 2/07/2023
Next Earnings (Estimated): 3/23/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Advertising
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:SURG
CUSIP: N/A
CIK: 836429
Web: www.surgeholdings.com
Phone: (901) 302-9587
Fax: N/A
Employees: 32
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $11.88
High Stock Price Forecast: $15.00
Low Stock Price Forecast: $8.75
Forecasted Upside/Downside: +99.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.17)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-13,530,000.00
Net Margins: -10.58%
Pretax Margin: -10.79%
Return on Equity: -492.78%
Return on Assets: -42.02%

Debt

Debt-to-Equity Ratio: 11.98
Current Ratio: 1.00
Quick Ratio: 0.65

Sales & Book Value

Annual Sales: $51.06 million
Price / Sales: 1.61
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.29 per share
Price / Book: 20.52

Miscellaneous

Outstanding Shares: 13,830,000
Free Float: 8,409,000
Market Cap: $82.29 million
Optionable: Not Optionable
Beta: 1.20

Key Executives

Kevin Brian Cox
Chairman & Chief Executive Officer

Anthony G. Evers
Chief Financial Officer

John Mott
Chief Technology Officer

David C. Ansani
Secretary, Chief Administrative Officer

Carter Matzinger
Chief Strategic Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SURG Stock - Frequently Asked Questions

Should I buy or sell SurgePays stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SurgePays in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SURG shares.
View SURG analyst ratings or view top-rated stocks.
What is SurgePays' stock price forecast for 2023?: 1 Wall Street research analysts have issued 1 year price objectives for SurgePays' stock. Their SURG share price forecasts range from $8.75 to $15.00. On average, they expect the company's share price to reach $11.88 in the next twelve months. This suggests a possible upside of 91.5% 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 2023. Since then, SURG shares have decreased by 5.5% and is now trading at $6.20.
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 Thursday, March 23rd 2023.
View our SURG earnings forecast.
How were SurgePays' earnings last quarter?: SurgePays, Inc. (NASDAQ:SURG) announced its earnings results on Monday, November, 14th. The medical equipment provider reported ($0.12) EPS for the quarter. The medical equipment provider earned $36.17 million during the quarter. SurgePays had a negative net margin of 10.58% and a negative trailing twelve-month return on equity of 492.78%.

What other stocks do shareholders of SurgePays own?: Based on aggregate information from My MarketBeat watchlists, some companies that other SurgePays investors own include Agilent Technologies (A), Allena Pharmaceuticals (ALNA), Catalyst Biosciences (CBIO), Celldex Therapeutics (CLDX), Genocea Biosciences (GNCA), GTX (GTXI), Idera Pharmaceuticals (IDRA), Microbot Medical (MBOT), Progenics Pharmaceuticals (PGNX) and Rigel Pharmaceuticals (RIGL).
What is SurgePays' stock symbol?: SurgePays trades on the NASDAQ under the ticker symbol "SURG."
Who are SurgePays' major shareholders?: SurgePays' stock is owned by a number of institutional and retail investors. Top institutional investors include Equitec Proprietary Markets LLC (0.00%), FNY Investment Advisers LLC (0.07%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include David Allen May, John Mott and Kevin Brian Cox.
View institutional ownership trends.
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 $6.20.
How much money does SurgePays make?: SurgePays (NASDAQ:SURG) has a market capitalization of $85.75 million and generates $51.06 million in revenue each year. The medical equipment provider earns $-13,530,000.00 in net income (profit) each year or ($1.17) 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 2/7/2023 by MarketBeat.com Staff

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SurgePays - SURG Stock Forecast, Price & News

SurgePays MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About SurgePays (NASDAQ:SURG) Stock

SURG Stock News Headlines

SURG Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

SURG Stock - Frequently Asked Questions

Overall MarketRank^™